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Cornell law school ucc article 1 general provisions 2001. paragraph 101 short titles primary tabs a this act may be cited as the uniform commercial code b this article may be cited as uniform commercial code general provisions paragraph 102 scope of article primary tabs this article applies to a transaction to the extent that it is governed by another
Article of the uniform commercial code paragraph 103 construction of uniform commercial code to promote its purposes and policies applicability of supplemental principles of law primary tabs a the uniform commercial code must be liberally construed and applied to promote its underlying purposes and policies which are one to simplify clarify and modernize the
Law governing commercial transactions to to permit the continued expansion of commercial practices through custom usage and agreement of the parties and three to make uniform the law among the various jurisdictions be unless displaced by the particular provisions of the uniform commercial code the principles of law and equity including the law merchant and the
Law relative to capacity to contract principle and agent apple fraud misrepresentation duress coercion mistake bankruptcy and other validating or invalidating cause supplement its provisions paragraph 104 construction against implied repeal primary tabs the uniform commercial code being a general act intended as a unified coverage of its subject matter no
Part of it shall be deemed to be impliedly repealed by subsequent legislation if such construction can reasonably be avoided paragraph 105 severability primary tabs if any provision or clause of the uniform commercial code or its application to any person or circumstance is held invalid the invalidity does not affect other provisions or applications of the
Uniform commercial code which can be given effect without the invalid provision or application and to this end the provisions of the uniform commercial code are severable paragraph 106 use of singular and plural gender primary tabs in the uniform commercial code unless the statutory context otherwise requires one words in the singular number include the plural
And those in the plural include the singular and two words of any gender also refer to any other gender paragraph 107 section captions primary tab section captions are part of the uniform commercial code paragraph 108 relation to electronic signatures in global and national commerce act primary tabs this article modifies limits and supersedes the federal
Electronic signatures in global and national commerce act 15 ufc section 7001 at seq except that nothing in this article modifies limits or supersedes section 7001 c of that act or authorizes electronic delivery of any of the notices described in section 7003 be if that act paragraph 108 relation to electronic signatures in global and national commerce act
Primary tabs this article modifies limits and supersedes the federal electronic signatures in global and national commerce act 15 ufc section 7001 at seq except that nothing in this article modifies limits or supersedes section 7001 see if that act or authorizes electronic delivery of any of the notices described in section 7003 be if that act you
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U.C.C. – ARTICLE 1 – PART 1. GENERAL PROVISIONS By Wealth of Knowledge
