TITLE 11: UNIFORM COMMERCIAL CODE
- Article 1-A: GENERAL PROVISIONS
- 11 §1-1101. Short titles
- 11 §1-1102. Scope of article
- 11 §1-1103. Construction of Uniform Commercial Code to promote its purposes and policies; applicability of supplemental principles of law
- 11 §1-1104. Construction against implied repeal
- 11 §1-1105. Severability
- 11 §1-1106. Use of singular and plural; gender
- 11 §1-1107. Section captions
- 11 §1-1108. Relation to electronic signatures in Electronic Signatures in Global and National Commerce Act
- 11 §1-1201. General definitions
- 11 §1-1202. Notice; knowledge
- 11 §1-1203. Lease distinguished from security interest
- 11 §1-1204. Value
- 11 §1-1205. Reasonable time; seasonableness
- 11 §1-1206. Presumptions
- 11 §1-1301. Territorial applicability; parties’ power to choose applicable law
- 11 §1-1302. Variation by agreement
- 11 §1-1303. Course of performance, course of dealing and usage of trade
- 11 §1-1304. Obligation of good faith
- 11 §1-1305. Remedies to be liberally administered
- 11 §1-1306. Waiver or renunciation of claim or right after breach
- 11 §1-1307. Prima facie evidence by 3rd-party documents
- 11 §1-1308. Performance or acceptance under reservation of rights
- 11 §1-1309. Option to accelerate at will
- 11 §1-1310. Subordinated obligations
- Article 10: TRANSITION PROVISIONS
- 11 §10-101. Definitions; retroactivity
- 11 §10-102. Preservation of old transition provision
- 11 §10-103. Transition to the new code; general rule
- 11 §10-104. Transition provision on change of requirement of filing
- 11 §10-105. Transition provision on change of place of filing
- 11 §10-106. Required refilings
- 11 §10-107. Transition provisions as to priorities
- 11 §10-108. Presumption that rule of law continues unchanged
- Article 1: GENERAL PROVISIONS
- 11 §1-101. Short title (REPEALED)
- 11 §1-102. Purposes; rules of construction; variation by agreement (REPEALED)
- 11 §1-103. Supplementary general principles of law applicable (REPEALED)
- 11 §1-104. Construction against implicit repeal (REPEALED)
- 11 §1-105. Territorial application of Title; parties' power to choose applicable law (REPEALED)
- 11 §1-106. Remedies to be liberally administered (REPEALED)
- 11 §1-107. Waiver or renunciation of claim or right after breach (REPEALED)
- 11 §1-108. Severability (REPEALED)
- 11 §1-201. General definitions (REPEALED)
- 11 §1-202. Prima facie evidence by third party documents (REPEALED)
- 11 §1-203. Obligations of good faith (REPEALED)
- 11 §1-204. Time; reasonable times; "seasonably" (REPEALED)
- 11 §1-205. Course of dealing and usage of trade (REPEALED)
- 11 §1-206. Statute of frauds for kinds of personal property not otherwise covered (REPEALED)
- 11 §1-207. Performance or acceptance under reservation of rights (REPEALED)
- 11 §1-208. Option to accelerate at will (REPEALED)
- Article 2-A: LEASES
- 11 §2-1101. Short title
- 11 §2-1102. Scope
- 11 §2-1103. Definitions
- 11 §2-1104. Leases subject to other statutes
- 11 §2-1105. Territorial application of article to goods covered by certificate of title
- 11 §2-1106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum
- 11 §2-1107. Waiver or renunciation of claim or right after default
- 11 §2-1108. Unconscionability
- 11 §2-1109. Option to accelerate at will
- 11 §2-1201. Statute of frauds
- 11 §2-1202. Final written expression; parol or extrinsic evidence
- 11 §2-1203. Seals inoperative
- 11 §2-1204. Formation in general
- 11 §2-1205. Firm offers
- 11 §2-1206. Offer and acceptance in formation of lease contract
- 11 §2-1207. Course of performance or practical construction (REPEALED)
- 11 §2-1208. Modification, rescission and waiver
- 11 §2-1209. Lessee under finance lease as beneficiary of supply contract
- 11 §2-1210. Express warranties
- 11 §2-1211. Warranties against interference and against infringement; lessee's obligation against infringement
- 11 §2-1212. Implied warranty of merchantability
- 11 §2-1213. Implied warranty of fitness for particular purpose
- 11 §2-1214. Exclusion or modification of warranties
- 11 §2-1215. Cumulation and conflict of warranties express or implied
- 11 §2-1216. Third-party beneficiaries of express and implied warranties
- 11 §2-1217. Identification
- 11 §2-1218. Insurance and proceeds
- 11 §2-1219. Risk of loss
- 11 §2-1220. Effect of default on risk of loss
- 11 §2-1221. Casualty to identified goods
- 11 §2-1301. Enforceability of lease contract
- 11 §2-1302. Title to and possession of goods
- 11 §2-1303. Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; assignment of rights
- 11 §2-1304. Subsequent lease of goods by lessor
- 11 §2-1305. Sale or sublease of goods by lessee
- 11 §2-1306. Priority of certain liens arising by operation of law
- 11 §2-1307. Priority of liens arising by attachment or levy on, security interests in and other claims to goods
- 11 §2-1308. Special rights of creditors
- 11 §2-1309. Lessor's and lessee's rights when goods become fixtures
- 11 §2-1310. Lessor's and lessee's rights when goods become accessions
- 11 §2-1311. Priority subject to subordination
- 11 §2-1401. Insecurity; adequate assurance of performance
- 11 §2-1402. Anticipatory repudiation
- 11 §2-1403. Retraction of anticipatory repudiation
- 11 §2-1404. Substituted performance
- 11 §2-1405. Excused performance
- 11 §2-1406. Procedure on excused performance
- 11 §2-1407. Irrevocable promises; finance leases
- 11 §2-1501. Default; procedure
- 11 §2-1502. Notice after default
- 11 §2-1503. Modification or impairment of rights and remedies
- 11 §2-1504. Liquidation of damages
- 11 §2-1505. Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies
- 11 §2-1506. Statute of limitations
- 11 §2-1507. Proof of market rent; time and place
- 11 §2-1508. Lessee's remedies
- 11 §2-1509. Lessee's rights on improper delivery; rightful rejection
- 11 §2-1510. Installment lease contracts; rejection and default
- 11 §2-1511. Merchant lessee's duties as to rightfully rejected goods
- 11 §2-1512. Lessee's duties as to rightfully rejected goods
- 11 §2-1513. Cure by lessor of improper tender or delivery; replacement
- 11 §2-1514. Waiver of lessee's objections
- 11 §2-1515. Acceptance of goods
- 11 §2-1516. Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over
- 11 §2-1517. Revocation of acceptance of goods
- 11 §2-1518. Cover; substitute goods
- 11 §2-1519. Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods
- 11 §2-1520. Lessee's incidental and consequential damages
- 11 §2-1521. Lessee's right to specific performance or replevin
- 11 §2-1522. Lessee's right to goods on lessor's insolvency
- 11 §2-1523. Lessor's remedies
- 11 §2-1524. Lessor's right to identify goods to lease contract
- 11 §2-1525. Lessor's right to possession of goods
- 11 §2-1526. Lessor's stoppage of delivery in transit or otherwise
- 11 §2-1527. Lessor's rights to dispose of goods
- 11 §2-1528.
