<b>Title 42a - Uniform Commercial Code</b>
- <b>Article 1</b>
- Sec. 42a-1-101. Short titles.
- Sec. 42a-1-102. Scope of article.
- Sec. 42a-1-103. Construction of title to promote its purposes and policies; applicability of supplemental principles of law.
- Sec. 42a-1-104. Construction against implied repeal.
- Sec. 42a-1-105. Severability.
- Sec. 42a-1-106. Use of singular and plural; gender.
- Sec. 42a-1-107. Waiver or renunciation of claim or right after breach.
- Sec. 42a-1-108. Relation to Electronic Signatures in Global and National Commerce Act.
- Sec. 42a-1-201. General definitions.
- Sec. 42a-1-202. Notice; knowledge.
- Sec. 42a-1-203. Lease distinguished from security interest.
- Sec. 42a-1-204. Value.
- Sec. 42a-1-205. Reasonable time; seasonableness.
- Sec. 42a-1-206. Presumptions.
- Sec. 42a-1-301. Territorial applicability; parties' power to choose applicable law.
- Sec. 42a-1-302. Variation by agreement.
- Sec. 42a-1-303. Course of performance, course of dealing and usage of trade.
- Sec. 42a-1-304. Obligation of good faith.
- Sec. 42a-1-305. Remedies to be liberally administered.
- Sec. 42a-1-306. Waiver or renunciation of claim or right after breach.
- Sec. 42a-1-307. Prima facie evidence by third-party documents.
- Sec. 42a-1-308. Performance or acceptance under reservation of rights.
- Sec. 42a-1-309. Option to accelerate at will.
- Sec. 42a-1-310. Subordinated obligations.
- Secs. 42a-1-207 and 42a-1-208. Performance or acceptance under reservation of rights. Option to accelerate at will.
- <b>Article 2</b>
- Sec. 42a-2-101. Short title: Uniform Commercial Code-Sales.
- Sec. 42a-2-102. Scope; certain security and other transactions excluded from this article.
- Sec. 42a-2-103. Definitions and index of definitions.
- Sec. 42a-2-104. Definitions: "Merchant"; "between merchants"; "financing agency".
- Sec. 42a-2-105. Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit".
- Sec. 42a-2-106. Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "terminati
- Sec. 42a-2-107. Goods to be severed from realty; recording.
- Sec. 42a-2-201. Formal requirements; statute of frauds.
- Sec. 42a-2-202. Final written expression: Parol or extrinsic evidence.
- Sec. 42a-2-203. Seals inoperative.
- Sec. 42a-2-204. Formation in general.
- Sec. 42a-2-205. Firm offers.
- Sec. 42a-2-206. Offer and acceptance in formation of contract.
- Sec. 42a-2-207. Additional terms in acceptance or confirmation.
- Sec. 42a-2-208. Course of performance or practical construction.
- Sec. 42a-2-209. Modification, rescission and waiver.
- Sec. 42a-2-210. Delegation of performance; assignment of rights.
- Sec. 42a-2-301. General obligations of parties.
- Sec. 42a-2-302. Unconscionable contract or clause.
- Sec. 42a-2-303. Allocation or division of risks.
- Sec. 42a-2-304. Price payable in money, goods, realty, or otherwise.
- Sec. 42a-2-305. Open price term.
- Sec. 42a-2-306. Output, requirements and exclusive dealings.
- Sec. 42a-2-307. Delivery in single lot or several lots.
- Sec. 42a-2-308. Absence of specified place for delivery.
- Sec. 42a-2-309. Absence of specific time provisions; notice of termination .
- Sec. 42a-2-310. Open time for payment or running of credit; authority to ship under reservation.
- Sec. 42a-2-311. Options and cooperation respecting performance.
- Sec. 42a-2-312. Warranty of title and against infringement; buyer's obligation against infringement.
- Sec. 42a-2-313. Express warranties by affirmation, promise, description, sample.
- Sec. 42a-2-314. Implied warranty: merchantability; usage of trade.
- Sec. 42a-2-315. Implied warranty: fitness for particular purpose.
- Sec. 42a-2-316. Exclusion or modification of warranties.
- Sec. 42a-2-317. Cumulation and conflict of warranties express or implied.
- Sec. 42a-2-318. Third party beneficiaries of seller's warranties whether express or implied.
- Sec. 42a-2-319. F.O.B. and F.A.S. terms.
- Sec. 42a-2-320. C.I.F. and C. & F. terms.
- Sec. 42a-2-321. C.I.F. or C. & F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival.
- Sec. 42a-2-322. Delivery "ex-ship".
- Sec. 42a-2-323. Form of bill of lading required in overseas shipment; "overseas".
- Sec. 42a-2-324. "No arrival, no sale" term.
- Sec. 42a-2-325. "Letter of credit" term; "confirmed credit".
- Sec. 42a-2-326. Sale on approval and sale or return; rights of creditors.
- Sec. 42a-2-327. Special incidents of sale on approval and sale or return.
- Sec. 42a-2-328. Sale by auction.
- Sec. 42a-2-401. Passing of title; reservation for security; limited application of this section.
- Sec. 42a-2-402. Rights of seller's creditors against sold goods; right of certain buyers and lessors of goods to file under article 9.
- Sec. 42a-2-403. Power to transfer; good faith purchase of goods; "entrusting".
- Sec. 42a-2-501. Insurable interest in goods; manner of identification of goods.
- Sec. 42a-2-502. Buyer's right to goods on seller's repudiation, failure to deliver or insolvency.
- Sec. 42a-2-503. Manner of seller's tender of delivery.
- Sec. 42a-2-504. Shipment by seller.
- Sec. 42a-2-505. Seller's shipment under reservation.
- Sec. 42a-2-506. Rights of financing agency.
- Sec. 42a-2-507. Effect of seller's tender; delivery on condition.
