Title 13 - COMMERCIAL CODE
- Chapter 2A1 - General Provisions
- 2A101 - Short title of division.
- 2A102 - Scope.
- 2A103 - Definitions and index of definitions.
- 2A104 - Leases subject to other law.
- 2A105 - Territorial application of division to goods covered by certificate of title.
- 2A106 - Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
- 2A107 - Waiver or renunciation of claim or right after default.
- 2A108 - Unconscionability.
- 2A109 - Option to accelerate at will.
- Chapter 2A2 - Formation and Construction of Lease Contract
- 2A201 - Statute of frauds.
- 2A202 - Final written expression: parol or extrinsic evidence.
- 2A203 - Seals inoperative.
- 2A204 - Formation in general.
- 2A205 - Firm offers.
- 2A206 - Offer and acceptance in formation of lease contract.
- 2A207 - Course of performance or practical construction (Deleted by amendment).
- 2A208 - Modification, rescission and waiver.
- 2A209 - Lessee under finance lease as beneficiary of supply contract.
- 2A210 - Express warranties.
- 2A211 - Warranties against interference and against infringement; lessee's obligation against infringement.
- 2A212 - Implied warranty of merchantability.
- 2A213 - Implied warranty of fitness for particular purpose.
- 2A214 - Exclusion or modification of warranties.
- 2A215 - Cumulation and conflict of warranties express or implied.
- 2A216 - Third party beneficiaries of express and implied warranties.
- 2A217 - Identification.
- 2A218 - Insurance and proceeds.
- 2A219 - Risk of loss.
- 2A220 - Effect of default on risk of loss.
- 2A221 - Casualty to identified goods.
- Chapter 2A3 - Effect of Lease Contract
- 2A301 - Enforceability of lease contract.
- 2A302 - Title to and possession of goods.
- 2A303 - Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
- 2A304 - Subsequent lease of goods by lessor.
- 2A305 - Sale or sublease of goods by lessee.
- 2A306 - Priority of certain liens arising by operation of law.
- 2A307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
- 2A308 - Special rights of creditors.
- 2A309 - Lessor's and lessee's rights when goods become fixtures.
- 2A310 - Lessor's and lessee's rights when goods become accessions.
- 2A311 - Priority subject to subordination.
- Chapter 2A4 - Performance of Lease Contract: Repudiated, Substituted and Excused
- 2A401 - Insecurity: adequate assurance of performance.
- 2A402 - Anticipatory repudiation.
- 2A403 - Retraction of anticipatory repudiation.
- 2A404 - Substituted performance.
- 2A405 - Excused performance.
- 2A406 - Procedure on excused performance.
- 2A407 - Irrevocable promises: finance leases.
- Substituted and Excused -
- Chapter 2A5 - Default
- 2A501 - Default: procedure.
- 2A502 - Notice after default.
- 2A503 - Modification or impairment of rights and remedies.
- 2A504 - Liquidation of damages.
- 2A505 - Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies.
- 2A506 - Statute of limitations.
- 2A507 - Proof of market rent: time and place.
- 2A508 - Lessee's remedies.
- 2A509 - Lessee's rights on improper delivery; rightful rejection.
- 2A510 - Installment lease contracts: rejection and default.
- 2A511 - Merchant lessee's duties as to rightfully rejected goods.
- 2A512 - Lessee's duties as to rightfully rejected goods.
- 2A513 - Cure by lessor of improper tender or delivery; replacement.
- 2A514 - Waiver of lessee's objections.
- 2A515 - Acceptance of goods.
- 2A516 - Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable
- 2A517 - Revocation of acceptance of goods.
- 2A518 - Cover; substitute goods.
- 2A519 - Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods.
- 2A520 - Lessee's incidental and consequential damages.
- 2A521 - Lessee's right to specific performance or replevin.
- 2A522 - Lessee's right to goods on lessor's insolvency.
- 2A523 - Lessor's remedies.
- 2A524 - Lessor's right to identify goods to lease contract.
- 2A525 - Lessor's right to possession of goods.
- 2A526 - Lessor's stoppage of delivery in transit or otherwise.
