Chapter 84.—UNIFORM COMMERCIAL CODE

Kansas Statutes

Chapter 84.—UNIFORM COMMERCIAL CODE

Revisor's Note:

The Official UCC Comments have not been submitted to nor approved by the Kansas Legislature and should not be construed as expressing legislative intent.

Article 1.—GENERAL PROVISIONS
- 84-1-101 Short titles.
- 84-1-102 Scope of article.
- 84-1-103 Construction of uniform commercial code to promote its purposes and policies; applicability of supplemental principles of law.
- 84-1-104 Construction against implied repeal.
- 84-1-105 Severability.
- 84-1-106 Use of singular and plural; gender.
- 84-1-107 Section captions.
- 84-1-108 Relation to electronic signatures in global and national commerce act.
- 84-1-109 Revisor's Note
- 84-1-201 General definitions.
- 84-1-202 Notice; knowledge.
- 84-1-203 Lease distinguished from security interest.
- 84-1-204 Value.
- 84-1-205 Reasonable time; seasonableness.
- 84-1-206 Presumptions.
- 84-1-207 Revisor's Note
- 84-1-301 Territorial applicability; parties' power to choose applicable law.
- 84-1-302 Variation by agreement.
- 84-1-303 Course of performance, course of dealing, and usage of trade.
- 84-1-304 Obligation of good faith.
- 84-1-305 Remedies to be liberally administered.
- 84-1-306 Waiver or renunciation of claim or right after breach.
- 84-1-307 Prima facie evidence by third-party documents.
- 84-1-308 Performance or acceptance under reservation of rights.
- 84-1-309 Option to accelerate at will.
- 84-1-310 Subordinated obligations.
Article 2.—SALES
- 84-2-101 Short title.
- 84-2-102 Scope; certain security and other transactions excluded from this article.
- 84-2-103 Definitions and index of definitions.
- 84-2-104 Definitions: "Merchant"; "between merchants"; "financing agency."
- 84-2-105 Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit".
- 84-2-106 Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination"; "cancellation".
- 84-2-107 Goods to be severed from realty: Recording.
- 84-2-201 Formal requirements; statute of frauds.
- 84-2-202 Final written expression: Parol or extrinsic evidence.
- 84-2-203 Seals inoperative.
- 84-2-204 Formation in general.
- 84-2-205 Firm offers.
- 84-2-206 Offer and acceptance in formation of contract.
- 84-2-207 Additional terms in acceptance or confirmation.
- 84-2-208 Repealed.
- 84-2-209 Modification, rescission and waiver.
- 84-2-210 Delegation of performance; assignment of rights.
- 84-2-301 General obligations of parties.
- 84-2-302 Unconscionable contract or clause.
- 84-2-303 Allocation or division of risks.
- 84-2-304 Price payable in money, goods, realty, or otherwise.
- 84-2-305 Open price term.
- 84-2-306 Output, requirements and exclusive dealings.
- 84-2-307 Delivery in single lot or several lots.
- 84-2-308 Absence of specified place for delivery.
- 84-2-309 Absence of specific time provisions; notice of termination.
- 84-2-310 Open time for payment or running of credit; authority to ship under reservation.
- 84-2-311 Options and cooperation respecting performance.
- 84-2-312 Warranty of title and against infringement; buyer's obligation against infringement.
- 84-2-313 Express warranties by affirmation, promise, description, sample.
- 84-2-314 Implied warranty: Merchantability; usage of trade.
- 84-2-315 Implied warranty: Fitness for particular purpose.
- 84-2-316 Exclusion or modification of warranties.
- 84-2-317 Cumulation and conflict of warranties express or implied.
- 84-2-318 Third party beneficiaries of warranties express or implied.
- 84-2-319 F.O.B. and F.A.S. terms.
- 84-2-320 C.I.F. and C.&F. terms.
- 84-2-321 C.I.F. or C.&F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival.
