Iowa Code - 2025
Title XIII - COMMERCE | Back to Title Listing
Chapter 554 - UNIFORM COMMERCIAL CODE
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Code Section | RTF | |
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§554.1101 - Short titles. | RTF | |
§554.1102 - Scope of Article. | RTF | |
§554.1103 - Construction of this chapter to promote its purposes and policies — applicability of supplemental principles of law. | RTF | |
§554.1104 - Construction against implied repeal. | RTF | |
§554.1105 - Severability. | RTF | |
§554.1106 - Use of singular and plural — gender. | RTF | |
§554.1107 - Section captions. | RTF | |
§554.1108 - Relation to Electronic Signatures in Global and National Commerce Act. | RTF | |
§554.1109 | RTF | |
§554.1110 - Rules for filing and indexing. | RTF | |
§554.1201 - General definitions. | RTF | |
§554.1202 - Notice — knowledge. | RTF | |
§554.1203 - Lease distinguished from security interest. | RTF | |
§554.1204 - Value. | RTF | |
§554.1205 - Reasonable time — seasonableness. | RTF | |
§554.1206 - Presumptions. | RTF | |
§554.1301 - Territorial applicability — parties’ power to choose applicable law. | RTF | |
§554.1302 - Variation by agreement. | RTF | |
§554.1303 - Course of performance, course of dealing, and usage of trade. | RTF | |
§554.1304 - Obligation of good faith. | RTF | |
§554.1305 - Remedies to be liberally administered. | RTF | |
§554.1306 - Waiver or renunciation of claim or right after breach. | RTF | |
§554.1307 - Prima facie evidence by third-party documents. | RTF | |
§554.1308 - Performance or acceptance under reservation of rights. | RTF | |
§554.1309 - Option to accelerate at will. | RTF | |
§554.1310 - Subordinated obligations. | RTF | |
§554.2101 - Short title. | RTF | |
§554.2102 - Scope — certain security and other transactions excluded from this Article. | RTF | |
§554.2103 - Definitions and index of definitions. | RTF | |
§554.2104 - Definitions:“merchant” — “between merchants” — “financing agency”. | RTF | |
§554.2105 - Definitions:transferability — “goods” — “future” goods — “lot” — “commercial unit”. | RTF | |
§554.2106 - Definitions:“contract” — “agreement” — “contract for sale” — “sale” — “present sale” — “conforming” to contract — “termination” — “cancellation” — “hybrid transaction”. | RTF | |
§554.2107 - Goods to be severed from realty:recording. | RTF | |
§554.2201 - Formal requirements — statute of frauds. | RTF | |
§554.2202 - Final expression — parol or extrinsic evidence. | RTF | |
§554.2203 - Seals inoperative. | RTF | |
§554.2204 - Formation in general. | RTF | |
§554.2205 - Firm offers. | RTF | |
§554.2206 - Offer and acceptance in formation of contract. | RTF | |
§554.2207 - Additional terms in acceptance or confirmation. | RTF | |
§554.2208 - Course of performance or practical construction. | RTF | |
§554.2209 - Modification, rescission, and waiver. | RTF | |
§554.2210 - Delegation of performance — assignment of rights. | RTF | |
§554.2301 - General obligations of parties. | RTF | |
§554.2302 - Unconscionable contract or clause. | RTF | |
§554.2303 - Allocation or division of risks. | RTF | |
§554.2304 - Price payable in money, goods, realty, or otherwise. | RTF | |
§554.2305 - Open price term. | RTF | |
§554.2306 - Output, requirements and exclusive dealings. | RTF | |
§554.2307 - Delivery in single lot or several lots. | RTF | |
§554.2308 - Absence of specified place for delivery. | RTF | |
§554.2309 - Absence of specific time provisions — notice of termination. | RTF | |
§554.2310 - Open time for payment or running of credit — authority to ship under reservation. | RTF | |
§554.2311 - Options and cooperation respecting performance. | RTF | |
§554.2312 - Warranty of title and against infringement — buyer’s obligation against infringement. | RTF | |
§554.2313 - Express warranties by affirmation, promise, description, sample. | RTF | |
§554.2314 - Implied warranty:merchantability — usage of trade. | RTF | |
§554.2315 - Implied warranty — fitness for particular purpose. | RTF | |
§554.2316 - Exclusion or modification of warranties. | RTF | |
§554.2317 - Cumulation and conflict of warranties express or implied. | RTF | |
§554.2318 - Third party beneficiaries of warranties express or implied. | RTF | |
§554.2319 - F.O.B. and F.A.S. terms. | RTF | |
§554.2320 - C.I.F. and C. & F. terms. | RTF | |
§554.2321 - C.I.F. or C. & F. — “net landed weights” — “payment on arrival” — warranty of condition on arrival. | RTF | |
§554.2322 - Delivery “ex-ship”. | RTF | |
§554.2323 - Form of bill of lading required in overseas shipment — “overseas”. | RTF | |
§554.2324 - “No arrival, no sale” term. | RTF | |
§554.2325 - “Letter of credit” term — “confirmed credit”. | RTF | |
§554.2326 - Sale on approval and sale or return — rights of creditors. | RTF | |
§554.2327 - Special incidents of sale on approval and sale or return. | RTF | |
§554.2328 - Sale by auction. | RTF | |
§554.2401 - Passing of title — reservation for security — limited application of this section. | RTF | |
§554.2402 - Rights of seller’s creditors against sold goods. | RTF | |
§554.2403 - Power to transfer — good faith purchase of goods — “entrusting”. | RTF | |
§554.2501 - Insurable interest in goods — manner of identification of goods. | RTF | |
§554.2502 - Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency. | RTF | |
§554.2503 - Manner of seller’s tender of delivery. | RTF | |
§554.2504 - Shipment by seller. | RTF | |
§554.2505 - Seller’s shipment under reservation. | RTF | |
§554.2506 - Rights of financing agency. | RTF | |
§554.2507 - Effect of seller’s tender — delivery on condition. | RTF | |
§554.2508 - Cure by seller of improper tender or delivery — replacement. | RTF | |
§554.2509 - Risk of loss in the absence of breach. | RTF | |