- 2A527 - Lessor's rights to dispose of goods.
- 2A528 - Lessor's damages for nonacceptance, failure to pay, repudiation or other default.
- 2A529 - Lessor's action for the rent.
- 2A530 - Lessor's incidental damages.
- 2A531 - Standing to sue third parties for injury to goods.
- 2A532 - Lessor's rights to residual interest. DIVISION 3. NEGOTIABLE INSTRUMENTS
- Chapter 4A1 - Subject Matter and Definitions
- 4A101 - Short title of division.
- 4A102 - Subject matter.
- 4A103 - Payment order; definitions.
- 4A104 - Funds transfer; definitions.
- 4A105 - Other definitions.
- 4A106 - Time payment order is received.
- 4A107 - Federal Reserve regulations and operating circulars.
- 4A108 - Exclusion of consumer transactions governed by Federal law.
- Chapter 4A2 - Issue and Acceptance of Payment Order
- 4A201 - Security procedure.
- 4A202 - Authorized and verified payment orders.
- 4A203 - Unenforceability of certain verified payment orders.
- 4A204 - Refund of payment and duty of customer to report with respect to unauthorized payment order.
- 4A205 - Erroneous payment orders.
- 4A206 - Transmission of payment order through funds-transfer or other communication system.
- 4A207 - Misdescription of beneficiary.
- 4A208 - Misdescription of intermediary bank or beneficiary's bank.
- 4A209 - Acceptance of payment order.
- 4A210 - Rejection of payment order.
- 4A211 - Cancellation and amendment of payment order.
- 4A212 - Liability and duty of receiving bank regarding unaccepted payment order.
- Chapter 4A3 - Execution of Sender's Payment Order by Receiving Bank
- 4A301 - Execution and execution date.
- 4A302 - Obligations of receiving bank in execution of payment order.
- 4A303 - Erroneous execution of payment order.
- 4A304 - Duty of sender to report erroneously executed payment order.
- 4A305 - Liability for late or improper execution or failure to execute payment order.
- Receiving Bank -
- Chapter 4A4 - Payment
- 4A401 - Payment date.
- 4A402 - Obligation of sender to pay receiving bank.
- 4A403 - Payment by sender to receiving bank.
- 4A404 - Obligation of beneficiary's bank to pay and give notice to beneficiary.
- 4A405 - Payment by beneficiary's bank to beneficiary.
- 4A406 - Payment by originator to beneficiary; discharge of underlying obligation.
- Chapter 4A5 - Miscellaneous Provisions
- 4A501 - Variation by agreement and effect of funds-transfer system rule.
- 4A502 - Creditor process served on receiving bank; setoff by beneficiary's bank.
- 4A503 - Injunction or restraining order with respect to funds transfer.
- 4A504 - Order in which items and payment orders may be charged to account; order of withdrawals from account.
- 4A505 - Preclusion of objection to debit of customer's account.
- 4A506 - Rate of interest.
- 4A507 - Choice of law. DIVISION 5. LETTERS OF CREDIT
- Chapter 11 - General Provisions
- 1101 - Short titles.
- 1102 - Scope of division.
- 1103 - Construction of title to promote its purposes and policies; applicability of supplemental principles of law.
- 1104 - Construction against implied repeal.
- 1105 - (Reserved).
- 1106 - Use of singular and plural; gender.
- 1107 - Section captions.
- 1108 - Relation to Electronic Signatures in Global and National Commerce Act.
- Chapter 12 - General Definitions and Principles of Interpretation
- Chapter 13 - Territorial Applicability and General Rules
- 1301 - Territorial applicability; parties' power to choose applicable law.
- 1302 - Variation by agreement.
- 1303 - Course of performance, course of dealing and usage of trade.
- 1304 - Obligation of good faith.
- 1305 - Remedies to be liberally administered.
- 1306 - Waiver or renunciation of claim or right after breach.
- 1307 - Prima facie evidence by third-party documents.
- 1308 - Performance or acceptance under reservation of rights.
- 1309 - Option to accelerate at will.
