Title 13, Uniform Commercial Code
10 chapters · 409 sections in this title.
13 GCA § 6101 Short Title
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This division shall be known and may be cited as Uniform Commercial Code -- Bulk Transfers.
13 GCA § 6102 Bulk Transfers; Transfers of Equipment; Enterprises Subject
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to This Division; Bulk Transfers Subject to This Division. (1) A bulk transfer is any transfer in bulk and not in the ordinary course of the transferor's business of a substantial part of the materials, supplies, merchandise, or other inventory (Section 9109) of an enterprise sub…
13 GCA § 6103 Transfers Excepted from This Division
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The following transfers are not subject to this division: (1) Those made to give a purchase money security interest (Section 9107); (2) Assignments for the benefit of all the creditors of the transferor, and subsequent transfers by the assignee thereunder; (3) Transfers of proper…
13 GCA § 6105 Notice to Creditors
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Any bulk transfer subject to this division except one made by auction sale (Section 6108) is ineffective against any creditor of the transferor unless the transferee gives notice of the transfer in the manner and within the time hereafter provided (Section 6107).
13 GCA § 6107 Notice; Recordation; Publication; Notice by Mail
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(1) The notice to creditors (Section 6105) shall state: (a) That a bulk transfer is about to be made; and (b) The names and business addresses of the transferor and, except in the case of a sale at auction, the transferee, and all other business names and addresses used by the tr…
13 GCA § 6108 Auction Sales; "Auctioneer"
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(1) A bulk transfer is subject to this division even though it is by sale at auction, but only in the manner and with the results stated in this section. (2) The person or persons other than the transferor who direct, control or are responsible for the auction are collectively ca…
13 GCA § 6109 What Creditors Protected
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The creditors of the transferor mentioned in this division are those holding claims based on transactions or events occurring before the bulk transfer.
13 GCA § 6110 Subsequent Transfers
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When the title of a transferee to property is subject to a defect by reason of his noncompliance with the requirements of this division, then: (1) A purchaser of any such property from such transferee who pays no value or who takes with notice of such non-compliance takes subject…
13 GCA § 6111 Limitation of Actions and Levies
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No action under this division shall be brought nor levy made more than one year after the date on which the transferee took possession of the goods unless the transfer has been concealed or, in the case of a security interest which constitutes a bulk transfer under this division,…