§554.2510 - Effect of breach on risk of loss. | RTF | |
§554.2511 - Tender of payment by buyer — payment by check. | RTF | |
§554.2512 - Payment by buyer before inspection. | RTF | |
§554.2513 - Buyer’s right to inspection of goods. | RTF | |
§554.2514 - When documents deliverable on acceptance — when on payment. | RTF | |
§554.2515 - Preserving evidence of goods in dispute. | RTF | |
§554.2601 - Buyer’s rights on improper delivery. | RTF | |
§554.2602 - Manner and effect of rightful rejection. | RTF | |
§554.2603 - Merchant buyer’s duties as to rightfully rejected goods. | RTF | |
§554.2604 - Buyer’s options as to salvage of rightfully rejected goods. | RTF | |
§554.2605 - Waiver of buyer’s objections by failure to particularize. | RTF | |
§554.2606 - What constitutes acceptance of goods. | RTF | |
§554.2607 - Effect of acceptance — notice of breach — burden of establishing breach after acceptance — notice of claim or litigation to person answerable over. | RTF | |
§554.2608 - Revocation of acceptance in whole or in part. | RTF | |
§554.2609 - Right to adequate assurance of performance. | RTF | |
§554.2610 - Anticipatory repudiation. | RTF | |
§554.2611 - Retraction of anticipatory repudiation. | RTF | |
§554.2612 - “Installment contract” — breach. | RTF | |
§554.2613 - Casualty to identified goods. | RTF | |
§554.2614 - Substituted performance. | RTF | |
§554.2615 - Excuse by failure of presupposed conditions. | RTF | |
§554.2616 - Procedure on notice claiming excuse. | RTF | |
§554.2701 - Remedies for breach of collateral contracts not impaired. | RTF | |
§554.2702 - Seller’s remedies on discovery of buyer’s insolvency. | RTF | |
§554.2703 - Seller’s remedies in general. | RTF | |
§554.2704 - Seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods. | RTF | |
§554.2705 - Seller’s stoppage of delivery in transit or otherwise. | RTF | |
§554.2706 - Seller’s resale including contract for resale. | RTF | |
§554.2707 - “Person in the position of a seller”. | RTF | |
§554.2708 - Seller’s damages for nonacceptance or repudiation. | RTF | |
§554.2709 - Action for the price. | RTF | |
§554.2710 - Seller’s incidental damages. | RTF | |
§554.2711 - Buyer’s remedies in general — buyer’s security interest in rejected goods. | RTF | |
§554.2712 - “Cover” — buyer’s procurement of substitute goods. | RTF | |
§554.2713 - Buyer’s damages for nondelivery or repudiation. | RTF | |
§554.2714 - Buyer’s damages for breach in regard to accepted goods. | RTF | |
§554.2715 - Buyer’s incidental and consequential damages. | RTF | |
§554.2716 - Buyer’s right to specific performance or replevin. | RTF | |
§554.2717 - Deduction of damages from the price. | RTF | |
§554.2718 - Liquidation or limitation of damages — deposits. | RTF | |
§554.2719 - Contractual modification or limitation of remedy. | RTF | |
§554.2720 - Effect of “cancellation” or “rescission” on claims for antecedent breach. | RTF | |
§554.2721 - Remedies for fraud. | RTF | |
§554.2722 - Who can sue third parties for injury to goods. | RTF | |
§554.2723 - Proof of market price — time and place. | RTF | |
§554.2724 - Admissibility of market quotations. | RTF | |
§554.2725 - Statute of limitations in contracts for sale. | RTF | |
§554.3101 - Short title. | RTF | |
§554.3102 - Subject matter. | RTF | |
§554.3103 - Definitions. | RTF | |
§554.3104 - Negotiable instrument. | RTF | |
§554.3105 - Issue of instrument. | RTF | |
§554.3106 - Unconditional promise or order. | RTF | |
§554.3107 - Instrument payable in foreign money. | RTF | |
§554.3108 - Payable on demand or at definite time. | RTF | |
§554.3109 - Payable to bearer or to order. | RTF | |
§554.3110 - Identification of person to whom instrument is payable. | RTF | |
§554.3111 - Place of payment. | RTF | |
§554.3112 - Interest. | RTF | |
§554.3113 - Date of instrument. | RTF | |
§554.3114 - Contradictory terms of instrument. | RTF | |
§554.3115 - Incomplete instrument. | RTF | |
§554.3116 - Joint and several liability — contribution. | RTF | |
§554.3117 - Other agreements affecting instrument. | RTF | |
§554.3118 - Accrual of cause of action. | RTF | |
§554.3119 - Notice of right to defend action. | RTF | |
§554.3201 - Negotiation. | RTF | |
§554.3202 - Negotiation subject to rescission. | RTF | |
§554.3203 - Transfer of instrument — rights acquired by transfer. | RTF | |
§554.3204 - Endorsement. | RTF | |
§554.3205 - Special endorsement — blank endorsement — anomalous endorsement. | RTF | |
§554.3206 - Restrictive endorsement. | RTF | |
§554.3207 - Reacquisition. | RTF | |
§554.3301 - Person entitled to enforce instrument. | RTF | |
§554.3302 - Holder in due course. | RTF | |
§554.3303 - Value and consideration. | RTF | |
§554.3304 - Overdue instrument. | RTF | |
§554.3305 - Defenses and claims in recoupment. | RTF | |
§554.3306 - Claims to an instrument. | RTF | |
§554.3307 - Notice of breach of fiduciary duty. | RTF | |
§554.3308 - Proof of signatures and status as holder in due course. | RTF | |
§554.3309 - Enforcement of lost, destroyed, or stolen instrument. | RTF | |
§554.3310 - Effect of instrument on obligation for which taken. | RTF | |
§554.3311 - Accord and satisfaction by use of instrument. | RTF | |
§554.3312 - Lost, destroyed, or stolen cashier’s check, teller’s check, or certified check. | RTF | |
§554.3401 - Signature necessary for liability on instrument. | RTF | |
§554.3402 - Signature by representative. | RTF | |
§554.3403 - Unauthorized signature. | RTF | |
§554.3404 - Impostors — fictitious payees. | RTF | |
§554.3405 - Employer’s responsibility for fraudulent endorsement by employee. | RTF | |
§554.3406 - Negligence contributing to forged signature or alteration of instrument. | RTF | |
§554.3407 - Alteration. | RTF | |
§554.3408 - Drawee not liable on unaccepted draft. | RTF | |
