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Repossessions: GEORGIA

UCC Article 9: Ga. Code Ann. §§ 11-9-101 to 11-9-809

Significant non-uniform amendments: Deletes manufactured homes from definition of goods (manufactured home may still meet general definition of goods); reduces to $10 the amount a creditor may charge for providing an accounting or list of collateral after providing one for free per six-month period; reduces to $10 the amount creditor may charge for providing explanation of surplus or deficiency after providing one for free; reduces $500 statutory damages to $250.

Repossessions: HAWAII

UCC Article 9: Haw. Rev. Stat. §§ 490:9-101 to 490:9-809

Significant non-uniform amendments: None.

UCC Article 2A: Haw. Rev. Stat. §§ 490:2A-101 to 490:2A-532

UCC Article 3: Haw. Rev. Stat. §§ 490:3-101 to 490:3-605

Consumer leasing law: Haw. Rev. Stat. §§ 481L-1 to 481L-4 (motor vehicles)

Repossessions: INDIANA

UCC Article 9: Ind. Code §§ 26-1-9.1-101 to 26-1-9.1-902

Significant non-uniform amendments: General rules for determining when a security interest loses purchase-money status apply to consumer transactions; requires secured party to give copy of financing statement to debtor within thirty days after filing, and provides $500 statutory damages for violation; adopts rebuttable presumption rule for both consumer and commercial transactions.

Repossessions: IOWA

UCC Article 9: Iowa Code §§ 554.9101 to 554.9809

Significant non-uniform amendments: None.

UCC Article 2A: Iowa Code §§ 554.13101 to 554.13532

UCC Article 3: Iowa Code §§ 554.3101 to 554.3605

Consumer leasing law: None.

Rent-to-own statute: Iowa Code §§ 537.3601 to 537.3624

Repossessions: KANSAS

UCC Article 9: Kan. Stat. Ann. §§ 84-9-101 to 84-9-809

Significant non-uniform amendments: General rules for determining when a security interest loses purchase-money status apply to consumer transactions; presumes that ten days is sufficient notice of disposition for both consumer and commercial transactions; adopts rebuttable presumption rule for both consumer and commercial transactions.

UCC Article 2A: Kan. Stat. Ann. §§ 84-2a-101 to 84-2a-532

Repossessions: KENTUCKY

UCC Article 9: Ky. Rev. Stat. Ann. §§ 355.9-101 to 355.9-809 (West)

Significant non-uniform amendments: Adds to § 9-610 that the acquisition of a repossession title by a secured party shall not be deemed a disposition of collateral.

UCC Article 2A: Ky. Rev. Stat. Ann. §§ 355.2A-101 to 355.2A-532 (West)

UCC Article 3: Ky. Rev. Stat. Ann. §§ 355.3-101 to 355.3-605 (West)

Repossessions: MAINE

UCC Article 9: Me. Stat. tit. 11, §§ 9-1101 to 9-1709

Significant non-uniform amendments: Requires perfection of security interests in consumer goods if purchase price exceeds $10,000; increases creditor’s response deadlines under §§ 9-208, 9-209, and 9-210 to twenty days; revises language about charge for explanation of surplus or deficiency; secured party must at least submit affidavit of compliance to obtain deficiency judgment, plus has burden of proof if consumer contests; adopts absolute bar rule.

Repossessions: MASSACHUSETTS

UCC Article 9: Mass. Gen. Laws ch. 106, §§ 9-101 to 9-709

Significant non-uniform amendments: Deletes § 9-402, which says that existence of security interest does not subject secured party to liability in contract or tort for debtor’s acts or omissions.

UCC Article 2A: Mass. Gen. Laws ch. 106, §§ 2A-101 to 2A-532

UCC Article 3: Mass. Gen. Laws ch. 106, §§ 3-101 to 3-605

Repossessions: MINNESOTA

UCC Article 9: Minn. Stat. §§ 336.9-101 to 336.9-709

Significant non-uniform amendments: Secured party must send special notice of right to request mediation before enforcing security interest in collateral that is agricultural property.

UCC Article 2A: Minn. Stat. §§ 336.2A-101 to 336.2A-531

UCC Article 3: Minn. Stat. §§ 336.3-101 to 336.3-605

Consumer leasing law: None.

