Title 62A - Uniform commercial code
- Chapter 1 - General provisions.
- 62A.1-101 - Short title.
- 62A.1-102 - Purposes; rules of construction; variation by agreement.
- 62A.1-103 - Supplementary general principles of law applicable.
- 62A.1-104 - Construction against implicit repeal.
- 62A.1-105 - Territorial application of the title; parties' power to choose applicable law.
- 62A.1-106 - Remedies to be liberally administered.
- 62A.1-107 - Waiver or renunciation of claim or right after breach.
- 62A.1-108 - Severability.
- 62A.1-109 - Section captions.
- 62A.1-110 - Art dealers and artists -- Contracts -- Duties, etc.
- 62A.1-190 - Construction -- Title applicable to state registered domestic partnerships -- 2009 c 521.
- 62A.1-201 - General definitions.
- 62A.1-202 - Prima facie evidence by third party documents.
- 62A.1-203 - Obligation of good faith.
- 62A.1-204 - Time; reasonable time; "seasonably".
- 62A.1-205 - Course of dealing and usage of trade.
- 62A.1-206 - Statute of frauds for kinds of personal property not otherwise covered.
- 62A.1-207 - Performance or acceptance under reservation of rights.
- 62A.1-208 - Option to accelerate at will.
- Chapter 2 - Sales.
- 62A.2-101 - Short title.
- 62A.2-102 - Scope; certain security and other transactions excluded from this Article.
- 62A.2-103 - Definitions and index of definitions.
- 62A.2-104 - Definitions: "Merchant"; "between merchants"; "financing agency".
- 62A.2-105 - Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit".
- 62A.2-106 - Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation".
- 62A.2-107 - Goods to be severed from realty: Recording.
- 62A.2-201 - Formal requirements; statute of frauds.
- 62A.2-202 - Final written expression: Parol or extrinsic evidence.
- 62A.2-203 - Seals inoperative.
- 62A.2-204 - Formation in general.
- 62A.2-205 - Firm offers.
- 62A.2-206 - Offer and acceptance in formation of contract.
- 62A.2-207 - Additional terms in acceptance or confirmation.
- 62A.2-208 - Course of performance or practical construction.
- 62A.2-209 - Modification, rescission and waiver.
- 62A.2-210 - Delegation of performance; assignment of rights.
- 62A.2-301 - General obligations of parties.
- 62A.2-302 - Unconscionable contract or clause.
- 62A.2-303 - Allocation or division of risks.
- 62A.2-304 - Price payable in money, goods, realty, or otherwise.
- 62A.2-305 - Open price term.
- 62A.2-306 - Output, requirements and exclusive dealings.
- 62A.2-307 - Delivery in single lot or several lots.
- 62A.2-308 - Absence of specified place for delivery.
- 62A.2-309 - Absence of specific time provisions; notice of termination.
- 62A.2-310 - Open time for payment or running of credit; authority to ship under reservation.
- 62A.2-311 - Options and cooperation respecting performance.
- 62A.2-312 - Warranty of title and against infringement; buyer's obligation against infringement.
- 62A.2-313 - Express warranties by affirmation, promise, description, sample.
- 62A.2-314 - Implied warranty: Merchantability; usage of trade.
- 62A.2-315 - Implied warranty: Fitness for particular purpose.
- 62A.2-316 - Exclusion or modification of warranties.
- 62A.2-317 - Cumulation and conflict of warranties express or implied.
- 62A.2-318 - Third party beneficiaries of warranties express or implied.
- 62A.2-319 - F.O.B. and F.A.S. terms.
- 62A.2-320 - C.I.F. and C.&F. terms.
- 62A.2-321 - C.I.F. or C.&F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival.
- 62A.2-322 - Delivery "ex-ship".
- 62A.2-323 - Form of bill of lading required in overseas shipment; "overseas".
- 62A.2-324 - "No arrival, no sale" term.
- 62A.2-325 - "Letter of credit" term; "confirmed credit".
- 62A.2-326 - Sale on approval and sale or return; rights of creditors.
- 62A.2-327 - Special incidents of sale on approval and sale or return.
- 62A.2-328 - Sale by auction.
- 62A.2-401 - Passing of title; reservation for security; limited application of this section.
- 62A.2-402 - Rights of seller's creditors against sold goods.
- 62A.2-403 - Power to transfer; good faith purchase of goods; "entrusting".
- 62A.2-501 - Insurable interest in goods; manner of identification of goods.
- 62A.2-502 - Buyer's right to goods on seller's insolvency.
- 62A.2-503 - Manner of seller's tender of delivery.
- 62A.2-504 - Shipment by seller.
- 62A.2-505 - Seller's shipment under reservation.
- 62A.2-506 - Rights of financing agency.
- 62A.2-507 - Effect of seller's tender; delivery on condition.
- 62A.2-508 - Cure by seller of improper tender or delivery; replacement.
- 62A.2-509 - Risk of loss in the absence of breach.