- 1310 - Subordinated obligations. DIVISION 2. SALES
- Chapter 21 - Short Title, General Construction and Subject Matter
- 2101 - Short title of division.
- 2102 - Scope; certain security and other transactions excluded from division.
- 2103 - Definitions and index of definitions.
- 2104 - Definitions: "merchant"; "between merchants"; "financing agency."
- 2105 - Definitions: transferability; "goods"; "future" goods; "lot"; "commercial unit."
- 2106 - Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation."
- 2107 - Goods to be severed from realty: recording.
- Matter -
- Chapter 22 - Form, Formation and Readjustment of Contract
- 2201 - Formal requirements; statute of frauds.
- 2202 - Final written expression: parol or extrinsic evidence.
- 2203 - Seals inoperative.
- 2204 - Formation in general.
- 2205 - Firm offers.
- 2206 - Offer and acceptance in formation of contract.
- 2207 - Additional terms in acceptance or confirmation.
- 2208 - Course of performance or practical construction (Deleted by amendment).
- 2209 - Modification, rescission and waiver.
- 2210 - Delegation of performance; assignment of rights.
- Chapter 23 - General Obligation and Construction of Contract
- 2301 - General obligations of parties.
- 2302 - Unconscionable contract or clause.
- 2303 - Allocation or division of risks.
- 2304 - Price payable in money, goods, realty or otherwise.
- 2305 - Open price term.
- 2306 - Output, requirements and exclusive dealings.
- 2307 - Delivery in single lot or several lots.
- 2308 - Absence of specified place for delivery.
- 2309 - Absence of specific time provisions; notice of termination.
- 2310 - Open time for payment or running of credit; authority to ship under reservation.
- 2311 - Options and cooperation respecting performance.
- 2312 - Warranty of title and against infringement; obligation of buyer against infringement.
- 2313 - Express warranties by affirmation, promise, description or sample.
- 2314 - Implied warranty: merchantability; usage of trade.
- 2315 - Implied warranty: fitness for particular purpose.
- 2316 - Exclusion or modification of warranties.
- 2317 - Cumulation and conflict of warranties express or implied.
- 2318 - Third party beneficiaries of warranties express or implied.
- 2319 - F.O.B. and F.A.S. terms.
- 2320 - C.I.F. and C. & F. terms.
- 2321 - C.I.F. or C. & F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival.
- 2322 - Delivery "ex-ship."
- 2323 - Form of bill of lading required in overseas shipment; "overseas."
- 2324 - "No arrival, no sale" term.
- 2325 - "Letter of credit" term; "confirmed credit."
- 2326 - Sale on approval and sale or return; rights of creditors.
- 2327 - Special incidents of sale on approval and sale or return.
- 2328 - Sale by auction.
- Chapter 24 - Title, Creditors and Good Faith Purchasers
- Chapter 25 - Performance
- 2501 - Insurable interest in goods; manner of identification of goods.
- 2502 - Right of buyer to goods on repudiation, failure to deliver or insolvency of seller.
- 2503 - Manner of tender of delivery by seller.
- 2504 - Shipment by seller.
- 2505 - Shipment by seller under reservation.
- 2506 - Rights of financing agency.
- 2507 - Effect of tender by seller; delivery on condition.
- 2508 - Cure by seller of improper tender or delivery; replacement.
- 2509 - Risk of loss in absence of breach.
- 2510 - Effect of breach on risk of loss.
- 2511 - Tender of payment by buyer; payment by check.
- 2512 - Payment by buyer before inspection.
- 2513 - Right of buyer to inspection of goods.
- 2514 - When documents deliverable on acceptance; when on payment.
- 2515 - Preserving evidence of goods in dispute.
- Chapter 26 - Breach, Repudiation and Excuse
- 2601 - Rights of buyer on improper delivery.
- 2602 - Manner and effect of rightful rejection.
- 2603 - Duties of merchant buyer as to rightfully rejected goods.
- 2604 - Options of buyer as to salvage of rightfully rejected goods.
- 2605 - Waiver of objections of buyer by failure to particularize.
- 2606 - What constitutes acceptance of goods.