- 11 §2-1529. Lessor's action for the rent
- 11 §2-1530. Lessor's incidental damages
- 11 §2-1531. Standing to sue third parties for injury to goods
- 11 §2-1532. Lessor's rights to residual interest
- Article 2: SALES
- 11 §2-101. Short title
- 11 §2-102. Scope: certain security and other transactions excluded from this Article
- 11 §2-103. Definitions and index of definitions
- 11 §2-104. Definitions: "merchant"; "between merchants"; "financing agency"
- 11 §2-105. Definitions: transferability; "goods"; "future" goods; "lot"; "commercial unit"
- 11 §2-106. Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation"
- 11 §2-107. Goods to be severed from realty: recording
- 11 §2-108. Miscellaneous health provisions; blood or tissue transfer services
- 11 §2-201. Formal requirements: statute of frauds
- 11 §2-202. Final written expression: parol or extrinsic evidence
- 11 §2-203. Seals inoperative
- 11 §2-204. Formation in general
- 11 §2-205. Firm offers
- 11 §2-206. Offer and acceptance in formation of contract
- 11 §2-207. Additional terms in acceptance or confirmation
- 11 §2-208. Course of performance or practical construction (REPEALED)
- 11 §2-209. Modification, rescission and waiver
- 11 §2-210. Delegation of performance; assignment of rights
- 11 §2-301. General obligations of parties
- 11 §2-302. Unconscionable contract or clause
- 11 §2-303. Allocation or division of risks
- 11 §2-304. Price payable in money, goods, realty or otherwise
- 11 §2-305. Open price term
- 11 §2-306. Output, requirements and exclusive dealings
- 11 §2-307. Delivery in single lot or several lots
- 11 §2-308. Absence of specified place for delivery
- 11 §2-309. Absence of specific time provisions; notice of termination
- 11 §2-310. Open time for payment or running of credit; authority to ship under reservation
- 11 §2-311. Options and cooperation respecting performance
- 11 §2-312. Warranty of title and against infringement; buyer's obligation against infringement
- 11 §2-313. Express warranties by affirmation, promise, description, sample
- 11 §2-314. Implied warranty: merchantability; usage of trade
- 11 §2-315. Implied warranty: fitness for particular purpose
- 11 §2-316. Exclusion or modification of warranties
- 11 §2-317. Cumulation and conflict of warranties express or implied
- 11 §2-318. When lack of privity no defense in action against manufacturer, seller or supplier of goods
- 11 §2-319. F.O.B. and F.A.S. terms
- 11 §2-320. C.I.F. and C.& F. terms
- 11 §2-321. C.I.F. or C.& F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival
- 11 §2-322. Delivery "exship"
- 11 §2-323. Forms of bill of lading required in overseas shipment; "overseas"
- 11 §2-324. "No arrival, no sale" term
- 11 §2-325. "Letter of credit" term; "confirmed credit"
- 11 §2-326. Sale on approval and sale or return; rights of creditors
- 11 §2-327. Special incidents of sale on approval and sale or return
- 11 §2-328. Sale by auction
- 11 §2-401. Passing of title; reservation for security; limited application of this section
- 11 §2-402. Rights of seller's creditors against sold goods
- 11 §2-403. Power to transfer; good faith purchase of goods; "entrusting"
- 11 §2-501. Insurable interest in goods; manner of identification of goods
- 11 §2-502. Buyer's right to goods on seller's repudiation, failure to deliver or insolvency
- 11 §2-503. Manner of seller's tender of delivery
- 11 §2-504. Shipment by seller
- 11 §2-505. Seller's shipment under reservation
- 11 §2-506. Rights of financing agency
- 11 §2-507. Effect of seller's tender; delivery on condition
- 11 §2-508. Cure by seller of improper tender or delivery; replacement
- 11 §2-509. Risk of loss in the absence of breach
- 11 §2-510. Effect of breach on risk of loss
- 11 §2-511. Tender of payment by buyer; payment by check
- 11 §2-512. Payment by buyer before inspection
- 11 §2-513. Buyer's right to inspection of goods
- 11 §2-514. When documents deliverable on acceptance; when on payment
- 11 §2-515. Preserving evidence of goods in dispute
- 11 §2-601. Buyer's rights on improper delivery
- 11 §2-602. Manner and effect of rightful rejection
- 11 §2-603. Merchant buyer's duties as to rightfully rejected goods
- 11 §2-604. Buyer's options as to salvage of rightfully rejected goods
- 11 §2-605. Waiver of buyer's objections by failure to particularize
- 11 §2-606. What constitutes acceptance of goods
- 11 §2-607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over
- 11 §2-608. Revocation of acceptance in whole or in part
- 11 §2-609. Right to adequate assurance of performance
- 11 §2-610. Anticipatory repudiation
- 11 §2-611. Retraction of anticipatory repudiation
- 11 §2-612. "Installment contract"; breach
- 11 §2-613. Casualty to identified goods
- 11 §2-614. Substituted performance
- 11 §2-615. Excuse by failure of presupposed conditions
- 11 §2-616. Procedure on notice claiming excuse
- 11 §2-701. Remedies for breach of collateral contracts not impaired
- 11 §2-702. Seller's remedies on discovery of buyer's insolvency
- 11 §2-703. Seller's remedies in general
- 11 §2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods
- 11 §2-705. Seller's stoppage of delivery in transit or otherwise
- 11 §2-706. Seller's resale including contract for resale
- 11 §2-707. "Person in the position of a seller"
- 11 §2-708. Seller's damages for nonacceptance or repudiation
- 11 §2-709. Action for the price
- 11 §2-710. Seller's incidental damages
- 11 §2-711. Buyer's remedies in general; buyer's security interest in rejected goods
- 11 §2-712. "Cover"; buyer's procurement of substitute goods
- 11 §2-713. Buyer's damages for nondelivery or repudiation
- 11 §2-714. Buyer's damages for breach in regard to accepted goods
- 11 §2-715. Buyer's incidental and consequential damages
- 11 §2-716. Buyer's right to specific performance or replevin
- 11 §2-717. Deduction of damages from price
- 11 §2-718. Liquidation or limitation of damages; deposits
- 11 §2-719. Contractual modification or limitation of remedy
- 11 §2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach
- 11 §2-721. Remedies for fraud
- 11 §2-722. Who can sue third parties for injury to goods
- 11 §2-723. Proof of market price; time and place
- 11 §2-724. Admissibility of market quotations
- 11 §2-725. Statute of limitations in contracts for sale
- Article 3-A: NEGOTIABLE INSTRUMENTS
- 11 §3-1101. Short title
- 11 §3-1102. Subject matter
- 11 §3-1103. Definitions
- 11 §3-1104. Negotiable instrument
- 11 §3-1105. Issue of instrument
- 11 §3-1106. Unconditional promise or order
- 11 §3-1107. Instrument payable in foreign money
- 11 §3-1108. Payable on demand or at definite time
- 11 §3-1109. Payable to bearer or to order
- 11 §3-1110. Identification of person to whom instrument is payable
- 11 §3-1111. Place of payment
- 11 §3-1112. Interest