- 62A.2-510 - Effect of breach on risk of loss.
- 62A.2-511 - Tender of payment by buyer; payment by check.
- 62A.2-512 - Payment by buyer before inspection.
- 62A.2-513 - Buyer's right to inspection of goods.
- 62A.2-514 - When documents deliverable on acceptance; when on payment.
- 62A.2-515 - Preserving evidence of goods in dispute.
- 62A.2-601 - Buyer's rights on improper delivery.
- 62A.2-602 - Manner and effect of rightful rejection.
- 62A.2-603 - Merchant buyer's duties as to rightfully rejected goods.
- 62A.2-604 - Buyer's options as to salvage of rightfully rejected goods.
- 62A.2-605 - Waiver of buyer's objections by failure to particularize.
- 62A.2-606 - What constitutes acceptance of goods.
- 62A.2-607 - Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
- 62A.2-608 - Revocation of acceptance in whole or in part.
- 62A.2-609 - Right to adequate assurance of performance.
- 62A.2-610 - Anticipatory repudiation.
- 62A.2-611 - Retraction of anticipatory repudiation.
- 62A.2-612 - "Installment contract"; breach.
- 62A.2-613 - Casualty to identified goods.
- 62A.2-614 - Substituted performance.
- 62A.2-615 - Excuse by failure of presupposed conditions.
- 62A.2-616 - Procedure on notice claiming excuse.
- 62A.2-701 - Remedies for breach of collateral contracts not impaired.
- 62A.2-702 - Seller's remedies on discovery of buyer's insolvency.
- 62A.2-703 - Seller's remedies in general.
- 62A.2-704 - Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.
- 62A.2-705 - Seller's stoppage of delivery in transit or otherwise.
- 62A.2-706 - Seller's resale including contract for resale.
- 62A.2-707 - "Person in the position of a seller".
- 62A.2-708 - Seller's damages for non-acceptance or repudiation.
- 62A.2-709 - Action for the price.
- 62A.2-710 - Seller's incidental damages.
- 62A.2-711 - Buyer's remedies in general; buyer's security interest in rejected goods.
- 62A.2-712 - "Cover"; buyer's procurement of substitute goods.
- 62A.2-713 - Buyer's damages for non-delivery or repudiation.
- 62A.2-714 - Buyer's damages for breach in regard to accepted goods.
- 62A.2-715 - Buyer's incidental and consequential damages.
- 62A.2-716 - Buyer's right to specific performance or replevin.
- 62A.2-717 - Deduction of damages from the price.
- 62A.2-718 - Liquidation or limitation of damages; deposits.
- 62A.2-719 - Contractual modification or limitation of remedy.
- 62A.2-720 - Effect of "cancellation" or "rescission" on claims for antecedent breach.
- 62A.2-721 - Remedies for fraud.
- 62A.2-722 - Who can sue third parties for injury to goods.
- 62A.2-723 - Proof of market price: Time and place.
- 62A.2-724 - Admissibility of market quotations.
- 62A.2-725 - Statute of limitations in contracts for sale.
- Chapter 2A - Leases.
- 62A.2A-101 - Short title.
- 62A.2A-102 - Scope.
- 62A.2A-103 - Definitions and index of definitions.
- 62A.2A-104 - Leases subject to other law.
- 62A.2A-105 - Territorial application of article to goods covered by certificate of title.
- 62A.2A-106 - Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
- 62A.2A-107 - Waiver or renunciation of claim or right after default.
- 62A.2A-108 - Unconscionability.
- 62A.2A-201 - Statute of frauds.
- 62A.2A-202 - Final written expression: Parol or extrinsic evidence.
- 62A.2A-203 - Seals inoperative.
- 62A.2A-204 - Formation in general.
- 62A.2A-205 - Firm offers.
- 62A.2A-206 - Offer and acceptance in formation of lease contract.
- 62A.2A-207 - Course of performance or practical construction.
- 62A.2A-208 - Modification, rescission, and waiver.
- 62A.2A-209 - Lessee under finance lease as beneficiary of supply contract.
- 62A.2A-210 - Express warranties.
- 62A.2A-211 - Warranties against interference and against infringement; lessee's obligation against infringement.
- 62A.2A-212 - Implied warranty of merchantability.
- 62A.2A-213 - Implied warranty of fitness for particular purpose.
- 62A.2A-214 - Exclusion or modification of warranties.
- 62A.2A-215 - Cumulation and conflict of warranties express or implied.
- 62A.2A-216 - Third party beneficiaries of express and implied warranties.
- 62A.2A-217 - Identification.
- 62A.2A-218 - Insurance and proceeds.
- 62A.2A-219 - Risk of loss.
- 62A.2A-220 - Effect of default on risk of loss.
- 62A.2A-221 - Casualty to identified goods.
- 62A.2A-301 - Enforceability of lease contract.
- 62A.2A-302 - Title to and possession of goods.
