Title 5 — Uniform Commercial Code
40 chapters · 413 sections in this title.
5 CMC § 7210 Enforcement of Warehouseman's Lien
4.4K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 7: WAREHOUSE RECEIPTS, ETC. § 7210. Enforcement of Warehouseman’s Lien. (1) Except as provided in subsection (2) of this section, a warehouseman’s lien may be enforced by public or private sale of the goods in block or in parcels, at any …
5 CMC § 8201 "Issuer."
1.5K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8201. “Issuer.” (1) With respect to obligations on or defenses to a security, “issuer” includes a person who: (a) Places or authorizes the placing of his name on a certificated security (otherwise than as authen…
5 CMC § 8202 Issuer's Responsibility and Defenses; Notice of Defect or Defense
3.2K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8202. Issuer’s Responsibility and Defenses; Notice of Defect or Defense. (1) Even against a purchaser for value and without notice, the terms of a security include: (a) If the security is certificated, those sta…
5 CMC § 8203 Staleness as Notice of Defects or Defenses
1.2K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8203. Staleness as Notice of Defects or Defenses. (1) After an act or event creating a right to immediate performance of the principal obligation represented by a certificated security or that sets a date on or …
5 CMC § 8204 Effect of Issuer's Restrictions on Transfer
0.7K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8204. Effect of Issuer’s Restrictions on Transfer. A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against any person without actual knowledge of it unless…
5 CMC § 8205 Effect of Unauthorized Signature on Certificated Security or Initial Transaction Statement
1.1K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8205. Effect of Unauthorized Signature on Certificated Security or Initial Transaction Statement. An unauthorized signature placed on a certificated security prior to or in the course of issue or placed on an in…
5 CMC § 8206 Completion or Alteration of Certificated Security or Initial Transaction Statement
1.4K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8206. Completion or Alteration of Certificated Security or Initial Transaction Statement. (1) If a certificated security contains the signatures necessary to its issue or transfer but is incomplete in any other …
5 CMC § 8207 Rights and Duties of Issuer With Respect to Registered Owners and Registered Pledgees
2.7K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8207. Rights and Duties of Issuer With Respect to Registered Owners and Registered Pledgees. (1) Prior to due presentment for registration of transfer of a certificated security in registered form, the issuer or…
5 CMC § 8208 Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent
1.1K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 8: INVESTMENT SECURITIES § 8208. Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent. (1) A person placing his signature upon a certificated security or an initial transaction statement as authenticating trustee, r…
5 CMC § 9201 General Validity of Security Agreement
0.6K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9201. General Validity of Security Agreement. Except as otherwise provided by this title a security agreement is effective according to its terms between the parties, against purchasers of the collateral an…
5 CMC § 9202 Title to Collateral Immaterial
0.3K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9202. Title to Collateral Immaterial. Each provision of this division with regard to rights, obligations and remedies applies whether title to collateral is in the secured party or in the debtor. Source: PL…
5 CMC § 9203 Attachment and Enforceability of Security Interest; Proceeds; Formal Requisites
1.8K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9203. Attachment and Enforceability of Security Interest; Proceeds; Formal Requisites. (1) Subject to the provisions of 5 CMC § 4208 on the security interest of a collecting bank, 5 CMC § 8321 on security i…
5 CMC § 9204 After-Acquired Property; Future Advances
0.8K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9204. After-Acquired Property; Future Advances. (1) Except as provided in subsection (2) of this section, a security agreement may provide that any or all obligations covered by the security agreement are t…
5 CMC § 9205 Use or Disposition of Collateral Without Accounting Permissible
0.8K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9205. Use or Disposition of Collateral Without Accounting Permissible. A security interest is not invalid or fraudulent against creditors by reason of liberty in the debtor to use, commingle or dispose of a…
5 CMC § 9206 Agreement Not to Assert Defenses Against Assignee; Modification of Sales Warranties Where Security Agreement Exists
1.2K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9206. Agreement Not to Assert Defenses Against Assignee; Modification of Sales Warranties Where Security Agreement Exists. (1) Subject to any statute or decision which establishes a different rule for buyer…
5 CMC § 9207 Rights and Duties When Collateral is in Secured Party's Possession
1.8K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9207. Rights and Duties When Collateral is in Secured Party’s Possession. (1) A secured party must use reasonable care in the custody and preservation of collateral in his possession. In the case of an inst…
5 CMC § 9208 Request for Statement of Account or List of Collateral
1.9K chars
TITLE 5: UNIFORM COMMERCIAL CODE DIVISION 9: SECURED TRANSACTIONS, ETC. § 9208. Request for Statement of Account or List of Collateral. (1) A debtor may sign a statement indicating what he believes to be the aggregate amount of unpaid indebtedness as of a specified date and may s…