Sec. B-2. 11 MRSA §1-201, sub-§(9), as amended by PL 1979, c. 541, Pt. A, §100, is further amended to read:

(9) Buyer in ordinary course of business. "Buyer in ordinary course of business" means a person who that buys goods in good faith and, without knowledge that the sale to him is in violation of violates the ownership rights or security interest of a third party another person in the goods buys, and in the ordinary course from a person, other than a pawnbroker, in the business of selling goods of that kind but does not include a pawnbroker. All persons who sell minerals or the like, including oil and gas, at wellhead or minehead shall be deemed to be persons A person buys goods in the ordinary course if the sale to the person comports with the usual or customary practices in the kind of business in which the seller is engaged or with the seller's own usual or customary practices.__A person that sells oil, gas or other minerals at the wellhead or minehead is a person in the business of selling goods of that kind. "Buying" A "buyer in ordinary course of business" may be buy for cash or, by exchange of other property or on secured or unsecured credit and includes receiving may acquire goods or documents of title under a preexisting contract for sale but does not include a transfer in bulk or as security for or in total or partial satisfaction of a money debt. Only a buyer that takes possession of the goods or has a right to recover the goods from the seller under Article 2 may be a "buyer in ordinary course of business."__A person that acquires goods in a transfer in bulk or as security for or in total or partial satisfaction of a money debt is not a "buyer in ordinary course of business."

Sec. B-3. 11 MRSA §1-201, sub-§(32) is amended to read:

(32) Purchase. "Purchase" includes taking by sale, discount, negotiation, mortgage, pledge, lien, security interest, issue or reissue, gift or any other voluntary transaction creating an interest in property.

Sec. B-4. 11 MRSA §1-201, sub-§(37), as corrected by RR 1991, c. 2, §35, is amended by amending the first paragraph to read:

(37) Security interest. "Security interest" means an interest in personal property or fixtures that secures payment or performance of an obligation. The retention or reservation of title by a seller of goods notwithstanding shipment or delivery