- 11 §3-1113. Date of instrument
- 11 §3-1114. Contradictory terms of instrument
- 11 §3-1115. Incomplete instrument
- 11 §3-1116. Joint and several liability; contribution
- 11 §3-1117. Other agreements affecting instrument
- 11 §3-1118. Statute of limitations
- 11 §3-1119. Notice of right to defend action
- 11 §3-1201. Negotiation
- 11 §3-1202. Negotiation subject to rescission
- 11 §3-1203. Transfer of instrument; rights acquired by transfer
- 11 §3-1204. Indorsement
- 11 §3-1205. Special indorsement; blank indorsement; anomalous indorsement
- 11 §3-1206. Restrictive indorsement
- 11 §3-1207. Reacquisition
- 11 §3-1301. Person entitled to enforce instrument
- 11 §3-1302. Holder in due course
- 11 §3-1303. Value and consideration
- 11 §3-1304. Overdue instrument
- 11 §3-1305. Defenses and claims in recoupment
- 11 §3-1306. Claims to an instrument
- 11 §3-1307. Notice of breach of fiduciary duty
- 11 §3-1308. Proof of signatures and status as holder in due course
- 11 §3-1309. Enforcement of lost, destroyed or stolen instrument
- 11 §3-1310. Effect of instrument on obligation for which taken
- 11 §3-1311. Accord and satisfaction by use of instrument
- 11 §3-1312. Lost, destroyed, or stolen cashier's check, teller's check, or certified check
- 11 §3-1401. Signature
- 11 §3-1402. Signature by representative
- 11 §3-1403. Unauthorized signature
- 11 §3-1404. Impostors; fictitious payees
- 11 §3-1405. Employer's responsibility for fraudulent indorsement by employee
- 11 §3-1406. Negligence contributing to forged signature or alteration of instrument
- 11 §3-1407. Alteration
- 11 §3-1408. Drawee not liable on unaccepted draft
- 11 §3-1409. Acceptance of draft; certified check
- 11 §3-1410. Acceptance varying draft
- 11 §3-1411. Refusal to pay cashier's checks, teller's checks and certified checks
- 11 §3-1412. Obligation of issuer of note or cashier's check
- 11 §3-1413. Obligation of acceptor
- 11 §3-1414. Obligation of drawer
- 11 §3-1415. Obligation of indorser
- 11 §3-1416. Transfer warranties
- 11 §3-1417. Presentment warranties
- 11 §3-1418. Payment or acceptance by mistake
- 11 §3-1419. Instruments signed for accommodation
- 11 §3-1420. Conversion of instrument
- 11 §3-1501. Presentment
- 11 §3-1502. Dishonor
- 11 §3-1503. Notice of dishonor
- 11 §3-1504. Excused presentment and notice of dishonor
- 11 §3-1505. Evidence of dishonor
- 11 §3-1601. Discharge and effect of discharge
- 11 §3-1602. Payment
- 11 §3-1603. Tender of payment
- 11 §3-1604. Discharge by cancellation or renunciation
- 11 §3-1605. Discharge of indorsers and accommodation parties
- Article 3: COMMERCIAL PAPER
- 11 §3-101. Short title (REPEALED)
- 11 §3-102. Definitions and index of definitions (REPEALED)
- 11 §3-103. Limitations on scope of Article (REPEALED)
- 11 §3-104. Form of negotiable instruments; "draft"; "check"; "certificate of deposit"; "note" (REPEALED)
- 11 §3-104-A. Return of paid note required (REPEALED)
- 11 §3-105. When promise or order unconditional (REPEALED)
- 11 §3-106. Sum certain (REPEALED)
- 11 §3-107. Money (REPEALED)
- 11 §3-108. Payable on demand (REPEALED)
- 11 §3-109. Definite time (REPEALED)
- 11 §3-110. Payable to order (REPEALED)
- 11 §3-111. Payable to bearer (REPEALED)
- 11 §3-112. Terms and omissions not affecting negotiability (REPEALED)
- 11 §3-113. Seal (REPEALED)
- 11 §3-114. Date, antedating, postdating (REPEALED)
- 11 §3-115. Incomplete instruments (REPEALED)
- 11 §3-116. Instruments payable to 2 or more persons (REPEALED)
- 11 §3-117. Instruments payable with words of description (REPEALED)
- 11 §3-118. Ambiguous terms and rules of construction (REPEALED)
- 11 §3-119. Other writings affecting instrument (REPEALED)
- 11 §3-120. Instruments "payable through" bank (REPEALED)
- 11 §3-121. Instruments payable at bank (REPEALED)
- 11 §3-122. Accrual of cause of action (REPEALED)
- 11 §3-201. Transfer: right to indorsement (REPEALED)
- 11 §3-202. Negotiation (REPEALED)
- 11 §3-203. Wrong or misspelled name (REPEALED)
- 11 §3-204. Special indorsement; blank indorsement (REPEALED)
- 11 §3-205. Restrictive indorsements (REPEALED)
- 11 §3-206. Effect of restrictive indorsement (REPEALED)
- 11 §3-207. Negotiation effective although it may be rescinded (REPEALED)
- 11 §3-208. Reacquisition (REPEALED)
- 11 §3-301. Rights of a holder (REPEALED)
- 11 §3-302. Holder in due course (REPEALED)
- 11 §3-303. Taking for value (REPEALED)
- 11 §3-304. Notice to purchaser (REPEALED)
- 11 §3-305. Rights of a holder in due course (REPEALED)
- 11 §3-306. Rights of one not holder in due course (REPEALED)
- 11 §3-307. Burden of establishing signatures, defenses and due course (REPEALED)
- 11 §3-401. Signature (REPEALED)
- 11 §3-402. Signature in ambiguous capacity (REPEALED)
- 11 §3-403. Signature by authorized representative (REPEALED)
- 11 §3-404. Unauthorized signatures (REPEALED)
- 11 §3-405. Impostors; signature in name of payee (REPEALED)
- 11 §3-406. Negligence contributing to alteration or unauthorized signature (REPEALED)
- 11 §3-407. Alteration (REPEALED)
- 11 §3-408. Consideration (REPEALED)
- 11 §3-409. Draft not an assignment (REPEALED)
- 11 §3-410. Definition and operation of acceptance (REPEALED)
- 11 §3-411. Certification of a check (REPEALED)
- 11 §3-412. Acceptance varying draft (REPEALED)
- 11 §3-413. Contract of maker, drawer and acceptor (REPEALED)
- 11 §3-414. Contract of indorser; order of liability (REPEALED)
- 11 §3-415. Contract of accommodation party (REPEALED)
- 11 §3-416. Contract of guarantor (REPEALED)
- 11 §3-417. Warranties on presentment and transfer (REPEALED)
- 11 §3-418. Finality of payment or acceptance (REPEALED)
- 11 §3-419. Conversion of instrument; innocent representative (REPEALED)
- 11 §3-501. When presentment, notice of dishonor and protest necessary or permissible (REPEALED)
- 11 §3-502. Unexcused delay; discharge (REPEALED)
- 11 §3-503. Time of presentment (REPEALED)
- 11 §3-504. How presentment made (REPEALED)
- 11 §3-505. Rights of party to whom presentment is made (REPEALED)
- 11 §3-506. Time allowed for acceptance or payment (REPEALED)
- 11 §3-507. Dishonor; holder's right of recourse; term allowing representment (REPEALED)
- 11 §3-508. Notice of dishonor (REPEALED)
- 11 §3-509. Protest; noting for protest (REPEALED)
- 11 §3-510. Evidence of dishonor and notice of dishonor (REPEALED)
- 11 §3-511. Waived or excused presentment, protest or notice of dishonor or delay therein (REPEALED)
- 11 §3-601. Discharge of parties (REPEALED)
- 11 §3-602. Effect of discharge against holder in due course (REPEALED)
- 11 §3-603. Payment or satisfaction (REPEALED)
- 11 §3-604. Tender of payment (REPEALED)
- 11 §3-605. Cancellation and renunciation (REPEALED)
- 11 §3-606. Impairment of recourse or of collateral (REPEALED)
- 11 §3-701. Letter of advice of international sight draft (REPEALED)