- 2607 - Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
- 2608 - Revocation of acceptance in whole or in part.
- 2609 - Right to adequate assurance of performance.
- 2610 - Anticipatory repudiation.
- 2611 - Retraction of anticipatory repudiation.
- 2612 - "Installment contract"; breach.
- 2613 - Casualty to identified goods.
- 2614 - Substituted performance.
- 2615 - Excuse by failure of presupposed conditions.
- 2616 - Procedure on notice claiming excuse.
- Chapter 27 - Remedies
- 2701 - Remedies for breach of collateral contracts not impaired.
- 2702 - Remedies of seller on discovery of insolvency of buyer.
- 2703 - Remedies of seller in general.
- 2704 - Right of seller to identify goods to contract notwithstanding breach or to salvage unfinished goods.
- 2705 - Stoppage by seller of delivery in transit or otherwise.
- 2706 - Resale by seller including contract for resale.
- 2707 - "Person in the position of a seller."
- 2708 - Damages of seller for nonacceptance or repudiation.
- 2709 - Action for the price.
- 2710 - Incidental damages of seller.
- 2711 - Remedies of buyer in general; security interest of buyer in rejected goods.
- 2712 - "Cover"; procurement by buyer of substitute goods.
- 2713 - Damages of buyer for nondelivery or repudiation.
- 2714 - Damages of buyer for breach in regard to accepted goods.
- 2715 - Incidental and consequential damages of buyer.
- 2716 - Right of buyer to specific performance or replevin.
- 2717 - Deduction of damages from price.
- 2718 - Liquidation or limitation of damages; deposits.
- 2719 - Contractual modification or limitation of remedy.
- 2720 - Effect of "cancellation" or "rescission" on claims for antecedent breach.
- 2721 - Remedies for fraud.
- 2722 - Who can sue third parties for injury to goods.
- 2723 - Proof of market price: time and place.
- 2724 - Admissibility of market quotations.
- 2725 - Statute of limitations in contracts for sale. DIVISION 2A. LEASES
- Chapter 31 - General Provisions and Definitions
- 3101 - Short title of division.
- 3102 - Subject matter.
- 3103 - Definitions and index of definitions.
- 3104 - Negotiable instrument.
- 3105 - Issue of instrument.
- 3106 - Unconditional promise or order.
- 3107 - Instrument payable in foreign money.
- 3108 - Payable on demand or at definite time.
- 3109 - Payable to bearer or to order.
- 3110 - Identification of person to whom instrument is payable.
- 3111 - Place of payment.
- 3112 - Interest.
- 3113 - Date of instrument.
- 3114 - Contradictory terms of instrument.
- 3115 - Incomplete instrument.
- 3116 - Joint and several liability; contribution.
- 3117 - Other agreements affecting instrument.
- 3118 - Statute of limitations.
- 3119 - Notice of right to defend action.
- Chapter 32 - Negotiation, Transfer and Indorsement
- Chapter 33 - Enforcement of Instruments
- 3301 - Person entitled to enforce instrument.
- 3302 - Holder in due course.
- 3303 - Value and consideration.
- 3304 - Overdue instrument.
- 3305 - Defenses and claims in recoupment.
- 3306 - Claims to an instrument.
- 3307 - Notice of breach of fiduciary duty.
- 3308 - Proof of signatures and status as holder in due course.
- 3309 - Enforcement of lost, destroyed or stolen instrument.
- 3310 - Effect of instrument on obligation for which taken.
- 3311 - Accord and satisfaction by use of instrument.
- 3312 - Lost, destroyed or stolen cashier's check, teller's check or certified check.
- Chapter 34 - Liability of Parties
- 3401 - Signature.
- 3402 - Signature by representative.
- 3403 - Unauthorized signature.
- 3404 - Impostors; fictitious payees.
- 3405 - Employer's responsibility for fraudulent indorsement by employee.
- 3406 - Negligence contributing to forged signature or alteration of instrument.
- 3407 - Alteration.
- 3408 - Drawee not liable on unaccepted draft.
- 3409 - Acceptance of draft; certified check.
