Uniform Commercial Code

Overview

Sections covered

• N.Y. U.C.C. 1-101Short Titles
• N.Y. U.C.C. 1-102Scope of Article
• N.Y. U.C.C. 1-103Construction of Uniform Commercial Code to Promote its Purposes and Policies; Applicability of Supplemental Principles of Law
• N.Y. U.C.C. 1-104Construction Against Implied Repeal
• N.Y. U.C.C. 1-105Severability
• N.Y. U.C.C. 1-106Use of Singular and Plural; Gender
• N.Y. U.C.C. 1-107Section Captions
• N.Y. U.C.C. 1-108Relation to Electronic Signatures in Global and National Commerce Act
• N.Y. U.C.C. 1-201General Definitions
• N.Y. U.C.C. 1-202Notice; Knowledge
• N.Y. U.C.C. 1-203Lease Distinguished From Security Interest1 cite
• N.Y. U.C.C. 1-204Value
• N.Y. U.C.C. 1-205Reasonable Time; Seasonableness
• N.Y. U.C.C. 1-206Presumptions
• N.Y. U.C.C. 1-207Statute of Frauds for Kinds of Personal Property Not Otherwise Covered
• N.Y. U.C.C. 1-301Territorial Applicability; Parties' Power to Choose Applicable Law
• N.Y. U.C.C. 1-302Variation by Agreement
• N.Y. U.C.C. 1-303Course of Performance, Course of Dealing, and Usage of Trade
• N.Y. U.C.C. 1-304Obligation of Good Faith
• N.Y. U.C.C. 1-305Remedies to be Liberally Administered
• N.Y. U.C.C. 1-306Waiver or Renunciation of Claim or Right After Breach
• N.Y. U.C.C. 1-307Prima Facie evidence by Third-party Documents
• N.Y. U.C.C. 1-308Performance or Acceptance Under Reservation of Rights
• N.Y. U.C.C. 1-309Option to Accelerate at Will
• N.Y. U.C.C. 1-310Subordinated Obligations
• N.Y. U.C.C. 5-101Short title
• N.Y. U.C.C. 5-102Definitions
• N.Y. U.C.C. 5-103Scope
• N.Y. U.C.C. 5-104Formal requirements
• N.Y. U.C.C. 5-105Consideration
• N.Y. U.C.C. 5-106Issuance, amendment, cancellation, and duration
• N.Y. U.C.C. 5-107Confirmer, nominated person, and advisor
• N.Y. U.C.C. 5-108Issuer's rights and obligations
• N.Y. U.C.C. 5-109Fraud and forgery2 cites
• N.Y. U.C.C. 5-110Warranties
• N.Y. U.C.C. 5-111Remedies
• N.Y. U.C.C. 5-112Transfer of letter of credit
• N.Y. U.C.C. 5-113Transfer by operation of law
• N.Y. U.C.C. 5-114Assignment of proceeds
• N.Y. U.C.C. 5-115Statute of limitations
• N.Y. U.C.C. 5-116Choice of law and forum
• N.Y. U.C.C. 5-117Subrogation of issuer, applicant, and nominated person
• N.Y. U.C.C. 5-118Security Interest of Issuer or Nominated Person
• N.Y. U.C.C. 5-119Applicability
• N.Y. U.C.C. 5-120Savings clause
• N.Y. U.C.C. 7-101Short title
• N.Y. U.C.C. 7-102Definitions and Index of Definitions
• N.Y. U.C.C. 7-103Relation of Article to Treaty or Statute
• N.Y. U.C.C. 7-104Negotiable and Nonnegotiable Document of Title
• N.Y. U.C.C. 7-105Reissuance in Alternative Medium
• N.Y. U.C.C. 7-106Control of Electronic Document of Title
• N.Y. U.C.C. 7-201Person That May Issue a Warehouse Receipt; Storage Under Bond
• N.Y. U.C.C. 7-202Form of Warehouse Receipt; Effect of Omission
• N.Y. U.C.C. 7-203Liability for Nonreceipt or Misdescription
• N.Y. U.C.C. 7-204Duty of Care; Contractual Limitation of Warehouse's Liability
• N.Y. U.C.C. 7-205Title Under Warehouse Receipt Defeated in Certain Cases
• N.Y. U.C.C. 7-206Termination of Storage at Warehouse's Option
• N.Y. U.C.C. 7-207Goods Must Be Kept Separate; Fungible Goods
• N.Y. U.C.C. 7-208Altered Warehouse Receipts
