All sources · 45,730 documents · Table of contents · Title 11: UNIFORM COMMERCIAL CODE · Title 11: UNIFORM COMMERCIAL CODE
Maine
Title 11: UNIFORM COMMERCIAL CODE
913 entries
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§1-101. Short title
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§1-102. Purposes; rules of construction; variation by agreement
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§1-103. Supplementary general principles of law applicable
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§1-104. Construction against implicit repeal
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§1-105. Territorial application of Title; parties' power to choose applicable law
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§1-106. Remedies to be liberally administered
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§1-107. Waiver or renunciation of claim or right after breach
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§1-108. Severability
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§1-201. General definitions
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§1-202. Prima facie evidence by third party documents
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§1-203. Obligations of good faith
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§1-204. Time; reasonable times; "seasonably"
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§1-205. Course of dealing and usage of trade
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§1-206. Statute of frauds for kinds of personal property not otherwise covered
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§1-207. Performance or acceptance under reservation of rights
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§1-208. Option to accelerate at will
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§1-1101. Short titles
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§1-1102. Scope of article
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§1-1103. Construction of Uniform Commercial Code to promote its purposes and policies; applicability of supplemental principles of law
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§1-1104. Construction against implied repeal
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§1-1105. Severability
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§1-1106. Use of singular and plural; gender
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§1-1107. Section captions
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§1-1108. Relation to electronic signatures in Electronic Signatures in Global and National Commerce Act
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§1-1201. General definitions
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§1-1202. Notice; knowledge
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§1-1203. Lease distinguished from security interest
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§1-1204. Value
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§1-1205. Reasonable time; seasonableness
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§1-1206. Presumptions
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§1-1301. Territorial applicability; parties' power to choose applicable law
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§1-1302. Variation by agreement
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§1-1303. Course of performance, course of dealing and usage of trade
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§1-1304. Obligation of good faith
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§1-1305. Remedies to be liberally administered
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§1-1306. Waiver or renunciation of claim or right after breach
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§1-1307. Prima facie evidence by 3rd-party documents
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§1-1308. Performance or acceptance under reservation of rights
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§1-1309. Option to accelerate at will
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§1-1310. Subordinated obligations
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§2-101. Short title
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§2-102. Scope; certain security and other transactions excluded from this Article
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§2-103. Definitions and index of definitions
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§2-104. Definitions: "merchant"; "between merchants"; "financing agency"
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§2-105. Definitions: transferability; "goods"; "future" goods; "lot"; "commercial unit"
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§2-106. Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation"; "hybrid transaction"
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§2-107. Goods to be severed from realty: recording
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§2-108. Miscellaneous health provisions; blood or tissue transfer services
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§2-201. Formal requirements: statute of frauds
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§2-202. Final expression: parol or extrinsic evidence
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§2-203. Seals inoperative
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§2-204. Formation in general
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§2-205. Firm offers
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§2-206. Offer and acceptance in formation of contract
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§2-207. Additional terms in acceptance or confirmation
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§2-208. Course of performance or practical construction
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§2-209. Modification, rescission and waiver
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§2-210. Delegation of performance; assignment of rights
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§2-301. General obligations of parties
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§2-302. Unconscionable contract or clause
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§2-303. Allocation or division of risks
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§2-304. Price payable in money, goods, realty or otherwise
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§2-305. Open price term
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§2-306. Output, requirements and exclusive dealings
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§2-307. Delivery in single lot or several lots
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§2-308. Absence of specified place for delivery
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§2-309. Absence of specific time provisions; notice of termination
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§2-310. Open time for payment or running of credit; authority to ship under reservation
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§2-311. Options and cooperation respecting performance
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§2-312. Warranty of title and against infringement; buyer's obligation against infringement
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§2-313. Express warranties by affirmation, promise, description, sample
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§2-314. Implied warranty: merchantability; usage of trade
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§2-315. Implied warranty: fitness for particular purpose
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§2-316. Exclusion or modification of warranties
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§2-317. Cumulation and conflict of warranties express or implied
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§2-318. When lack of privity no defense in action against manufacturer, seller or supplier of goods
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§2-319. F.O.B. and F.A.S. terms
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§2-320. C.I.F. and C.& F. terms
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§2-321. C.I.F. or C.& F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival
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§2-322. Delivery "exship"
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§2-323. Forms of bill of lading required in overseas shipment; "overseas"
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§2-324. "No arrival, no sale" term
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§2-325. "Letter of credit" term; "confirmed credit"
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§2-326. Sale on approval and sale or return; rights of creditors
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§2-327. Special incidents of sale on approval and sale or return
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§2-328. Sale by auction
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§2-401. Passing of title; reservation for security; limited application of this section
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§2-402. Rights of seller's creditors against sold goods
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§2-403. Power to transfer; good faith purchase of goods; "entrusting"