- 62A.2A-303 - Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
- 62A.2A-304 - Subsequent lease of goods by lessor.
- 62A.2A-305 - Sale or sublease of goods by lessee.
- 62A.2A-306 - Priority of certain liens arising by operation of law.
- 62A.2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
- 62A.2A-308 - Special rights of creditors.
- 62A.2A-309 - Lessor's and lessee's rights when goods become fixtures.
- 62A.2A-310 - Lessor's and lessee's rights when goods become accessions.
- 62A.2A-311 - Priority subject to subordination.
- 62A.2A-401 - Insecurity: Adequate assurance of performance.
- 62A.2A-402 - Anticipatory repudiation.
- 62A.2A-403 - Retraction of anticipatory repudiation.
- 62A.2A-404 - Substituted performance.
- 62A.2A-405 - Excused performance.
- 62A.2A-406 - Procedure on excused performance.
- 62A.2A-407 - Irrevocable promises: Finance leases.
- 62A.2A-501 - Default: Procedure.
- 62A.2A-502 - Notice after default.
- 62A.2A-503 - Modification or impairment of rights and remedies.
- 62A.2A-504 - Liquidation of damages.
- 62A.2A-505 - Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.
- 62A.2A-506 - Statute of limitations.
- 62A.2A-507 - Proof of market rent: Time and place.
- 62A.2A-508 - Lessee's remedies.
- 62A.2A-509 - Lessee's rights on improper delivery; rightful rejection.
- 62A.2A-510 - Installment lease contracts: Rejection and default.
- 62A.2A-511 - Merchant lessee's duties as to rightfully rejected goods.
- 62A.2A-512 - Lessee's duties as to rightfully rejected goods.
- 62A.2A-513 - Cure by lessor of improper tender or delivery; replacement.
- 62A.2A-514 - Waiver of lessee's objections.
- 62A.2A-515 - Acceptance of goods.
- 62A.2A-516 - Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
- 62A.2A-517 - Revocation of acceptance of goods.
- 62A.2A-518 - Cover; substitute goods.
- 62A.2A-519 - Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods.
- 62A.2A-520 - Lessee's incidental and consequential damages.
- 62A.2A-521 - Lessee's right to specific performance or replevin.
- 62A.2A-522 - Lessee's right to goods on lessor's insolvency.
- 62A.2A-523 - Lessor's remedies.
- 62A.2A-524 - Lessor's right to identify goods to lease contract.
- 62A.2A-525 - Lessor's right to possession of goods.
- 62A.2A-526 - Lessor's stoppage of delivery in transit or otherwise.
- 62A.2A-527 - Lessor's rights to dispose of goods.
- 62A.2A-528 - Lessor's damages for nonacceptance, failure to pay, repudiation, or other default.
- 62A.2A-529 - Lessor's action for the rent.
- 62A.2A-530 - Lessor's incidental damages.
- 62A.2A-531 - Standing to sue third parties for injury to goods.
- 62A.2A-532 - Lessor's rights to residual interest.
- Chapter 3 - Negotiable instruments.
- 62A.3-101 - Short title.
- 62A.3-102 - Subject matter.
- 62A.3-103 - Definitions.
- 62A.3-104 - Negotiable instrument.
- 62A.3-105 - Issue of instrument.
- 62A.3-106 - Unconditional promise or order.
- 62A.3-107 - Instrument payable in foreign money.
- 62A.3-108 - Payable on demand or at definite time.
- 62A.3-109 - Payable to bearer or to order.
- 62A.3-110 - Identification of person to whom instrument is payable.
- 62A.3-111 - Place of payment.
- 62A.3-112 - Interest.
- 62A.3-113 - Date of instrument.
- 62A.3-114 - Contradictory terms of instrument.
- 62A.3-115 - Incomplete instrument.
- 62A.3-116 - Joint and several liability; contribution.
- 62A.3-117 - Other agreements affecting instrument.
- 62A.3-118 - Statute of limitations.
- 62A.3-119 - Notice of right to defend action.
- 62A.3-201 - Negotiation.
- 62A.3-202 - Negotiation subject to rescission.
- 62A.3-203 - Transfer of instrument; rights acquired by transfer.
- 62A.3-204 - Indorsement.
- 62A.3-205 - Special indorsement; blank indorsement; anomalous indorsement.
- 62A.3-206 - Restrictive indorsement.
- 62A.3-207 - Reacquisition.
- 62A.3-301 - Person entitled to enforce instrument.
- 62A.3-302 - Holder in due course.
- 62A.3-303 - Value and consideration.
- 62A.3-304 - Overdue instrument.
- 62A.3-305 - Defenses and claims in recoupment.
- 62A.3-306 - Claims to an instrument.
- 62A.3-307 - Notice of breach of fiduciary duty.
- 62A.3-308 - Proof of signatures and status as holder in due course.
- 62A.3-309 - Enforcement of lost, destroyed, or stolen instrument.
- 62A.3-310 - Effect of instrument on obligation for which taken.