§554.3409 - Acceptance of draft — certified check. | RTF | |
§554.3410 - Acceptance varying draft. | RTF | |
§554.3411 - Refusal to pay cashier’s checks, teller’s checks, and certified checks. | RTF | |
§554.3412 - Obligation of issuer of note or cashier’s check. | RTF | |
§554.3413 - Obligation of acceptor. | RTF | |
§554.3414 - Obligation of drawer. | RTF | |
§554.3415 - Obligation of endorser. | RTF | |
§554.3416 - Transfer warranties. | RTF | |
§554.3417 - Presentment warranties. | RTF | |
§554.3418 - Payment or acceptance by mistake. | RTF | |
§554.3419 - Instruments signed for accommodation. | RTF | |
§554.3420 - Conversion of instrument. | RTF | |
§554.3501 - Presentment. | RTF | |
§554.3502 - Dishonor. | RTF | |
§554.3503 - Notice of dishonor. | RTF | |
§554.3504 - Excused presentment and notice of dishonor. | RTF | |
§554.3505 - Evidence of dishonor. | RTF | |
§554.3506 | RTF | |
§554.3507 | RTF | |
§554.3508 | RTF | |
§554.3509 | RTF | |
§554.3510 | RTF | |
§554.3511 | RTF | |
§554.3512 - Holder’s recourse for dishonor. | RTF | |
§554.3513 - Civil remedy for dishonor. | RTF | |
§554.3601 - Discharge and effect of discharge. | RTF | |
§554.3602 - Payment. | RTF | |
§554.3603 - Tender of payment. | RTF | |
§554.3604 - Discharge by cancellation or renunciation. | RTF | |
§554.3605 - Discharge of endorsers and accommodation parties. | RTF | |
§554.4101 - Short title. | RTF | |
§554.4102 - Applicability. | RTF | |
§554.4103 - Variation by agreement — measure of damages — action constituting ordinary care. | RTF | |
§554.4104 - Definitions and index of definitions. | RTF | |
§554.4105 - “Bank” — “depositary bank” — “intermediary bank” — “collecting bank” — “payor bank” — “presenting bank”. | RTF | |
§554.4106 - Payable through or payable at bank — collecting bank. | RTF | |
§554.4107 - Separate office of a bank. | RTF | |
§554.4108 - Time of receipt of items. | RTF | |
§554.4109 - Delays. | RTF | |
§554.4110 - Electronic presentment. | RTF | |
§554.4111 - Statute of limitations. | RTF | |
§554.4201 - Status of collecting bank as agent and provisional status of credits — applicability of Article — item endorsed “pay any bank”. | RTF | |
§554.4202 - Responsibility for collection or return — when action timely. | RTF | |
§554.4203 - Effect of instructions. | RTF | |
§554.4204 - Methods of sending and presenting — sending directly to payor bank. | RTF | |
§554.4205 - Depositary bank holder of unendorsed item. | RTF | |
§554.4206 - Transfer between banks. | RTF | |
§554.4207 - Transfer warranties. | RTF | |
§554.4208 - Presentment warranties. | RTF | |
§554.4209 - Encoding and retention warranties. | RTF | |
§554.4210 - Security interest of collecting bank in items, accompanying documents and proceeds. | RTF | |
§554.4211 - When bank gives value for purposes of holder in due course. | RTF | |
§554.4212 - Presentment by notice of item not payable by, through, or at a bank; liability of drawer or endorser. | RTF | |
§554.4213 - Medium and time of settlement by bank. | RTF | |
§554.4214 - Right of charge-back or refund — liability of collecting bank — return of item. | RTF | |
§554.4215 - Final payment of item by payor bank — when provisional debits and credits become final — when certain credits become available for withdrawal. | RTF | |
§554.4216 - Insolvency and preference. | RTF | |
§554.4301 - Deferred posting — recovery of payment by return of items — time of dishonor — return of items by payor bank. | RTF | |
§554.4302 - Payor bank’s responsibility for late return of item. | RTF | |
§554.4303 - When items subject to notice, stop-payment order, legal process, or setoff — order in which items may be charged or certified. | RTF | |
§554.4401 - When bank may charge customer’s account. | RTF | |
§554.4402 - Bank’s liability to customer for wrongful dishonor — time of determining insufficiency of account. | RTF | |
§554.4403 - Customer’s right to stop payment — burden of proof of loss. | RTF | |
§554.4404 - Bank not obligated to pay check more than six months old. | RTF | |
§554.4405 - Death or incompetence of customer. | RTF | |
§554.4406 - Customer’s duty to discover and report unauthorized signature or alteration. | RTF | |
§554.4407 - Payor bank’s right to subrogation on improper payment. | RTF | |
§554.4501 - Handling of documentary drafts — duty to send for presentment and to notify customer of dishonor. | RTF | |
§554.4502 - Presentment of “on arrival” drafts. | RTF | |
§554.4503 - Responsibility of presenting bank for documents and goods — report of reasons for dishonor — referee in case of need. | RTF | |
§554.4504 - Privilege of presenting bank to deal with goods — security interest for expenses. | RTF | |
§554.5101 - Short title. | RTF | |
§554.5102 - Definitions. | RTF | |
§554.5103 - Scope. | RTF | |
§554.5104 - Formal requirements. | RTF | |
§554.5105 - Consideration. | RTF | |
§554.5106 - Issuance, amendment, cancellation, and duration. | RTF | |
§554.5107 - Confirmer, nominated person, and adviser. | RTF | |
§554.5108 - Issuer’s rights and obligations. | RTF | |
§554.5109 - Fraud and forgery. | RTF | |
§554.5110 - Warranties. | RTF | |
§554.5111 - Remedies. | RTF | |
§554.5112 - Transfer of letter of credit. | RTF | |
§554.5113 - Transfer by operation of law. | RTF | |
§554.5114 - Assignment of proceeds. | RTF | |
§554.5115 - Statute of limitations. | RTF | |
§554.5116 - Choice of law and forum. | RTF | |
§554.5117 - Subrogation of issuer, applicant, and nominated person. | RTF | |
§554.5118 - Security interest of issuer or nominated person. | RTF | |
§554.7101 - Short title. | RTF | |
§554.7102 - Definitions and index of definitions. | RTF | |
§554.7103 - Relation of Article to treaty or statute. | RTF | |
§554.7104 - Negotiable and nonnegotiable document of title. | RTF | |
