DIVISION 1. GENERAL PROVISIONS [1101. - 1310.]
Division 1 enacted by Stats. 1963, Ch. 819.
§§ 1101–1310 · 23 sections
CHAPTER 1. Short Title, Construction, Application and Subject Matter of the Code §§ 1101–1108 · 7 sections
- § 1101 This code may be cited as the Uniform Commercial Code.
- § 1102 This division applies to a transaction to the extent that it is governed by another division of this code.
- § 1103 (a) This code shall be liberally construed and applied to promote its underlying purposes and policies, which are: (1) to simplify, clarify, and modernize the…
- § 1104 This 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being a general act intended as a unified coverage of its subject matter, no part of it shall be deemed to be impliedly repealed by subsequent…
- § 1105 If any provision or clause of this code or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or…
- § 1106 In this code, unless the statutory context otherwise requires: (1) words in the singular number include the plural, and those in the plural include the…
- § 1108 This chapter modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act, 15 U.S.C. Section 7001 et seq., except…
CHAPTER 2. General Definitions and Principles of Interpretation §§ 1201–1206 · 6 sections
- § 1201 (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other divisions of this code…
- § 1202 (a) Subject to subdivision (f), a person has “notice” of a fact if the person: (1) has actual knowledge of it; (2) has received a notice or notification of it;…
- § 1203 (a) Whether a transaction in the form of a lease creates a lease or security interest is determined by the facts of each case. (b) A transaction in the form of…
- § 1204 Except as otherwise provided in Divisions 3, 4, 5, 6, and 12, a person gives value for rights if the person acquires them: (1) in return for a binding…
- § 1205 (a) Whether a time for taking an action required by this code is reasonable depends on the nature, purpose, and circumstances of the action. (b) An action is…
- § 1206 Whenever this code creates a “presumption” with respect to a fact, or provides that a fact is “presumed,” the trier of fact must find the existence of the fact…
CHAPTER 3. Territorial Applicability and General Rules §§ 1301–1310 · 10 sections
- § 1301 (a) Except as otherwise provided in this section, when a transaction bears a reasonable relation to this state and also to another state or nation, the parties…
- § 1302 (a) Except as otherwise provided in subdivision (b) or elsewhere in this code, the effect of provisions of this code may be varied by agreement. (b) The…
- § 1303 (a) A “course of performance” is a sequence of conduct between the parties to a particular transaction that exists if: (1) the agreement of the parties with…
- § 1304 Every contract or duty within this code imposes an obligation of good faith in its performance and enforcement.
- § 1305 (a) The remedies provided by this code shall be liberally administered to the end that the aggrieved party may be put in as good a position as if the other…
- § 1306 A claim or right arising out of an alleged breach may be discharged in whole or in part without consideration by agreement of the aggrieved party in a signed…
- § 1307 (1) A bill of lading, policy or certificate of insurance, official weigher’s or inspector’s certificate, consular invoice, or any other document authorized or…
- § 1308 (a) A party that with explicit reservation of rights performs or promises performance or assents to performance in a manner demanded or offered by the other…
- § 1309 A term providing that one party or that party’s successor in interest may accelerate payment or performance or require collateral or additional collateral “at…
- § 1310 An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to…