- 11 §3-801. Drafts in a set (REPEALED)
- 11 §3-802. Effect of instrument on obligation for which it is given (REPEALED)
- 11 §3-803. Notice to third party (REPEALED)
- 11 §3-804. Lost, destroyed or stolen instruments (REPEALED)
- 11 §3-805. Instruments not payable to order or to bearer (REPEALED)
- Article 4-A: FUNDS TRANSFERS
- 11 §4-1101. Short title
- 11 §4-1102. Subject matter
- 11 §4-1103. Payment order; definitions
- 11 §4-1104. Funds transfer; definitions
- 11 §4-1105. Other definitions
- 11 §4-1106. Time payment order received
- 11 §4-1107. Federal reserve regulations and operating circulars
- 11 §4-1108. Exclusion of consumer transactions governed by federal law
- 11 §4-1201. Security procedure
- 11 §4-1202. Authorized and verified payment orders
- 11 §4-1203. Unenforceability of certain verified payment orders
- 11 §4-1204. Refund of payment and duty of customer to report with respect to unauthorized payment order
- 11 §4-1205. Erroneous payment orders
- 11 §4-1206. Transmission of payment order through funds transfer or other communication system
- 11 §4-1207. Misdescription of beneficiary
- 11 §4-1208. Misdescription of intermediary bank or beneficiary's bank
- 11 §4-1209. Acceptance of payment order
- 11 §4-1210. Rejection of payment order
- 11 §4-1211. Cancellation and amendment of payment order
- 11 §4-1212. Liability and duty of receiving bank regarding unaccepted payment order
- 11 §4-1301. Execution and execution date
- 11 §4-1302. Obligations of receiving bank in execution of payment order
- 11 §4-1303. Erroneous execution of payment order
- 11 §4-1304. Duty of sender to report erroneously executed payment order
- 11 §4-1305. Liability for late or improper execution or failure to execute payment order
- 11 §4-1401. Payment date
- 11 §4-1402. Obligation of sender to pay receiving bank
- 11 §4-1403. Payment by sender to receiving bank
- 11 §4-1404. Obligation of beneficiary's bank to pay and give notice to beneficiary
- 11 §4-1405. Payment by beneficiary's bank to beneficiary
- 11 §4-1406. Payment by originator to beneficiary; discharge of underlying obligation
- 11 §4-1501. Variation by agreement and effect of funds transfer system rule
- 11 §4-1502. Creditor process served on receiving bank; setoff by beneficiary's bank
- 11 §4-1503. Injunction or restraining order with respect to funds transfer
- 11 §4-1504. Order in which items and payment orders may be charged to account; order of withdrawals from account
- 11 §4-1505. Preclusion of objection to debit of customer's account
- 11 §4-1506. Rate of interest
- 11 §4-1507. Choice of law
- Article 4: BANK DEPOSITS AND COLLECTIONS
- 11 §4-101. Short title
- 11 §4-102. Applicability
- 11 §4-103. Variation by agreement; measure of damages; action constituting ordinary care
- 11 §4-104. Definitions and index of definitions
- 11 §4-105. "Depositary bank"; "bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank"
- 11 §4-105-A. Payable through or payable at bank; collecting bank
- 11 §4-106. Separate office of a bank
- 11 §4-107. Time of receipt of items
- 11 §4-108. Delays
- 11 §4-109. Process of posting (REPEALED)
- 11 §4-110. Electronic presentment
- 11 §4-111. Statute of limitations
- 11 §4-201. Status of collecting bank as agent and provisional status of credits; applicability of Article; item indorsed "pay any bank"
- 11 §4-202. Responsibility for collection or return; when action timely
- 11 §4-203. Effect of instructions
- 11 §4-204. Methods of sending and presenting; sending directly to payor bank
- 11 §4-205. Depositary bank holder of unindorsed item
- 11 §4-206. Transfer between banks
- 11 §4-207. Warranties of customer and collecting bank on transfer or presentment of items; time for claims (REPEALED)
- 11 §4-207-A. Transfer warranties
- 11 §4-207-B. Presentment warranties
- 11 §4-207-C. Encoding and retention warranties
- 11 §4-208. Security interest of collecting bank in items, accompanying documents and proceeds
- 11 §4-209. When bank gives value for purposes of holder in due course
- 11 §4-210. Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser
- 11 §4-211. Media of remittance; provisional and final settlement in remittance cases (REPEALED)
- 11 §4-211-A. Medium and time of settlement by bank
- 11 §4-212. Right of charge-back or refund; liability of collecting bank; return of item
- 11 §4-213. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal
- 11 §4-214. Insolvency and preference
- 11 §4-301. Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank
- 11 §4-302. Payor bank's responsibility for late return of item
- 11 §4-303. When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified
- 11 §4-401. When bank may charge customer's account
- 11 §4-402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account
- 11 §4-403. Customer's right to stop payment; burden of proof of loss
- 11 §4-404. Bank not obligated to pay check more than 6 months old
- 11 §4-405. Death or incompetence of customer
- 11 §4-406. Customer's duty to discover and report unauthorized signature or alteration
- 11 §4-407. Payor bank's right to subrogation on improper payment
- 11 §4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
- 11 §4-502. Presentment of "on arrival" drafts
- 11 §4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need
- 11 §4-504. Privilege of presenting bank to deal with goods; security interest for expenses
- Article 5-A: LETTERS OF CREDIT
- 11 §5-1101. Short title
- 11 §5-1102. Definitions
- 11 §5-1103. Scope
- 11 §5-1104. Formal requirements
- 11 §5-1105. Consideration
- 11 §5-1106. Issuance, amendment, cancellation and duration
- 11 §5-1107. Confirmer, nominated person and adviser
- 11 §5-1108. Issuer's rights and obligations
- 11 §5-1109. Fraud and forgery
- 11 §5-1110. Warranties
- 11 §5-1111. Remedies
- 11 §5-1112. Transfer of letter of credit
- 11 §5-1113. Transfer by operation of law
- 11 §5-1114. Assignment of proceeds
- 11 §5-1115. Statute of limitations
- 11 §5-1116. Choice of law and forum
- 11 §5-1117. Subrogation of issuer, applicant and nominated person
- 11 §5-1118. Security interest of issuer or nominated person
- Article 5: LETTERS OF CREDIT
- 11 §5-101. Short title (REPEALED)
- 11 §5-102. Scope (REPEALED)
- 11 §5-103. Definitions (REPEALED)
- 11 §5-104. Formal requirements; signing (REPEALED)
- 11 §5-105. Consideration (REPEALED)
- 11 §5-106. Time and effect of establishment of credit (REPEALED)
- 11 §5-107. Advice of credit; confirmation; error in statement of terms (REPEALED)
- 11 §5-108. "Notation credit"; exhaustion of credit (REPEALED)
- 11 §5-109. Issuer's obligations to its customer (REPEALED)
- 11 §5-110. Availability of credit in portions; presenter's reservation of lien or claim (REPEALED)
- 11 §5-111. Warranties on transfer and presentment (REPEALED)