- Sec. 42a-2-508. Cure by seller of improper tender or delivery; replacement.
- Sec. 42a-2-509. Risk of loss in the absence of breach.
- Sec. 42a-2-510. Effect of breach on risk of loss.
- Sec. 42a-2-511. Tender of payment by buyer; payment by check.
- Sec. 42a-2-512. Payment by buyer before inspection.
- Sec. 42a-2-513. Buyer's right to inspection of goods.
- Sec. 42a-2-514. When documents deliverable on acceptance; when on payment.
- Sec. 42a-2-515. Preserving evidence of goods in dispute.
- Sec. 42a-2-601. Buyer's rights on improper delivery.
- Sec. 42a-2-602. Manner and effect of rightful rejection.
- Sec. 42a-2-603. Merchant buyer's duties as to rightfully rejected goods.
- Sec. 42a-2-604. Buyer's options as to salvage of rightfully rejected goods when seller gives no instructions.
- Sec. 42a-2-605. Waiver of buyer's objections by failure to particularize.
- Sec. 42a-2-606. What constitutes acceptance of goods.
- Sec. 42a-2-607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
- Sec. 42a-2-608. Revocation of acceptance in whole or in part.
- Sec. 42a-2-609. Right to adequate assurance of performance.
- Sec. 42a-2-610. Anticipatory repudiation.
- Sec. 42a-2-611. Retraction of anticipatory repudiation.
- Sec. 42a-2-612. "Installment contract"; breach.
- Sec. 42a-2-613. Casualty to identified goods.
- Sec. 42a-2-614. Substituted performance.
- Sec. 42a-2-615. Excuse by failure of presupposed conditions.
- Sec. 42a-2-616. Procedure on notice claiming excuse.
- Sec. 42a-2-701. Remedies for breach of collateral contracts not impaired.
- Sec. 42a-2-702. Seller's remedies on discovery of buyer's insolvency.
- Sec. 42a-2-703. Seller's remedies in general.
- Sec. 42a-2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.
- Sec. 42a-2-705. Seller's stoppage of delivery in transit or otherwise.
- Sec. 42a-2-706. Seller's resale including contract for resale.
- Sec. 42a-2-707. "Person in the position of a seller".
- Sec. 42a-2-708. Seller's damages for nonacceptance or repudiation.
- Sec. 42a-2-709. Action for the price.
- Sec. 42a-2-710. Seller's incidental damages.
- Sec. 42a-2-711. Buyer's remedies in general; buyer's security interest in rejected goods.
- Sec. 42a-2-712. "Cover"; buyer's procurement of substitute goods.
- Sec. 42a-2-713. Buyer's damages for nondelivery or repudiation.
- Sec. 42a-2-714. Buyer's damages for breach in regard to accepted goods.
- Sec. 42a-2-715. Buyer's incidental and consequential damages.
- Sec. 42a-2-716. Buyer's right to specific performance or replevin.
- Sec. 42a-2-717. Deduction of damages from the price.
- Sec. 42a-2-718. Liquidation or limitation of damages; deposits.
- Sec. 42a-2-719. Contractual modification or limitation of remedy.
- Sec. 42a-2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach.
- Sec. 42a-2-721. Remedies for fraud.
- Sec. 42a-2-722. Who can sue third parties for injury to goods.
- Sec. 42a-2-723. Proof of market price; time and place.
- Sec. 42a-2-724. Admissibility of market quotations.
- Sec. 42a-2-725. Statute of limitations in contracts for sale.
- <b>Article 2A</b>
- Sec. 42a-2A-101. Short title: Uniform Commercial Code-Leases.
- Sec. 42a-2A-102. Definitions and index of definitions.
- Sec. 42a-2A-103. Scope.
- Sec. 42a-2A-104. Transactions subject to other law.
- Sec. 42a-2A-105. Territorial application of article to goods covered by certificate of title.
- Sec. 42a-2A-106. Limitation on power of parties to consumer lease to choose applicable law or judicial forum.
- Sec. 42a-2A-107. Unconscionability.
- Sec. 42a-2A-108. Option to accelerate at will.
- Sec. 42a-2A-109. Effect of agreement; questions determined by court.
- Sec. 42a-2A-201. Formal requirements.
- Sec. 42a-2A-202. Parol or extrinsic evidence.
- Sec. 42a-2A-203. Formation in general.
- Sec. 42a-2A-204. Firm offers.
- Sec. 42a-2A-205. Offer and acceptance.
- Sec. 42a-2A-206. Electronic contracting; formation.
- Sec. 42a-2A-207. Legal recognition of electronic records and authentications.
- Sec. 42a-2A-208. Attribution.
- Sec. 42a-2A-209. Contract formation; electronic record.
- Sec. 42a-2A-210. Contract formation; electronic agents.
- Sec. 42a-2A-301. Course of performance or practical construction.
- Sec. 42a-2A-302. Modification, rescission and waiver.
- Sec. 42a-2A-303. Lessee under finance lease as beneficiary of supply contract.
- Sec. 42a-2A-304. Identification.
- Sec. 42a-2A-305. Insurance and proceeds.
- Sec. 42a-2A-306. Risk of loss.
- Sec. 42a-2A-307. Casualty to identified goods.
- Sec. 42a-2A-308. Termination; survival of obligations.
- Sec. 42a-2A-401. Enforceability of lease contract.
- Sec. 42a-2A-402. Title to and possession of goods.
- Sec. 42a-2A-403. Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
- Sec. 42a-2A-404. Subsequent lease of goods by lessor.
- Sec. 42a-2A-405. Sale or sublease of goods by lessee.
- Sec. 42a-2A-406. Priority of certain liens arising by operation of law.
- Sec. 42a-2A-407. Priority of liens arising by attachment or levy on goods.
- Sec. 42a-2A-408. Special rights of creditors.