- 3410 - Acceptance varying draft.
- 3411 - Refusal to pay cashier's checks, teller's checks and certified checks.
- 3412 - Obligation of issuer of note or cashier's check.
- 3413 - Obligation of acceptor.
- 3414 - Obligation of drawer.
- 3415 - Obligation of indorser.
- 3416 - Transfer warranties.
- 3417 - Presentment warranties.
- 3418 - Payment or acceptance by mistake.
- 3419 - Instruments signed for accommodation.
- 3420 - Conversion of instrument.
- Chapter 35 - Dishonor
- Chapter 36 - Discharge and Payment
- Chapter 41 - General Provisions and Definitions
- 4101 - Short title of division.
- 4102 - Applicability.
- 4103 - Variation by agreement; measure of damages; action constituting ordinary care.
- 4104 - Definitions and index of definitions.
- 4105 - "Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank."
- 4106 - Payable through or payable at bank; collecting bank.
- 4107 - Separate office of a bank.
- 4108 - Time of receipt of items.
- 4109 - Delays.
- 4110 - Electronic presentment.
- 4111 - Statute of limitations.
- Chapter 42 - Collection of Items: Depositary and Collecting Banks
- 4201 - Status of collecting bank as agent and provisional status of credits; applicability of division; item indorsed "pay any bank."
- 4202 - Responsibility for collection or return; when action timely.
- 4203 - Effect of instructions.
- 4204 - Methods of sending and presenting; sending directly to payor bank.
- 4205 - Depositary bank holder of unindorsed item.
- 4206 - Transfer between banks.
- 4207 - Transfer warranties.
- 4208 - Presentment warranties.
- 4209 - Encoding and retention warranties.
- 4210 - Security interest of collecting bank in items, accompanying documents and proceeds.
- 4211 - When bank gives value for purposes of holder in due course.
- 4212 - Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser.
- 4213 - Medium and time of settlement by bank.
- 4214 - Right of charge-back or refund; liability of collecting bank; return of item.
- 4215 - Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
- 4216 - Insolvency and preference.
- Banks -
- Chapter 43 - Collection of Items: Payor Banks
- 4301 - Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
- 4302 - Responsibility of payor bank for late return of item.
- 4303 - When items subject to notice, stop-payment order, legal process or set-off; order in which items may be charged or certified.
- Chapter 44 - Relationship Between Payor Bank and Its Customer
- 4401 - When bank may charge account of customer.
- 4402 - Liability of bank to customer for wrongful dishonor; time of determining insufficiency of account.
- 4403 - Right of customer to stop payment; burden of proof of loss.
- 4404 - Bank not obligated to pay check more than six months old.
- 4405 - Death or incapacity of customer.
- 4406 - Duty of customer to discover and report unauthorized signature or alteration.
- 4407 - Right of payor bank to subrogation on improper payment.
- Chapter 45 - Collection of Documentary Drafts
- 4501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- 4502 - Presentment of "on arrival" drafts.
- 4503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- 4504 - Privilege of presenting bank to deal with goods; security interest for expenses. DIVISION 4A. FUNDS TRANSFERS
- Chapter 51 - Letters of Credit
- 5101 - Short title of division.
- 5102 - Definitions.
- 5103 - Scope.
- 5104 - Formal requirements.
- 5105 - Consideration.
- 5106 - Issuance, amendment, cancellation and duration.
- 5107 - Confirmer, nominated person and advisor.
- 5108 - Issuer's rights and obligations.
- 5109 - Fraud and forgery.
- 5110 - Warranties.
- 5111 - Remedies.
- 5112 - Transfer of letter of credit.
- 5113 - Transfer by operation of law.
- 5114 - Assignment of proceeds.
- 5115 - Statute of limitations.
- 5116 - Choice of law and forum.
- 5117 - Subrogation of issuer, applicant and nominated person.
- 5118 - Security interest of issuer or nominated person. DIVISION 6. BULK TRANSFERS (Repealed)
- Chapter 61 - Bulk Transfers (Repealed)
- Chapter 71 - General
- Chapter 72 - Warehouse Receipts: Special Provisions
- 7201 - Person that may issue a warehouse receipt; storage under bond.