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§2-501. Insurable interest in goods; manner of identification of goods
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§2-502. Buyer's right to goods on seller's repudiation, failure to deliver or insolvency
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§2-503. Manner of seller's tender of delivery
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§2-504. Shipment by seller
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§2-505. Seller's shipment under reservation
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§2-506. Rights of financing agency
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§2-507. Effect of seller's tender; delivery on condition
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§2-508. Cure by seller of improper tender or delivery; replacement
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§2-509. Risk of loss in the absence of breach
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§2-510. Effect of breach on risk of loss
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§2-511. Tender of payment by buyer; payment by check
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§2-512. Payment by buyer before inspection
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§2-513. Buyer's right to inspection of goods
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§2-514. When documents deliverable on acceptance; when on payment
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§2-515. Preserving evidence of goods in dispute
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§2-601. Buyer's rights on improper delivery
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§2-602. Manner and effect of rightful rejection
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§2-603. Merchant buyer's duties as to rightfully rejected goods
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§2-604. Buyer's options as to salvage of rightfully rejected goods
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§2-605. Waiver of buyer's objections by failure to particularize
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§2-606. What constitutes acceptance of goods
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§2-607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over
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§2-608. Revocation of acceptance in whole or in part
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§2-609. Right to adequate assurance of performance
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§2-610. Anticipatory repudiation
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§2-611. Retraction of anticipatory repudiation
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§2-612. "Installment contract"; breach
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§2-613. Casualty to identified goods
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§2-614. Substituted performance
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§2-615. Excuse by failure of presupposed conditions
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§2-616. Procedure on notice claiming excuse
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§2-701. Remedies for breach of collateral contracts not impaired
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§2-702. Seller's remedies on discovery of buyer's insolvency
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§2-703. Seller's remedies in general
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§2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods
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§2-705. Seller's stoppage of delivery in transit or otherwise
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§2-706. Seller's resale including contract for resale
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§2-707. "Person in the position of a seller"
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§2-708. Seller's damages for nonacceptance or repudiation
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§2-709. Action for the price
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§2-710. Seller's incidental damages
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§2-711. Buyer's remedies in general; buyer's security interest in rejected goods
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§2-712. "Cover"; buyer's procurement of substitute goods
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§2-713. Buyer's damages for nondelivery or repudiation
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§2-714. Buyer's damages for breach in regard to accepted goods
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§2-715. Buyer's incidental and consequential damages
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§2-716. Buyer's right to specific performance or replevin
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§2-717. Deduction of damages from price
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§2-718. Liquidation or limitation of damages; deposits
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§2-719. Contractual modification or limitation of remedy
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§2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach
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§2-721. Remedies for fraud
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§2-722. Who can sue third parties for injury to goods
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§2-723. Proof of market price; time and place
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§2-724. Admissibility of market quotations
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§2-725. Statute of limitations in contracts for sale
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§2-1101. Short title
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§2-1102. Scope
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§2-1103. Definitions
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§2-1104. Leases subject to other statutes
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§2-1105. Territorial application of article to goods covered by certificate of title
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§2-1106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum
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§2-1107. Waiver or renunciation of claim or right after default
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§2-1108. Unconscionability
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§2-1109. Option to accelerate at will
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§2-1201. Statute of frauds
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§2-1202. Final expression; parol or extrinsic evidence
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§2-1203. Seals inoperative
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§2-1204. Formation in general
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§2-1205. Firm offers
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§2-1206. Offer and acceptance in formation of lease contract
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§2-1207. Course of performance or practical construction
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§2-1208. Modification, rescission and waiver
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§2-1209. Lessee under finance lease as beneficiary of supply contract
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§2-1210. Express warranties
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§2-1211. Warranties against interference and against infringement; lessee's obligation against infringement
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§2-1212. Implied warranty of merchantability
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§2-1213. Implied warranty of fitness for particular purpose
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§2-1214. Exclusion or modification of warranties
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§2-1215. Cumulation and conflict of warranties express or implied
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§2-1216. Third-party beneficiaries of express and implied warranties
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§2-1217. Identification
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§2-1218. Insurance and proceeds
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§2-1219. Risk of loss
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§2-1220. Effect of default on risk of loss
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§2-1221. Casualty to identified goods
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§2-1301. Enforceability of lease contract
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§2-1302. Title to and possession of goods
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§2-1303. Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; assignment of rights
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§2-1304. Subsequent lease of goods by lessor
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§2-1305. Sale or sublease of goods by lessee
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§2-1306. Priority of certain liens arising by operation of law
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§2-1307. Priority of liens arising by attachment or levy on, security interests in and other claims to goods