- 84-2-322 Delivery "ex-ship".
- 84-2-323 Form of bill of lading required in overseas shipment; "overseas."
- 84-2-324 "No arrival, no sale" term.
- 84-2-325 "Letter of credit" term; "confirmed credit".
- 84-2-326 Sale on approval and sale or return; rights of creditors.
- 84-2-327 Special incidents of sale on approval and sale or return.
- 84-2-328 Sale by auction.
- 84-2-401 Passing of title; reservation for security; limited application of this section.
- 84-2-402 Rights of seller's creditors against sold goods.
- 84-2-403 Power to transfer; good faith purchase of goods; "entrusting".
- 84-2-501 Insurable interest in goods; manner of identification of goods.
- 84-2-502 Buyer's right to goods on seller's repudiation, failure to deliver or insolvency.
- 84-2-503 Manner of seller's tender of delivery.
- 84-2-504 Shipment by seller.
- 84-2-505 Seller's shipment under reservation.
- 84-2-506 Rights of financing agency.
- 84-2-507 Effect of seller's tender; delivery on condition.
- 84-2-508 Cure by seller of improper tender or delivery; replacement.
- 84-2-509 Risk of loss in the absence of breach.
- 84-2-510 Effect of breach on risk of loss.
- 84-2-511 Tender of payment by buyer; payment by check.
- 84-2-512 Payment by buyer before inspection.
- 84-2-513 Buyer's right to inspection of goods.
- 84-2-514 When documents deliverable on acceptance; when on payment.
- 84-2-515 Preserving evidence of goods in dispute.
- 84-2-601 Buyer's rights on improper delivery.
- 84-2-602 Manner and effect of rightful rejection.
- 84-2-603 Merchant buyer's duties as to rightfully rejected goods.
- 84-2-604 Buyer's options as to salvage of rightfully rejected goods.
- 84-2-605 Waiver of buyer's objections by failure to particularize.
- 84-2-606 What constitutes acceptance of goods.
- 84-2-607 Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
- 84-2-608 Revocation of acceptance in whole or in part.
- 84-2-609 Right to adequate assurance of performance.
- 84-2-610 Anticipatory repudiation.
- 84-2-611 Retraction of anticipatory repudiation.
- 84-2-612 "Installment contract"; breach.
- 84-2-613 Casualty to identified goods.
- 84-2-614 Substituted performance.
- 84-2-615 Excuse by failure of presupposed conditions.
- 84-2-616 Procedure on notice claiming excuse.
- 84-2-701 Remedies for breach of collateral contracts not impaired.
- 84-2-702 Seller's remedies on discovery of buyer's insolvency.
- 84-2-703 Seller's remedies in general.
- 84-2-704 Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.
- 84-2-705 Seller's stoppage of delivery in transit or otherwise.
- 84-2-706 Seller's resale including contract for resale.
- 84-2-707 "Person in the position of a seller".
- 84-2-708 Seller's damages for nonacceptance or repudiation.
- 84-2-709 Action for the price.
- 84-2-710 Seller's incidental damages.
- 84-2-711 Buyer's remedies in general; buyer's security interest in rejected goods.
- 84-2-712 "Cover"; buyer's procurement of substitute goods.
- 84-2-713 Buyer's damages for nondelivery or repudiation.
- 84-2-714 Buyer's damages for breach in regard to accepted goods.
- 84-2-715 Buyer's incidental and consequential damages.
- 84-2-716 Buyer's right to specific performance or replevin.
- 84-2-717 Deduction of damages from the price.
- 84-2-718 Liquidation or limitation of damages; deposits.
- 84-2-719 Contractual modification or limitation of remedy.
- 84-2-720 Effect of "cancellation" or "rescission" on claims for antecedent breach.
- 84-2-721 Remedies for fraud.
- 84-2-722 Who can sue third parties for injury to goods.
- 84-2-723 Proof of market price: Time and place.