- 11 §5-112. Time allowed for honor or rejection; withholding honor or rejection by consent; "presenter" (REPEALED)
- 11 §5-113. Indemnities (REPEALED)
- 11 §5-114. Issuer's duty and privilege to honor; right to reimbursement (REPEALED)
- 11 §5-115. Remedy for improper dishonor anticipatory repudiation (REPEALED)
- 11 §5-116. Transfer and assignment (REPEALED)
- 11 §5-117. Insolvency of bank holding funds for documentary credit (REPEALED)
- Article 6: BULK TRANSFERS
- 11 §6-101. Short title (REPEALED)
- 11 §6-102. "Bulk transfer"; transfers of equipment; enterprises subject to this Article; bulk transfers subject to this Article (REPEALED)
- 11 §6-103. Transfers excepted from this Article (REPEALED)
- 11 §6-104. Schedule of property, list of creditors (REPEALED)
- 11 §6-105. Notice to creditors (REPEALED)
- 11 §6-106. The notice (REPEALED)
- 11 §6-107. Auction sales; "auctioneer" (REPEALED)
- 11 §6-108. What creditors protected (REPEALED)
- 11 §6-109. Subsequent transfers (REPEALED)
- 11 §6-110. Limitation of actions and levies (REPEALED)
- Article 7-A: DOCUMENTS OF TITLE
- 11 §7-1101. Short title
- 11 §7-1102. Definitions and index of definitions
- 11 §7-1103. Relation of Article to treaty or statute
- 11 §7-1104. Negotiable and nonnegotiable document of title
- 11 §7-1105. Reissuance in alternative medium
- 11 §7-1106. Control of electronic document of title
- 11 §7-1201. Person that may issue a warehouse receipt; storage under bond
- 11 §7-1202. Form of warehouse receipt; effect of omission
- 11 §7-1203. Liability for nonreceipt or misdescription
- 11 §7-1204. Duty of care; contractual limitation of warehouse's liability
- 11 §7-1205. Title under warehouse receipt defeated in certain cases
- 11 §7-1206. Termination of storage at warehouse's option
- 11 §7-1207. Goods must be kept separate; fungible goods
- 11 §7-1208. Altered warehouse receipts
- 11 §7-1209. Lien of warehouse
- 11 §7-1210. Enforcement of warehouse's lien
- 11 §7-1301. Liability for nonreceipt or misdescription; "said to contain;" "shipper's weight, load, and count;" improper handling
- 11 §7-1302. Through bills of lading and similar documents of title
- 11 §7-1303. Diversion; reconsignment; change of instructions
- 11 §7-1304. Tangible bills of lading in a set
- 11 §7-1305. Destination bills
- 11 §7-1306. Altered bills of lading
- 11 §7-1307. Lien of carrier
- 11 §7-1308. Enforcement of carrier's lien
- 11 §7-1309. Duty of care; contractual limitation of carrier's liability
- 11 §7-1401. Irregularities in issue of receipt or bill or conduct of issuer
- 11 §7-1402. Duplicate document of title; overissue
- 11 §7-1403. Obligation of bailee to deliver; excuse
- 11 §7-1404. No liability for good faith delivery pursuant to document of title
- 11 §7-1501. Form of negotiation and requirements of due negotiation
- 11 §7-1502. Rights acquired by due negotiation
- 11 §7-1503. Document of title to goods defeated in certain cases
- 11 §7-1504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery
- 11 §7-1505. Indorser not guarantor for other parties
- 11 §7-1506. Delivery without indorsement; right to compel indorsement
- 11 §7-1507. Warranties on negotiation or delivery of document of title
- 11 §7-1508. Warranties of collecting bank as to documents of title
- 11 §7-1509. Adequate compliance with commercial contract
- 11 §7-1601. Lost, stolen or destroyed documents of title
- 11 §7-1602. Judicial process against goods covered by negotiable document of title
- 11 §7-1603. Conflicting claims; interpleader
- 11 §7-1701. Effective date
- 11 §7-1702. Applicability
- 11 §7-1703. Savings clause
- Article 7: WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE
- 11 §7-101. Short title (REPEALED)
- 11 §7-102. Definitions and index of definitions (REPEALED)
- 11 §7-103. Relation of Article to treaty, statute, tariff, classification or regulation (REPEALED)
- 11 §7-104. Negotiable and nonnegotiable warehouse receipt, bill of lading or other document of title (REPEALED)
- 11 §7-105. Construction against negative implication (REPEALED)
- 11 §7-201. Who may issue a warehouse receipt; storage under government bond (REPEALED)
- 11 §7-202. Form of warehouse receipt; essential terms; optional terms (REPEALED)
- 11 §7-203. Liability for nonreceipt or misdescription (REPEALED)
- 11 §7-204. Duty of care; contractual limitation of warehouseman's liability (REPEALED)
- 11 §7-205. Title under warehouse receipt defeated in certain cases (REPEALED)
- 11 §7-206. Termination of storage at warehouseman's option (REPEALED)
- 11 §7-207. Goods must be kept separate; fungible goods (REPEALED)
- 11 §7-208. Altered warehouse receipts (REPEALED)
- 11 §7-209. Lien of warehouseman (REPEALED)
- 11 §7-210. Enforcement of warehouseman's lien (REPEALED)
- 11 §7-301. Liability for nonreceipt or misdescription; "said to contain"; "shipper's load and count"; improper handling (REPEALED)
- 11 §7-302. Through bills of lading and similar documents (REPEALED)
- 11 §7-303. Diversion; reconsignment; change of instructions (REPEALED)
- 11 §7-304. Bills of lading in a set (REPEALED)
- 11 §7-305. Destination bills (REPEALED)
- 11 §7-306. Altered bill of lading (REPEALED)
- 11 §7-307. Lien of carrier (REPEALED)
- 11 §7-308. Enforcement of carrier's lien (REPEALED)
- 11 §7-309. Duty of care; contractual limitation of carrier's liability (REPEALED)
- 11 §7-401. Irregularities in issue of receipt or bill or conduct of issuer (REPEALED)
- 11 §7-402. Duplicate receipt or bill; overissue (REPEALED)
- 11 §7-403. Obligation of warehouseman or carrier to deliver; excuse (REPEALED)
- 11 §7-404. No liability for good faith delivery pursuant to receipt or bill (REPEALED)
- 11 §7-501. Form of negotiation and requirements of "due negotiation" (REPEALED)
- 11 §7-502. Rights acquired by due negotiation (REPEALED)
- 11 §7-503. Document of title to goods defeated in certain cases (REPEALED)
- 11 §7-504. Rights acquired in the absence of due negotiations; effect of diversion; seller's stoppage of delivery (REPEALED)
- 11 §7-505. Indorser not a guarantor for other parties (REPEALED)
- 11 §7-506. Delivery without indorsement; right to compel indorsement (REPEALED)
- 11 §7-507. Warranties on negotiation or transfer of receipt or bill (REPEALED)
- 11 §7-508. Warranties of collecting bank as to documents (REPEALED)
- 11 §7-509. Receipt or bill; when adequate compliance with commercial contract (REPEALED)
- 11 §7-601. Lost and missing documents (REPEALED)
- 11 §7-602. Attachment of goods covered by a negotiable document (REPEALED)
- 11 §7-603. Conflicting claims; interpleader (REPEALED)
- Article 8-A: INVESTMENT SECURITIES
- 11 §8-1101. Short title
- 11 §8-1102. Definitions
- 11 §8-1103. Rules for determining whether certain obligations and interests are securities or financial assets
- 11 §8-1104. Acquisition of security or financial asset or interest in a security or financial asset