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§2-1308. Special rights of creditors
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§2-1309. Lessor's and lessee's rights when goods become fixtures
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§2-1310. Lessor's and lessee's rights when goods become accessions
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§2-1311. Priority subject to subordination
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§2-1401. Insecurity; adequate assurance of performance
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§2-1402. Anticipatory repudiation
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§2-1403. Retraction of anticipatory repudiation
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§2-1404. Substituted performance
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§2-1405. Excused performance
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§2-1406. Procedure on excused performance
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§2-1407. Irrevocable promises; finance leases
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§2-1501. Default; procedure
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§2-1502. Notice after default
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§2-1503. Modification or impairment of rights and remedies
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§2-1504. Liquidation of damages
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§2-1505. Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies
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§2-1506. Statute of limitations
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§2-1507. Proof of market rent; time and place
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§2-1508. Lessee's remedies
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§2-1509. Lessee's rights on improper delivery; rightful rejection
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§2-1510. Installment lease contracts; rejection and default
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§2-1511. Merchant lessee's duties as to rightfully rejected goods
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§2-1512. Lessee's duties as to rightfully rejected goods
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§2-1513. Cure by lessor of improper tender or delivery; replacement
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§2-1514. Waiver of lessee's objections
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§2-1515. Acceptance of goods
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§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
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§2-1517. Revocation of acceptance of goods
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§2-1518. Cover; substitute goods
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§2-1519. Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods
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§2-1520. Lessee's incidental and consequential damages
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§2-1521. Lessee's right to specific performance or replevin
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§2-1522. Lessee's right to goods on lessor's insolvency
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§2-1523. Lessor's remedies
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§2-1524. Lessor's right to identify goods to lease contract
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§2-1525. Lessor's right to possession of goods
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§2-1526. Lessor's stoppage of delivery in transit or otherwise
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§2-1527. Lessor's rights to dispose of goods
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§2-1528. Lessor's damages for nonacceptance, failure to pay, repudiation or other default
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§2-1529. Lessor's action for the rent
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§2-1530. Lessor's incidental damages
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§2-1531. Standing to sue third parties for injury to goods
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§2-1532. Lessor's rights to residual interest
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§3-101. Short title
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§3-102. Definitions and index of definitions
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§3-103. Limitations on scope of Article
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§3-104. Form of negotiable instruments; "draft"; "check"; "certificate of deposit"; "note"
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§3-104-A. Return of paid note required
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§3-105. When promise or order unconditional
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§3-106. Sum certain
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§3-107. Money
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§3-108. Payable on demand
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§3-109. Definite time
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§3-110. Payable to order
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§3-111. Payable to bearer
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§3-112. Terms and omissions not affecting negotiability
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§3-113. Seal
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§3-114. Date, antedating, postdating
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§3-115. Incomplete instruments
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§3-116. Instruments payable to 2 or more persons
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§3-117. Instruments payable with words of description
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§3-118. Ambiguous terms and rules of construction
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§3-119. Other writings affecting instrument
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§3-120. Instruments "payable through" bank
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§3-121. Instruments payable at bank
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§3-122. Accrual of cause of action
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§3-201. Transfer: right to indorsement
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§3-202. Negotiation
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§3-203. Wrong or misspelled name
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§3-204. Special indorsement; blank indorsement
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§3-205. Restrictive indorsements
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§3-206. Effect of restrictive indorsement
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§3-207. Negotiation effective although it may be rescinded
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§3-208. Reacquisition
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§3-301. Rights of a holder
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§3-302. Holder in due course
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§3-303. Taking for value
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§3-304. Notice to purchaser
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§3-305. Rights of a holder in due course
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§3-306. Rights of one not holder in due course
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§3-307. Burden of establishing signatures, defenses and due course
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§3-401. Signature
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§3-402. Signature in ambiguous capacity
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§3-403. Signature by authorized representative
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§3-404. Unauthorized signatures
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§3-405. Impostors; signature in name of payee
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§3-406. Negligence contributing to alteration or unauthorized signature
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§3-407. Alteration
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§3-408. Consideration
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§3-409. Draft not an assignment
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§3-410. Definition and operation of acceptance
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§3-411. Certification of a check
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§3-412. Acceptance varying draft
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§3-413. Contract of maker, drawer and acceptor
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§3-414. Contract of indorser; order of liability
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§3-415. Contract of accommodation party
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§3-416. Contract of guarantor
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§3-417. Warranties on presentment and transfer
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§3-418. Finality of payment or acceptance