- 62A.3-311 - Accord and satisfaction by use of instrument.
- 62A.3-312 - Lost, destroyed, or stolen cashier's check, teller's check, or certified check.
- 62A.3-401 - Signature.
- 62A.3-402 - Signature by representative.
- 62A.3-403 - Unauthorized signature.
- 62A.3-404 - Impostors; fictitious payees.
- 62A.3-405 - Employer's responsibility for fraudulent indorsement by employee.
- 62A.3-406 - Negligence contributing to forged signature or alteration of instrument.
- 62A.3-407 - Alteration.
- 62A.3-408 - Drawee not liable on unaccepted draft.
- 62A.3-409 - Acceptance of draft; certified check.
- 62A.3-410 - Acceptance varying draft.
- 62A.3-411 - Refusal to pay cashier's checks, teller's checks, and certified checks.
- 62A.3-412 - Obligation of issuer of note or cashier's check.
- 62A.3-413 - Obligation of acceptor.
- 62A.3-414 - Obligation of drawer.
- 62A.3-415 - Obligation of indorser.
- 62A.3-416 - Transfer warranties.
- 62A.3-417 - Presentment warranties.
- 62A.3-418 - Payment or acceptance by mistake.
- 62A.3-419 - Instruments signed for accommodation.
- 62A.3-420 - Conversion of instrument.
- 62A.3-501 - Presentment.
- 62A.3-502 - Dishonor.
- 62A.3-503 - Notice of dishonor.
- 62A.3-504 - Excused presentment and notice of dishonor.
- 62A.3-505 - Evidence of dishonor.
- 62A.3-512 - Credit cards -- As identification -- In lieu of deposit.
- 62A.3-515 - Checks dishonored by nonacceptance or nonpayment; liability for interest; rate; collection costs and attorneys' fees; satisfaction of claim.
- 62A.3-520 - Statutory form for notice of dishonor.
- 62A.3-522 - Notice of dishonor -- Affidavit of service by mail.
- 62A.3-525 - Consequences for failing to comply with requirements.
- 62A.3-530 - Collection agencies--Checks dishonored by nonacceptance or nonpayment; liability for interest; rate; collection costs and attorneys' fees; satisfaction of claim.
- 62A.3-540 - Collection agencies--Statutory form for notice of dishonor.
- 62A.3-550 - Collection agencies--Consequences for failing to comply with requirements.
- 62A.3-601 - Discharge and effect of discharge.
- 62A.3-602 - Payment.
- 62A.3-603 - Tender of payment.
- 62A.3-604 - Discharge by cancellation or renunciation.
- 62A.3-605 - Discharge of indorsers and accommodation parties.
- Chapter 4 - Bank deposits and collections.
- 62A.4-101 - Short title.
- 62A.4-102 - Applicability.
- 62A.4-103 - Variation by agreement; measure of damages; action constituting ordinary care.
- 62A.4-104 - Definitions and index of definitions.
- 62A.4-105 - "Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank".
- 62A.4-106 - Payable through or payable at bank; collecting bank.
- 62A.4-107 - Separate office of a bank.
- 62A.4-108 - Time of receipt of items.
- 62A.4-109 - Delays.
- 62A.4-110 - Electronic presentment.
- 62A.4-111 - Statute of limitations.
- 62A.4-201 - Status of collecting bank as agent and provisional status of credits; applicability of article; item indorsed "pay any bank".
- 62A.4-202 - Responsibility for collection or return; when action timely.
- 62A.4-203 - Effect of instructions.
- 62A.4-204 - Methods of sending and presenting; sending directly to payor bank.
- 62A.4-205 - Depositary bank holder of unindorsed item.
- 62A.4-206 - Transfer between banks.
- 62A.4-207 - Transfer warranties.
- 62A.4-208 - Presentment warranties.
- 62A.4-209 - Encoding and retention warranties.
- 62A.4-210 - Security interest of collecting bank in items, accompanying documents and proceeds.
- 62A.4-211 - When bank gives value for purposes of holder in due course.
- 62A.4-212 - Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser.
- 62A.4-213 - Medium and time of settlement by bank.
- 62A.4-214 - Right of charge-back or refund; liability of collecting bank; return of item.
- 62A.4-215 - Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
- 62A.4-216 - Insolvency and preference.
- 62A.4-301 - Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
- 62A.4-302 - Payor bank's responsibility for late return of item.
- 62A.4-303 - When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified.
- 62A.4-401 - When bank may charge customer's account.
- 62A.4-402 - Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
- 62A.4-403 - Customer's right to stop payment; burden of proof of loss.
- 62A.4-404 - Bank not obligated to pay check more than six months old.
- 62A.4-405 - Death or incompetence of customer.
- 62A.4-406 - Customer's duty to discover and report unauthorized signature or alteration.
- 62A.4-407 - Payor bank's right to subrogation on improper payment.
- 62A.4-501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- 62A.4-502 - Presentment of "on arrival" drafts.