- 84-2-724 Admissibility of market quotations.
- 84-2-725 Statute of limitations in contracts for sale.
Article 2a.—LEASES
- 84-2a-101 Short title.
- 84-2a-102 Scope.
- 84-2a-103 Definitions and index of definitions.
- 84-2a-104 Leases subject to other law.
- 84-2a-105 Territorial application of article to goods covered by certificate of title.
- 84-2a-106 Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
- 84-2a-107 Waiver or renunciation of claim or right after default.
- 84-2a-108 Unconscionability.
- 84-2a-109 Option to accelerate at will.
- 84-2a-110 Terminal rent adjustment clauses.
- 84-2a-201 Statute of frauds.
- 84-2a-202 Final written expression: parol or extrinsic evidence.
- 84-2a-203 Seals inoperative.
- 84-2a-204 Formation in general.
- 84-2a-205 Firm offers.
- 84-2a-206 Offer and acceptance in formation of lease contract.
- 84-2a-207 Repealed.
- 84-2a-208 Modification, recission and waiver.
- 84-2a-209 Lessee under finance lease as beneficiary of supply contract.
- 84-2a-210 Express warranties.
- 84-2a-211 Warranties against interference and against infringement; lessee's obligation against infringement.
- 84-2a-212 Implied warranty of merchantability.
- 84-2a-213 Implied warranty of fitness for particular purpose.
- 84-2a-214 Exclusion or modification of warranties.
- 84-2a-215 Cumulation and conflict of warranties express or implied.
- 84-2a-216 Third-party beneficiaries of express and implied warranties.
- 84-2a-217 Identification.
- 84-2a-218 Insurance and proceeds.
- 84-2a-219 Risk of loss.
- 84-2a-220 Effect of default on risk of loss.
- 84-2a-221 Casualty to identified goods.
- 84-2a-301 Enforceability of lease contract.
- 84-2a-302 Title to and possession of goods.
- 84-2a-303 Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
- 84-2a-304 Subsequent lease of goods by lessor.
- 84-2a-305 Sale or sublease of goods by lessee.
- 84-2a-306 Priority of certain liens arising by operation of law.
- 84-2a-307 Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
- 84-2a-308 Special rights of creditors.
- 84-2a-309 Lessor's and lessee's rights when goods become fixtures.
- 84-2a-310 Lessor's and lessee's rights when goods become accessions.
- 84-2a-311 Priority subject to subordination.
- 84-2a-401 Insecurity: adequate assurance of performance.
- 84-2a-402 Anticipatory repudiation.
- 84-2a-403 Retraction of anticipatory repudiation.
- 84-2a-404 Substituted performance.
- 84-2a-405 Excused performance.
- 84-2a-406 Procedure on excused performance.
- 84-2a-407 Irrevocable promises: finance leases.
- 84-2a-501 Default; procedure.
- 84-2a-502 Notice after default.
- 84-2a-503 Modification or impairment of rights and remedies.
- 84-2a-504 Liquidation of damages.
- 84-2a-505 Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies.
- 84-2a-506 Statute of limitations.
- 84-2a-507 Proof of market rent: time and place.
- 84-2a-508 Lessee's remedies.
- 84-2a-509 Lessee's rights on improper delivery; rightful rejection.
- 84-2a-510 Installment lease contracts: rejection and default.
- 84-2a-511 Merchant lessee's duties as to rightfully rejected goods.
- 84-2a-512 Lessee's duties as to rightfully rejected goods.
- 84-2a-513 Cure by lessor of improper tender or delivery; replacement.
- 84-2a-514 Waiver of lessee's obligations.
- 84-2a-515 Acceptance of goods.
- 84-2a-516 Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
- 84-2a-517 Revocation of acceptance of goods.
- 84-2a-518 Cover; substitute goods.
- 84-2a-519 Lessee's damages for nondelivery, repudiation, default and breach of warranty in regard to accepted goods.
