Bill Text - HB1150 (2016)

Relative to the penalty for failure to deliver goods under the Uniform Commercial Code.


Revision: March 8, 2016, midnight

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HB 1150 - AS INTRODUCED

 

2016 SESSION

\t16-2312

\t08/10

 

HOUSE BILL\t1150

 

AN ACT\trelative to the penalty for failure to deliver goods under the Uniform Commercial Code.

 

SPONSORS:\tRep. Marple, Merr. 24; Rep. L. Christiansen, Hills. 37

 

COMMITTEE:\tCommerce and Consumer Affairs

 

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ANALYSIS

 

\tThis bill creates a penalty for failure to deliver goods under the  Uniform Commercial Code.

 

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Explanation:\tMatter added to current law appears in bold italics.

\t\tMatter removed from current law appears [in brackets and struckthrough.]

\t\tMatter which is either (a) all new or (b) repealed and reenacted appears in regular type.

\t16-2312

\t08/10

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Sixteen

 

AN ACT\trelative to the penalty for failure to deliver goods under the Uniform Commercial Code.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

\t1  New Section; Certificate of Deed.  Amend RSA 382-A by inserting after section 1-310 the following new section:

\t382-A:1-311  Certificate of Deed.  Whoever for any reason whatsoever violates the requirements for transactions in goods provided by RSA 382-A, or shall fail to deliver any part of the property included in a contract to any purchaser, shall be ipso facto guilty of negligence and shall be liable for damages equal to triple the value of the contract.

\t2  Effective Date.  This act shall take effect 60 days after its passage.

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