§554.7105 - Reissuance in alternative medium. | RTF | |
§554.7106 - Control of electronic document of title. | RTF | |
§554.7201 - Person that may issue a warehouse receipt — storage under bond. | RTF | |
§554.7202 - Form of warehouse receipt — effect of omission. | RTF | |
§554.7203 - Liability for nonreceipt or misdescription. | RTF | |
§554.7204 - Duty of care — contractual limitation of warehouse’s liability. | RTF | |
§554.7205 - Title under warehouse receipt defeated in certain cases. | RTF | |
§554.7206 - Termination of storage at warehouse’s option. | RTF | |
§554.7207 - Goods must be kept separate — fungible goods. | RTF | |
§554.7208 - Altered warehouse receipts. | RTF | |
§554.7209 - Lien of warehouse. | RTF | |
§554.7210 - Enforcement of warehouse’s lien. | RTF | |
§554.7301 - Liability for nonreceipt or misdescription — “said to contain” — “shipper’s weight, load, and count” — improper handling. | RTF | |
§554.7302 - Through bills of lading and similar documents of title. | RTF | |
§554.7303 - Diversion — reconsignment — change of instructions. | RTF | |
§554.7304 - Tangible bills of lading in a set. | RTF | |
§554.7305 - Destination bills. | RTF | |
§554.7306 - Altered bills of lading. | RTF | |
§554.7307 - Lien of carrier. | RTF | |
§554.7308 - Enforcement of carrier’s lien. | RTF | |
§554.7309 - Duty of care — contractual limitation of carrier’s liability. | RTF | |
§554.7401 - Irregularities in issue of receipt or bill or conduct of issuer. | RTF | |
§554.7402 - Duplicate document of title — overissue. | RTF | |
§554.7403 - Obligation of bailee to deliver — excuse. | RTF | |
§554.7404 - No liability for good-faith delivery pursuant to document of title. | RTF | |
§554.7501 - Form of negotiation and requirements of due negotiation. | RTF | |
§554.7502 - Rights acquired by due negotiation. | RTF | |
§554.7503 - Document of title to goods defeated in certain cases. | RTF | |
§554.7504 - Rights acquired in absence of due negotiation — effect of diversion — stoppage of delivery. | RTF | |
§554.7505 - Indorser not guarantor for other parties. | RTF | |
§554.7506 - Delivery without indorsement — right to compel indorsement. | RTF | |
§554.7507 - Warranties on negotiation or delivery of document of title. | RTF | |
§554.7508 - Warranties of collecting bank as to documents of title. | RTF | |
§554.7509 - Adequate compliance with commercial contract. | RTF | |
§554.7601 - Lost, stolen, or destroyed documents of title. | RTF | |
§554.7601A - Lost, stolen, or destroyed documents — additional requirements. | RTF | |
§554.7602 - Judicial process against goods covered by negotiable document of title. | RTF | |
§554.7603 - Conflicting claims — interpleader. | RTF | |
§554.8101 - Short title. | RTF | |
§554.8102 - Definitions. | RTF | |
§554.8103 - Rules for determining whether certain obligations and interests are securities or financial assets. | RTF | |
§554.8104 - Acquisition of security or financial asset or interest therein. | RTF | |
§554.8105 - Notice of adverse claim. | RTF | |
§554.8106 - Control. | RTF | |
§554.8107 - Whether indorsement, instruction, or entitlement order is effective. | RTF | |
§554.8108 - Warranties in direct holding. | RTF | |
§554.8109 - Warranties in indirect holding. | RTF | |
§554.8110 - Applicability — choice of law. | RTF | |
§554.8111 - Clearing corporation rules. | RTF | |
§554.8112 - Creditor’s legal process. | RTF | |
§554.8113 - Statute of frauds inapplicable. | RTF | |
§554.8114 - Evidentiary rules concerning certificated securities. | RTF | |
§554.8115 - Securities intermediary and others not liable to adverse claimant. | RTF | |
§554.8116 - Securities intermediary as purchaser for value. | RTF | |
§554.8201 - Issuer. | RTF | |
§554.8202 - Issuer’s responsibility and defenses — notice of defect or defense. | RTF | |
§554.8203 - Staleness as notice of defect or defense. | RTF | |
§554.8204 - Effect of issuer’s restriction on transfer. | RTF | |
§554.8205 - Effect of unauthorized signature on security certificate. | RTF | |
§554.8206 - Completion or alteration of security certificate. | RTF | |
§554.8207 - Rights and duties of issuer with respect to registered owners. | RTF | |
§554.8208 - Effect of signature of authenticating trustee, registrar, or transfer agent. | RTF | |
§554.8209 - Issuer’s lien. | RTF | |
§554.8210 - Overissue. | RTF | |
§554.8301 - Delivery. | RTF | |
§554.8302 - Rights of purchaser. | RTF | |
§554.8303 - Protected purchaser. | RTF | |
§554.8304 - Indorsement. | RTF | |
§554.8305 - Instruction. | RTF | |
§554.8306 - Effect of guaranteeing signature, indorsement, or instruction. | RTF | |
§554.8307 - Purchaser’s right to requisites for registration of transfer. | RTF | |
§554.8308 | RTF | |
§554.8309 | RTF | |
§554.8310 | RTF | |
§554.8311 | RTF | |
§554.8312 | RTF | |
§554.8313 | RTF | |
§554.8314 | RTF | |
§554.8315 | RTF | |
§554.8316 | RTF | |
§554.8317 | RTF | |
§554.8318 | RTF | |
§554.8319 | RTF | |
§554.8320 | RTF | |
§554.8321 | RTF | |
§554.8401 - Duty of issuer to register transfer. | RTF | |
§554.8402 - Assurance that indorsement or instruction is effective. | RTF | |
§554.8403 - Demand that issuer not register transfer. | RTF | |
§554.8404 - Wrongful registration. | RTF | |
§554.8405 - Replacement of lost, destroyed, or wrongfully taken security certificate. | RTF | |
§554.8406 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate. | RTF | |
§554.8407 - Authenticating trustee, transfer agent, and registrar. | RTF | |
§554.8408 - Statements of uncertificated securities. | RTF | |
§554.8501 - Securities account — acquisition of security entitlement from securities intermediary. | RTF | |
§554.8502 - Assertion of adverse claim against entitlement holder. | RTF | |
