LD 2245
pg. 34
Page 33 of 493 An Act to Adopt the Model Revised Article 9 Secured Transactions Page 35 of 493
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LR 1087
Item 1

 
(74)__"Send," in connection with a record or notification,
means:

 
(a)__To deposit in the mail, deliver for transmission or
transmit by any other usual means of communication, with
postage or cost of transmission provided, addressed to any
address reasonable under the circumstances; or

 
(b)__To cause to be received within the time that it would
have been received if properly sent under paragraph (a).

 
(75)__"Software" means a computer program and any supporting
information provided in connection with a transaction relating to
the program.__"Software" does not include a computer program that
is included in the definition of goods.

 
(76)__"State" means a state of the United States, the District
of Columbia, Puerto Rico, the United States Virgin Islands or any
territory or insular possession subject to the jurisdiction of
the United States.

 
(77)__"Supporting obligation" means a letter-of-credit right
or secondary obligation that supports the payment or performance
of an account, chattel paper, a document, a general intangible,
an instrument or investment property.

 
(78)__"Tangible chattel paper" means chattel paper evidenced
by a record or records consisting of information that is
inscribed on a tangible medium.

 
(79)__"Termination statement" means an amendment of a
financing statement that:

 
(a)__Identifies, by its file number, the initial financing
statement to which it relates; and

 
(b)__Indicates either that it is a termination statement or
that the identified financing statement is no longer
effective.

 
(80)__"Transmitting utility" means a person primarily engaged
in the business of:

 
(a)__Operating a railroad, subway, street railway or trolley
bus;

 
(b)__Transmitting communications electrically,
electromagnetically or by light;

 
(c)__Transmitting goods by pipeline or sewer; or


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