- 11 §8-1105. Notice of adverse claim
- 11 §8-1106. Control
- 11 §8-1107. Whether indorsement, instruction or entitlement order is effective
- 11 §8-1108. Warranties in direct holding
- 11 §8-1109. Warranties in indirect holding
- 11 §8-1110. Applicability; choice of law
- 11 §8-1111. Clearing corporation rules
- 11 §8-1112. Creditor's legal process
- 11 §8-1113. Statute of frauds inapplicable
- 11 §8-1114. Evidentiary rules concerning certificated securities
- 11 §8-1115. Securities intermediary and others not liable to adverse claimant
- 11 §8-1116. Securities intermediary as purchaser for value
- 11 §8-1201. Issuer
- 11 §8-1202. Issuer's responsibility and defenses; notice of defect or defense
- 11 §8-1203. Staleness as notice of defect or defense
- 11 §8-1204. Effect of issuer's restriction on transfer
- 11 §8-1205. Effect of unauthorized signature on security certificate
- 11 §8-1206. Completion or alteration of security certificate
- 11 §8-1207. Rights and duties of issuer with respect to registered owners
- 11 §8-1208. Effect of signature of authenticating trustee, registrar or transfer agent
- 11 §8-1209. Issuer's lien
- 11 §8-1210. Overissue
- 11 §8-1301. Delivery
- 11 §8-1302. Rights of purchaser
- 11 §8-1303. Protected purchaser
- 11 §8-1304. Indorsement
- 11 §8-1305. Instruction
- 11 §8-1306. Effect of guaranteeing signature, indorsement or instruction
- 11 §8-1307. Purchaser's right to requisites for registration of transfer
- 11 §8-1401. Duty of issuer to register transfer
- 11 §8-1402. Assurance that indorsement or instruction is effective
- 11 §8-1403. Demand that issuer not register transfer
- 11 §8-1404. Wrongful registration
- 11 §8-1405. Replacement of lost, destroyed or wrongfully taken security certificate
- 11 §8-1406. Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate
- 11 §8-1407. Authenticating trustee, transfer agent and registrar
- 11 §8-1501. Securities account; acquisition of security entitlement from securities intermediary
- 11 §8-1502. Assertion of adverse claim against entitlement holder
- 11 §8-1503. Property interest of entitlement holder in financial asset held by securities intermediary
- 11 §8-1504. Duty of securities intermediary to maintain financial asset
- 11 §8-1505. Duty of securities intermediary with respect to payments and distributions
- 11 §8-1506. Duty of securities intermediary to exercise rights as directed by entitlement holder
- 11 §8-1507. Duty of securities intermediary to comply with entitlement order
- 11 §8-1508. Duty of securities intermediary to change entitlement holder's position to other form of security holding
- 11 §8-1509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights o
- 11 §8-1510. Rights of purchaser of security entitlement from entitlement holder
- 11 §8-1511. Priority among security interests and entitlement holders
- Article 8: INVESTMENT SECURITIES
- 11 §8-101. Short title; inconsistency with Uniform Act for Simplification of Fiduciary Security Transfers (REPEALED)
- 11 §8-102. Definitions and index of definitions (REPEALED)
- 11 §8-103. Issuer's lien (REPEALED)
- 11 §8-104. Effect of overissue; "overissue" (REPEALED)
- 11 §8-105. Certificated securities negotiable; statements and instructions not negotiable; presumptions (REPEALED)
- 11 §8-106. Applicability (REPEALED)
- 11 §8-107. Securities transferable; action for price (REPEALED)
- 11 §8-108. Registration of pledge and release of uncertificated securities (REPEALED)
- 11 §8-201. "Issuer" (REPEALED)
- 11 §8-202. Issuer's responsibility and defenses; notice of defect or defense (REPEALED)
- 11 §8-203. Staleness as notice of defects or defenses (REPEALED)
- 11 §8-204. Effect of issuer's restrictions on transfer (REPEALED)
- 11 §8-205. Effect of unauthorized signature on certificated security or initial transaction statement (REPEALED)
- 11 §8-206. Completion or alteration of certificated security or initial transaction statement (REPEALED)
- 11 §8-207. Rights and duties of issuer with respect to registered owners and registered pledgees (REPEALED)
- 11 §8-208. Effect of signature of authenticating trustee, registrar or transfer agent (REPEALED)
- 11 §8-301. Rights acquired by purchaser (REPEALED)
- 11 §8-302. "Bona fide purchaser"; "adverse claim"; title acquired by bona fide purchaser (REPEALED)
- 11 §8-303. "Broker" (REPEALED)
- 11 §8-304. Notice to purchaser of adverse claims (REPEALED)
- 11 §8-305. Staleness as notice of adverse claims (REPEALED)
- 11 §8-306. Warranties on presentment and transfer of certificated securities; warranties of originators of instructions (REPEALED)
- 11 §8-307. Effect of delivery without indorsement; right to compel indorsement (REPEALED)
- 11 §8-308. Indorsement; instructions (REPEALED)
- 11 §8-309. Effect of indorsement without delivery (REPEALED)
- 11 §8-310. Indorsement of certificated security in bearer form (REPEALED)
- 11 §8-311. Effect of unauthorized indorsement or instruction (REPEALED)
- 11 §8-312. Effect of guaranteeing signature, indorsement or instruction (REPEALED)
- 11 §8-313. When transfer to purchaser occurs: Financial intermediary as bona fide purchaser; "financial intermediary" (REPEALED)
- 11 §8-314. Duty to transfer, when completed (REPEALED)
- 11 §8-315. Action against transferee based upon wrongful transfer (REPEALED)
- 11 §8-316. Purchaser's right to requisites for registration of transfer, pledge, or release on books (REPEALED)
- 11 §8-317. Creditors' rights (REPEALED)
- 11 §8-318. No conversion by good faith conduct (REPEALED)
- 11 §8-319. Statute of frauds (REPEALED)
- 11 §8-320. Transfer or pledge within central depository system (REPEALED)
- 11 §8-321. Enforceability, attachment, perfection and termination of security interests (REPEALED)
- 11 §8-401. Duty of issuer to register transfer, pledge, or release (REPEALED)
- 11 §8-402. Assurance that indorsements and instructions are effective (REPEALED)
- 11 §8-403. Issuer's duty as to adverse claims (REPEALED)
- 11 §8-404. Liability and nonliability for registration (REPEALED)
- 11 §8-405. Lost, destroyed, and stolen certificated securities (REPEALED)
- 11 §8-406. Duty of authenticating trustee, transfer agent, or registrar (REPEALED)
- 11 §8-407. Exchangeability of securities (REPEALED)
- 11 §8-408. Statements of uncertificated securities (REPEALED)
- Article 9-A: TRANSACTIONS
- 11 §9-1101. Short title
- 11 §9-1102. Definitions and index of definitions
- 11 §9-1103. Purchase-money security interest; application of payments; burden of establishing
- 11 §9-1103-A. Production-money crops; production-money obligation; production-money security interest; burden of establishing
- 11 §9-1104. Control of deposit account
- 11 §9-1105. Control of electronic chattel paper
- 11 §9-1106. Control of investment property
- 11 §9-1107. Control of letter-of-credit right