- 84-2a-520 Lessee's incidental and consequential damages.
- 84-2a-521 Lessee's right to specific performance or replevin.
- 84-2a-522 Lessee's right to goods on lessor's insolvency.
- 84-2a-523 Lessor's remedies.
- 84-2a-524 Lessor's right to identify goods to lease contract.
- 84-2a-525 Lessor's right to possession of goods.
- 84-2a-526 Lessor's stoppage of delivery in transit or otherwise.
- 84-2a-527 Lessor's rights to dispose of goods.
- 84-2a-528 Lessor's damages for non-acceptance, failure to pay, repudiation or other default.
- 84-2a-529 Lessor's action for the rent.
- 84-2a-530 Lessor's incidental damages.
- 84-2a-531 Standing to sue third parties for injury to goods.
- 84-2a-532 Lessor's rights to residual interest.
Article 3.—NEGOTIABLE INSTRUMENTS
- 84-3-101 Short Title.
- 84-3-102 Subject matter.
- 84-3-103 Definitions.
- 84-3-104 Negotiable instrument.
- 84-3-105 Issue of instrument.
- 84-3-106 Unconditional promise or order.
- 84-3-107 Instrument payable in foreign money.
- 84-3-108 Payable on demand or at a definite time.
- 84-3-109 Payable to bearer or to order.
- 84-3-110 Identification of person to whom instrument is payable.
- 84-3-111 Place of payment.
- 84-3-112 Interest.
- 84-3-113 Date of instrument.
- 84-3-114 Contradictory terms of instrument.
- 84-3-115 Incomplete instrument.
- 84-3-116 Joint and several liability; contribution.
- 84-3-117 Other agreements affecting instrument.
- 84-3-118 Statute of limitations.
- 84-3-119 Notice of right to defend action.
- 84-3-120 Revisor's Note
- 84-3-201 Negotiation.
- 84-3-202 Negotiation subject to rescission.
- 84-3-203 Transfer of instrument; rights acquired by transfer.
- 84-3-204 Endorsement.
- 84-3-205 Special endorsement; blank endorsement; anomalous endorsement.
- 84-3-206 Restrictive endorsement.
- 84-3-207 Reacquisition.
- 84-3-208 Revisor's Note
- 84-3-301 Person entitled to enforce instrument.
- 84-3-302 Holder in due course.
- 84-3-303 Value and consideration.
- 84-3-304 Overdue instrument.
- 84-3-305 Defenses and claims in recoupment.
- 84-3-306 Claims to an instrument.
- 84-3-307 Notice of breach of fiduciary duty.
- 84-3-308 Proof of signatures and status as holder in due course.
- 84-3-309 Enforcement of lost, destroyed or stolen instrument.
- 84-3-310 Effect of instrument on obligation for which taken.
- 84-3-311 Accord and satisfaction by use of instrument.
- 84-3-312 Lost, destroyed or stolen cashier's check, teller's check or certified check.
- 84-3-401 Signature.
- 84-3-402 Signature by representative.
- 84-3-403 Unauthorized signature.
- 84-3-404 Impostors; fictitious payees.
- 84-3-405 Employer's responsibility for fraudulent endorsement by employee.
- 84-3-406 Negligence contributing to forged signature or alteration of instrument.
- 84-3-407 Alteration.
- 84-3-408 Drawee not liable on unaccepted draft.
- 84-3-409 Acceptance of draft; certified check.
- 84-3-410 Acceptance varying draft.
- 84-3-411 Refusal to pay cashier's checks, teller's checks and certified checks.
- 84-3-412 Obligation of issuer of note or cashier's check.
- 84-3-413 Obligation of acceptor.
- 84-3-414 Obligation of drawer.
- 84-3-415 Obligation of endorser.
- 84-3-416 Transfer warranties.
- 84-3-417 Presentment warranties.
- 84-3-418 Payment or acceptance by mistake.
- 84-3-419 Instrument signed for accommodation.
