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Session Laws, 2004
Volume 801, Page 2924   View pdf image
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H.B. 140

VETOES

(a)     In return for a binding commitment to extend credit or for the
extension of immediately available credit whether or not drawn upon and whether or
not a charge-back is provided for in the event of difficulties in collection; or

(b)     As security for or in total or partial satisfaction of a preexisting
claim; or

(c)      By accepting delivery pursuant to a preexisting contract for
purchase; or

(d)     Generally, in return for any consideration sufficient to support a
simple contract.

(45)   "Warehouse receipt" means a [receipt] DOCUMENT OF TITLE issued
by a person engaged in the business of storing goods for hire.

(46)   "Written" or "writing" includes printing, [typewriting]
TYPEWRITING, or any other intentional reduction to tangible forms.

2-103.

(3) [The] "CONTROL" AS PROVIDED IN § 7-106 AND THE following definitions
in other titles apply to this title:

"Check." § 3-104.

"Consignee." § 7-102.

"Consignor." § 7-102.

"Consumer goods." § 9-102.

"Dishonor." § 3-502.

"Draft." § 3-104.

2-104.

(2) "Financing agency" means a bank, finance company or other person who in
the ordinary course of business makes advances against goods or documents of title or
who by arrangement with either the seller or the buyer intervenes in ordinary course
to make or collect payment due or claimed under the contract for sale, as by
purchasing or paying the seller's draft or making advances against it or by merely
taking it for collection whether or not documents of title accompany OR ARE
ASSOCIATED WITH the draft. "Financing agency" includes also a bank or other person
who similarly intervenes between persons who are in the position of seller and buyer
in respect to the goods (§ 2-707).

2-310.

Unless otherwise agreed

(a) Payment is due at the time and place at which the buyer is to receive
the goods even though the place of shipment is the place of delivery; and

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Session Laws, 2004
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