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§3-419. Conversion of instrument; innocent representative
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§3-501. When presentment, notice of dishonor and protest necessary or permissible
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§3-502. Unexcused delay; discharge
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§3-503. Time of presentment
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§3-504. How presentment made
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§3-505. Rights of party to whom presentment is made
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§3-506. Time allowed for acceptance or payment
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§3-507. Dishonor; holder's right of recourse; term allowing representment
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§3-508. Notice of dishonor
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§3-509. Protest; noting for protest
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§3-510. Evidence of dishonor and notice of dishonor
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§3-511. Waived or excused presentment, protest or notice of dishonor or delay therein
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§3-601. Discharge of parties
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§3-602. Effect of discharge against holder in due course
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§3-603. Payment or satisfaction
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§3-604. Tender of payment
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§3-605. Cancellation and renunciation
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§3-606. Impairment of recourse or of collateral
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§3-701. Letter of advice of international sight draft
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§3-801. Drafts in a set
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§3-802. Effect of instrument on obligation for which it is given
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§3-803. Notice to third party
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§3-804. Lost, destroyed or stolen instruments
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§3-805. Instruments not payable to order or to bearer
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§3-1101. Short title
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§3-1102. Subject matter
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§3-1103. Definitions
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§3-1104. Negotiable instrument
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§3-1105. Issue of instrument
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§3-1106. Unconditional promise or order
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§3-1107. Instrument payable in foreign money
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§3-1108. Payable on demand or at definite time
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§3-1109. Payable to bearer or to order
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§3-1110. Identification of person to whom instrument is payable
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§3-1111. Place of payment
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§3-1112. Interest
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§3-1113. Date of instrument
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§3-1114. Contradictory terms of instrument
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§3-1115. Incomplete instrument
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§3-1116. Joint and several liability; contribution
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§3-1117. Other agreements affecting instrument
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§3-1118. Statute of limitations
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§3-1119. Notice of right to defend action
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§3-1201. Negotiation
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§3-1202. Negotiation subject to rescission
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§3-1203. Transfer of instrument; rights acquired by transfer
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§3-1204. Indorsement
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§3-1205. Special indorsement; blank indorsement; anomalous indorsement
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§3-1206. Restrictive indorsement
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§3-1207. Reacquisition
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§3-1301. Person entitled to enforce instrument
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§3-1302. Holder in due course
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§3-1303. Value and consideration
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§3-1304. Overdue instrument
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§3-1305. Defenses and claims in recoupment
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§3-1306. Claims to an instrument
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§3-1307. Notice of breach of fiduciary duty
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§3-1308. Proof of signatures and status as holder in due course
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§3-1309. Enforcement of lost, destroyed or stolen instrument
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§3-1310. Effect of instrument on obligation for which taken
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§3-1311. Accord and satisfaction by use of instrument
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§3-1312. Lost, destroyed, or stolen cashier's check, teller's check, or certified check
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§3-1401. Signature necessary for liability on instrument
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§3-1402. Signature by representative
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§3-1403. Unauthorized signature
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§3-1404. Impostors; fictitious payees
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§3-1405. Employer's responsibility for fraudulent indorsement by employee
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§3-1406. Negligence contributing to forged signature or alteration of instrument
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§3-1407. Alteration
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§3-1408. Drawee not liable on unaccepted draft
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§3-1409. Acceptance of draft; certified check
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§3-1410. Acceptance varying draft
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§3-1411. Refusal to pay cashier's checks, teller's checks and certified checks
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§3-1412. Obligation of issuer of note or cashier's check
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§3-1413. Obligation of acceptor
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§3-1414. Obligation of drawer
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§3-1415. Obligation of indorser
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§3-1416. Transfer warranties
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§3-1417. Presentment warranties
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§3-1418. Payment or acceptance by mistake
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§3-1419. Instruments signed for accommodation
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§3-1420. Conversion of instrument
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§3-1501. Presentment
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§3-1502. Dishonor
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§3-1503. Notice of dishonor
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§3-1504. Excused presentment and notice of dishonor
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§3-1505. Evidence of dishonor
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§3-1601. Discharge and effect of discharge
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§3-1602. Payment
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§3-1603. Tender of payment
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§3-1604. Discharge by cancellation or renunciation
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§3-1605. Discharge of indorsers and accommodation parties
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§4-101. Short title
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§4-102. Applicability
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§4-103. Variation by agreement; measure of damages; action constituting ordinary care
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§4-104. Definitions and index of definitions
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§4-105. "Depositary bank"; "bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank"
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§4-105-A. Payable through or payable at bank; collecting bank
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§4-106. Separate office of a bank