- 84-3-420 Conversion of instrument.
- 84-3-501 Presentment.
- 84-3-502 Dishonor.
- 84-3-503 Notice of dishonor.
- 84-3-504 Excused presentment and notice of dishonor.
- 84-3-505 Evidence of dishonor.
- 84-3-506 Revisor's Note
- 84-3-601 Discharge and effect of discharge.
- 84-3-602 Payment.
- 84-3-603 Tender of payment.
- 84-3-604 Discharge by cancellation or renunciation.
- 84-3-605 Discharge of endorsers and accommodation parties.
- 84-3-606 Revisor's Note
- 84-3-700 Revisor's Note
- 84-3-800 Revisor's Note
Article 4.—BANK DEPOSITS AND COLLECTIONS
- 84-4-101 Short title.
- 84-4-102 Applicability.
- 84-4-103 Variation by agreement; measure of damages; action constituting ordinary care.
- 84-4-104 Definitions and index of definitions.
- 84-4-105 "Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank".
- 84-4-106 Payable through or payable at bank; collecting bank.
- 84-4-107 Separate office of bank.
- 84-4-108 Time of receipt of items.
- 84-4-109 Delays.
- 84-4-110 Electronic presentment.
- 84-4-111 Statute of limitations.
- 84-4-201 Status of collecting bank as agent and provisional status of credits; applicability of article; item endorsed "pay any bank".
- 84-4-202 Responsibility for collection or return; when action timely.
- 84-4-203 Effect of instructions.
- 84-4-204 Methods of sending and presenting; sending directly to payor bank.
- 84-4-205 Depository bank holder of unendorsed item.
- 84-4-206 Transfer between banks.
- 84-4-207 Transfer warranties.
- 84-4-208 Presentment warranties.
- 84-4-209 Encoding and retention warranties.
- 84-4-210 Security interest of collecting bank in items, accompanying documents and proceeds.
- 84-4-211 When bank gives value for purposes of holder in due course.
- 84-4-212 Presentment by notice of item not payable by, through or at bank; liability of drawer or endorser.
- 84-4-213 Medium and time of settlement by bank.
- 84-4-214 Right of charge-back or refund; liability of collecting bank; return of item.
- 84-4-215 Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
- 84-4-216 Insolvency and preference.
- 84-4-301 Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
- 84-4-302 Payor bank's responsibility for late return of item.
- 84-4-303 When items subject to notice, stop-payment order, legal process or setoff; order in which items may be charged or certified.
- 84-4-401 When bank may charge customer's account.
- 84-4-402 Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
- 84-4-403 Customer's right to stop payment; burden of proof of loss.
- 84-4-404 Bank not obligated to pay check more than six months old.
- 84-4-405 Death or incompetence of customer.
- 84-4-406 Customer's duty to discover and report unauthorized signature or alteration.
- 84-4-407 Payor bank's right to subrogation on improper payment.
- 84-4-501 Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
- 84-4-502 Presentment of "on arrival" drafts.
- 84-4-503 Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
- 84-4-504 Privilege of presenting bank to deal with goods; security interest for expenses.
Article 4a.—FUNDS TRANSFERS
- 84-4a-101 Short title.
- 84-4a-102 Subject matter.
- 84-4a-103 Payment order—definitions.
- 84-4a-104 Funds transfer—definitions.
- 84-4a-105 Other definitions.
- 84-4a-106 Time payment order is received.
- 84-4a-107 Federal reserve regulations and operating circulars.
- 84-4a-108 Exclusion of consumer transactions governed by federal law; exceptions.
- 84-4a-201 Security procedure.
- 84-4a-202 Authorized and verified payment orders.
- 84-4a-203 Unenforceability of certain verified payment orders.
- 84-4a-204 Refund of payment and duty of customer to report with respect to unauthorized payment order.
- 84-4a-205 Erroneous payment orders.
- 84-4a-206 Transmission of payment order through funds transfer or other communication system.