- 11 §9-1108. Sufficiency of description
- 11 §9-1109. Scope
- 11 §9-1110. Security interests arising under Article 2 or 2-A
- 11 §9-1201. General effectiveness of security agreement
- 11 §9-1202. Title to collateral immaterial
- 11 §9-1203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites
- 11 §9-1204. After-acquired property; future advances
- 11 §9-1205. Use or disposition of collateral permissible
- 11 §9-1206. Security interest arising in purchase or delivery of financial asset
- 11 §9-1207. Rights and duties of secured party having possession or control of collateral
- 11 §9-1208. Additional duties of secured party having control of collateral
- 11 §9-1209. Duties of secured party if account debtor has been notified of assignment
- 11 §9-1210. Request for accounting; request regarding list of collateral or statement of account
- 11 §9-1301. Law governing perfection and priority of security interests
- 11 §9-1302. Law governing perfection and priority of agricultural liens
- 11 §9-1303. Law governing perfection and priority of security interests in goods covered by certificate of title
- 11 §9-1304. Law governing perfection and priority of security interests in deposit accounts
- 11 §9-1305. Law governing perfection and priority of security interests in investment property
- 11 §9-1306. Law governing perfection and priority of security interests in letter-of-credit rights
- 11 §9-1307. Location of debtor
- 11 §9-1308. When security interest or agricultural lien is perfected; continuity of perfection
- 11 §9-1309. Security interest perfected upon attachment
- 11 §9-1310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
- 11 §9-1311. Perfection of security interests in property subject to certain statutes, regulations and treaties
- 11 §9-1312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit righ
- 11 §9-1313. When possession by or delivery to secured party perfects security interest without filing
- 11 §9-1314. Perfection by control
- 11 §9-1315. Secured party's rights on disposition of collateral and in proceeds
- 11 §9-1316. Continued perfection of security interest following change in governing law
- 11 §9-1317. Interests that take priority over or take free of security interest or agricultural lien
- 11 §9-1318. 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
- 11 §9-1319. Rights and title of consignee with respect to creditors and purchasers
- 11 §9-1320. Buyer of goods
- 11 §9-1321. Licensee of general intangible and lessee of goods in ordinary course of business
- 11 §9-1322. Priorities among conflicting security interests in and agricultural liens on same collateral
- 11 §9-1323. Future advances
- 11 §9-1324. Priority of purchase-money security interests
- 11 §9-1324-A. Priority of production-money security interests and agricultural liens
- 11 §9-1325. Priority of security interests in transferred collateral
- 11 §9-1326. Priority of security interests created by new debtor
- 11 §9-1327. Priority of security interests in deposit account
- 11 §9-1328. Priority of security interests in investment property
- 11 §9-1329. Priority of security interests in letter-of-credit right
- 11 §9-1330. Priority of purchaser of chattel paper or instrument
- 11 §9-1331. Priority of rights of purchasers of instruments, documents and securities under other Articles; priority of interests in financial assets and security entitlements
- 11 §9-1332. Transfer of money; transfer of funds from deposit account
- 11 §9-1333. Priority of certain liens arising by operation of law
- 11 §9-1334. Priority of security interests in fixtures and crops
- 11 §9-1335. Accessions
- 11 §9-1336. Commingled goods
- 11 §9-1337. Priority of security interests in goods covered by certificate of title
- 11 §9-1338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
- 11 §9-1339. Priority subject to subordination
- 11 §9-1340. Effectiveness of right of recoupment or setoff against deposit account
- 11 §9-1341. Bank's rights and duties with respect to deposit account
- 11 §9-1342. Bank's right to refuse to enter into or disclose existence of control agreement
- 11 §9-1401. Alienability of debtor's rights
- 11 §9-1402. Secured party not obligated on contract of debtor or in tort
- 11 §9-1403. Agreement not to assert defenses against assignee
- 11 §9-1404. Rights acquired by assignee; claims and defenses against assignee
- 11 §9-1405. Modification of assigned contract
- 11 §9-1406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intang
- 11 §9-1407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
- 11 §9-1408. Restrictions on assignment of promissory notes, health-care-insurance receivables and certain general intangibles ineffective
- 11 §9-1409. Restrictions on assignment of letter-of-credit rights ineffective
- 11 §9-1501. Filing office
- 11 §9-1502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement
- 11 §9-1503. Name of debtor and secured party
- 11 §9-1504. Indication of collateral
- 11 §9-1505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions
- 11 §9-1506. Effect of errors or omissions
- 11 §9-1507. Effect of certain events on effectiveness of financing statement
- 11 §9-1508. Effectiveness of financing statement if new debtor becomes bound by security agreement
- 11 §9-1509. Persons entitled to file a record
- 11 §9-1510. Effectiveness of filed record
- 11 §9-1511. Secured party of record
- 11 §9-1512. Amendment of financing statement
- 11 §9-1513. Termination statement
- 11 §9-1514. Assignment of powers of secured party of record
- 11 §9-1515. Duration and effectiveness of financing statement; effect of lapsed financing statement
- 11 §9-1516. What constitutes filing; effectiveness of filing
- 11 §9-1517. Effect of indexing errors
- 11 §9-1518. Claim concerning inaccurate or wrongfully filed record
- 11 §9-1519. Numbering, maintaining and indexing records; communicating information provided in records
- 11 §9-1520. Acceptance and refusal to accept record
- 11 §9-1521. Uniform form of written financing statement and amendment
- 11 §9-1522. Maintenance and destruction of records
- 11 §9-1523. Information from filing office; sale or license of records
- 11 §9-1524. Delay by filing office
- 11 §9-1525. Fees
- 11 §9-1526. Filing-office rules
- 11 §9-1601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes
- 11 §9-1602. Waiver and variance of rights and duties
- 11 §9-1603. Agreement on standards concerning rights and duties
- 11 §9-1604. Procedure if security agreement covers real property or fixtures
- 11 §9-1605. Unknown debtor or secondary obligor
- 11 §9-1606. Time of default for agricultural lien
- 11 §9-1607. Collection and enforcement by secured party
- 11 §9-1608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
- 11 §9-1609. Secured party's right to take possession after default