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§4-107. Time of receipt of items
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§4-108. Delays
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§4-109. Process of posting
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§4-110. Electronic presentment
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§4-111. Statute of limitations
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§4-201. Status of collecting bank as agent and provisional status of credits; applicability of Article; item indorsed "pay any bank"
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§4-202. Responsibility for collection or return; when action timely
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§4-203. Effect of instructions
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§4-204. Methods of sending and presenting; sending directly to payor bank
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§4-205. Depositary bank holder of unindorsed item
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§4-206. Transfer between banks
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§4-207. Warranties of customer and collecting bank on transfer or presentment of items; time for claims
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§4-207-A. Transfer warranties
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§4-207-B. Presentment warranties
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§4-207-C. Encoding and retention warranties
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§4-208. Security interest of collecting bank in items, accompanying documents and proceeds
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§4-209. When bank gives value for purposes of holder in due course
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§4-210. Presentment by notice of item not payable by, through or at a bank; liability of drawer or indorser
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§4-211. Media of remittance; provisional and final settlement in remittance cases
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§4-211-A. Medium and time of settlement by bank
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§4-212. Right of charge-back or refund; liability of collecting bank; return of item
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§4-213. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal
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§4-214. Insolvency and preference
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§4-301. Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank
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§4-302. Payor bank's responsibility for late return of item
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§4-303. When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified
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§4-401. When bank may charge customer's account
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§4-402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account
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§4-403. Customer's right to stop payment; burden of proof of loss
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§4-404. Bank not obligated to pay check more than 6 months old
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§4-405. Death or incompetence of customer
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§4-406. Customer's duty to discover and report unauthorized signature or alteration
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§4-407. Payor bank's right to subrogation on improper payment
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§4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor
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§4-502. Presentment of "on arrival" drafts
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§4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need
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§4-504. Privilege of presenting bank to deal with goods; security interest for expenses
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§4-1101. Short title
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§4-1102. Subject matter
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§4-1103. Payment order; definitions
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§4-1104. Funds transfer; definitions
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§4-1105. Other definitions
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§4-1106. Time payment order received
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§4-1107. Federal reserve regulations and operating circulars
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§4-1108. Exclusion of consumer transactions governed by federal law
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§4-1109. Relationship to federal Electronic Fund Transfer Act
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§4-1201. Security procedure
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§4-1202. Authorized and verified payment orders
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§4-1203. Unenforceability of certain verified payment orders
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§4-1204. Refund of payment and duty of customer to report with respect to unauthorized payment order
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§4-1205. Erroneous payment orders
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§4-1206. Transmission of payment order through funds transfer or other communication system
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§4-1207. Misdescription of beneficiary
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§4-1208. Misdescription of intermediary bank or beneficiary's bank
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§4-1209. Acceptance of payment order
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§4-1210. Rejection of payment order
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§4-1211. Cancellation and amendment of payment order
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§4-1212. Liability and duty of receiving bank regarding unaccepted payment order
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§4-1301. Execution and execution date
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§4-1302. Obligations of receiving bank in execution of payment order
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§4-1303. Erroneous execution of payment order
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§4-1304. Duty of sender to report erroneously executed payment order
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§4-1305. Liability for late or improper execution or failure to execute payment order
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§4-1401. Payment date
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§4-1402. Obligation of sender to pay receiving bank
§
§4-1403. Payment by sender to receiving bank
§
§4-1404. Obligation of beneficiary's bank to pay and give notice to beneficiary
§
§4-1405. Payment by beneficiary's bank to beneficiary
§
§4-1406. Payment by originator to beneficiary; discharge of underlying obligation
§
§4-1501. Variation by agreement and effect of funds transfer system rule
§
§4-1502. Creditor process served on receiving bank; setoff by beneficiary's bank
§
§4-1503. Injunction or restraining order with respect to funds transfer
§
§4-1504. Order in which items and payment orders may be charged to account; order of withdrawals from account
§
§4-1505. Preclusion of objection to debit of customer's account
§
§4-1506. Rate of interest
§
§4-1507. Choice of law
§
§5-101. Short title
§
§5-102. Scope
§
§5-103. Definitions
§
§5-104. Formal requirements; signing
§
§5-105. Consideration
§
§5-106. Time and effect of establishment of credit
§
§5-107. Advice of credit; confirmation; error in statement of terms
§
§5-108. "Notation credit"; exhaustion of credit
§
§5-109. Issuer's obligations to its customer
§
§5-110. Availability of credit in portions; presenter's reservation of lien or claim
§
§5-111. Warranties on transfer and presentment
§
§5-112. Time allowed for honor or rejection; withholding honor or rejection by consent; "presenter"
§
§5-113. Indemnities
§
§5-114. Issuer's duty and privilege to honor; right to reimbursement
§
§5-115. Remedy for improper dishonor anticipatory repudiation
§
§5-116. Transfer and assignment
§
§5-117. Insolvency of bank holding funds for documentary credit
§
§5-1101. Short title
§
§5-1102. Definitions
§
§5-1103. Scope
§
§5-1104. Formal requirements
§
§5-1105. Consideration
§
§5-1106. Issuance, amendment, cancellation and duration
§
§5-1107. Confirmer, nominated person and adviser
§
§5-1108. Issuer's rights and obligations
§
§5-1109. Fraud and forgery
§
§5-1110. Warranties
§
§5-1111. Remedies
§
§5-1112. Transfer of letter of credit
§
§5-1113. Transfer by operation of law
§
§5-1114. Assignment of proceeds
§
§5-1115. Statute of limitations
§
§5-1116. Choice of law and forum
§
§5-1117. Subrogation of issuer, applicant and nominated person
§
§5-1118. Security interest of issuer or nominated person
§
§6-101. Short title
§
§6-102. "Bulk transfer"; transfers of equipment; enterprises subject to this Article; bulk transfers subject to this Article
§
§6-103. Transfers excepted from this Article
§
§6-104. Schedule of property, list of creditors
§