- Sec. 42a-2A-409. Rights of lessor and lessee when goods become fixures.
- Sec. 42a-2A-410. Lessor's and lessee's rights when goods become accessions.
- Sec. 42a-2A-411. Priority subject to subordination.
- Sec. 42a-2A-501. Definitions.
- Sec. 42a-2A-502. Warranty against interference and against infringement; lessee's obligation against infringement.
- Sec. 42a-2A-503. Express warranties to lessee.
- Sec. 42a-2A-504. Implied warranty of merchantability.
- Sec. 42a-2A-505. Implied warranty of fitness for particular purpose.
- Sec. 42a-2A-506. Disclaimer or modification of warranty.
- Sec. 42a-2A-507. Cumulation and conflict of warranties.
- Sec. 42a-2A-508. Extension of express or implied warranty.
- Sec. 42a-2A-601. Right to adequate assurance of performance.
- Sec. 42a-2A-602. Anticipatory repudiation.
- Sec. 42a-2A-603. Retraction of anticipatory repudiation.
- Sec. 42a-2A-604. Substituted performance.
- Sec. 42a-2A-605. Excuse by failure of presupposed conditions.
- Sec. 42a-2A-606. Procedure on notice claiming excuse.
- Sec. 42a-2A-607. Irrevocable promises: Finance leases.
- Sec. 42a-2A-701. Subject to general limitations.
- Sec. 42a-2A-702. Default: Procedure.
- Sec. 42a-2A-703. Notice after default.
- Sec. 42a-2A-704. Remedies in general.
- Sec. 42a-2A-705. Measurement of damages in general.
- Sec. 42a-2A-706. Incidental damages.
- Sec. 42a-2A-707. Consequential damages.
- Sec. 42a-2A-708. Specific performance.
- Sec. 42a-2A-709. Cancellation; effect.
- Sec. 42a-2A-710. Liquidation of damages; deposits.
- Sec. 42a-2A-711. Contractual modification of remedy.
- Sec. 42a-2A-712. Remedies for misrepresentation or fraud.
- Sec. 42a-2A-713. Proof of market rent.
- Sec. 42a-2A-714. Liability of third parties for injury to goods.
- Sec. 42a-2A-715. Statute of limitations.
- Sec. 42a-2A-716. Lessor's remedies in general.
- Sec. 42a-2A-717. Lessor's right to possession of goods.
- Sec. 42a-2A-718. Lessor's right to identify goods to lease contract despite default or to salvage unfinished goods.
- Sec. 42a-2A-719. Lessor's refusal to deliver because of lessee's insolvency; stoppage in transit or otherwise.
- Sec. 42a-2A-720. Lessor's rights to dispose of goods.
- Sec. 42a-2A-721. Lessor's damages for nonacceptance, failure to pay or repudiation.
- Sec. 42a-2A-722. Lessor's action for the rent.
- Sec. 42a-2A-723. Lessor's rights to residual interest.
- Sec. 42a-2A-724. Lessee's remedies in general; lessee's security interest in rejected goods.
- Sec. 42a-2A-725. Lessee's rights on nonconforming delivery; rightful rejection.
- Sec. 42a-2A-726. Installment lease contract: Default.
- Sec. 42a-2A-727. Merchant lessee's duties; lessee's options as to salvage.
- Sec. 42a-2A-728. Lessee's duties as to rightfully rejected goods.
- Sec. 42a-2A-729. Cure.
- Sec. 42a-2A-730. What constitutes acceptance of goods.
- Sec. 42a-2A-731. Waiver of default; particularization of nonconformity.
- Sec. 42a-2A-732. Effect of acceptance; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
- Sec. 42a-2A-733. Revocation of acceptance of goods.
- Sec. 42a-2A-734. Cover; lessee's acquisition of substitute goods.
- Sec. 42a-2A-735. Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods.
- Sec. 42a-2A-736. Lessee's damages for default regarding accepted goods.
- Sec. 42a-2A-737. Prepaying lessee's right to goods.
- <b>Article 3</b>
- Sec. 42a-3-101. Short title: Uniform Commercial Code-Negotiable Instruments.
- Sec. 42a-3-102. Subject matter.
- Sec. 42a-3-103. Definitions.
- Sec. 42a-3-104. Negotiable instrument.
- Sec. 42a-3-105. Issue of instrument.
- Sec. 42a-3-106. Unconditional promise or order.
- Sec. 42a-3-107. Instrument payable in foreign money.
- Sec. 42a-3-108. Payable on demand or at definite time.
- Sec. 42a-3-109. Payable to bearer or to order.
- Sec. 42a-3-110. Identification of person to whom instrument is payable.
- Sec. 42a-3-111. Place of payment.
- Sec. 42a-3-112. Interest.
- Sec. 42a-3-113. Date of instrument.
- Sec. 42a-3-114. Contradictory terms of instrument.
- Sec. 42a-3-115. Incomplete instrument.
- Sec. 42a-3-116. Joint and several liability. Contribution.
- Sec. 42a-3-117. Other agreements affecting instrument.
- Sec. 42a-3-118. Statute of limitations.
- Sec. 42a-3-119. Notice of right to defend action.
- Sec. 42a-3-201. Negotiation.
- Sec. 42a-3-202. Negotiation subject to rescission.
- Sec. 42a-3-203. Transfer of an instrument. Rights acquired by transfer.
- Sec. 42a-3-204. Endorsement.
- Sec. 42a-3-205. Special endorsement. Blank endorsement. Anomalous endorsement.
- Sec. 42a-3-206. Restrictive endorsement.
- Sec. 42a-3-207. Reacquisition.
- Sec. 42a-3-208. Reacquisition.
- Sec. 42a-3-301. Person entitled to enforce instrument.
- Sec. 42a-3-302. Holder in due course.
- Sec. 42a-3-303. Value and consideration.
- Sec. 42a-3-304. Overdue instrument.