- 11 §9-1610. Disposition of collateral after default
- 11 §9-1611. Notification before disposition of collateral
- 11 §9-1612. Timeliness of notification before disposition of collateral
- 11 §9-1613. Contents and form of notification before disposition of collateral: general
- 11 §9-1614. Contents and form of notification before disposition of collateral: consumer-goods transaction
- 11 §9-1615. Application of proceeds of disposition; liability for deficiency and right to surplus
- 11 §9-1616. Explanation of calculation of surplus or deficiency
- 11 §9-1617. Rights of transferee of collateral
- 11 §9-1618. Rights and duties of certain secondary obligors
- 11 §9-1619. Transfer of record or legal title
- 11 §9-1620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
- 11 §9-1621. Notification of proposal to accept collateral
- 11 §9-1622. Effect of acceptance of collateral
- 11 §9-1623. Right to redeem collateral
- 11 §9-1624. Waiver
- 11 §9-1625. Remedies for secured party's failure to comply with Article
- 11 §9-1626. Action in which deficiency or surplus is in issue
- 11 §9-1627. Determination of whether conduct was commercially reasonable
- 11 §9-1628. Nonliability and limitation on liability of secured party; liability of secondary obligor
- 11 §9-1701. Effective date
- 11 §9-1702. Savings clause
- 11 §9-1703. Security interest perfected before effective date
- 11 §9-1704. Security interest unperfected before effective date
- 11 §9-1705. Effectiveness of action taken before effective date
- 11 §9-1706. When initial financing statement suffices to continue effectiveness of financing statement
- 11 §9-1707. Amendment of preeffective-date financing statement
- 11 §9-1708. Persons entitled to file initial financing statement or continuation statement
- 11 §9-1709. Priority
- Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS
- 11 §9-101. Short title (REPEALED)
- 11 §9-102. Policy and scope of Article (REPEALED)
- 11 §9-103. Perfection of security interests in multiple state transactions (REPEALED)
- 11 §9-103-A. Perfection of security interest in multiple state transactions (REPEALED)
- 11 §9-104. Transactions excluded from Article (REPEALED)
- 11 §9-105. Definitions and index of definitions (REPEALED)
- 11 §9-106. Definitions: "Account;" "general intangibles" (REPEALED)
- 11 §9-107. Definitions: "purchase money security interest" (REPEALED)
- 11 §9-108. When after-acquired collateral not security for antecedent debt (REPEALED)
- 11 §9-109. Classification of goods: "consumer goods"; "equipment"; "farm products"; "inventory" (REPEALED)
- 11 §9-110. Sufficiency of description (REPEALED)
- 11 §9-111. Applicability of bulk transfer laws (REPEALED)
- 11 §9-112. Where collateral is not owned by debtor (REPEALED)
- 11 §9-113. Security interests arising under Article on sales (REPEALED)
- 11 §9-114. Consignment (REPEALED)
- 11 §9-115. Investment property (REPEALED)
- 11 §9-116. Security interest arising in purchase or delivery of financial asset (REPEALED)
- 11 §9-201. General validity of security agreement (REPEALED)
- 11 §9-202. Title to collateral immaterial (REPEALED)
- 11 §9-203. Attachment and enforceability of security interest; proceeds, formal requisites (REPEALED)
- 11 §9-204. After-acquired property; future advances (REPEALED)
- 11 §9-205. Use or disposition of collateral without accounting permissible (REPEALED)
- 11 §9-206. Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists (REPEALED)
- 11 §9-207. Rights and duties when collateral is in secured party's possession (REPEALED)
- 11 §9-208. Request for statement of account or list of collateral (REPEALED)
- 11 §9-301. Persons who take priority over unperfected security interests; rights of "lien creditor" (REPEALED)
- 11 §9-302. When filing is required to perfect security interest; security interests to which filing provisions of this Article do not apply (REPEALED)
- 11 §9-303. When security interest is perfected; continuity of perfection (REPEALED)
- 11 §9-304. Perfection of security interest in instruments, documents, proceeds of a written letter of credit and goods covered by documents; perfection by permissive filing; temp
- 11 §9-305. When possession by secured party perfects security interest without filing (REPEALED)
- 11 §9-306. "Proceeds"; secured party's rights on disposition of collateral (REPEALED)
- 11 §9-307. Protection of buyers of goods (REPEALED)
- 11 §9-308. Purchase of chattel paper and instruments (REPEALED)
- 11 §9-309. Protection of purchasers of instruments, documents and securities (REPEALED)
- 11 §9-310. Priority of certain liens arising by operation of law (REPEALED)
- 11 §9-311. Alienability of debtor's rights: judicial process (REPEALED)
- 11 §9-312. Priorities among conflicting security interests in the same collateral (REPEALED)
- 11 §9-313. Priority of security interests in fixtures (REPEALED)
- 11 §9-314. Accessions (REPEALED)
- 11 §9-315. Priority when goods are commingled or processed (REPEALED)
- 11 §9-316. Priority subject to subordination (REPEALED)
- 11 §9-317. Secured party not obligated on contract of debtor (REPEALED)
- 11 §9-318. Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; indentification and proof of assignment
- 11 §9-401. Place of filing; erroneous filing; removal of collateral (REPEALED)
- 11 §9-401-A. Place of filing; erroneous filing; removal of collateral (REPEALED)
- 11 §9-402. Formal requisites of financing statements; amendments; mortgages as financing statements (REPEALED)
- 11 §9-403. What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer (REPEALED)
- 11 §9-404. Termination statement (REPEALED)
- 11 §9-405. Assignment of security interest; duties of filing officer; fees (REPEALED)
- 11 §9-406. Release of collateral; duties of filing officer; fees (REPEALED)
- 11 §9-407. Information from filing officer (REPEALED)
- 11 §9-408. Financing statements covering consigned or leased goods (REPEALED)
- 11 §9-408-A. Financing statements covering consigned or leased goods (REPEALED)
- 11 §9-409. Expedited service (REPEALED)
- 11 §9-410. Access to Secretary of State's database (REPEALED)
- 11 §9-411. Publications (REPEALED)
- 11 §9-412. Federal tax liens (REPEALED)
- 11 §9-413. Powers of the Secretary of State (REPEALED)
- 11 §9-501. Default; procedure when security agreement covers both real and personal property (REPEALED)
- 11 §9-502. Collection rights of secured party (REPEALED)
- 11 §9-503. Secured party's right to take possession after default (REPEALED)
- 11 §9-504. Secured party's right to dispose of collateral after default; effect of disposition (REPEALED)
- 11 §9-505. Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation (REPEALED)
- 11 §9-506. Debtor's right to redeem collateral (REPEALED)
- 11 §9-507. Secured party's liability for failure to comply with this part (REPEALED)