§554.8503 - Property interest of entitlement holder in financial asset held by securities intermediary. | RTF | |
§554.8504 - Duty of securities intermediary to maintain financial asset. | RTF | |
§554.8505 - Duty of securities intermediary with respect to payments and distributions. | RTF | |
§554.8506 - Duty of securities intermediary to exercise rights as directed by entitlement holder. | RTF | |
§554.8507 - Duty of securities intermediary to comply with entitlement order. | RTF | |
§554.8508 - Duty of securities intermediary to change entitlement holder’s position to other form of security holding. | RTF | |
§554.8509 - Specification of duties of securities intermediary by other statute or regulation — manner of performance of duties of securities intermediary and exercise of rights of entitlement holder. | RTF | |
§554.8510 - Rights of purchaser of security entitlement from entitlement holder. | RTF | |
§554.8511 - Priority among security interests and entitlement holders. | RTF | |
§554.9101 - Short title. | RTF | |
§554.9102 - Definitions and index of definitions. | RTF | |
§554.9103 - Purchase-money security interest — application of payments — burden of establishing. | RTF | |
§554.9104 - Control of deposit account. | RTF | |
§554.9105 - Control of electronic copy of record evidencing chattel paper. | RTF | |
§554.9105A - Control of electronic money. | RTF | |
§554.9106 - Control of investment property. | RTF | |
§554.9107 - Control of letter-of-credit right. | RTF | |
§554.9107A - Control of controllable account, controllable electronic record, or controllable payment intangible. | RTF | |
§554.9107B - No requirement to acknowledge or confirm; no duties. | RTF | |
§554.9108 - Sufficiency of description. | RTF | |
§554.9109 - Scope. | RTF | |
§554.9110 - Security interests arising under Article 2 or 13. | RTF | |
§554.9111 | RTF | |
§554.9112 | RTF | |
§554.9113 | RTF | |
§554.9114 | RTF | |
§554.9115 | RTF | |
§554.9116 | RTF | |
§554.9201 - General effectiveness of security agreement. | RTF | |
§554.9202 - Title to collateral immaterial. | RTF | |
§554.9203 - Attachment and enforceability of security interest — proceeds — supporting obligations — formal requisites. | RTF | |
§554.9204 - After-acquired property — future advances. | RTF | |
§554.9205 - Use or disposition of collateral permissible. | RTF | |
§554.9206 - Security interest arising in purchase or delivery of financial asset. | RTF | |
§554.9207 - Rights and duties of secured party having possession or control of collateral. | RTF | |
§554.9208 - Additional duties of secured party having control of collateral. | RTF | |
§554.9209 - Duties of secured party if account debtor has been notified of assignment. | RTF | |
§554.9210 - Request for accounting — request regarding list of collateral or statement of account. | RTF | |
§554.9301 - Law governing perfection and priority of security interests. | RTF | |
§554.9302 - Law governing perfection and priority of agricultural liens. | RTF | |
§554.9303 - Law governing perfection and priority of security interests in goods covered by a certificate of title. | RTF | |
§554.9304 - Law governing perfection and priority of security interests in deposit accounts. | RTF | |
§554.9305 - Law governing perfection and priority of security interests in investment property. | RTF | |
§554.9306 - Law governing perfection and priority of security interests in letter-of-credit rights. | RTF | |
§554.9306A - Law governing perfection and priority of security interests in chattel paper. | RTF | |
§554.9306B - Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles. | RTF | |
§554.9307 - Location of debtor. | RTF | |
§554.9308 - When security interest or agricultural lien is perfected — continuity of perfection. | RTF | |
§554.9309 - Security interest perfected upon attachment. | RTF | |
§554.9310 - When filing required to perfect security interest or agricultural lien — security interests and agricultural liens to which filing provisions do not apply. | RTF | |
§554.9311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties. | RTF | |
§554.9312 - Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, negotiable documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money — perfection by permissive filing — temporary perfection without filing or transfer of possession. | RTF | |
§554.9313 - When possession by or delivery to secured party perfects security interest without filing. | RTF | |
§554.9314 - Perfection by control. | RTF | |
§554.9314A - Perfection by possession and control of chattel paper. | RTF | |
§554.9315 - Secured party’s rights on disposition of collateral and in proceeds. | RTF | |
§554.9316 - Effect of change in governing law. | RTF | |
§554.9317 - Interests that take priority over or take free of security interest or agricultural lien. | RTF | |
§554.9318 - No interest retained in right to payment that is sold — rights and title of seller of account or chattel paper with respect to creditors and purchasers. | RTF | |
§554.9319 - Rights and title of consignee with respect to creditors and purchasers. | RTF | |
§554.9320 - Buyer of goods. | RTF | |
§554.9321 - Licensee of general intangible and lessee of goods in ordinary course of business. | RTF | |
§554.9322 - Priorities among conflicting security interests in and agricultural liens on same collateral. | RTF | |
§554.9323 - Future advances. | RTF | |
§554.9324 - Priority of purchase-money security interests. | RTF | |
§554.9325 - Priority of security interests in transferred collateral. | RTF | |
§554.9326 - Priority of security interests created by new debtor. | RTF | |
§554.9326A - Priority of security interests in controllable account, controllable electronic record, and controllable payment intangible. | RTF | |
§554.9327 - Priority of security interests in deposit account. | RTF | |