• N.Y. U.C.C. 7-209Lien of Warehouse
• N.Y. U.C.C. 7-210Enforcement of Warehouse's Lien1 cite
• N.Y. U.C.C. 7-301Liability for Nonreceipt or Misdescription; "Said to Contain"; "Shipper's Weight, Load, and Count"; Improper Handling
• N.Y. U.C.C. 7-302Through Bills of Lading and Similar Documents of Title
• N.Y. U.C.C. 7-303Diversion; Reconsignment; Change of Instructions
• N.Y. U.C.C. 7-304Tangible Bills of Lading in a Set
• N.Y. U.C.C. 7-305Destination Bills
• N.Y. U.C.C. 7-306Altered Bills of Lading
• N.Y. U.C.C. 7-307Lien of Carrier
• N.Y. U.C.C. 7-308Enforcement of Carrier's Lien
• N.Y. U.C.C. 7-309Duty of Care; Contractual Limitation of Carrier's Liability
• N.Y. U.C.C. 7-401Irregularities in Issue of Receipt or Bill or Conduct of Issuer
• N.Y. U.C.C. 7-402Duplicate Document of Title; Overissue
• N.Y. U.C.C. 7-403Obligation of Bailee to Deliver; Excuse
• N.Y. U.C.C. 7-404No Liability for Good-Faith Delivery Pursuant to Document of Title
• N.Y. U.C.C. 7-501Form of Negotiation and Requirements of Due Negotiation
• N.Y. U.C.C. 7-502Rights Acquired by Due Negotiation
• N.Y. U.C.C. 7-503Document of Title to Goods Defeated in Certain Cases
• N.Y. U.C.C. 7-504Rights Acquired in Absence of Due Negotiation; Effect of Diversion; Stoppage of Delivery
• N.Y. U.C.C. 7-505Indorser Not Guarantor for Other Parties
• N.Y. U.C.C. 7-506Delivery Without Indorsement: Right to Compel Indorsement
• N.Y. U.C.C. 7-507Warranties on Negotiation or Delivery of Document of Title
• N.Y. U.C.C. 7-508Warranties of Collecting Bank as to Documents of Title
• N.Y. U.C.C. 7-509Adequate Compliance With Commercial Contract
• N.Y. U.C.C. 7-601Lost, Stolen, or Destroyed Documents of Title
• N.Y. U.C.C. 7-602Judicial Process Against Goods Covered by Negotiable Document of Title
• N.Y. U.C.C. 7-603Conflicting Claims; Interpleader
• N.Y. U.C.C. 8-101Short Title
• N.Y. U.C.C. 8-102Definitions
• N.Y. U.C.C. 8-103Rules for Determining Whether Certain Obligations and Interests are Securities or Financial Assets
• N.Y. U.C.C. 8-104Acquisition of Security or Financial Asset or Interest Therein
• N.Y. U.C.C. 8-105Notice of Adverse Claim
• N.Y. U.C.C. 8-106Control
• N.Y. U.C.C. 8-107Whether Indorsement, Instruction, or Entitlement Order is Effective
• N.Y. U.C.C. 8-108Warranties in Direct Holding
• N.Y. U.C.C. 8-109Warranties in Indirect Holding
• N.Y. U.C.C. 8-110Applicability; Choice of Law
• N.Y. U.C.C. 8-111Clearing Corporation Rules
• N.Y. U.C.C. 8-112Creditor's Legal Process1 cite
• N.Y. U.C.C. 8-113Statute of Frauds Generally Inapplicable1 cite
• N.Y. U.C.C. 8-114Evidentiary Rules Concerning Certificated Securities
• N.Y. U.C.C. 8-115Securities Intermediary and Others Not Liable to Adverse Claimant
• N.Y. U.C.C. 8-116Securities Intermediary as Purchaser for Value
• N.Y. U.C.C. 9-101Short Title
• N.Y. U.C.C. 9-102Definitions And Index of Definitions
• N.Y. U.C.C. 9-103Purchase-money Security Interest; Application of Payments; Burden of Establishing
• N.Y. U.C.C. 9-104Control of Deposit Account
• N.Y. U.C.C. 9-105Control of Electronic Copy of Record Evidencing Chattel Paper
• N.Y. U.C.C. 9-105aControl of Electronic Money
• N.Y. U.C.C. 9-106Control of Investment Property
