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New York · Through 2026-09-11

N.Y. Uniform Commercial Code Law § 2-105: Definitions: Transferability; "Goods"; "Future" Goods; "Lot"; "Commercial Unit"

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Where this section sits in the code
  1. Uniform Commercial Code Law
  2. Article 2. Sales
  3. Part 1. Short Title, General Construction and Subject Matter

Section 2--105. Definitions: Transferability; "Goods"; "Future" Goods;

"Lot"; "Commercial Unit".

(1) "Goods" means all things (including specially manufactured goods)

which are movable at the time of identification to the contract for sale

other than the money in which the price is to be paid, investment

securities (Article 8) and things in action. "Goods" also includes the

unborn young of animals and growing crops and other identified things

attached to realty as described in the section on goods to be severed

from realty (Section 2--107).

(2) Goods must be both existing and identified before any interest in

them can pass. Goods which are not both existing and identified are

"future" goods. A purported present sale of future goods or of any

interest therein operates as a contract to sell.

(3) There may be a sale of a part interest in existing identified

goods.

(4) An undivided share in an identified bulk of fungible goods is

sufficiently identified to be sold although the quantity of the bulk is

not determined. Any agreed proportion of such a bulk or any quantity

thereof agreed upon by number, weight or other measure may to the extent

of the seller's interest in the bulk be sold to the buyer who then

becomes an owner in common.

(5) "Lot" means a parcel or a single article which is the subject

matter of a separate sale or delivery, whether or not it is sufficient

to perform the contract.

(6) "Commercial unit" means such a unit of goods as by commercial

usage is a single whole for purposes of sale and division of which

materially impairs its character or value on the market or in use. A

commercial unit may be a single article (as a machine) or a set of

articles (as a suite of furniture or an assortment of sizes) or a

quantity (as a bale, gross, or carload) or any other unit treated in use

or in the relevant market as a single whole.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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