§554.9328 - Priority of security interests in investment property. | RTF | |
§554.9329 - Priority of security interests in letter-of-credit right. | RTF | |
§554.9330 - Priority of purchaser of chattel paper or instrument. | RTF | |
§554.9331 - Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment intangibles, documents, instruments, and securities under other Articles — priority of interests in financial assets and security entitlements and protection against assertion of claims under Articles 8 and 14. | RTF | |
§554.9332 - Transfer of money — transfer of funds from deposit account. | RTF | |
§554.9333 - Priority of certain liens arising by operation of law. | RTF | |
§554.9334 - Priority of security interests in fixtures and crops. | RTF | |
§554.9335 - Accessions. | RTF | |
§554.9336 - Commingled goods. | RTF | |
§554.9337 - Priority of security interests in goods covered by certificate of title. | RTF | |
§554.9338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information. | RTF | |
§554.9339 - Priority subject to subordination. | RTF | |
§554.9340 - Effectiveness of right of recoupment or setoff against deposit account. | RTF | |
§554.9341 - Bank’s rights and duties with respect to deposit account. | RTF | |
§554.9342 - Bank’s right to refuse to enter into or disclose existence of control agreement. | RTF | |
§554.9401 - Alienability of debtor’s rights. | RTF | |
§554.9402 - Secured party not obligated on contract of debtor or in tort. | RTF | |
§554.9403 - Agreement not to assert defenses against assignee. | RTF | |
§554.9404 - Rights acquired by assignee — claims and defenses against assignee. | RTF | |
§554.9405 - Modification of assigned contract. | RTF | |
§554.9406 - Discharge of account debtor — notification of assignment — identification and proof of assignment — restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective. | RTF | |
§554.9407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest. | RTF | |
§554.9408 - Restrictions on assignment of promissory notes, health care insurance receivables, and certain general intangibles ineffective. | RTF | |
§554.9409 - Restrictions on assignment of letter-of-credit rights ineffective. | RTF | |
§554.9501 - Filing office. | RTF | |
§554.9502 - Contents of financing statement — record of mortgage as financing statement — time of filing financing statement. | RTF | |
§554.9503 - Name of debtor and secured party. | RTF | |
§554.9504 - Indication of collateral. | RTF | |
§554.9505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions. | RTF | |
§554.9506 - Effect of errors or omissions. | RTF | |
§554.9507 - Effect of certain events on effectiveness of financing statement. | RTF | |
§554.9508 - Effectiveness of financing statement if new debtor becomes bound by security agreement. | RTF | |
§554.9509 - Persons entitled to file a record. | RTF | |
§554.9510 - Effectiveness of filed record. | RTF | |
§554.9511 - Secured party of record. | RTF | |
§554.9512 - Amendment of financing statement. | RTF | |
§554.9513 - Termination statement. | RTF | |
§554.9513A - Termination of wrongfully filed financing statement — reinstatement. | RTF | |
§554.9514 - Assignment of powers of secured party of record. | RTF | |
§554.9515 - Duration and effectiveness of financing statement — effect of lapsed financing statement. | RTF | |
§554.9516 - What constitutes filing — effectiveness of filing. | RTF | |
§554.9517 - Effect of indexing errors. | RTF | |
§554.9518 - Claim concerning inaccurate or wrongfully filed record. | RTF | |
§554.9519 - Numbering, maintaining, and indexing records — communicating information provided in records. | RTF | |
§554.9520 - Acceptance and refusal to accept record. | RTF | |
§554.9521 - Uniform form of written financing statement and amendment. | RTF | |
§554.9522 - Maintenance and destruction of records. | RTF | |
§554.9523 - Information from filing office — sale or license of records. | RTF | |
§554.9524 - Delay by filing office. | RTF | |
§554.9525 - Fees. | RTF | |
§554.9526 - Filing-office rules. | RTF | |
§554.9527 - Duty to report. | RTF | |
§554.9601 - Rights after default — judicial enforcement — consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes. | RTF | |
§554.9602 - Waiver and variance of rights and duties. | RTF | |
§554.9603 - Agreement on standards concerning rights and duties. | RTF | |
§554.9604 - Procedure if security agreement covers real property or fixtures. | RTF | |
§554.9605 - Unknown debtor or secondary obligor. | RTF | |
§554.9606 - Time of default for agricultural lien. | RTF | |
§554.9607 - Collection and enforcement by secured party. | RTF | |
§554.9608 - Application of proceeds of collection or enforcement — liability for deficiency and right to surplus. | RTF | |
§554.9609 - Secured party’s right to take possession after default. | RTF | |
§554.9610 - Disposition of collateral after default. | RTF | |
§554.9611 - Notification before disposition of collateral. | RTF | |
§554.9612 - Timeliness of notification before disposition of collateral. | RTF | |
§554.9613 - Contents and form of notification before disposition of collateral — general. | RTF | |
§554.9614 - Contents and form of notification before disposition of collateral — consumer-goods transaction. | RTF | |
§554.9615 - Application of proceeds of disposition — liability for deficiency and right to surplus. | RTF | |
§554.9616 - Explanation of calculation of surplus or deficiency. | RTF | |
§554.9617 - Rights of transferee of collateral. | RTF | |
§554.9618 - Rights and duties of certain secondary obligors. | RTF | |
§554.9619 - Transfer of record or legal title. | RTF | |
§554.9620 - Acceptance of collateral in full or partial satisfaction of obligation — compulsory disposition of collateral. | RTF | |