• N.Y. U.C.C. 9-107Control of Letter-of-credit Right
• N.Y. U.C.C. 9-107aControl of Controllable Electronic Record, Controllable Account, or Controllable Payment Intangible
• N.Y. U.C.C. 9-107bNo Requirement to Acknowledge or Confirm; No Duties
• N.Y. U.C.C. 9-108Sufficiency of Description
• N.Y. U.C.C. 9-109Scope2 cites
• N.Y. U.C.C. 9-110Security Interests Arising Under Article 2 or 2-A
• N.Y. U.C.C. 9-201General Effectiveness of Security Agreement
• N.Y. U.C.C. 9-202Title to Collateral Immaterial
• N.Y. U.C.C. 9-203Attachment and Enforceability of Security Interest; Proceeds; Supporting Obligations; Formal Requisites
• N.Y. U.C.C. 9-204After-acquired Property; Future Advances
• N.Y. U.C.C. 9-205Use or Disposition of Collateral Permissible
• N.Y. U.C.C. 9-206Security Interest Arising in Purchase or Delivery of Financial Asset
• N.Y. U.C.C. 9-207Rights and Duties of Secured Party Having Possession or Control of Collateral
• N.Y. U.C.C. 9-208Additional Duties of Secured Party Having Control of Collateral
• N.Y. U.C.C. 9-209Duties of Secured Party If Account Debtor Has Been Notified of Assignment
• N.Y. U.C.C. 9-210Request for Accounting; Request Regarding List of Collateral or Statement of Account
• N.Y. U.C.C. 9-301Law Governing Perfection and Priority of Security Interests
• N.Y. U.C.C. 9-302Law Governing Perfection and Priority of Agricultural Liens
• N.Y. U.C.C. 9-303Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title
• N.Y. U.C.C. 9-304Law Governing Perfection and Priority of Security Interests in Deposit Accounts
• N.Y. U.C.C. 9-305Law Governing Perfection and Priority of Security Interests in Investment Property
• N.Y. U.C.C. 9-306Law Governing Perfection and Priority of Security Interests in Letter-of-credit Rights
• N.Y. U.C.C. 9-306aLaw Governing Perfection and Priority of Security Interests in Chattel Paper
• N.Y. U.C.C. 9-306bLaw Governing Perfection and Priority of Security Interests in Controllable Accounts, Controllable Electronic Records, and Controllable P..
• N.Y. U.C.C. 9-307Location of Debtor
• N.Y. U.C.C. 9-308When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfection
• N.Y. U.C.C. 9-309Security Interest Perfected upon Attachment
• N.Y. U.C.C. 9-310When Filing Required to Perfect Security Interest or Agricultural Lien; Security Interests and Agricultural Liens to Which Filing Provisi..
• N.Y. U.C.C. 9-311Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties
• N.Y. U.C.C. 9-312Perfection of Security Interests in Chattel Paper, Controllable Accounts, Controllable Electronic Records, Controllable Payment Intangibl..
• N.Y. U.C.C. 9-313When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing
• N.Y. U.C.C. 9-314Perfection by Control
• N.Y. U.C.C. 9-314aPerfection by Possession and Control of Chattel Paper
• N.Y. U.C.C. 9-315Secured Party's Rights on Disposition of Collateral and in Proceeds
• N.Y. U.C.C. 9-316Effect of Change in Governing Law
• N.Y. U.C.C. 9-317Interests That Take Priority over or Take Free of Security Interest or Agricultural Lien
• N.Y. U.C.C. 9-318No Interest Retained in Right to Payment That Is Sold; Rights and Title of Seller of Account or Chattel Paper with Respect to Creditors a..
