Bill Text: NH HB1150 | 2016 | Regular Session | Introduced
Bill Title: Relative to the penalty for failure to deliver goods under the Uniform Commercial Code.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2016-03-09 - Inexpedient to Legislate: Motion Adopted Voice Vote 03/09/2016 House Journal 23 P. 4 [HB1150 Detail]
Download: New_Hampshire-2016-HB1150-Introduced.html
HB 1150 - AS INTRODUCED
2016 SESSION
16-2312
08/10
HOUSE BILL 1150
AN ACT relative to the penalty for failure to deliver goods under the Uniform Commercial Code.
SPONSORS: Rep. Marple, Merr. 24; Rep. L. Christiansen, Hills. 37
COMMITTEE: Commerce and Consumer Affairs
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ANALYSIS
This bill creates a penalty for failure to deliver goods under the Uniform Commercial Code.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
16-2312
08/10
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Sixteen
AN ACT relative 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:
1 New Section; Certificate of Deed. Amend RSA 382-A by inserting after section 1-310 the following new section:
382-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.
2 Effective Date. This act shall take effect 60 days after its passage.