- Sec. 42a-3-305. Defenses and claims in recoupment.
- Sec. 42a-3-306. Claims to an instrument.
- Sec. 42a-3-307. Notice of breach of fiduciary duty.
- Sec. 42a-3-308. Proof of signatures and status as holder in due course.
- Sec. 42a-3-309. Enforcement of lost, destroyed or stolen instrument.
- Sec. 42a-3-310. Effect of instrument on obligation for which taken.
- Sec. 42a-3-311. Accord and satisfaction by use of instrument.
- Sec. 42a-3-312. Enforcement of lost, destroyed or stolen cashier's checks, teller's checks or certified checks.
- Sec. 42a-3-401. Signature.
- Sec. 42a-3-402. Signature by representative.
- Sec. 42a-3-403. Unauthorized signature.
- Sec. 42a-3-404. Impostors. Fictitious payees.
- Sec. 42a-3-405. Employer's responsibility for fraudulent endorsement by employee.
- Sec. 42a-3-406. Negligence contributing to forged signature or alteration of instrument.
- Sec. 42a-3-407. Alteration.
- Sec. 42a-3-408. Drawee not liable on unaccepted draft.
- Sec. 42a-3-409. Acceptance of draft. Certified check.
- Sec. 42a-3-410. Acceptance varying draft.
- Sec. 42a-3-411. Refusal to pay cashier's checks, teller's checks and certified checks.
- Sec. 42a-3-412. Obligation of issuer of note or cashier's check.
- Sec. 42a-3-413. Obligation of acceptor.
- Sec. 42a-3-414. Obligation of drawer.
- Sec. 42a-3-415. Obligation of endorser.
- Sec. 42a-3-416. Transfer warranties.
- Sec. 42a-3-417. Presentment warranties.
- Sec. 42a-3-418. Payment or acceptance by mistake.
- Sec. 42a-3-419. Instruments signed for accommodation.
- Sec. 42a-3-420. Conversion of instrument.
- Sec. 42a-3-501. Presentment.
- Sec. 42a-3-502. Dishonor.
- Sec. 42a-3-503. Notice of dishonor.
- Sec. 42a-3-504. Excused presentment and notice of dishonor.
- Sec. 42a-3-505. Evidence of dishonor.
- Sec. 42a-3-601. Discharge and effect of discharge.
- Sec. 42a-3-602. Payment.
- Sec. 42a-3-603. Tender of payment.
- Sec. 42a-3-604. Discharge by cancellation or renunciation.
- Sec. 42a-3-605. Discharge of endorsers and accommodation parties.
- Sec. 42a-3-606. Impairment of recourse or of collateral.
- Sec. 42a-3-701. Letter of advice of international sight draft.
- Secs. 42a-3-120 to 42a-3-122. Instruments "payable through" bank. Instruments payable at bank. Accrual of cause of action.
- Secs. 42a-3-506 to 42a-3-511. Time allowed for acceptance or payment. Dishonor; holder's right of recourse; term allowing representment. Notice of dishonor. Protest; noting for protest. Evidence o
- Secs. 42a-3-801 to 42a-3-805. Drafts in a set. Effect of instrument on obligation for which it is given. Notice to third party. Lost, destroyed or stolen instruments. Instruments not payable to order
- <b>Article 4</b>
- Sec. 42a-4-101. Short title: Uniform Commercial Code-Bank Deposits and Collections.
- Sec. 42a-4-102. Applicability.
- Sec. 42a-4-103. Variation by agreement. Measure of damages. Action constituting ordinary care.
- Sec. 42a-4-104. Definitions and index of definitions.
- Sec. 42a-4-105. "Bank". "Depositary bank". "Payor bank". "Intermediary bank". "Collecting bank". "Presenting bank".
- Sec. 42a-4-106. Payable through or payable at bank. Collecting bank.
- Sec. 42a-4-107. Separate office of bank.
- Sec. 42a-4-108. Time of receipt of items.
- Sec. 42a-4-109. Delays.
- Sec. 42a-4-110. Electronic presentment.
- Sec. 42a-4-111. Statute of limitations.
- Sec. 42a-4-201. Status of collecting bank as agent and provisional status of credits. Applicability of article. Item endorsed "pay any bank".
- Sec. 42a-4-202. Responsibility for collection or return. When action timely.
- Sec. 42a-4-203. Effect of instructions.
- Sec. 42a-4-204. Methods of sending and presenting. Sending directly to payor bank.
- Sec. 42a-4-205. Depositary bank holder of unendorsed item.
- Sec. 42a-4-206. Transfer between banks.
- Sec. 42a-4-207. Transfer warranties.
- Sec. 42a-4-208. Presentment warranties.
- Sec. 42a-4-209. Encoding and retention warranties.
- Sec. 42a-4-210. Security interest of collecting bank in items, accompanying documents and proceeds.
- Sec. 42a-4-211. When bank gives value for purposes of holder in due course.
- Sec. 42a-4-212. Presentment by notice of item not payable by, through or at bank. Liability of drawer or endorser.
- Sec. 42a-4-213. Medium and time of settlement by bank.
- Sec. 42a-4-214. Right of charge-back or refund. Liability of collecting bank. Return of item.
- Sec. 42a-4-215. Final payment of item by payor bank. When provisional debits and credits become final. When certain credits become available for withdrawal.
- Sec. 42a-4-216. Insolvency and preference.
- Sec. 42a-4-301. Deferred posting. Recovery of payment by return of items. Time of dishonor. Return of items by payor bank.
- Sec. 42a-4-302. Payor bank's responsibility for late return of item.
- Sec. 42a-4-303. When items subject to notice, stop-payment order, legal process or set-off. Order in which items may be charged or certified.
- Sec. 42a-4-401. When bank may charge customer's account.
- Sec. 42a-4-402. Bank's liability to customer for wrongful dishonor. Time of determining insufficiency of account.
