CERTIORARI TO THE CIRCUIT COURT OF APPEALS FOR THE SECOND CIRCUIT. No. 198. Argued March 8, 1927. Decided May 16, 1927. 1. A corporation engaged in lending money or credit, may legitimately stipulate for repayment in the State in which it is organized and conducts its business, in accordance with its laws and at the interest rate there allowable, even though the agreement for the loan was entered into in another State where a different law and a lower rate of interest prevail. P. 407. 2. The bona
No. 92-P-80. April 13, 1993. July 29, 1993. Present: SMITH, GILLERMAN, IRELAND, JJ. Uniform Commercial Code, Security interest. Contract, Equipment lease. Discussion of G.L.c. 106, §§ 9-102 and 1-201 (37), with respect to the factors relevant to a determination whether an equipment lease was intended by the parties to be treated under the Uniform Commercial Code as a true lease or as a security agreement. [60-65] An equipment lease was to be treated under the Uniform Commercial Code as a true lease
(a) Whoever in exchange for either a loan of money or other property knowingly contracts for, charges, takes or receives, directly or indirectly, interest and expenses the aggregate of which exceeds an amount greater than twenty per centum per annum upon the sum loaned or the equivalent rate for a longer or shorter period, shall be guilty of criminal usury and shall be punished by imprisonment in the state prison for not more than ten years or by a fine of not more than ten thousand dollars, or by
(a) Discharge of account debtor; effect of notification. Subject to subsections (b) through (i), an account debtor on an account, chattel paper, or a payment intangible may discharge its obligation by paying the assignor until, but not after, the account debtor receives a notification, authenticated by the assignor or the assignee, that the amount due or to become due has been assigned and that payment is to be made to the assignee. After receipt of the notification, the account debtor may discharge
Whoever sells, exchanges or disposes of any property, or offers or attempts so to do, upon a representation, advertisement, notice or inducement that anything other than what is specifically stated to be the subject of the sale or exchange is or is to be delivered or received, or is in any way connected with or is a part of the transaction, or whoever gives a stamp, coupon or other device which entitles a purchaser to demand or receive from a person or company other than the merchant dealing in the