• N.Y. U.C.C. 9-319Rights and Title of Consignee with Respect to Creditors and Purchasers1 cite
• N.Y. U.C.C. 9-320Buyer of Goods
• N.Y. U.C.C. 9-321Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business
• N.Y. U.C.C. 9-322Priorities among Conflicting Security Interests in and Agricultural Liens on Same Collateral
• N.Y. U.C.C. 9-323Future Advances
• N.Y. U.C.C. 9-324Priority of Purchase-money Security Interests
• N.Y. U.C.C. 9-325Priority of Security Interests in Transferred Collateral
• N.Y. U.C.C. 9-326Priority of Security Interests Created by New Debtor
• N.Y. U.C.C. 9-326aPriority of Security Interest in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible
• N.Y. U.C.C. 9-327Priority of Security Interests in Deposit Account
• N.Y. U.C.C. 9-328Priority of Security Interests in Investment Property
• N.Y. U.C.C. 9-329Priority of Security Interests in Letter-of-credit Right
• N.Y. U.C.C. 9-330Priority of Purchaser of Chattel Paper or Instrument
• N.Y. U.C.C. 9-331Priority of Rights of Purchasers of Controllable Accounts, Controllable Electronic Records, Controllable Payment Intangibles, Documents, ..
• N.Y. U.C.C. 9-332Transfer of Money; Transfer of Funds from Deposit Account
• N.Y. U.C.C. 9-333Priority of Certain Liens Arising by Operation of Law
• N.Y. U.C.C. 9-334Priority of Security Interests in Fixtures and Crops
• N.Y. U.C.C. 9-335Accessions
• N.Y. U.C.C. 9-336Commingled Goods
• N.Y. U.C.C. 9-337Priority of Security Interests in Goods Covered by Certificate of Title
• N.Y. U.C.C. 9-338Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information
• N.Y. U.C.C. 9-339Priority Subject to Subordination
• N.Y. U.C.C. 9-340Effectiveness of Right of Recoupment or Set-off Against Deposit Account
• N.Y. U.C.C. 9-341Bank's Rights and Duties with Respect to Deposit Account
• N.Y. U.C.C. 9-342Bank's Right to Refuse to Enter into or Disclose Existence of Control Agreement
• N.Y. U.C.C. 9-401Alienability of Debtor's Rights
• N.Y. U.C.C. 9-402Secured Party Not Obligated on Contract of Debtor or in Tort
• N.Y. U.C.C. 9-403Agreement Not to Assert Defenses Against Assignee
• N.Y. U.C.C. 9-404Rights Acquired by Assignee; Claims and Defenses Against Assignee
• N.Y. U.C.C. 9-405Modification of Assigned Contract
• N.Y. U.C.C. 9-406Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, ..
• N.Y. U.C.C. 9-407Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest
• N.Y. U.C.C. 9-408Restrictions on Assignment of Promissory Notes, Health-care-insurance Receivables, and Certain General Intangibles Ineffective
• N.Y. U.C.C. 9-409Restrictions on Assignment of Letter-of-credit Rights Ineffective
• N.Y. U.C.C. 9-501Filing Office
• N.Y. U.C.C. 9-502Contents of Financing Statement; Record of Mortgage as Financing Statement; Time of Filing Financing Statement; Contents of Cooperative A..
• N.Y. U.C.C. 9-503Name of Debtor and Secured Party
• N.Y. U.C.C. 9-504Indication of Collateral
• N.Y. U.C.C. 9-505Filing and Compliance with Other Statutes and Treaties for Consignments, Leases, Other Bailments, and Other Transactions
• N.Y. U.C.C. 9-506Effect of Errors or Omissions
• N.Y. U.C.C. 9-507Effect of Certain Events on Effectiveness of Financing Statement
• N.Y. U.C.C. 9-508Effectiveness of Financing Statement If New Debtor Becomes Bound by Security Agreement
• N.Y. U.C.C. 9-509Persons Entitled to File a Record
• N.Y. U.C.C. 9-510Effectiveness of Filed Record
• N.Y. U.C.C. 9-511Secured Party of Record
• N.Y. U.C.C. 9-512Amendment of Financing Statement
• N.Y. U.C.C. 9-513Termination Statement
• N.Y. U.C.C. 9-514Assignment of Powers of Secured Party of Record
• N.Y. U.C.C. 9-515Duration and Effectiveness of Financing Statement; Effect of Lapsed Financing Statement2 cites
• N.Y. U.C.C. 9-516What Constitutes Filing; Effectiveness of Filing