Repossessions: MISSOURI

UCC Article 9: Mo. Rev. Stat. §§ 400.9-101 to 400.9-710

Significant non-uniform amendments: Does not adopt expanded definition of “good faith”; revises § 9-207 to place the risk of loss or damage on the party having possession of the collateral; retained former statutory damages rules (former § 9-507) until January 1, 2003; makes §§ 9-625 and 9-626 effective only as of January 1, 2003; does not prohibit § 9-625(c)(2) statutory damages for failure to send explanation of the surplus or deficiency.

Repossessions: MONTANA

UCC Article 9: Mont. Code Ann. §§ 30-9A-101 to 30-9A-709

Significant non-uniform amendments: Allows statutory damages of finance charge plus 10% of principal if secured party does not send notice of proposal for strict foreclosure to all required persons.

UCC Article 2A: Mont. Code Ann. §§ 30-2A-101 to 30-2A-532

UCC Article 3: Mont. Code Ann. §§ 30-3-101 to 30-3-607

Repossessions: NEVADA

UCC Article 9: Nev. Rev. Stat. §§ 104.9101 to 104.9709

Significant non-uniform amendments: Deletes § 9-624(b), which allows debtors to waive mandatory disposition of collateral by agreement entered into after default.

UCC Article 2A: Nev. Rev. Stat. §§ 104A.2101 to 104A.2532

UCC Article 3: Nev. Rev. Stat. §§ 104.3101 to 104.3605

Consumer leasing law: None.

Repossessions: NEW HAMPSHIRE

UCC Article 9: N.H. Rev. Stat. Ann. §§ 382-A:9-101 to 382-A:9-710

Significant non-uniform amendments: None.

UCC Article 2A: N.H. Rev. Stat. Ann. §§ 382-A:2A-101 to 382-A:2A-532

UCC Article 3: N.H. Rev. Stat. Ann. §§ 382-A:3-101 to 382-A:3-605

Consumer leasing law: N.H. Rev. Stat. Ann. §§ 361-D:1 to 361-D:28

Repossessions: NEW JERSEY

UCC Article 9: N.J. Stat. Ann. §§ 12A:9-101 to 12A:9-710 (West)

Significant non-uniform amendments: Allows $500 statutory damages for secured party’s violation of its duties under § 9-207 but not under § 9-209; adopts rebuttable presumption rule for both commercial and consumer transactions.

UCC Article 2A: N.J. Stat. Ann. §§ 12A:2A-101 to 12A:2A-532 (West)

UCC Article 3: N.J. Stat. Ann. §§ 12A:3-101 to 12A:3-605 (West)

Repossessions: NEW MEXICO

UCC Article 9: N.M. Stat. Ann. §§ 55-9-101 to 55-9-710

Significant non-uniform amendments: None.

UCC Article 2A: N.M. Stat. Ann. §§ 55-2A-101 to 55-2A-532

UCC Article 3: N.M. Stat. Ann. §§ 55-3-101 to 55-3-605

Consumer leasing law: None.

Rent-to-own statute: N.M. Stat. Ann. §§ 57-26-1 to 57-26-12

Repossessions: NEW YORK

UCC Article 9: N.Y. U.C.C. Law §§ 9-101 to 9-710 (McKinney)

Significant non-uniform amendments: Special provisions for applying Article 9 to cooperatives. Otherwise none.

UCC Article 2A: N.Y. U.C.C. Law §§ 2-A-101 to 2-A-532 (McKinney)

UCC Article 3: N.Y. U.C.C. Law §§ 3-101 to 3-805 (McKinney)

Consumer leasing law: N.Y. Pers. Prop. Law §§ 331–353 (McKinney)

Repossessions: NORTH CAROLINA

UCC Article 9: N.C. Gen. Stat. §§ 25-9-101 to 25-9-710

Significant non-uniform amendments: None.

UCC Article 2A: N.C. Gen. Stat. §§ 25-2A-101 to 25-2A-532

UCC Article 3: N.C. Gen. Stat. §§ 25-3-101 to 25-3-605

Consumer leasing law: None.

Rent-to-own statute: None.