- 84-4a-207 Misdescription of beneficiary.
- 84-4a-208 Misdescription of intermediary bank or beneficiary's bank.
- 84-4a-209 Acceptance of payment order.
- 84-4a-210 Rejection of payment order.
- 84-4a-211 Cancellation and amendment of payment order.
- 84-4a-212 Liability and duty of receiving bank regarding unaccepted payment order.
- 84-4a-301 Execution and execution date.
- 84-4a-302 Obligations of receiving bank in execution of payment order.
- 84-4a-303 Erroneous execution of payment order.
- 84-4a-304 Duty of sender to report erroneously executed payment order.
- 84-4a-305 Liability for late or improper execution or failure to execute payment order.
- 84-4a-401 Payment date.
- 84-4a-402 Obligation of sender to pay receiving bank.
- 84-4a-403 Payment by sender to receiving bank.
- 84-4a-404 Obligation of beneficiary's bank to pay and give notice to beneficiary.
- 84-4a-405 Payment by beneficiary's bank to beneficiary.
- 84-4a-406 Payment by originator to beneficiary; discharge of underlying obligation.
- 84-4a-501 Variation by agreement and effect of funds-transfer system rule.
- 84-4a-502 Creditor process served on receiving bank; setoff by beneficiary's bank.
- 84-4a-503 Injunction or restraining order with respect to funds transfer.
- 84-4a-504 Order in which items and payment orders may be charged to account; order of withdrawals from account.
- 84-4a-505 Preclusion of objection to debit of customer's account.
- 84-4a-506 Rate of interest.
- 84-4a-507 Choice of law.
Article 5.—LETTERS OF CREDIT
- 84-5-101 Short title.
- 84-5-102 Definitions.
- 84-5-103 Scope.
- 84-5-104 Formal requirements.
- 84-5-105 Consideration.
- 84-5-106 Issuance, amendment, cancellation and duration.
- 84-5-107 Confirmer, nominated person and adviser.
- 84-5-108 Issuer's rights and obligations.
- 84-5-109 Fraud and forgery.
- 84-5-110 Warranties.
- 84-5-111 Remedies.
- 84-5-112 Transfer of letter of credit.
- 84-5-113 Transfer by operation of law.
- 84-5-114 Assignment of proceeds.
- 84-5-115 Statute of limitations.
- 84-5-116 Choice of law and forum.
- 84-5-117 Subrogation of issuer, applicant and nominated person.
- 84-5-118 Applicability.
- 84-5-119 Savings clause.
Article 6.—BULK TRANSFERS (Repealed)
- 84-6-101 through 84-6-111 Repealed.
Article 7.—WAREHOUSE RECEIPTS, BILLS OF LADING AND OTHER DOCUMENTS OF TITLE
- 84-7-101 Short title.
- 84-7-102 Definitions and index of definitions.
- 84-7-103 Relation of article to treaty or statute.
- 84-7-104 Negotiable and nonnegotiable document of title.
- 84-7-105 Reissuance in alternative medium.
- 84-7-106 Control of electronic document of title.
- 84-7-201 Person that may issue a warehouse receipt; storage under bond.
- 84-7-202 Form of warehouse receipt; effect of omission.
- 84-7-203 Liability for nonreceipt or misdescription.
- 84-7-204 Duty of care; contractual limitation of warehouse's liability.
- 84-7-205 Title under warehouse receipt defeated in certain cases.
- 84-7-206 Termination of storage at warehouse's option.
- 84-7-207 Goods must be kept separate; fungible goods.
- 84-7-208 Altered warehouse receipts.
- 84-7-209 Lien of warehouse.
- 84-7-210 Enforcement of warehouse's lien.
- 84-7-301 Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load and count"; improper handling.
- 84-7-302 Through bills of lading and similar documents of title.
- 84-7-303 Diversion; reconsignment; change of instructions.