- Sec. 42a-4-403. Customer's right to stop payment. Burden of proof of loss.
- Sec. 42a-4-404. Bank not obligated to pay check more than six months old.
- Sec. 42a-4-405. Death or incompetence of customer.
- Sec. 42a-4-406. Customer's duty to discover and report unauthorized signature or alteration.
- Sec. 42a-4-407. Payor bank's right to subrogation on improper payment.
- Sec. 42a-4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- Sec. 42a-4-502. Presentment of "on arrival" drafts.
- Sec. 42a-4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- Sec. 42a-4-504. Privilege of presenting bank to deal with goods; security interest for expenses.
- <b>Article 4A</b>
- Sec. 42a-4A-101. Short title: Uniform Commercial Code-Funds Transfers.
- Sec. 42a-4A-102. Subject matter.
- Sec. 42a-4A-103. Payment order; definitions.
- Sec. 42a-4A-104. Funds transfer; definitions.
- Sec. 42a-4A-105. Other definitions.
- Sec. 42a-4A-106. Time payment order is received.
- Sec. 42a-4A-107. Federal reserve regulations and operating circulars.
- Sec. 42a-4A-108. Exclusion of consumer transactions governed by federal law.
- Sec. 42a-4A-201. Security procedure.
- Sec. 42a-4A-202. Authorized and verified payment orders.
- Sec. 42a-4A-203. Unenforceability of certain verified payment orders.
- Sec. 42a-4A-204. Refund of payment and duty of customer to report with respect to unauthorized payment order.
- Sec. 42a-4A-205. Erroneous payment orders.
- Sec. 42a-4A-206. Transmission of payment order through funds-transfer or other communication system.
- Sec. 42a-4A-207. Misdescription of beneficiary.
- Sec. 42a-4A-208. Misdescription of intermediary bank or beneficiary's bank.
- Sec. 42a-4A-209. Acceptance of payment order.
- Sec. 42a-4A-210. Rejection of payment order.
- Sec. 42a-4A-211. Cancellation and amendment of payment order.
- Sec. 42a-4A-212. Liability and duty of receiving bank regarding unaccepted payment order.
- Sec. 42a-4A-301. Execution and execution date.
- Sec. 42a-4A-302. Obligations of receiving bank in execution of payment order.
- Sec. 42a-4A-303. Erroneous execution of payment order.
- Sec. 42a-4A-304. Duty of sender to report erroneously executed payment order.
- Sec. 42a-4A-305. Liability for late or improper execution or failure to execute payment order.
- Sec. 42a-4A-401. Payment date.
- Sec. 42a-4A-402. Obligation of sender to pay receiving bank.
- Sec. 42a-4A-403. Payment by sender to receiving bank.
- Sec. 42a-4A-404. Obligation of beneficiary's bank to pay and give notice to beneficiary.
- Sec. 42a-4A-405. Payment by beneficiary's bank to beneficiary.
- Sec. 42a-4A-406. Payment by originator to beneficiary; discharge of underlying obligation.
- Sec. 42a-4A-501. Variation by agreement and effect of funds-transfer system rule.
- Sec. 42a-4A-502. Creditor process served on receiving bank; set-off by beneficiary's bank.
- Sec. 42a-4A-503. Injunction or restraining order with respect to funds transfer.
- Sec. 42a-4A-504. Order in which items and payment orders may be charged to account; order of withdrawals from account.
- Sec. 42a-4A-505. Preclusion of objection to debit of customer's account.
- Sec. 42a-4A-506. Rate of interest.
- Sec. 42a-4A-507. Choice of law.
- <b>Article 5</b>
- Sec. 42a-5-101. Short title: Uniform Commercial Code-Letters of Credit.
- Sec. 42a-5-102. Definitions.
- Sec. 42a-5-103. Scope.
- Sec. 42a-5-104. Formal requirements.
- Sec. 42a-5-105. Consideration.
- Sec. 42a-5-106. Issuance, amendment, cancellation and duration.
- Sec. 42a-5-107. Confirmer, nominated person and adviser.
- Sec. 42a-5-108. Issuer's rights and obligations.
- Sec. 42a-5-109. Fraud and forgery.
- Sec. 42a-5-110. Warranties.
- Sec. 42a-5-111. Remedies.
- Sec. 42a-5-112. Transfer of letter of credit.
- Sec. 42a-5-113. Transfer by operation of law.
- Sec. 42a-5-114. Assignment of proceeds.
- Sec. 42a-5-115. Statute of limitations.
- Sec. 42a-5-116. Choice of law and forum.
- Sec. 42a-5-117. Subrogation of issuer, applicant and nominated person.
- Sec. 42a-5-118. Security interest of issuer or nominated person.
- Sec. 42a-5-118a. Applicability.
- Sec. 42a-5-119. Savings clause.
- <b>Article 6</b>
- <b>Article 7</b>
- Sec. 42a-7-101. Short title: Uniform Commercial Code-Documents of Title.
- Sec. 42a-7-102. Definitions and index of definitions.
- Sec. 42a-7-103. Relation of article to treaty or statute.
- Sec. 42a-7-104. Negotiable and nonnegotiable document of title.
- Sec. 42a-7-105. Reissuance in alternative medium.
- Sec. 42a-7-106. Control of electronic document of title.
- Sec. 42a-7-201. Person that may issue a warehouse receipt; storage under bond.
- Sec. 42a-7-202. Form of warehouse receipt; effect of omission.
- Sec. 42a-7-203. Liability for nonreceipt or misdescription.
- Sec. 42a-7-204. Duty of care; contractual limitation of warehouse's liability.
- Sec. 42a-7-205. Title under warehouse receipt defeated in certain cases.
- Sec. 42a-7-206. Termination of storage at warehouse's option.
- Sec. 42a-7-207. Goods must be kept separate; fungible goods.