§6-105. Notice to creditors
§
§6-106. The notice
§
§6-107. Auction sales; "auctioneer"
§
§6-108. What creditors protected
§
§6-109. Subsequent transfers
§
§6-110. Limitation of actions and levies
§
§7-101. Short title
§
§7-102. Definitions and index of definitions
§
§7-103. Relation of Article to treaty, statute, tariff, classification or regulation
§
§7-104. Negotiable and nonnegotiable warehouse receipt, bill of lading or other document of title
§
§7-105. Construction against negative implication
§
§7-201. Who may issue a warehouse receipt; storage under government bond
§
§7-202. Form of warehouse receipt; essential terms; optional terms
§
§7-203. Liability for nonreceipt or misdescription
§
§7-204. Duty of care; contractual limitation of warehouseman's liability
§
§7-205. Title under warehouse receipt defeated in certain cases
§
§7-206. Termination of storage at warehouseman's option
§
§7-207. Goods must be kept separate; fungible goods
§
§7-208. Altered warehouse receipts
§
§7-209. Lien of warehouseman
§
§7-210. Enforcement of warehouseman's lien
§
§7-301. Liability for nonreceipt or misdescription; "said to contain"; "shipper's load and count"; improper handling
§
§7-302. Through bills of lading and similar documents
§
§7-303. Diversion; reconsignment; change of instructions
§
§7-304. Bills of lading in a set
§
§7-305. Destination bills
§
§7-306. Altered bill of lading
§
§7-307. Lien of carrier
§
§7-308. Enforcement of carrier's lien
§
§7-309. Duty of care; contractual limitation of carrier's liability
§
§7-401. Irregularities in issue of receipt or bill or conduct of issuer
§
§7-402. Duplicate receipt or bill; overissue
§
§7-403. Obligation of warehouseman or carrier to deliver; excuse
§
§7-404. No liability for good faith delivery pursuant to receipt or bill
§
§7-501. Form of negotiation and requirements of "due negotiation"
§
§7-502. Rights acquired by due negotiation
§
§7-503. Document of title to goods defeated in certain cases
§
§7-504. Rights acquired in the absence of due negotiations; effect of diversion; seller's stoppage of delivery
§
§7-505. Indorser not a guarantor for other parties
§
§7-506. Delivery without indorsement; right to compel indorsement
§
§7-507. Warranties on negotiation or transfer of receipt or bill
§
§7-508. Warranties of collecting bank as to documents
§
§7-509. Receipt or bill; when adequate compliance with commercial contract
§
§7-601. Lost and missing documents
§
§7-602. Attachment of goods covered by a negotiable document
§
§7-603. Conflicting claims; interpleader
§
§7-1101. Short title
§
§7-1102. Definitions and index of definitions
§
§7-1103. Relation of Article to treaty or statute
§
§7-1104. Negotiable and nonnegotiable document of title
§
§7-1105. Reissuance in alternative medium
§
§7-1106. Control of electronic document of title
§
§7-1201. Person that may issue a warehouse receipt; storage under bond
§
§7-1202. Form of warehouse receipt; effect of omission
§
§7-1203. Liability for nonreceipt or misdescription
§
§7-1204. Duty of care; contractual limitation of warehouse's liability
§
§7-1205. Title under warehouse receipt defeated in certain cases
§
§7-1206. Termination of storage at warehouse's option
§
§7-1207. Goods must be kept separate; fungible goods
§
§7-1208. Altered warehouse receipts
§
§7-1209. Lien of warehouse
§
§7-1210. Enforcement of warehouse's lien
§
§7-1301. Liability for nonreceipt or misdescription; "said to contain;" "shipper's weight, load, and count;" improper handling
§
§7-1302. Through bills of lading and similar documents of title
§
§7-1303. Diversion; reconsignment; change of instructions
§
§7-1304. Tangible bills of lading in a set
§
§7-1305. Destination bills
§
§7-1306. Altered bills of lading
§
§7-1307. Lien of carrier
§
§7-1308. Enforcement of carrier's lien
§
§7-1309. Duty of care; contractual limitation of carrier's liability
§
§7-1401. Irregularities in issue of receipt or bill or conduct of issuer
§
§7-1402. Duplicate document of title; overissue
§
§7-1403. Obligation of bailee to deliver; excuse
§
§7-1404. No liability for good faith delivery pursuant to document of title
§
§7-1501. Form of negotiation and requirements of due negotiation
§
§7-1502. Rights acquired by due negotiation
§
§7-1503. Document of title to goods defeated in certain cases
§
§7-1504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery
§
§7-1505. Indorser not guarantor for other parties
§
§7-1506. Delivery without indorsement; right to compel indorsement
§
§7-1507. Warranties on negotiation or delivery of document of title
§
§7-1508. Warranties of collecting bank as to documents of title
§
§7-1509. Adequate compliance with commercial contract
§
§7-1601. Lost, stolen or destroyed documents of title
§
§7-1602. Judicial process against goods covered by negotiable document of title
§
§7-1603. Conflicting claims; interpleader
§
§7-1701. Effective date
§
§7-1702. Applicability
§
§7-1703. Savings clause
§
§8-101. Short title; inconsistency with Uniform Act for Simplification of Fiduciary Security Transfers
§
§8-102. Definitions and index of definitions
§
§8-103. Issuer's lien
§
§8-104. Effect of overissue; "overissue"
§
§8-105. Certificated securities negotiable; statements and instructions not negotiable; presumptions
§
§8-106. Applicability
§
§8-107. Securities transferable; action for price
§
§8-108. Registration of pledge and release of uncertificated securities
§
§8-201. "Issuer"
§
§8-202. Issuer's responsibility and defenses; notice of defect or defense
§
§8-203. Staleness as notice of defects or defenses
§
§8-204. Effect of issuer's restrictions on transfer
§
§8-205. Effect of unauthorized signature on certificated security or initial transaction statement
§
§8-206. Completion or alteration of certificated security or initial transaction statement
§
§8-207. Rights and duties of issuer with respect to registered owners and registered pledgees
§
§8-208. Effect of signature of authenticating trustee, registrar or transfer agent
§
§8-301. Rights acquired by purchaser
§
§8-302. "Bona fide purchaser"; "adverse claim"; title acquired by bona fide purchaser
§
§8-303. "Broker"
§
§8-304. Notice to purchaser of adverse claims
§
§8-305. Staleness as notice of adverse claims
§
§8-306. Warranties on presentment and transfer of certificated securities; warranties of originators of instructions
§
§8-307. Effect of delivery without indorsement; right to compel indorsement
§
§8-308. Indorsement; instructions
§
§8-309. Effect of indorsement without delivery
§
§8-310. Indorsement of certificated security in bearer form
§
§8-311. Effect of unauthorized indorsement or instruction
§
§8-312. Effect of guaranteeing signature, indorsement or instruction
§
§8-313. When transfer to purchaser occurs: Financial intermediary as bona fide purchaser; "financial intermediary"
§
§8-314. Duty to transfer, when completed
§
§8-315. Action against transferee based upon wrongful transfer
§
§8-316. Purchaser's right to requisites for registration of transfer, pledge, or release on books
§
§8-317. Creditors' rights
§
§8-318. No conversion by good faith conduct
§
§8-319. Statute of frauds
§
§8-320. Transfer or pledge within central depository system
§
§8-321. Enforceability, attachment, perfection and termination of security interests
§
§8-401. Duty of issuer to register transfer, pledge, or release
§
§8-402. Assurance that indorsements and instructions are effective
§
§8-403. Issuer's duty as to adverse claims
§
§8-404. Liability and nonliability for registration
§
§8-405. Lost, destroyed, and stolen certificated securities
§
§8-406. Duty of authenticating trustee, transfer agent, or registrar
§
§8-407. Exchangeability of securities
§
§8-408. Statements of uncertificated securities
§
§8-1101. Short title
§
§8-1102. Definitions
§
§8-1103. Rules for determining whether certain obligations and interests are securities or financial assets
§
§8-1104. Acquisition of security or financial asset or interest in a security or financial asset
§
§8-1105. Notice of adverse claim
§
§8-1106. Control
§
§8-1107. Whether indorsement, instruction or entitlement order is effective
§
§8-1108. Warranties in direct holding
§
§8-1109. Warranties in indirect holding
§
§8-1110. Applicability; choice of law
§
§8-1111. Clearing corporation rules
§
§8-1112. Creditor's legal process
§
§8-1113. Statute of frauds inapplicable
§
§8-1114. Evidentiary rules concerning certificated securities
§
§8-1115. Securities intermediary and others not liable to adverse claimant
§
§8-1116. Securities intermediary as purchaser for value
§
§8-1201. Issuer
§
§8-1202. Issuer's responsibility and defenses; notice of defect or defense
§
§8-1203. Staleness as notice of defect or defense
§
§8-1204. Effect of issuer's restriction on transfer
§
§8-1205. Effect of unauthorized signature on security certificate
§
§8-1206. Completion or alteration of security certificate
§
§8-1207. Rights and duties of issuer with respect to registered owners
§
§8-1208. Effect of signature of authenticating trustee, registrar or transfer agent
§
§8-1209. Issuer's lien
§
§8-1210. Overissue
§
§8-1301. Delivery
§
§8-1302. Rights of purchaser
§
§8-1303. Protected purchaser
§
§8-1304. Indorsement
§
§8-1305. Instruction
§
§8-1306. Effect of guaranteeing signature, indorsement or instruction
§
§8-1307. Purchaser's right to requisites for registration of transfer
§
§8-1401. Duty of issuer to register transfer
§
§8-1402. Assurance that indorsement or instruction is effective
§
§8-1403. Demand that issuer not register transfer