- 84-7-304 Tangible bills of lading in a set.
- 84-7-305 Destination bills.
- 84-7-306 Altered bills of lading.
- 84-7-307 Lien of carrier.
- 84-7-308 Enforcement of carrier's lien.
- 84-7-309 Duty of care; contractual limitation of carrier's liability.
- 84-7-401 Irregularities in issue of receipt or bill or conduct of issuer.
- 84-7-402 Duplicate document of title; overissue.
- 84-7-403 Obligation of bailee to deliver; excuse.
- 84-7-404 No liability for good faith delivery pursuant to document of title.
- 84-7-501 Form of negotiation and requirements of due negotiation.
- 84-7-502 Rights acquired by due negotiation.
- 84-7-503 Document of title to goods defeated in certain cases.
- 84-7-504 Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.
- 84-7-505 Indorser not a guarantor for other parties.
- 84-7-506 Delivery without indorsement; right to compel indorsement.
- 84-7-507 Warranties on negotiation or delivery of document of title.
- 84-7-508 Warranties of collecting bank as to documents of title.
- 84-7-509 Adequate compliance with commercial contract.
- 84-7-601 Lost, stolen or destroyed documents of title.
- 84-7-602 Judicial process against goods covered by negotiable document of title.
- 84-7-603 Conflicting claims; interpleader.
- 84-7-701, 84-7-702 Reserved.
- 84-7-703 Applicability.
- 84-7-704 Savings clause.
Article 8.—INVESTMENT SECURITIES
- 84-8-101 Short title.
- 84-8-102 Definitions.
- 84-8-103 Rules for determining whether certain obligations and interests are securities or financial assets.
- 84-8-104 Acquisition of security or financial asset or interest therein.
- 84-8-105 Notice of adverse claim.
- 84-8-106 Control.
- 84-8-107 Whether indorsement, instruction or entitlement order is effective.
- 84-8-108 Warranties in direct holding.
- 84-8-109 Warranties in indirect holding.
- 84-8-110 Applicability; choice of law.
- 84-8-111 Clearing corporation rules.
- 84-8-112 Creditor's legal process.
- 84-8-113 Statute of frauds inapplicable.
- 84-8-114 Evidentiary rules concerning certificated securities.
- 84-8-115 Securities intermediary and others not liable to adverse claimant.
- 84-8-116 Securities intermediary as purchaser for value.
- 84-8-201 Issuer.
- 84-8-202 Issuer's responsibility and defenses; notice of defect or defense.
- 84-8-203 Staleness as notice of defect or defense.
- 84-8-204 Effect of issuer's restriction on transfer.
- 84-8-205 Effect of unauthorized signature on security certificate.
- 84-8-206 Completion or alteration of security certificate.
- 84-8-207 Rights and duties of issuer with respect to registered owners.
- 84-8-208 Effect of signature of authenticating trustee, registrar or transfer agent.
- 84-8-209 Issuer's lien.
- 84-8-210 Overissue.
- 84-8-301 Delivery.
- 84-8-302 Rights of purchaser.
- 84-8-303 Protected purchaser.
- 84-8-304 Indorsement.
- 84-8-305 Instruction.
- 84-8-306 Effect of guaranteeing signature, indorsement or instruction.
- 84-8-307 Purchaser's right to requisites for registration of transfer.
- 84-8-308 Revisor's Note
- 84-8-401 Duty of issuer to register transfer.
- 84-8-402 Assurance that indorsement or instruction is effective.
- 84-8-403 Demand that issuer not register transfer.
- 84-8-404 Wrongful registration.
- 84-8-405 Replacement of lost, destroyed or wrongfully taken security certificate.
- 84-8-406 Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate.
- 84-8-407 Authenticating trustee, transfer agent and registrar.
- 84-8-408 Revisor's Note
- 84-8-501 Securities account; acquisition of security entitlement from securities intermediary.
- 84-8-502 Assertion of adverse claim against entitlement holder.