- 7202 - Form of warehouse receipt; effect of omission.
- 7203 - Liability for nonreceipt or misdescription.
- 7204 - Duty of care; contractual limitation of warehouse's liability.
- 7205 - Title under warehouse receipt defeated in certain cases.
- 7206 - Termination of storage at warehouses's option.
- 7207 - Goods must be kept separate; fungible goods.
- 7208 - Altered warehouse receipts.
- 7209 - Lien of warehouse.
- 7210 - Enforcement of warehouse's lien.
- Chapter 73 - Bills of Lading: Special Provisions
- 7301 - Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load and count"; improper handling.
- 7302 - Through bills of lading and similar documents of title.
- 7303 - Diversion; reconsignment; change of instructions.
- 7304 - Tangible bills of lading in a set.
- 7305 - Destination bills.
- 7306 - Altered bills of lading.
- 7307 - Lien of carrier.
- 7308 - Enforcement of carrier's lien.
- 7309 - Duty of care; contractual limitation of carrier's liability.
- Chapter 74 - Warehouse Receipts and Bills of Lading: General Obligations
- Chapter 75 - Warehouse Receipts and Bills of Lading: Negotiation and Transfer
- 7501 - Form of negotiation and requirements of due negotiation.
- 7502 - Rights acquired by due negotiation.
- 7503 - Document of title to goods defeated in certain cases.
- 7504 - Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.
- 7505 - Indorser not guarantor for other parties.
- 7506 - Delivery without indorsement; right to compel indorsement.
- 7507 - Warranties on negotiation or delivery of document of title.
- 7508 - Warranties of collecting bank as to documents of title.
- 7509 - Adequate compliance with commercial contract.
- Negotiation and Transfer -
- Chapter 76 - Warehouse Receipts and Bills of Lading: Miscellaneous Provisions
- Chapter 81 - Short Title and General Matters
- 8101 - Short title of division.
- 8102 - Definitions.
- 8103 - Rules for determining whether certain obligations and interests are securities or financial assets.
- 8104 - Acquisition of security or financial asset or interest therein.
- 8105 - Notice of adverse claim.
- 8106 - Control.
- 8107 - Whether indorsement, instruction or entitlement order is effective.
- 8108 - Warranties in direct holding.
- 8109 - Warranties in indirect holding.
- 8110 - Applicability; choice of law.
- 8111 - Clearing corporation rules.
- 8112 - Creditor's legal process.
- 8113 - Statute of frauds inapplicable.
- 8114 - Evidentiary rules concerning certificated securities.
- 8115 - Securities intermediary and others not liable to adverse claimant.
- 8116 - Securities intermediary as purchaser for value.
- Chapter 82 - Issue and Issuer
- 8201 - Issuer.
- 8202 - Issuer's responsibility and defenses; notice of defect or defense.
- 8203 - Staleness as notice of defect or defense.
- 8204 - Effect of issuer's restriction on transfer.
- 8205 - Effect of unauthorized signature on security certificate.
- 8206 - Completion or alteration of security certificate.
- 8207 - Rights and duties of issuer with respect to registered owners.
- 8208 - Effect of signature of authenticating trustee, registrar or transfer agent.
- 8209 - Issuer's lien.
- 8210 - Overissue.
- Chapter 83 - Transfer of Certificated and Uncertificated Securities
- Chapter 84 - Registration
- 8401 - Duty of issuer to register transfer.
- 8402 - Assurance that indorsement or instruction is effective.
- 8403 - Demand that issuer not register transfer.
- 8404 - Wrongful registration.
- 8405 - Replacement of lost, destroyed or wrongfully taken security certificate.
- 8406 - Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.
- 8407 - Authenticating trustee, transfer agent and registrar.
- Chapter 85 - Security Entitlements
- 8501 - Securities account; acquisition of security entitlement from securities intermediary.
- 8502 - Assertion of adverse claim against entitlement holder.
- 8503 - Property interest of entitlement holder in financial asset held by securities intermediary.