§
§8-1404. Wrongful registration
§
§8-1405. Replacement of lost, destroyed or wrongfully taken security certificate
§
§8-1406. Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate
§
§8-1407. Authenticating trustee, transfer agent and registrar
§
§8-1501. Securities account; acquisition of security entitlement from securities intermediary
§
§8-1502. Assertion of adverse claim against entitlement holder
§
§8-1503. Property interest of entitlement holder in financial asset held by securities intermediary
§
§8-1504. Duty of securities intermediary to maintain financial asset
§
§8-1505. Duty of securities intermediary with respect to payments and distributions
§
§8-1506. Duty of securities intermediary to exercise rights as directed by entitlement holder
§
§8-1507. Duty of securities intermediary to comply with entitlement order
§
§8-1508. Duty of securities intermediary to change entitlement holder's position to other form of security holding
§
§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 of entitlement holder
§
§8-1510. Rights of purchaser of security entitlement from entitlement holder
§
§8-1511. Priority among security interests and entitlement holders
§
§9-101. Short title
§
§9-102. Policy and scope of Article
§
§9-103. Perfection of security interests in multiple state transactions
§
§9-103-A. Perfection of security interest in multiple state transactions
§
§9-104. Transactions excluded from Article
§
§9-105. Definitions and index of definitions
§
§9-106. Definitions: "Account;" "general intangibles"
§
§9-107. Definitions: "purchase money security interest"
§
§9-108. When after-acquired collateral not security for antecedent debt
§
§9-109. Classification of goods: "consumer goods"; "equipment"; "farm products"; "inventory"
§
§9-110. Sufficiency of description
§
§9-111. Applicability of bulk transfer laws
§
§9-112. Where collateral is not owned by debtor
§
§9-113. Security interests arising under Article on sales
§
§9-114. Consignment
§
§9-115. Investment property
§
§9-116. Security interest arising in purchase or delivery of financial asset
§
§9-201. General validity of security agreement
§
§9-202. Title to collateral immaterial
§
§9-203. Attachment and enforceability of security interest; proceeds, formal requisites
§
§9-204. After-acquired property; future advances
§
§9-205. Use or disposition of collateral without accounting permissible
§
§9-206. Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists
§
§9-207. Rights and duties when collateral is in secured party's possession
§
§9-208. Request for statement of account or list of collateral
§
§9-301. Persons who take priority over unperfected security interests; rights of "lien creditor"
§
§9-302. When filing is required to perfect security interest; security interests to which filing provisions of this Article do not apply
§
§9-303. When security interest is perfected; continuity of perfection
§
§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; temporary perfection without filing or transfer of possession
§
§9-305. When possession by secured party perfects security interest without filing
§
§9-306. "Proceeds"; secured party's rights on disposition of collateral
§
§9-307. Protection of buyers of goods
§
§9-308. Purchase of chattel paper and instruments
§
§9-309. Protection of purchasers of instruments, documents and securities
§
§9-310. Priority of certain liens arising by operation of law
§
§9-311. Alienability of debtor's rights: judicial process
§
§9-312. Priorities among conflicting security interests in the same collateral
§
§9-313. Priority of security interests in fixtures
§
§9-314. Accessions
§
§9-315. Priority when goods are commingled or processed
§
§9-316. Priority subject to subordination
§
§9-317. Secured party not obligated on contract of debtor
§
§9-318. Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; indentification and proof of assignment
§
§9-401. Place of filing; erroneous filing; removal of collateral
§
§9-401-A. Place of filing; erroneous filing; removal of collateral
§
§9-402. Formal requisites of financing statements; amendments; mortgages as financing statements
§
§9-403. What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer
§
§9-404. Termination statement
§
§9-405. Assignment of security interest; duties of filing officer; fees
§
§9-406. Release of collateral; duties of filing officer; fees
§
§9-407. Information from filing officer
§
§9-408. Financing statements covering consigned or leased goods
§
§9-408-A. Financing statements covering consigned or leased goods
§
§9-409. Expedited service
§
§9-410. Access to Secretary of State's database
§
§9-411. Publications
§
§9-412. Federal tax liens
§
§9-413. Powers of the Secretary of State
§
§9-501. Default; procedure when security agreement covers both real and personal property
§
§9-502. Collection rights of secured party
§
§9-503. Secured party's right to take possession after default
§
§9-504. Secured party's right to dispose of collateral after default; effect of disposition
§
§9-505. Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation
§
§9-506. Debtor's right to redeem collateral
§
§9-507. Secured party's liability for failure to comply with this part
§
§9-1101. Short title
§
§9-1102. Definitions and index of definitions
§
§9-1103. Purchase-money security interest; application of payments; burden of establishing
§
§9-1103-A. Production-money crops; production-money obligation; production-money security interest; burden of establishing
§
§9-1104. Control of deposit account
§
§9-1105. Control of electronic chattel paper
§
§9-1105-A. Control of electronic copy of record evidencing chattel paper
§
§9-1106. Control of investment property
§
§9-1107. Control of letter-of-credit right
§
§9-1107-A. Control of controllable electronic record, controllable account or controllable payment intangible
§
§9-1107-B. No requirement to acknowledge or confirm; no duties
§
§9-1108. Sufficiency of description
§
§9-1109. Scope
§
§9-1110. Security interests arising under Article 2 or 2-A
§
§9-1201. General effectiveness of security agreement
§
§9-1202. Title to collateral immaterial
§
§9-1203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites
§
§9-1204. After-acquired property; future advances
§
§9-1205. Use or disposition of collateral permissible
§
§9-1206. Security interest arising in purchase or delivery of financial asset
§
§9-1207. Rights and duties of secured party having possession or control of collateral
§
§9-1208. Additional duties of secured party having control of collateral
§
§9-1209. Duties of secured party if account debtor has been notified of assignment
§
§9-1210. Request for accounting; request regarding list of collateral or statement of account
§
§9-1301. Law governing perfection and priority of security interests
§
§9-1302. Law governing perfection and priority of agricultural liens
§
§9-1303. Law governing perfection and priority of security interests in goods covered by certificate of title
§
§9-1304. Law governing perfection and priority of security interests in deposit accounts
§
§9-1305. Law governing perfection and priority of security interests in investment property
§
§9-1306. Law governing perfection and priority of security interests in letter-of-credit rights
§
§9-1306-A. Law governing perfection and priority of security interests in chattel paper
§
§9-1306-B. Law governing perfection and priority of security interests in controllable accounts, controllable electronic records and controllable payment intangibles
§
§9-1307. Location of debtor
§
§9-1308. When security interest or agricultural lien is perfected; continuity of perfection
§
§9-1309. Security interest perfected upon attachment
§
§9-1310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
§
§9-1311. Perfection of security interests in property subject to certain statutes, regulations and treaties
§
§9-1312. Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, negotiable documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money; perfection by permissive filing; temporary perfection without filing or transfer of possession
§
§9-1313. When possession by or delivery to secured party perfects security interest without filing
§
§9-1314. Perfection by control
§
§9-1314-A. Perfection by possession and control of chattel paper
§
§9-1315. Secured party's rights on disposition of collateral and in proceeds
§
§9-1316. Effect of change in governing law
§
§9-1317. Interests that take priority over or take free of security interest or agricultural lien
§
§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
§
§9-1319. Rights and title of consignee with respect to creditors and purchasers
§
§9-1320. Buyer of goods
§
§9-1321. Licensee of general intangible and lessee of goods in ordinary course of business
§
§9-1322. Priorities among conflicting security interests in and agricultural liens on same collateral
§
§9-1323. Future advances
§
§9-1324. Priority of purchase-money security interests
§
§9-1324-A. Priority of production-money security interests and agricultural liens
§
§9-1325. Priority of security interests in transferred collateral
§
§9-1326. Priority of security interests created by new debtor
§
§9-1326-A. Priority of security interest in controllable account, controllable electronic record and controllable payment intangible
§
§9-1327. Priority of security interests in deposit account
§
§9-1328. Priority of security interests in investment property
§