- Sec. 42a-7-208. Altered warehouse receipts.
- Sec. 42a-7-209. Lien of warehouse.
- Sec. 42a-7-210. Enforcement of warehouse's lien.
- Sec. 42a-7-301. Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load and count"; improper handling.
- Sec. 42a-7-302. Through bills of lading and similar documents of title.
- Sec. 42a-7-303. Diversion; reconsignment; change of instructions.
- Sec. 42a-7-304. Tangible bills of lading in a set.
- Sec. 42a-7-305. Destination bills.
- Sec. 42a-7-306. Altered bills of lading.
- Sec. 42a-7-307. Lien of carrier.
- Sec. 42a-7-308. Enforcement of carrier's lien.
- Sec. 42a-7-309. Duty of care; contractual limitation of carrier's liability.
- Sec. 42a-7-401. Irregularities in issue of receipt or bill or conduct of issuer.
- Sec. 42a-7-402. Duplicate document of title; overissue.
- Sec. 42a-7-403. Obligation of bailee to deliver; excuse.
- Sec. 42a-7-404. No liability for good faith delivery pursuant to document of title.
- Sec. 42a-7-501. Form of negotiation and requirements of due negotiation.
- Sec. 42a-7-502. Rights acquired by due negotiation.
- Sec. 42a-7-503. Document of title to goods defeated in certain cases.
- Sec. 42a-7-504. Rights acquired in the absence of due negotiation; effect of diversion; stoppage of delivery.
- Sec. 42a-7-505. Endorser not guarantor for other parties.
- Sec. 42a-7-506. Delivery without endorsement: Right to compel endorsement.
- Sec. 42a-7-507. Warranties on negotiation or delivery of document of title.
- Sec. 42a-7-508. Warranties of collecting bank as to documents of title.
- Sec. 42a-7-509. Adequate compliance with commercial contract.
- Sec. 42a-7-601. Lost, stolen or destroyed documents of title.
- Sec. 42a-7-602. Judicial process against goods covered by negotiable document of title.
- Sec. 42a-7-603. Conflicting claims; interpleader.
- Sec. 42a-7-703. Applicability.
- Sec. 42a-7-704. Savings clause.
- Secs. 42a-7-701 and 42a-7-702.
- <b>Article 8</b>
- Sec. 42a-8-101. Short title: Uniform Commercial Code-Investment Securities.
- Sec. 42a-8-102. Definitions.
- Sec. 42a-8-103. Rules for determining whether certain obligations and interests are securities or financial assets.
- Sec. 42a-8-104. Acquisition of security or financial asset or interest therein.
- Sec. 42a-8-105. Notice of adverse claim.
- Sec. 42a-8-106. Control.
- Sec. 42a-8-107. Whether endorsement, instruction or entitlement order is effective.
- Sec. 42a-8-108. Warranties in direct holding.
- Sec. 42a-8-109. Warranties in indirect holding.
- Sec. 42a-8-110. Applicability; choice of law.
- Sec. 42a-8-111. Clearing corporation rules.
- Sec. 42a-8-112. Creditor's legal process.
- Sec. 42a-8-113. Statute of frauds inapplicable.
- Sec. 42a-8-114. Evidentiary rules concerning certificated securities.
- Sec. 42a-8-115. Securities intermediary and others not liable to adverse claimant.
- Sec. 42a-8-116. Securities intermediary as purchaser.
- Sec. 42a-8-201. Issuer.
- Sec. 42a-8-202. Issuer's responsibility and defenses; notice of defect or defense.
- Sec. 42a-8-203. Staleness as notice of defect or defense.
- Sec. 42a-8-204. Effect of issuer's restriction on transfer.
- Sec. 42a-8-205. Effect of unauthorized signature on security certificate.
- Sec. 42a-8-206. Completion or alteration of security certificate.
- Sec. 42a-8-207. Rights and duties of issuer with respect to registered owners.
- Sec. 42a-8-208. Effect of signature of authenticating trustee, registrar or transfer agent.
- Sec. 42a-8-209. Issuer's lien.
- Sec. 42a-8-210. Overissue.
- Sec. 42a-8-301. Delivery.
- Sec. 42a-8-302. Rights of purchaser.
- Sec. 42a-8-303. Protected purchaser.
- Sec. 42a-8-304. Endorsement.
- Sec. 42a-8-305. Instruction.
- Sec. 42a-8-306. Effect of guaranteeing signature, endorsement or instruction.
- Sec. 42a-8-307. Purchaser's right to requisites for registration of transfer.
- Sec. 42a-8-401. Duty of issuer to register transfer.
- Sec. 42a-8-402. Assurance that endorsement or instruction is effective.
- Sec. 42a-8-403. Demand that issuer not register transfer.
- Sec. 42a-8-404. Wrongful registration.
- Sec. 42a-8-405. Replacement of lost, destroyed or wrongfully taken security certificate.
- Sec. 42a-8-406. Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.
- Sec. 42a-8-407. Authenticating trustee, transfer agent and registrar.
- Sec. 42a-8-408. Statement of uncertificated securities.
- Sec. 42a-8-501. Securities account; acquisition of security entitlement from securities intermediary.
- Sec. 42a-8-502. Assertion of adverse claim against entitlement holder.
- Sec. 42a-8-503. Property interest of entitlement holder in financial asset held by securities intermediary.
- Sec. 42a-8-504. Duty of securities intermediary to maintain financial asset.
- Sec. 42a-8-505. Duty of securities intermediary with respect to payments and distributions.
- Sec. 42a-8-506. Duty of securities intermediary to exercise rights as directed by entitlement holder.
- Sec. 42a-8-507. Duty of securities intermediary to comply with entitlement order.
- Sec. 42a-8-508. Duty of securities intermediary to change entitlement holder's position to other form of security holding.