- 62A.4-503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- 62A.4-504 - Privilege of presenting bank to deal with goods; security interest for expenses.
- Chapter 4A - Funds transfers.
- 62A.4A-101 - Short title.
- 62A.4A-102 - Subject matter.
- 62A.4A-103 - Payment order -- Definitions.
- 62A.4A-104 - Funds transfer -- Definitions.
- 62A.4A-105 - Other definitions.
- 62A.4A-106 - Time payment order is received.
- 62A.4A-107 - Federal reserve regulations and operating circulars.
- 62A.4A-108 - Exclusion of consumer transactions governed by federal law.
- 62A.4A-201 - Security procedure.
- 62A.4A-202 - Authorized and verified payment orders.
- 62A.4A-203 - Unenforceability of certain verified payment orders.
- 62A.4A-204 - Refund of payment and duty of customer to report with respect unauthorized payment order.
- 62A.4A-205 - Erroneous payment orders.
- 62A.4A-206 - Transmission of payment order through funds-transfer or other communication system.
- 62A.4A-207 - Misdescription of beneficiary.
- 62A.4A-208 - Misdescription of intermediary bank or beneficiary's bank.
- 62A.4A-209 - Acceptance of payment order.
- 62A.4A-210 - Rejection of payment order.
- 62A.4A-211 - Cancellation and amendment of payment order.
- 62A.4A-212 - Liability and duty of receiving bank regarding unaccepted payment order.
- 62A.4A-301 - Execution and execution date.
- 62A.4A-302 - Obligations of receiving bank in execution of payment order.
- 62A.4A-303 - Erroneous execution of payment order.
- 62A.4A-304 - Duty of sender to report erroneously executed payment order.
- 62A.4A-305 - Liability for late or improper execution or failure to execute payment order.
- 62A.4A-401 - Payment date.
- 62A.4A-402 - Obligation of sender to pay receiving bank.
- 62A.4A-403 - Payment by sender to receiving bank.
- 62A.4A-404 - Obligation of beneficiary's bank to pay and give notice to beneficiary.
- 62A.4A-405 - Payment by beneficiary's bank to beneficiary.
- 62A.4A-406 - Payment by originator to beneficiary; discharge of underlying obligation.
- 62A.4A-501 - Variation by agreement and effect of funds-transfer system rule.
- 62A.4A-502 - Creditor process served on receiving bank; setoff by beneficiary's bank.
- 62A.4A-503 - Injunction or restraining order with respect to funds transfer.
- 62A.4A-504 - Order in which items and payment orders may be charged to account; order of withdrawals from account.
- 62A.4A-505 - Preclusion of objection to debit of customer's account.
- 62A.4A-506 - Rate of interest.
- 62A.4A-507 - Choice of law.
- Chapter 5 - Letters of credit.
- 62A.5-101 - Short title.
- 62A.5-1013 - Applicability--Transition provision.
- 62A.5-1015 - Savings--Transition provision.
- 62A.5-102 - Definitions.
- 62A.5-103 - Scope.
- 62A.5-104 - Formal requirements.
- 62A.5-105 - Consideration.
- 62A.5-106 - Issuance, amendment, cancellation, and duration.
- 62A.5-107 - Confirmer, nominated person, and adviser.
- 62A.5-108 - Issuer's rights and obligations.
- 62A.5-109 - Fraud and forgery.
- 62A.5-110 - Warranties.
- 62A.5-111 - Remedies.
- 62A.5-112 - Transfer of letter of credit.
- 62A.5-113 - Transfer by operation of law.
- 62A.5-114 - Assignment of proceeds.
- 62A.5-115 - Statute of limitations.
- 62A.5-116 - Choice of law and forum.
- 62A.5-117 - Subrogation of issuer, applicant, and nominated person.
- 62A.5-118 - Security interest of issuer or nominated person.
- Chapter 7 - Warehouse receipts, bills of lading and other documents of title.
- 62A.7-101 - Short title.
- 62A.7-102 - Definitions and index of definitions.
- 62A.7-103 - Relation of Article to treaty, statute, tariff, classification or regulation.
- 62A.7-104 - Negotiable and non-negotiable warehouse receipt, bill of lading or other document of title.
- 62A.7-105 - Construction against negative implication.
- 62A.7-201 - Who may issue a warehouse receipt; storage under government bond.
- 62A.7-202 - Form of warehouse receipt; essential terms; optional terms.
- 62A.7-203 - Liability for non-receipt or misdescription.
- 62A.7-204 - Duty of care; contractual limitation of warehouse worker's liability.
- 62A.7-205 - Title under warehouse receipt defeated in certain cases.
- 62A.7-206 - Termination of storage at warehouseman's option.
- 62A.7-207 - Goods must be kept separate; fungible goods.
- 62A.7-208 - Altered warehouse receipts.
- 62A.7-209 - Lien of warehouseman.