- 8504 - Duty of securities intermediary to maintain financial asset.
- 8505 - Duty of securities intermediary with respect to payments and distributions.
- 8506 - Duty of securities intermediary to exercise rights as directed by entitlement holder.
- 8507 - Duty of securities intermediary to comply with entitlement order.
- 8508 - Duty of securities intermediary to change entitlement holder's position to other form of security holding.
- 8509 - Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of
- 8510 - Rights of purchaser of security entitlement from entitlement holder.
- 8511 - Priority among security interests and entitlement holders. DIVISION 9. SECURED TRANSACTIONS
- Chapter 91 - General Provisions
- 9101 - Short title of division.
- 9102 - Definitions and index of definitions.
- 9103 - Purchase-money security interest; application of payments; burden of establishing.
- 9104 - Control of deposit account.
- 9105 - Control of electronic chattel paper.
- 9106 - Control of investment property.
- 9107 - Control of letter-of-credit right.
- 9108 - Sufficiency of description.
- 9109 - Scope.
- 9110 - Security interests arising under Division 2 or 2A.
- Chapter 92 - Effectiveness of Security Agreement, Attachment of Security Interest and Rights of Parties to Security Agreement
- 9201 - General effectiveness of security agreement.
- 9202 - Title to collateral immaterial.
- 9203 - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
- 9204 - After-acquired property; future advances.
- 9205 - Use or disposition of collateral permissible.
- 9206 - Security interest arising in purchase or delivery of financial asset.
- 9207 - Rights and duties of secured party having possession or control of collateral.
- 9208 - Additional duties of secured party having control of collateral.
- 9209 - Duties of secured party if account debtor has been notified of assignment.
- 9210 - Request for accounting; request regarding list of collateral or statement of account.
- Chapter 93 - Perfection and Priority
- 9301 - Law governing perfection and priority of security interests.
- 9302 - Law governing perfection and priority of agricultural liens.
- 9303 - Law governing perfection and priority of security interests in goods covered by certificate of title.
- 9304 - Law governing perfection and priority of security interests in deposit accounts.
- 9305 - Law governing perfection and priority of security interests in investment property.
- 9306 - Law governing perfection and priority of security interests in letter-of-credit rights.
- 9307 - Location of debtor.
- 9308 - When security interest or agricultural lien is perfected; continuity of perfection.
- 9309 - Security interest perfected upon attachment.
- 9310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
- 9311 - Perfection of security interests in property subject to certain statutes, regulations and treaties.
- 9312 - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter
- 9313 - When possession by or delivery to secured party perfects security interest without filing.
- 9314 - Perfection by control.
- 9315 - Secured party's rights on disposition of collateral and in proceeds.
- 9316 - Continued perfection of security interest following change in governing law.
- 9317 - Interests which take priority over or take free of security interest or agricultural lien.
- 9318 - No interest retained in right to payment which is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
- 9319 - Rights and title of consignee with respect to creditors and purchasers.
- 9320 - Buyer of goods.
- 9321 - Licensee of general intangible and lessee of goods in ordinary course of business.
- 9322 - Priorities among conflicting security interests in and agricultural liens on same collateral.
- 9323 - Future advances.
- 9324 - Priority of purchase-money security interests.
- 9325 - Priority of security interests in transferred collateral.
- 9326 - Priority of security interests created by new debtor.
- 9327 - Priority of security interests in deposit account.
- 9328 - Priority of security interests in investment property.
- 9329 - Priority of security interests in letter-of-credit right.
- 9330 - Priority of purchaser of chattel paper or instrument.
- 9331 - Priority of rights of purchasers of instruments, documents and securities under other divisions; priority of interests in financial assets and security
- 9332 - Transfer of money; transfer of funds from deposit account.
- 9333 - Priority of certain liens arising by operation of law.
- 9334 - Priority of security interests in fixtures and crops.
- 9335 - Accessions.
- 9336 - Commingled goods.
- 9337 - Priority of security interests in goods covered by certificate of title.
- 9338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
- 9339 - Priority subject to subordination.