- Sec. 42a-8-509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement hold
- Sec. 42a-8-510. Rights of purchaser of security entitlement from entitlement holder.
- Sec. 42a-8-511. Priority among security interests and entitlement holders.
- Sec. 42a-8-601. Savings clause.
- Secs. 42a-8-308 to 42a-8-321. Endorsements; instructions. Effect of endorsement without delivery. Endorsement of certificated security in bearer form. Effect of unauthorized endorsement or instruction
- <b>Article 9</b>
- Sec. 42a-9-101. Short title.
- Sec. 42a-9-102. Definitions and index of definitions.
- Sec. 42a-9-103. Accounts, contract rights, general intangibles and equipment relating to another jurisdiction; incoming goods already subject to security interest.
- Sec. 42a-9-103a. Purchase-money security interest.
- Sec. 42a-9-104. Control of deposit account.
- Sec. 42a-9-105. Control of electronic chattel paper.
- Sec. 42a-9-106. Control of investment property.
- Sec. 42a-9-107. Control of letter-of-credit right.
- Sec. 42a-9-108. Sufficiency of description.
- Sec. 42a-9-109. Scope.
- Sec. 42a-9-110. Security interests arising under article 2 or 2A.
- Sec. 42a-9-111. Applicability of bulk transfer laws.
- Sec. 42a-9-201. General effectiveness of security agreement.
- Sec. 42a-9-202. Title to collateral immaterial.
- Sec. 42a-9-203. Attachment and enforceability of security interest. Proceeds. Supporting obligations. Formal requisites.
- Sec. 42a-9-204. After-acquired property. Future advances.
- Sec. 42a-9-205. Use or disposition of collateral permissible.
- Sec. 42a-9-206. Security interest arising in purchase or delivery of financial asset.
- Sec. 42a-9-206a. Effectiveness of security agreement in household furniture.
- Sec. 42a-9-207. Rights and duties of secured party having possession or control of collateral.
- Sec. 42a-9-208. Additional duties of secured party having control of collateral.
- Sec. 42a-9-209. Duties of secured party if account debtor has been notified of assignment.
- Sec. 42a-9-210. Request for accounting. Request regarding list of collateral or statement of account.
- Sec. 42a-9-301. Law governing perfection and priority of security interests.
- Sec. 42a-9-302. Law governing perfection and priority of agricultural liens.
- Sec. 42a-9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.
- Sec. 42a-9-304. Law governing perfection and priority of security interests in deposit accounts.
- Sec. 42a-9-305. Law governing perfection and priority of security interests in investment property.
- Sec. 42a-9-306. Law governing perfection and priority of security interests in letter-of-credit rights.
- Sec. 42a-9-307. Location of debtor.
- Sec. 42a-9-308. When security interest or agricultural lien is perfected. Continuity of perfection.
- Sec. 42a-9-309. Security interest perfected upon attachment.
- Sec. 42a-9-310. When filing required to perfect security interest or agricultural lien. Security interests and agricultural liens. Security interests and agricultural liens to which filing provisions
- Sec. 42a-9-311. Perfection of security interests in property subject to certain statutes, regulations and treaties.
- Sec. 42a-9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money. Perfect
- Sec. 42a-9-313. When possession by or delivery to secured party perfects security interest without filing.
- Sec. 42a-9-314. Perfection by control.
- Sec. 42a-9-315. Secured party's rights on disposition of collateral and in proceeds.
- Sec. 42a-9-316. Continued perfection of security interest following change in governing law.
- Sec. 42a-9-317. Interests that take priority over or take free of security interest or agricultural lien.
- Sec. 42a-9-318. No interest retained in right to payment that is sold. Rights and title of seller of account or chattel paper with respect to creditors and purchasers.
- Sec. 42a-9-319. Rights and title of consignee with respect to creditors and purchasers.
- Sec. 42a-9-320. Buyer of goods.
- Sec. 42a-9-321. Licensee of general intangible and lessee of goods in ordinary course of business.
- Sec. 42a-9-322. Priorities among conflicting security interests in and agricultural liens on same collateral.
- Sec. 42a-9-323. Future advances.
- Sec. 42a-9-324. Priority of purchase-money security interests.
- Sec. 42a-9-325. Priority of security interests in transferred collateral.
- Sec. 42a-9-326. Priority of security interests created by new debtor.
- Sec. 42a-9-327. Priority of security interests in deposit account.
- Sec. 42a-9-328. Priority of security interests in investment property.
- Sec. 42a-9-329. Priority of security interests in letter-of-credit right.
- Sec. 42a-9-330. Priority of purchaser of chattel paper or instrument.
- Sec. 42a-9-331. Priority of rights of purchasers of instruments, documents and securities under other articles. Priority of interests in financial assets and security entitlements under article 8.
- Sec. 42a-9-332. Transfer of money. Transfer of funds from deposit account.
- Sec. 42a-9-333. Priority of certain liens arising by operation of law.
- Sec. 42a-9-334. Priority of security interests in fixtures and crops.
- Sec. 42a-9-335. Accessions.
- Sec. 42a-9-336. Commingled goods.
- Sec. 42a-9-337. Priority of security interests in goods covered by certificate of title.
- Sec. 42a-9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
- Sec. 42a-9-339. Priority subject to subordination.
- Sec. 42a-9-340. Effectiveness of right of recoupment or set-off against deposit account.
- Sec. 42a-9-341. Bank's rights and duties with respect to deposit account.
- Sec. 42a-9-342. Bank's right to refuse to enter into or disclose existence of control agreement.
- Sec. 42a-9-401. Alienability of debtor's rights.
- Sec. 42a-9-402. Secured party not obligated on contract of debtor or in tort.
- Sec. 42a-9-403. Agreement not to assert defenses against assignee.
- Sec. 42a-9-404. Rights acquired by assignee. Claims and defenses against assignee.
