S.C. Code § 36-2-103

Current through 2024 Act No. 225.

Section 36-2-103 - Definitions and index of definitions

(1) In this chapter unless the context otherwise requires:

(a) "Buyer" means a person who buys or contracts to buy goods.

(b) [Reserved].

(c) "Receipt" of goods means taking physical possession of them.

(d) "Seller" means a person who sells or contracts to sell goods.

(2) Other definitions applying to this chapter or to specified parts thereof, and the sections in which they appear are:

"Acceptance." Section 36-2-606.

"Banker's credit." Section 36-2-325.

"Between merchants." Section 36-2-104.

"Cancellation." Section 36-2-106(4).

"Commercial unit." Section 36-2-105.

"Confirmed credit." Section 36-2-325.

"Conforming to contract." Section 36-2-106.

"Contract for sale." Section 36-2-106.

"Cover." Section 36-2-712.

"Entrusting." Section 36-2-403.

"Financing agency." Section 36-2-104.

"Future goods." Section 36-2-105.

"Goods." Section 36-2-105.

"Identification." Section 36-2-501.

"Installment contract." Section 36-2-612.

"Letter of credit." Section 36-2-325.

"Lot." Section 36-2-105.

"Merchant." Section 36-2-104.

"Overseas." Section 36-2-323.

"Person in position of seller." Section 36-2-707.

"Present sale." Section 36-2-106.

"Sale." Section 36-2-106.

"Sale on approval." Section 36-2-326.

"Sale or return." Section 36-2-326.

"Termination." Section 36-2-106.

(3) "Control" as provided in Section 36-7-106 and the following definitions in other chapters of Title 36 apply to this chapter:

"Check" Section 36-3-104.

"Consignee" Section 36-7-102.

"Consignor" Section 36-7-102.

"Consumer goods" Section 36-9-102.

"Dishonor" Section 36-3-507.

"Draft" Section 36-3-104.

(4) In addition Title 36, Chapter 1, contains general definitions and principles of construction and interpretation applicable throughout this Chapter.

S.C. Code § 36-2-103

Amended by 2014 S.C. Acts, Act No. 213 (SB 343), s 4, eff. 10/1/2014.

Amended by 2014 S.C. Acts, Act No. 213 (SB 343), s 3, eff. 10/1/2014.

1966 (54) 2716; 1962 Code Section 10.2-103.

2014 Act No. 213, Section 51, provides as follows:

"SECTION 51. This act becomes effective on October 1, 2014. It applies to transactions entered into and events occurring after that date."