§9-1329. Priority of security interests in letter-of-credit right
§
§9-1330. Priority of purchaser of chattel paper or instrument
§
§9-1331. Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments and securities under other Articles; priority of interests in financial assets and security entitlements and protection against assertion of claim under Articles 8-A and 12
§
§9-1332. Transfer of money; transfer of funds from deposit account
§
§9-1333. Priority of certain liens arising by operation of law
§
§9-1334. Priority of security interests in fixtures and crops
§
§9-1335. Accessions
§
§9-1336. Commingled goods
§
§9-1337. Priority of security interests in goods covered by certificate of title
§
§9-1338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
§
§9-1339. Priority subject to subordination
§
§9-1340. Effectiveness of right of recoupment or setoff against deposit account
§
§9-1341. Bank's rights and duties with respect to deposit account
§
§9-1342. Bank's right to refuse to enter into or disclose existence of control agreement
§
§9-1401. Alienability of debtor's rights
§
§9-1402. Secured party not obligated on contract of debtor or in tort
§
§9-1403. Agreement not to assert defenses against assignee
§
§9-1404. Rights acquired by assignee; claims and defenses against assignee
§
§9-1405. Modification of assigned contract
§
§9-1406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
§
§9-1407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
§
§9-1408. Restrictions on assignment of promissory notes, health-care-insurance receivables and certain general intangibles ineffective
§
§9-1409. Restrictions on assignment of letter-of-credit rights ineffective
§
§9-1501. Filing office
§
§9-1502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement
§
§9-1503. Name of debtor and secured party
§
§9-1504. Indication of collateral
§
§9-1505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions
§
§9-1506. Effect of errors or omissions
§
§9-1507. Effect of certain events on effectiveness of financing statement
§
§9-1508. Effectiveness of financing statement if new debtor becomes bound by security agreement
§
§9-1509. Persons entitled to file a record
§
§9-1510. Effectiveness of filed record
§
§9-1511. Secured party of record
§
§9-1512. Amendment of financing statement
§
§9-1513. Termination statement
§
§9-1514. Assignment of powers of secured party of record
§
§9-1515. Duration and effectiveness of financing statement; effect of lapsed financing statement
§
§9-1516. What constitutes filing; effectiveness of filing
§
§9-1517. Effect of indexing errors
§
§9-1518. Claim concerning inaccurate or wrongfully filed record
§
§9-1519. Numbering, maintaining and indexing records; communicating information provided in records
§
§9-1520. Acceptance and refusal to accept record
§
§9-1521. Uniform form of written financing statement and amendment
§
§9-1522. Maintenance and destruction of records
§
§9-1523. Information from filing office; sale or license of records
§
§9-1524. Delay by filing office
§
§9-1525. Fees
§
§9-1526. Filing-office rules
§
§9-1601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes
§
§9-1602. Waiver and variance of rights and duties
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§9-1603. Agreement on standards concerning rights and duties
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§9-1604. Procedure if security agreement covers real property or fixtures
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§9-1605. Unknown debtor or secondary obligor
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§9-1606. Time of default for agricultural lien
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§9-1607. Collection and enforcement by secured party
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§9-1608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
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§9-1609. Secured party's right to take possession after default
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§9-1610. Disposition of collateral after default
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§9-1611. Notification before disposition of collateral
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§9-1612. Timeliness of notification before disposition of collateral
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§9-1613. Contents and form of notification before disposition of collateral: general
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§9-1614. Contents and form of notification before disposition of collateral: consumer-goods transaction
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§9-1615. Application of proceeds of disposition; liability for deficiency and right to surplus
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§9-1616. Explanation of calculation of surplus or deficiency
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§9-1617. Rights of transferee of collateral
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§9-1618. Rights and duties of certain secondary obligors
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§9-1619. Transfer of record or legal title
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§9-1620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
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§9-1621. Notification of proposal to accept collateral
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§9-1622. Effect of acceptance of collateral
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§9-1623. Right to redeem collateral
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§9-1624. Waiver
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§9-1625. Remedies for secured party's failure to comply with Article
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§9-1626. Action in which deficiency or surplus is in issue
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§9-1627. Determination of whether conduct was commercially reasonable
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§9-1628. Nonliability and limitation on liability of secured party; liability of secondary obligor
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§9-1701. Effective date
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§9-1702. Savings clause
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§9-1703. Security interest perfected before effective date
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§9-1704. Security interest unperfected before effective date
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§9-1705. Effectiveness of action taken before effective date
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§9-1706. When initial financing statement suffices to continue effectiveness of financing statement
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§9-1707. Amendment of preeffective-date financing statement
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§9-1708. Persons entitled to file initial financing statement or continuation statement
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§9-1709. Priority
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§10-101. Definitions; retroactivity
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§10-102. Preservation of old transition provision
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§10-103. Transition to the new code; general rule
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§10-104. Transition provision on change of requirement of filing
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§10-105. Transition provision on change of place of filing
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§10-106. Required refilings
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§10-107. Transition provisions as to priorities
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§10-108. Presumption that rule of law continues unchanged
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§12-101. Short title
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§12-102. Definitions
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§12-103. Relation to Article 9-A and consumer laws
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§12-104. Rights in controllable account, controllable electronic record and controllable payment intangible
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§12-105. Control of controllable electronic record
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§12-106. Discharge of account debtor on controllable account or controllable payment intangible
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§12-107. Governing law
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§15-101. Short title
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§15-102. Definitions
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§15-201. Savings clause
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§15-301. Savings clause
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§15-302. Security interest perfected before effective date
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§15-303. Security interest unperfected before effective date
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§15-304. Effectiveness of actions taken before July 1, 2025
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§15-305. Priority
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§15-306. Priority of claims when priority rules of Article 9-A do not apply