- 9340 - Effectiveness of right of recoupment or set-off against deposit account.
- 9341 - Bank's rights and duties with respect to deposit account.
- 9342 - Bank's right to refuse to enter into or disclose existence of control agreement.
- Chapter 94 - Rights of Third Parties
- 9401 - Alienability of debtor's rights.
- 9402 - Secured party not obligated on contract of debtor or in tort.
- 9403 - Agreement not to assert defenses against assignee.
- 9404 - Rights acquired by assignee; claims and defenses against assignee.
- 9405 - Modification of assigned contract.
- 9406 - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel pap
- 9407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
- 9408 - Restrictions on assignment of promissory notes, health-care-insurance receivables and certain general intangibles ineffective.
- 9409 - Restrictions on assignment of letter-of-credit rights ineffective.
- Chapter 95 - Filing
- 9501 - Filing office.
- 9502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
- 9503 - Name of debtor and secured party.
- 9504 - Indication of collateral.
- 9505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions.
- 9506 - Effect of errors or omissions.
- 9507 - Effect of certain events on effectiveness of financing statement.
- 9508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.
- 9509 - Persons entitled to file a record.
- 9510 - Effectiveness of filed record.
- 9511 - Secured party of record.
- 9512 - Amendment of financing statement.
- 9513 - Termination statement.
- 9514 - Assignment of powers of secured party of record.
- 9515 - Duration and effectiveness of financing statement; effect of lapsed financing statement.
- 9516 - What constitutes filing; effectiveness of filing.
- 9517 - Effect of indexing errors.
- 9518 - Claim concerning inaccurate or wrongfully filed record.
- 9519 - Numbering, maintaining and indexing records; communicating information provided in records.
- 9520 - Acceptance and refusal to accept record.
- 9521 - Uniform form of written financing statement and amendment.
- 9522 - Maintenance and destruction of records.
- 9523 - Information from filing office; sale or license of records.
- 9524 - Delay by filing office.
- 9525 - Fees.
- 9526 - Filing-office rules.
- 9527 - Duty to report.
- Chapter 96 - Default
- 9601 - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.
- 9602 - Waiver and variance of rights and duties.
- 9603 - Agreement on standards concerning rights and duties.
- 9604 - Procedure if security agreement covers real property or fixtures.
- 9605 - Unknown debtor or secondary obligor.
- 9606 - Time of default for agricultural lien.
- 9607 - Collection and enforcement by secured party.
- 9608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
- 9609 - Secured party's right to take possession after default.
- 9610 - Disposition of collateral after default.
- 9611 - Notification before disposition of collateral.
- 9612 - Timeliness of notification before disposition of collateral.
- 9613 - Contents and form of notification before disposition of collateral: general.
- 9614 - Contents and form of notification before disposition of collateral: consumer-goods transaction.
- 9615 - Application of proceeds of disposition; liability for deficiency and right to surplus.
- 9616 - Explanation of calculation of surplus or deficiency.
- 9617 - Rights of transferee of collateral.
- 9618 - Rights and duties of certain secondary obligors.
- 9619 - Transfer of record or legal title.
- 9620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
- 9621 - Notification of proposal to accept collateral.
- 9622 - Effect of acceptance of collateral.
- 9623 - Right to redeem collateral.
- 9624 - Waiver.
- 9625 - Remedies for secured party's failure to comply with division.
- 9626 - Action in which deficiency or surplus is in issue.
- 9627 - Determination of whether conduct was commercially reasonable.
- 9628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.
- Chapter 97 - Transition Provisions
- 9700 - Definitions.
- 9701 - Effective date.
- 9702 - Savings clause.
- 9703 - Security interest perfected before effective date.
- 9704 - Security interest unperfected before effective date.
- 9705 - Effectiveness of action taken before effective date.
- 9706 - When initial financing statement suffices to continue effectiveness of financing statement.
- 9707 - Amendment of pre-effective-date financing statement.
- 9708 - Persons entitled to file initial financing statement or continuation statement.
- 9709 - Priority.
- 9710 - Operations of prothonotaries' offices after effective date.