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554.3102 Subject matter.

1. This Article applies to negotiable instruments. It does not apply to money, to payment orders governed by Article 8, or to securities governed by Article 12.*

2. If there is conflict between this Article and Article 9 or 12, Articles 9 and 12 govern.**

3. Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this Article to the extent of the inconsistency.

Section History: Recent form

94 Acts, ch 1167, §11

Footnotes

Effective July 1, 1995; 94 Acts, ch 1167, §122; former section repealed effective July 1, 1995; 94 Acts, ch 1167, §121, 122; for law prior to July 1, 1995, see Code 1993; see also §554.3103--;554.3105 ~I*Uniform Act indicates that references should be to "payment orders governed by Article 12" and "securities governed by Article 8"; corrective legislation is pending ~I**Uniform Act indicates that references in this subsection should be to Article 4 rather than Article 12; corrective legislation is pending


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