- 62A.7-210 - Enforcement of warehouseman's lien.
- 62A.7-301 - Liability for non-receipt or misdescription; "said to contain"; "shipper's load and count"; improper handling.
- 62A.7-302 - Through bills of lading and similar documents.
- 62A.7-303 - Diversion; reconsignment; change of instructions.
- 62A.7-304 - Bills of lading in a set.
- 62A.7-305 - Destination bills.
- 62A.7-306 - Altered bills of lading.
- 62A.7-307 - Lien of carrier.
- 62A.7-308 - Enforcement of carrier's lien.
- 62A.7-309 - Duty of care; contractual limitation of carrier's liability.
- 62A.7-401 - Irregularities in issue of receipt or bill or conduct of issuer.
- 62A.7-402 - Duplicate receipt or bill; overissue.
- 62A.7-403 - Obligation of warehouseman or carrier to deliver; excuse.
- 62A.7-404 - No liability for good faith delivery pursuant to receipt or bill.
- 62A.7-501 - Form of negotiation and requirements of "due negotiation".
- 62A.7-502 - Rights acquired by due negotiation.
- 62A.7-503 - Document of title to goods defeated in certain cases.
- 62A.7-504 - Rights acquired in the absence of due negotiation; effect of diversion; seller's stoppage of delivery.
- 62A.7-505 - Indorser not a guarantor for other parties.
- 62A.7-506 - Delivery without indorsement: Right to compel indorsement.
- 62A.7-507 - Warranties on negotiation or transfer of receipt or bill.
- 62A.7-508 - Warranties of collecting bank as to documents.
- 62A.7-509 - Receipt or bill: When adequate compliance with commercial contract.
- 62A.7-601 - Lost and missing documents.
- 62A.7-602 - Attachment of goods covered by a negotiable document.
- 62A.7-603 - Conflicting claims; interpleader.
- Chapter 8 - Investment securities.
- 62A.8-101 - Short title.
- 62A.8-102 - Definitions.
- 62A.8-103 - Rules for determining whether certain obligations and interests are securities or financial assets.
- 62A.8-104 - Acquisition of security or financial asset or interest therein.
- 62A.8-105 - Notice of adverse claim.
- 62A.8-106 - Control.
- 62A.8-107 - Whether indorsement, instruction, or entitlement is effective.
- 62A.8-108 - Warranties in direct holding.
- 62A.8-109 - Warranties in indirect holding.
- 62A.8-110 - Applicability; choice of law.
- 62A.8-111 - Clearing corporation rules.
- 62A.8-112 - Creditor's legal process.
- 62A.8-113 - Statute of frauds inapplicable.
- 62A.8-114 - Evidentiary rules concerning certificated securities.
- 62A.8-115 - Securities intermediary and others not liable to adverse claimant.
- 62A.8-116 - Securities intermediary as purchaser for value.
- 62A.8-201 - Issuer.
- 62A.8-202 - Issuer's responsibility and defenses; notice of defect or defense.
- 62A.8-203 - Staleness as notice of defect or defense.
- 62A.8-204 - Effect of issuer's restrictions on transfer.
- 62A.8-205 - Effect of unauthorized signature on security certificate.
- 62A.8-206 - Completion or alteration of security certificate.
- 62A.8-207 - Rights and duties of issuer with respect to registered owners.
- 62A.8-208 - Effect of signature of authenticating trustee, registrar, or transfer agent.
- 62A.8-209 - Issuer's lien.
- 62A.8-210 - Overissue.
- 62A.8-301 - Delivery.
- 62A.8-302 - Rights of purchaser.
- 62A.8-303 - Protected purchaser.
- 62A.8-304 - Indorsement.
- 62A.8-305 - Instruction.
- 62A.8-306 - Effect of guaranteeing signature, indorsement, or instruction.
- 62A.8-307 - Purchaser's right to requisites for registration of transfer.
- 62A.8-401 - Duty of issuer to register transfer.
- 62A.8-402 - Assurance that indorsement or instruction is effective.
- 62A.8-403 - Demand that issuer not register transfer.
- 62A.8-404 - Wrongful registration.
- 62A.8-405 - Replacement of lost, destroyed, or wrongfully taken security certificate.
- 62A.8-406 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
- 62A.8-407 - Authenticating trustee, transfer agent, and registrar.
- 62A.8-501 - Securities account; acquisition of security entitlement from securities intermediary.
- 62A.8-502 - Assertion of adverse claim against entitlement holder.
- 62A.8-503 - Property interest of entitlement holder in financial asset held by securities intermediary.
- 62A.8-504 - Duty of securities intermediary to maintain financial asset.
- 62A.8-505 - Duty of securities intermediary with respect to payments and distributions.
- 62A.8-506 - Duty of securities intermediary to exercise rights as directed by entitlement holder.
- 62A.8-507 - Duty of securities intermediary to comply with entitlement order.
- 62A.8-508 - Duty of securities intermediary to change entitlement holder's position to other form of security holding.