- Sec. 42a-9-405. Modification of assigned contract.
- Sec. 42a-9-406. Discharge of account debtor. Notification of assignment. Identification and proof of assignment. Restrictions on assignment of accounts, chattel paper, payment intangibles and promisso
- Sec. 42a-9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
- Sec. 42a-9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables and certain general intangibles ineffective.
- Sec. 42a-9-408a. Financing statements covering consigned or leased goods.
- Sec. 42a-9-409. Restrictions on assignment of letter-of-credit rights ineffective.
- Sec. 42a-9-501. Filing office.
- Sec. 42a-9-502. Contents of financing statement. Record of mortgage as financing statement. Time of filing financing statement.
- Sec. 42a-9-503. Name of debtor and secured party.
- Sec. 42a-9-504. Indication of collateral.
- Sec. 42a-9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions.
- Sec. 42a-9-506. Effect of errors or omissions.
- Sec. 42a-9-507. Effect of certain events on effectiveness of financing statement.
- Sec. 42a-9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.
- Sec. 42a-9-509. Persons entitled to file a record.
- Sec. 42a-9-510. Effectiveness of filed record.
- Sec. 42a-9-511. Secured party of record.
- Sec. 42a-9-512. Amendment of financing statement.
- Sec. 42a-9-513. Termination statement.
- Sec. 42a-9-514. Assignment of powers of secured party of record.
- Sec. 42a-9-515. Duration and effectiveness of financing statement. Effect of lapsed financing statement.
- Sec. 42a-9-516. What constitutes filing. Effectiveness of filing.
- Sec. 42a-9-517. Effect of indexing errors.
- Sec. 42a-9-518. Claim concerning inaccurate or wrongfully filed record.
- Sec. 42a-9-519. Numbering, maintaining and indexing records. Communicating information provided in records.
- Sec. 42a-9-520. Acceptance and refusal to accept record.
- Sec. 42a-9-521. Refusal to accept financing statement, amendment or other written record in prescribed form prohibited. Exception.
- Sec. 42a-9-522. Maintenance and destruction of records.
- Sec. 42a-9-523. Information from filing office. Sale or license of records.
- Sec. 42a-9-524. Delay by filing office.
- Sec. 42a-9-525. Fees.
- Sec. 42a-9-526. Filing-office regulations.
- Sec. 42a-9-601. Rights after default. Judicial enforcement. Consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.
- Sec. 42a-9-602. Waiver and variance of rights and duties.
- Sec. 42a-9-603. Agreement on standards concerning rights and duties.
- Sec. 42a-9-604. Procedure if security agreement covers real property or fixtures.
- Sec. 42a-9-605. Unknown debtor or secondary obligor.
- Sec. 42a-9-606. Time of default for agricultural lien.
- Sec. 42a-9-607. Collection and enforcement by secured party.
- Sec. 42a-9-608. Application of proceeds of collection or enforcement. Liability for deficiency and right to surplus.
- Sec. 42a-9-609. Secured party's right to take possession after default. Use of electronic self-help restricted.
- Sec. 42a-9-610. Disposition of collateral after default.
- Sec. 42a-9-611. Notification before disposition of collateral.
- Sec. 42a-9-612. Timeliness of notification before disposition of collateral.
- Sec. 42a-9-613. Contents and form of notification before disposition of collateral: General.
- Sec. 42a-9-614. Contents and form of notification before disposition of collateral: Consumer-goods transaction.
- Sec. 42a-9-615. Application of proceeds of disposition. Liability for deficiency and right to surplus.
- Sec. 42a-9-616. Explanation of calculation of surplus or deficiency.
- Sec. 42a-9-617. Rights of transferee of collateral.
- Sec. 42a-9-618. Rights and duties of certain secondary obligors.
- Sec. 42a-9-619. Transfer of record or legal title.
- Sec. 42a-9-620. Acceptance of collateral in full or partial satisfaction of obligation. Compulsory disposition of collateral.
- Sec. 42a-9-621. Notification of proposal to accept collateral.
- Sec. 42a-9-622. Effect of acceptance of collateral.
- Sec. 42a-9-623. Right to redeem collateral.
- Sec. 42a-9-624. Waiver.
- Sec. 42a-9-625. Remedies for secured party's failure to comply with this article.
- Sec. 42a-9-626. Action in which deficiency or surplus is in issue.
- Sec. 42a-9-627. Determination of whether conduct was commercially reasonable.
- Sec. 42a-9-628. Nonliability and limitation on liability of secured party. Liability of secondary obligor.
- Sec. 42a-9-701. Reserved.
- Sec. 42a-9-702. Savings clause.
- Sec. 42a-9-703. Security interest perfected before October 1, 2001.
- Sec. 42a-9-704. Security interest unperfected before October 1, 2001.
- Sec. 42a-9-705. Effectiveness of action taken before October 1, 2001.
- Sec. 42a-9-706. When initial financing statement suffices to continue effectiveness of financing statement.
- Sec. 42a-9-707. Amendment of pre-effective-date financing statement.
- Sec. 42a-9-708. Persons entitled to file initial financing statement or continuation statement.
- Sec. 42a-9-709. Priority.
- Secs. 42a-9-112 to 42a-9-116. Where collateral is not owned by debtor. Security interests arising under article 2 on sales. Consignment. Investment property. Security interest arising in purchase or d
- <b>Article 10</b>
- Sec. 42a-10-101. Effective date.
- Sec. 42a-10-102. Provision for transition.
- Sec. 42a-10-104. Laws not repealed.
- Sec. 42a-10-105. Transition. Change of filing requirement.
- Sec. 42a-10-106. Transition on change of place on filing.
- Sec. 42a-10-107. Required refiling.
- Sec. 42a-10-108. Transition as to priorities.
- Sec. 42a-10-109. Provisions of this title declaratory of meaning prior to October 1, 1976.