• N.Y. U.C.C. 9-517Effect of Indexing Errors
• N.Y. U.C.C. 9-518Claim Concerning Inaccurate or Wrongfully Filed Record
• N.Y. U.C.C. 9-519Numbering, Maintaining, and Indexing Records; Communicating Information Provided in Records
• N.Y. U.C.C. 9-520Acceptance and Refusal to Accept Record
• N.Y. U.C.C. 9-521Uniform Form of Written Financing Statement; Amendment; and Cooperative Addendum
• N.Y. U.C.C. 9-522Maintenance and Destruction of Records
• N.Y. U.C.C. 9-523Information from Filing Office; Sale or License of Records
• N.Y. U.C.C. 9-524Delay by Filing Office
• N.Y. U.C.C. 9-525Fees
• N.Y. U.C.C. 9-526Filing-office Rules
• N.Y. U.C.C. 9-527Duty to Report
• N.Y. U.C.C. 9-601Rights after Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes
• N.Y. U.C.C. 9-602Waiver and Variance of Rights and Duties1 cite
• N.Y. U.C.C. 9-603Agreement on Standards Concerning Rights and Duties
• N.Y. U.C.C. 9-604Procedure If Security Agreement Covers Real Property, Fixtures, or Cooperative Interests
• N.Y. U.C.C. 9-605Unknown Debtor or Secondary Obligor
• N.Y. U.C.C. 9-606Time of Default for Agricultural Lien
• N.Y. U.C.C. 9-607Collection and Enforcement by Secured Party
• N.Y. U.C.C. 9-608Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus
• N.Y. U.C.C. 9-609Secured Party's Right to Take Possession after Default1 cite
• N.Y. U.C.C. 9-610Disposition of Collateral after Default
• N.Y. U.C.C. 9-611Notification Before Disposition of Collateral
• N.Y. U.C.C. 9-612Timeliness of Notification Before Disposition of Collateral
• N.Y. U.C.C. 9-613Contents and Form of Notification Before Disposition of Collateral: General
• N.Y. U.C.C. 9-614Contents and Form of Notification Before Disposition of Collateral: Consumer-goods Transaction
• N.Y. U.C.C. 9-615Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus
• N.Y. U.C.C. 9-616Explanation of Calculation of Surplus or Deficiency
• N.Y. U.C.C. 9-617Rights of Transferee of Collateral
• N.Y. U.C.C. 9-618Rights and Duties of Certain Secondary Obligors
• N.Y. U.C.C. 9-619Transfer of Record or Legal Title
• N.Y. U.C.C. 9-620Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral
• N.Y. U.C.C. 9-621Notification of Proposal to Accept Collateral
• N.Y. U.C.C. 9-622Effect of Acceptance of Collateral
• N.Y. U.C.C. 9-623Right to Redeem Collateral
• N.Y. U.C.C. 9-624Waiver
• N.Y. U.C.C. 9-625Remedies for Secured Party's Failure to Comply with Article
• N.Y. U.C.C. 9-626Action in Which Deficiency or Surplus is in Issue1 cite
• N.Y. U.C.C. 9-627Determination of Whether Conduct Was Commercially Reasonable
• N.Y. U.C.C. 9-628Nonliability and Limitation on Liability of Secured Party; Liability of Secondary Obligor
• N.Y. U.C.C. 9-700Definitions
• N.Y. U.C.C. 9-701Effective Date
• N.Y. U.C.C. 9-702Savings Clause
• N.Y. U.C.C. 9-703Security Interest Perfected Before Effective Date
• N.Y. U.C.C. 9-704Security Interest Unperfected Before Effective Date
• N.Y. U.C.C. 9-705Effectiveness of Action Taken Before Effective Date
• N.Y. U.C.C. 9-706When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement
• N.Y. U.C.C. 9-707Amendment of Pre-effective-date Financing Statement
• N.Y. U.C.C. 9-708Persons Entitled to File Initial Financing Statement or Continuation Statement
• N.Y. U.C.C. 9-709Priority
• N.Y. U.C.C. 9-710Transitional Provision for Maintaining and Searching Local-Filing Office Records
• N.Y. U.C.C. 12-101Short title
• N.Y. U.C.C. 12-102Definitions
• N.Y. U.C.C. 12-103Relation to Article 9 and Consumer Laws
• N.Y. U.C.C. 12-104Rights in Controllable Account, Controllable Electronic Record, and Controllable Payment Intangible
• N.Y. U.C.C. 12-105Control of Controllable Electronic Record
• N.Y. U.C.C. 12-106Discharge of Account Debtor on Controllable Account or Controllable Payment Intangible
• N.Y. U.C.C. 12-107Governing Law