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RSA 382-A:2A-102 · Scope

Title: XXXIV-A: UNIFORM COMMERCIAL CODE
Chapter: 382-A · UNIFORM COMMERCIAL CODE
Status: current
Official source linked: Yes

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382-A:2A-102 Scope. –

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(1)

This Article applies to any transaction regardless of form, that creates a lease and, in the case of a hybrid lease, it applies to the extent provided in subsection (2).

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(2)

In a hybrid lease:

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(a)

if the lease-of-goods aspects do not predominate:

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(i)

only the provisions of this Article which relate primarily to the lease-of-goods aspects of the transaction apply, and the provisions that relate primarily to the transaction as a whole do not apply.

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(ii)

Section 2A-209 applies if the lease is a finance lease; and

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(iii)

Section 2A-407 applies to the promises of the lessee in a finance lease to the extent the promises are consideration for the right to possession and use of the leased goods; and

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(b)

if the lease-of-goods aspects predominate, this article applies to the transaction, but does not preclude application in appropriate circumstances of other law to the aspects of the lease which do not relate to the lease of goods. Source. 1993, 345:1, eff. Jan. 1, 1994. 2022, 281:16, eff. Jan. 1, 2023. 2023, 236:11, eff. Oct. 7, 2023.

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Source note

Source. 1993, 345:1, eff. Jan. 1, 1994. 2022, 281:16, eff. Jan. 1, 2023. 2023, 236:11, eff. Oct. 7, 2023.

Source history

1993, 345:1, eff. Jan. 1, 1994
2022, 281:16, eff. Jan. 1, 2023
2023, 236:11, eff. Oct. 7, 2023

Related materials

Bill relationships

2026 HB1066 reference
installment sale, or other similar agreement to acquire use or ownership of such equipment as is from time to time required by the municipality. For purposes of this section and RSA 382-A, building or facility improvements related to the installation, purpose, or operation of such equipment shall be deemed to constitute equipment and the costs of such improvements may be financed through lease agreements
2026 HB1066-FN reference
installment sale, or other similar agreement to acquire use or ownership of such equipment as is from time to time required by the municipality. For purposes of this section and RSA 382-A, building or facility improvements related to the installation, purpose, or operation of such equipment shall be deemed to constitute equipment and the costs of such improvements may be financed through lease agreements
2026 HB1748 reference · effective 2027-01-01
V. Any mortgage, pledge, or security interest made by the authority under this chapter shall be valid and binding and shall be deemed continuously perfected for the purposes of RSA 382-A and all other laws from the time when the mortgage, pledge, or security interest is made. The property or revenues so mortgaged, pledged, or subjected to a security interest then held or thereafter acquired or received
2026 HB1748-FN reference · effective 2027-01-01
V. Any mortgage, pledge, or security interest made by the authority under this chapter shall be valid and binding and shall be deemed continuously perfected for the purposes of RSA 382-A and all other laws from the time when the mortgage, pledge, or security interest is made. The property or revenues so mortgaged, pledged, or subjected to a security interest then held or thereafter acquired or received
2026 SB56 reference · effective 2031-07-01
rfected from the time when the security document is executed with or without any subsequent physical delivery or segregation of the money and without any filing or recording under RSA 382-A or otherwise] A pledge of property, revenues, or other collateral by the authority to secure the payment of principal or redemption price of, or interest on, any bonds, or any reimbursement or similar agreement with any