oops, misread
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Posted by lawguy
(216.30.212.58) on April 09, 2003 at 14:54:12:
In Reply to: Whychat, Lady, Scott, Vets...SOL and Article 2 of UCC posted by nc on April 09, 2003 at 13:38:28:
Sorry, for some reason I thought you said this was in NC. Upon rereading I note that you did not designate where this occurred. With regards to my prior post, the SOL start date on installment contracts is pretty much standard law in all states. The 4 year UCC SOL applies in MOST, BUT NOT ALL states with regards to breach of a financing agreement pursuant to the sale of goods. (MD for instance, is one). This also applies to a deficiency suit, in the manner as I set out in the previous post. Different states have approached it differently, but generally, the 4 year SOL would apply. NC is the leading minority state on this issue. Other than that, everything in my previous post pretty much applies in all states.
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