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Can you summarize NHRS 382-A:9-109?
UNIFORM COMMERCIAL CODE > Scope.
Short Summary
This legal document provides the general scope and applicability of the Uniform Commercial Code (UCC) in the state of New Hampshire. It applies to various transactions and security interests involving personal property or fixtures, agricultural liens, sales of accounts, chattel paper, payment intangibles, promissory notes, consignments, and specific security interests under certain sections of the UCC. However, there are exemptions and inapplicabilities mentioned in the document, such as exemptions related to landlord’s liens, certain assignments of claims, sales or assignments for collection purposes only, and various other exemptions related to insurance, judgments, real property, tort claims, and consumer transactions. No specific penalties are mentioned in this document.
Whom does it apply to?
This document applies to various transactions and security interests involving personal property or fixtures, agricultural liens, sales of accounts, chattel paper, payment intangibles, promissory notes, consignments, and certain security interests arising under specific sections of the UCC.
What does it govern?
This legal document governs the scope and applicability of the Uniform Commercial Code (UCC) in the state of New Hampshire.
What are exemptions?
There are several exemptions and inapplicabilities mentioned in this document. Some exemptions include landlord's liens (except agricultural liens), liens given by statute or rule of law for services or materials (Section 9-333 applies for priority), assignment of claims for wages or compensation of an employee, certain sales or assignments of accounts, chattel paper, payment intangibles, or promissory notes, assignments for collection purposes only, assignments of rights to payment under a contract where the assignee is also obligated to perform, and various other specific exemptions related to insurance, judgments, recoupment or set-off rights, real property, tort claims, and consumer transactions.
What are the Penalties?
No penalties are mentioned in this document.
Jurisdiction
New Hampshire