§554.9621 - Notification of proposal to accept collateral. | RTF | |
§554.9622 - Effect of acceptance of collateral. | RTF | |
§554.9623 - Right to redeem collateral. | RTF | |
§554.9624 - Waiver. | RTF | |
§554.9625 - Remedies for secured party’s failure to comply with Article. | RTF | |
§554.9626 - Action in which deficiency or surplus is in issue. | RTF | |
§554.9627 - Determination of whether conduct was commercially reasonable. | RTF | |
§554.9628 - Nonliability and limitation on liability of secured party — liability of secondary obligor. | RTF | |
§554.9701 - Effective date. | RTF | |
§554.9702 - Savings clause. | RTF | |
§554.9703 - Security interest perfected before effective date. | RTF | |
§554.9704 - Security interest unperfected before effective date. | RTF | |
§554.9705 - Effectiveness of action taken before effective date. | RTF | |
§554.9706 - When initial financing statement suffices to continue effectiveness of financing statement. | RTF | |
§554.9707 - Amendment of pre-effective-date financing statement. | RTF | |
§554.9708 - Persons entitled to file initial financing statement or continuation statement. | RTF | |
§554.9709 - Priority. | RTF | |
§554.9710 - “Former” defined. | RTF | |
§554.9801 - Effective date. | RTF | |
§554.9802 - Savings clause. | RTF | |
§554.9803 - Security interest perfected before effective date. | RTF | |
§554.9804 - Security interest unperfected before effective date. | RTF | |
§554.9805 - Effectiveness of action taken before effective date. | RTF | |
§554.9806 - When initial financing statement suffices to continue effectiveness of financing statement. | RTF | |
§554.9807 - Amendment of pre-effective-date financing statement. | RTF | |
§554.9808 - Person entitled to file initial financing statement or continuation statement. | RTF | |
§554.9809 - Priority. | RTF | |
§554.10101 - Effective date. | RTF | |
§554.10102 | RTF | |
§554.10103 - General repealer. | RTF | |
§554.10104 - Laws not repealed. | RTF | |
§554.10105 - Secretary of state exempted from personal liability. | RTF | |
§554.11101 - Effective date. | RTF | |
§554.11102 - Preservation of old transition provision. | RTF | |
§554.11103 - Transition to this chapter as amended — general rule. | RTF | |
§554.11104 - Transition provision on change of requirement of filing. | RTF | |
§554.11105 - Transition provision on change of place of filing. | RTF | |
§554.11106 | RTF | |
§554.11107 - Transition provisions as to priorities. | RTF | |
§554.11108 - Presumption that rule of law continues unchanged. | RTF | |
§554.11109 - Effect of official comments. | RTF | |
§554.12101 - Short title. | RTF | |
§554.12102 - Subject matter. | RTF | |
§554.12103 - Payment order — definitions. | RTF | |
§554.12104 - Funds transfer — definitions. | RTF | |
§554.12105 - Other definitions. | RTF | |
§554.12106 - Time payment order is received. | RTF | |
§554.12107 - Federal reserve regulations and operating circulars. | RTF | |
§554.12108 - Relationship to Electronic Fund Transfer Act. | RTF | |
§554.12201 - Security procedure. | RTF | |
§554.12202 - Authorized and verified payment orders. | RTF | |
§554.12203 - Unenforceability of certain verified payment orders. | RTF | |
§554.12204 - Refund of payment and duty of customer to report with respect to unauthorized payment order. | RTF | |
§554.12205 - Erroneous payment orders. | RTF | |
§554.12206 - Transmission of payment order through funds-transfer or other communication system. | RTF | |
§554.12207 - Misdescription of beneficiary. | RTF | |
§554.12208 - Misdescription of intermediary bank or beneficiary’s bank. | RTF | |
§554.12209 - Acceptance of payment order. | RTF | |
§554.12210 - Rejection of payment order. | RTF | |
§554.12211 - Cancellation and amendment of payment order. | RTF | |
§554.12212 - Liability and duty of receiving bank regarding unaccepted payment order. | RTF | |
§554.12301 - Execution and execution date. | RTF | |
§554.12302 - Obligations of receiving bank in execution of payment order. | RTF | |
§554.12303 - Erroneous execution of payment order. | RTF | |
§554.12304 - Duty of sender to report erroneously executed payment order. | RTF | |
§554.12305 - Liability for late or improper execution or failure to execute payment order. | RTF | |
§554.12401 - Payment date. | RTF | |
§554.12402 - Obligation of sender to pay receiving bank. | RTF | |
§554.12403 - Payment by sender to receiving bank. | RTF | |
§554.12404 - Obligation of beneficiary’s bank to pay and give notice to beneficiary. | RTF | |
§554.12405 - Payment by beneficiary’s bank to beneficiary. | RTF | |
§554.12406 - Payment by originator to beneficiary — discharge of underlying obligation. | RTF | |
§554.12501 - Variation by agreement and effect of funds-transfer system rule. | RTF | |
§554.12502 - Creditor process served on receiving bank — setoff by beneficiary’s bank. | RTF | |
§554.12503 - Injunction or restraining order with respect to funds transfer. | RTF | |
§554.12504 - Order in which items and payment orders may be charged to account — order of withdrawals from account. | RTF | |
§554.12505 - Preclusion of objection to debit of customer’s account. | RTF | |
§554.12506 - Rate of interest. | RTF | |
§554.12507 - Choice of law. | RTF | |
§554.13101 - Short title. | RTF | |
§554.13102 - Scope. | RTF | |
§554.13103 - Definitions and index of definitions. | RTF | |
§554.13104 - Leases subject to other law. | RTF | |
§554.13105 - Territorial application of Article to goods covered by certificate of title. | RTF | |
§554.13106 - Limitation on power of parties to consumer lease to choose applicable law and judicial forum. | RTF | |
§554.13107 - Waiver or renunciation of claim or right after default. | RTF | |
§554.13108 - Unconscionability. | RTF | |