- 62A.8-509 - Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.
- 62A.8-510 - Rights of purchaser of security entitlement from entitlement holder.
- 62A.8-511 - Priority among security interests and entitlement holders.
- 62A.8-601 - Savings clause.
- Chapter 9A - Secured transactions; sales of accounts, contract rights and chattel paper.
- 62A.9A-101 - Short title.
- 62A.9A-102 - Definitions and index of definitions.
- 62A.9A-103 - Purchase-money security interest; application of payments; burden of establishing.
- 62A.9A-104 - Control of deposit account.
- 62A.9A-105 - Control of electronic chattel paper.
- 62A.9A-106 - Control of investment property.
- 62A.9A-107 - Control of letter-of-credit right.
- 62A.9A-108 - Sufficiency of description in security agreement.
- 62A.9A-109 - Scope.
- 62A.9A-110 - Security interests arising under Article 2 or 2A.
- 62A.9A-201 - General effectiveness of security agreement.
- 62A.9A-202 - Title to collateral immaterial.
- 62A.9A-203 - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
- 62A.9A-204 - After-acquired property; future advances.
- 62A.9A-205 - Use or disposition of collateral permissible.
- 62A.9A-206 - Security interest arising in purchase or delivery of financial asset.
- 62A.9A-207 - Rights and duties of secured party having possession or control of collateral.
- 62A.9A-208 - Additional duties of secured party having control of collateral.
- 62A.9A-209 - Duties of secured party if account debtor has been notified of assignment.
- 62A.9A-210 - Request for accounting; request regarding list of collateral or statement of account.
- 62A.9A-301 - Law governing perfection and priority of security interests.
- 62A.9A-302 - Law governing perfection and priority of agricultural liens.
- 62A.9A-303 - Law governing perfection and priority of security interests in goods covered by a certificate of title.
- 62A.9A-304 - Law governing perfection and priority of security interests in deposit accounts.
- 62A.9A-305 - Law governing perfection and priority of security interests in investment property.
- 62A.9A-306 - Law governing perfection and priority of security interests in letter-of-credit rights.
- 62A.9A-307 - Location of debtor.
- 62A.9A-308 - When security interest or agricultural lien is perfected; continuity of perfection.
- 62A.9A-309 - Security interest perfected upon attachment.
- 62A.9A-310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
- 62A.9A-311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties.
- 62A.9A-312 - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfectio
- 62A.9A-313 - When possession by or delivery to secured party perfects security interest without filing.
- 62A.9A-314 - Perfection by control.
- 62A.9A-315 - Secured party's rights on disposition of collateral and in proceeds.
- 62A.9A-316 - Continued perfection of security interest following change in governing law.
- 62A.9A-317 - Interests that take priority over or take free of security interest or agricultural lien.
- 62A.9A-318 - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
- 62A.9A-319 - Rights and title of consignee with respect to creditors and purchasers.
- 62A.9A-320 - Buyer of goods.
- 62A.9A-321 - Licensee of general intangible and lessee of goods in ordinary course of business.
- 62A.9A-322 - Priorities among conflicting security interests in and agricultural liens on same collateral.
- 62A.9A-323 - Future advances.
- 62A.9A-324 - Priority of purchase-money security interests.
- 62A.9A-325 - Priority of security interests in transferred collateral.
- 62A.9A-326 - Priority of security interests created by new debtor.
- 62A.9A-327 - Priority of security interests in deposit account.
- 62A.9A-328 - Priority of security interests in investment property.
- 62A.9A-329 - Priority of security interests in letter-of-credit right.
- 62A.9A-330 - Priority of purchaser of chattel paper or instrument.
- 62A.9A-331 - Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under Article 8.
- 62A.9A-332 - Transfer of money; transfer of funds from deposit account.
- 62A.9A-333 - Priority of certain liens arising by operation of law.
- 62A.9A-334 - Priority of security interests in fixtures and crops.
- 62A.9A-335 - Accessions.
- 62A.9A-336 - Commingled goods.
- 62A.9A-337 - Priority of security interests in goods covered by certificate of title.
- 62A.9A-338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
- 62A.9A-339 - Priority subject to subordination.
- 62A.9A-340 - Effectiveness of right of recoupment or set-off against deposit account.
- 62A.9A-341 - Bank's rights and duties with respect to deposit account.
- 62A.9A-342 - Bank's right to refuse to enter into or disclose existence of control agreement.
- 62A.9A-401 - Alienability of debtor's rights.
- 62A.9A-402 - Secured party not obligated on contract of debtor or in tort.
- 62A.9A-403 - Agreement not to assert defenses against assignee.
- 62A.9A-404 - Rights acquired by assignee; claims and defenses against assignee.
- 62A.9A-405 - Modification of assigned contract.
- 62A.9A-406 - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory
- 62A.9A-407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
- 62A.9A-408 - Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
- 62A.9A-409 - Restrictions on assignment of letter-of-credit rights ineffective.
