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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.

Repossessions: OHIO

UCC Article 9: Ohio Rev. Code Ann. §§ 1309.101 to 1309.709 (West)

Significant non-uniform amendments: Presumes that ten days is sufficient notice of disposition for both consumer and commercial transactions; adopts rebuttable presumption rule for both commercial and consumer transactions; reduces any damages recovered by debtor or secondary obligor under § 9-625(c) by amount that secured obligation plus expenses and attorney fees exceeds proceeds, regardless of whether deficiency is reduced or eliminated under § 9-626.

Repossessions: OKLAHOMA

UCC Article 9: Okla. Stat. tit. 12A, §§ 1-9-101 to 1-9-710

Significant non-uniform amendments: Makes Article 9 applicable to deposit accounts even in consumer transactions.

UCC Article 2A: Okla. Stat. tit. 12A, §§ 2A-101 to 2A-532

UCC Article 3: Okla. Stat. tit. 12A, §§ 3-101 to 3-605

Consumer leasing law: None.

Repossessions: PENNSYLVANIA

UCC Article 9: 13 Pa. Cons. Stat. §§ 9101–9710

Significant non-uniform amendments: None.

UCC Article 2A: 13 Pa. Cons. Stat. §§ 2A101–2A532

UCC Article 3: 13 Pa. Cons. Stat. §§ 3101–3605

Consumer leasing law: None.

Rent-to-own statute: 42 Pa. Stat. and Cons. Stat. Ann. §§ 6901–6911 (West)

Repossessions: PUERTO RICO

UCC Article 9: P.R. Laws Ann. tit. 19, §§ 2211–2409 (effective January 17, 2013)

Significant non-uniform amendments: None.

UCC Article 2A: Not adopted.

UCC Article 3: P.R. Laws Ann. tit. 19, §§ 501–755

Consumer leasing law: P.R. Laws Ann. tit. 10, §§ 2401–2426

Rent-to-own statute: P.R. Laws Ann. tit. 10, §§ 2451–2466

Repossessions: RHODE ISLAND

UCC Article 9: R.I. Gen. Laws §§ 6A-9-101 to 6A-9-710

Significant non-uniform amendments: Requires that repossessor notify police unless debtor is aware of repossession; adds restrictions on cross-collateral.

UCC Article 2A: R.I. Gen. Laws §§ 6A-2.1-101 to 6A-2.1-532

UCC Article 3: R.I. Gen. Laws §§ 6A-3-101 to 6A-3-606

Consumer leasing law: None.

Repossessions: SOUTH CAROLINA

UCC Article 9: S.C. Code Ann. §§ 36-9-101 to 36-9-709

Significant non-uniform amendments: Public sales that meet certain requirements are conclusively considered to be commercially reasonable.

UCC Article 2A: S.C. Code Ann. §§ 36-2A-101 to 36-2A-532

UCC Article 3: S.C. Code Ann. §§ 36-3-101 to 36-3-201

Consumer leasing law: None.

Repossessions: SOUTH DAKOTA

UCC Article 9: S.D. Codified Laws §§ 57A-9-101 to 57A-9-709

Significant non-uniform amendments: General rules for determining when a security interest loses purchase-money status apply to consumer transactions; eliminates $500 statutory damages for miscellaneous violations; adopts rebuttable presumption rule for both commercial and consumer transactions.

UCC Article 2A: S.D. Codified Laws §§ 57A-2A-101 to 57A-2A-531

Repossessions: TEXAS

UCC Article 9: Tex. Bus. & Com. Code Ann. §§ 9.101 to 9.709 (West)

Significant non-uniform amendments: Amends § 9-109(d) so that Article 9 applies to non-negotiable certificates of deposit.

UCC Article 2A: Tex. Bus. & Com. Code Ann. §§ 2A.101 to 2A.532 (West)

UCC Article 3: Tex. Bus. & Com. Code Ann. §§ 3.101 to 3.604 (West)

Consumer leasing law: None.

Repossessions: UTAH

UCC Article 9: Utah Code Ann. §§ 70A-9a-101 to 70A-9a-709 (West)

Significant non-uniform amendments: None.

UCC Article 2A: Utah Code Ann. §§ 70A-2a-101 to 70A-2a-534 (West)

UCC Article 3: Utah Code Ann. §§ 70A-3-101 to 70A-3-605 (West)

Consumer leasing law: None.

Rent-to-own statute: Utah Code Ann. §§ 15-8-1 to 15-8-12 (West)

Repossessions: VERMONT

UCC Article 9: Vt. Stat. Ann. tit. 9A, §§ 9-101 to 9-709

Significant non-uniform amendments: Allows § 9-625(b) remedies for failure to give required notice of strict foreclosure; only secured party can be liable for actual damages and $500 statutory damages for most violations.

UCC Article 2A: Vt. Stat. Ann. tit. 9A, §§ 2A-101 to 2A-532

UCC Article 3: Vt. Stat. Ann. tit. 9A, §§ 3-101 to 3-605

Repossessions: VIRGIN ISLANDS

UCC Article 9: V.I. Code Ann. tit. 11A, §§ 9-101 to 9-709

Significant non-uniform amendments: Effective date is first day of next fiscal quarter following enactment date of February 20, 2002.

UCC Article 2A: V.I. Code Ann. tit. 11A, §§ 2A-101 to 2A-532

UCC Article 3: V.I. Code Ann. tit. 11A, §§ 3-101 to 3-605

Consumer leasing law: None.