§554.13109 - Option to accelerate at will. | RTF | |
§554.13201 - Statute of frauds. | RTF | |
§554.13202 - Final written expression — parol or extrinsic evidence. | RTF | |
§554.13203 - Seals inoperative. | RTF | |
§554.13204 - Formation in general. | RTF | |
§554.13205 - Firm offers. | RTF | |
§554.13206 - Offer and acceptance in formation of lease contract. | RTF | |
§554.13207 - Course of performance or practical construction. | RTF | |
§554.13208 - Modification, rescission, and waiver. | RTF | |
§554.13209 - Lessee under finance lease as beneficiary of supply contract. | RTF | |
§554.13210 - Express warranties. | RTF | |
§554.13211 - Warranties against interference and against infringement — lessee’s obligation against infringement. | RTF | |
§554.13212 - Implied warranty of merchantability. | RTF | |
§554.13213 - Implied warranty of fitness for particular purpose. | RTF | |
§554.13214 - Exclusion or modification of warranties. | RTF | |
§554.13215 - Cumulation and conflict of warranties express or implied. | RTF | |
§554.13216 - Third-party beneficiaries of express and implied warranties. | RTF | |
§554.13217 - Identification. | RTF | |
§554.13218 - Insurance and proceeds. | RTF | |
§554.13219 - Risk of loss. | RTF | |
§554.13220 - Effect of default on risk of loss. | RTF | |
§554.13221 - Casualty to identified goods. | RTF | |
§554.13301 - Enforceability of lease contract. | RTF | |
§554.13302 - Title to and possession of goods. | RTF | |
§554.13303 - Alienability of party’s interest under lease contract or of lessor’s residual interest in goods — delegation of performance — transfer of rights. | RTF | |
§554.13304 - Subsequent lease of goods by lessor. | RTF | |
§554.13305 - Sale or sublease of goods by lessee. | RTF | |
§554.13306 - Priority of certain liens arising by operation of law. | RTF | |
§554.13307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods. | RTF | |
§554.13308 - Special rights of creditors. | RTF | |
§554.13309 - Lessor’s and lessee’s rights when goods become fixtures. | RTF | |
§554.13310 - Lessor’s and lessee’s rights when goods become accessions. | RTF | |
§554.13311 - Priority subject to subordination. | RTF | |
§554.13401 - Insecurity — adequate assurance of performance. | RTF | |
§554.13402 - Anticipatory repudiation. | RTF | |
§554.13403 - Retraction of anticipatory repudiation. | RTF | |
§554.13404 - Substituted performance. | RTF | |
§554.13405 - Excused performance. | RTF | |
§554.13406 - Procedure on excused performance. | RTF | |
§554.13407 - Irrevocable promises — finance leases. | RTF | |
§554.13501 - Default — procedure. | RTF | |
§554.13502 - Notice after default. | RTF | |
§554.13503 - Modification or impairment of rights and remedies. | RTF | |
§554.13504 - Liquidation of damages. | RTF | |
§554.13505 - Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies. | RTF | |
§554.13506 - Statute of limitations. | RTF | |
§554.13507 - Proof of market rent — time and place. | RTF | |
§554.13508 - Lessee’s remedies. | RTF | |
§554.13509 - Lessee’s rights on improper delivery — rightful rejection. | RTF | |
§554.13510 - Installment lease contracts — rejection and default. | RTF | |
§554.13511 - Merchant lessee’s duties as to rightfully rejected goods. | RTF | |
§554.13512 - Lessee’s duties as to rightfully rejected goods. | RTF | |
§554.13513 - Cure by lessor of improper tender or delivery — replacement. | RTF | |
§554.13514 - Waiver of lessee’s objections. | RTF | |
§554.13515 - Acceptance of goods. | RTF | |
§554.13516 - Effect of acceptance of goods — notice of default — burden of establishing default after acceptance — notice of claim or litigation to person answerable over. | RTF | |
§554.13517 - Revocation of acceptance of goods. | RTF | |
§554.13518 - Cover — substitute goods. | RTF | |
§554.13519 - Lessee’s damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods. | RTF | |
§554.13520 - Lessee’s incidental and consequential damages. | RTF | |
§554.13521 - Lessee’s right to specific performance or replevin. | RTF | |
§554.13522 - Lessee’s right to goods on lessor’s insolvency. | RTF | |
§554.13523 - Lessor’s remedies. | RTF | |
§554.13524 - Lessor’s right to identify goods to lease contract. | RTF | |
§554.13525 - Lessor’s right to possession of goods. | RTF | |
§554.13526 - Lessor’s stoppage of delivery in transit or otherwise. | RTF | |
§554.13527 - Lessor’s rights to dispose of goods. | RTF | |
§554.13528 - Lessor’s damages for nonacceptance, failure to pay, repudiation, or other default. | RTF | |
§554.13529 - Lessor’s action for the rent. | RTF | |
§554.13530 - Lessor’s incidental damages. | RTF | |
§554.13531 - Standing to sue third parties for injury to goods. | RTF | |
§554.13532 - Lessor’s rights to residual interest. | RTF | |
§554.14101 - Short title. | RTF | |
§554.14102 - Definitions. | RTF | |
§554.14103 - Relation to Article 9 and consumer laws. | RTF | |
§554.14104 - Rights in controllable account, controllable electronic record, and controllable payment intangible. | RTF | |
§554.14105 - Control of controllable electronic record. | RTF | |
§554.14106 - Discharge of account debtor on controllable account or controllable payment intangible. | RTF | |
§554.14107 - Governing law. | RTF | |
§554.14108 - Applicability. | RTF | |
§554.14109 - Savings clause. | RTF | |
§554.15101 - Short title. | RTF | |
§554.15102 - Definitions. | RTF | |
§554.15201 - Saving clause. | RTF | |
§554.15301 - Saving clause. | RTF | |
§554.15302 - Security interest perfected before July 1, 2024. | RTF | |
§554.15303 - Security interest unperfected before July 1, 2024. | RTF | |
§554.15304 - Effectiveness of actions taken before July 1, 2024. | RTF | |
§554.15305 - Priority. | RTF | |
§554.15306 - Priority of claims when priority rules of Article 9 do not apply. | RTF |