2010 New Hampshire Statutes
TITLE XXXIV-A UNIFORM COMMERCIAL CODE
CHAPTER 382-A UNIFORM COMMERCIAL CODE
Section 382-A:2-326 Sale on Approval and Sale or Return; Rights of Creditors.

382-A:2-326 Sale on Approval and Sale or Return; Rights of Creditors. –
    (1) Unless otherwise agreed, if delivered goods may be returned by the buyer even though they conform to the contract, the transaction is
       (a) a "sale on approval'' if the goods are delivered primarily for use, and
       (b) a "sale or return'' if the goods are delivered primarily for resale.
    (2) Goods held on approval are not subject to the claims of the buyer's creditors until acceptance; goods held on sale or return are subject to such claims while in the buyer's possession.
    (3) Any "or return'' term of a contract for sale is to be treated as a separate contract for sale within the statute of frauds section of this Article (Section 2-201) and as contradicting the sale aspect of the contract within the provisions of this Article on parol or extrinsic evidence (Section 2-202).

Source. 1959, 247:1. 2001, 102:8, eff. July 1, 2001.