- 62A.9A-501 - Filing office.
- 62A.9A-502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
- 62A.9A-503 - Name of debtor and secured party.
- 62A.9A-504 - Indication of collateral.
- 62A.9A-505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
- 62A.9A-506 - Effect of errors or omissions.
- 62A.9A-507 - Effect of certain events on effectiveness of financing statement.
- 62A.9A-508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.
- 62A.9A-509 - Persons entitled to file a record.
- 62A.9A-510 - Effectiveness of filed record.
- 62A.9A-511 - Secured party of record.
- 62A.9A-512 - Amendment of financing statement.
- 62A.9A-513 - Termination statement.
- 62A.9A-514 - Assignment of powers of secured party of record.
- 62A.9A-515 - Duration and effectiveness of financing statement; effect of lapsed financing statement.
- 62A.9A-516 - What constitutes filing; effectiveness of filing.
- 62A.9A-517 - Effect of indexing errors.
- 62A.9A-518 - Claim concerning inaccurate or wrongfully filed record.
- 62A.9A-519 - Numbering, maintaining, and indexing records; communicating information provided in records.
- 62A.9A-520 - Acceptance and refusal to accept record.
- 62A.9A-521 - Uniform form of written financing statement and amendment.
- 62A.9A-522 - Maintenance and destruction of records.
- 62A.9A-523 - Information from filing office; sale or license of records.
- 62A.9A-524 - Delay by filing office.
- 62A.9A-525 - Fees.
- 62A.9A-526 - Filing-office rules.
- 62A.9A-527 - Duty to report.
- 62A.9A-601 - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
- 62A.9A-602 - Waiver and variance of rights and duties.
- 62A.9A-603 - Agreement on standards concerning rights and duties.
- 62A.9A-604 - Procedure if security agreement covers real property, fixtures, or manufactured home.
- 62A.9A-605 - Unknown debtor or secondary obligor.
- 62A.9A-606 - Time of default for agricultural lien.
- 62A.9A-607 - Collection and enforcement by secured party.
- 62A.9A-608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
- 62A.9A-609 - Secured party's right to take possession after default.
- 62A.9A-610 - Disposition of collateral after default.
- 62A.9A-611 - Notification before disposition of collateral.
- 62A.9A-612 - Timeliness of notification before disposition of collateral.
- 62A.9A-613 - Contents and form of notification before disposition of collateral: General.
- 62A.9A-614 - Contents and form of notification before disposition of collateral: Consumer-goods transaction.
- 62A.9A-615 - Application of proceeds of disposition; liability for deficiency and right to surplus.
- 62A.9A-616 - Explanation of calculation of surplus or deficiency.
- 62A.9A-617 - Rights of transferee of collateral.
- 62A.9A-618 - Rights and duties of certain secondary obligors.
- 62A.9A-619 - Transfer of record or legal title.
- 62A.9A-620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
- 62A.9A-621 - Notification of proposal to accept collateral.
- 62A.9A-622 - Effect of acceptance of collateral.
- 62A.9A-623 - Right to redeem collateral.
- 62A.9A-624 - Waiver.
- 62A.9A-625 - Remedies for secured party's failure to comply with Article.
- 62A.9A-626 - Action in which deficiency or surplus is in issue.
- 62A.9A-627 - Determination of whether conduct was commercially reasonable.
- 62A.9A-628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.
- 62A.9A-701 - Effective date -- 2000 c 250.
- 62A.9A-702 - Savings clause.
- 62A.9A-703 - Security interest perfected before effective date.
- 62A.9A-704 - Security interest unperfected before effective date.
- 62A.9A-705 - Effectiveness of action taken before effective date.
- 62A.9A-706 - When initial financing statement suffices to continue effectiveness of financing statement.
- 62A.9A-707 - Amendment of preeffective-date financing statement.
- 62A.9A-708 - Persons entitled to file initial financing statement or continuation statement.
- 62A.9A-709 - Priority.
- Chapter 10 - Effective date and repealer.
- Chapter 11 - Effective date and transition provisions.
- 62A.11-101 - Effective date -- 1981 c 41.
- 62A.11-102 - Preservation of old transition provisions.
- 62A.11-103 - Transition to the Uniform Commercial Code as amended by chapter 41, Laws of 1981; general rule.
- 62A.11-104 - Transition provision on change of requirement of filing.
- 62A.11-105 - Transition provision on change of place of filing.
- 62A.11-106 - Required refilings.
- 62A.11-107 - Transition provisions as to priorities.
- 62A.11-108 - Presumption that rule of law continues unchanged.
- 62A.11-109 - Effective financing statement; certificate by county auditor.
- 62A.11-110 - Effective date -- 1993 c 230.
- 62A.11-111 - Recovery of attorneys' fees.
- 62A.11-112 - Effective date -- 1993 c 229.
- 62A.11-113 - Effective date -- 1995 c 48.
- Chapter -1 - Notes