- 84-8-503 Property interest of entitlement holder in financial asset held by securities intermediary.
- 84-8-504 Duty of securities intermediary to maintain financial asset.
- 84-8-505 Duty of securities intermediary with respect to payments and distributions.
- 84-8-506 Duty of securities intermediary to exercise rights as directed by entitlement holder.
- 84-8-507 Duty of securities intermediary to comply with entitlement order.
- 84-8-508 Duty of securities intermediary to change entitlement holder's position to other form of security holding.
- 84-8-509 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.
- 84-8-510 Rights of purchaser of security entitlement from entitlement holder.
- 84-8-511 Priority among security interests and entitlement holders.
- 84-8-601 Savings clause.
Article 9.—SECURED TRANSACTIONS
- 84-9-101 Short title.
- 84-9-102 Definitions and index of definitions.
- 84-9-103 Purchase-money security interest; application of payments; burden of establishing.
- 84-9-104 Control of deposit account.
- 84-9-105 Control of electronic chattel paper.
- 84-9-106 Control of investment property.
- 84-9-107 Control of letter-of-credit right.
- 84-9-108 Sufficiency of description.
- 84-9-109 Scope.
- 84-9-110 Security interests arising under Article 2 or 2a.
- 84-9-111 Repealed.
- 84-9-112 through 84-9-116 Revisor's Note
- 84-9-201 General effectiveness of security agreement.
- 84-9-202 Title to collateral immaterial.
- 84-9-203 Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
- 84-9-204 After-acquired property; future advances.
- 84-9-205 Use or disposition of collateral permissible.
- 84-9-206 Security interest arising in purchase or delivery of financial asset.
- 84-9-207 Rights and duties of secured party having possession or control of collateral.
- 84-9-208 Additional duties of secured party having control of collateral.
- 84-9-209 Duties of secured party if account debtor has been notified of assignment.
- 84-9-210 Request for accounting; request regarding list of collateral or statement of account.
- 84-9-301 Law governing perfection of priority of security interests.
- 84-9-302 Law governing perfection and priority of agricultural liens.
- 84-9-303 Law governing perfection and priority of security interests in goods covered by a certificate of title.
- 84-9-304 Law governing perfection and priority of security interests in deposit accounts.
- 84-9-305 Law governing perfection and priority of security interests in investment property.
- 84-9-306 Law governing perfection and priority of security interests in letter-of-credit rights.
- 84-9-307 Location of debtor, registered organization, United States, foreign bank branch or agency, or foreign air carrier.
- 84-9-308 When security interest or agricultural lien is perfected; continuity of perfection.
- 84-9-309 Security interest perfected upon attachment.
- 84-9-310 When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
- 84-9-311 Perfection of security interests in property subject to other laws; duration and renewal of perfection; inapplicability to certain collateral.
- 84-9-312 Perfection of security interests in chattel paper, deposit accounts, 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.
- 84-9-313 When possession by or delivery to secured party perfects security interest without filing.
- 84-9-314 Perfection by control.
- 84-9-315 Secured party's rights on disposition of collateral and in proceeds.
- 84-9-316 Continued perfection of security interest following change in governing law.
- 84-9-317 Interests that take priority over or take free of security interest or agricultural lien.
- 84-9-318 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.
- 84-9-319 Rights and title of consignee with respect to creditors and purchasers.
- 84-9-320 Buyer of goods.
- 84-9-321 Licensee of general intangible and lessee of goods in ordinary course of business.
- 84-9-322 Priorities among conflicting security interests in and agricultural liens on same collateral.
- 84-9-323 Future advances.
- 84-9-324 Priority of purchase-money security interests.
- 84-9-325 Priority of security interests in transferred collateral.
- 84-9-326 Priority of security interests created by new debtor; multiple original debtors.
- 84-9-327 Priority of security interests in deposit account.
- 84-9-328 Priority of security interests in investment property.
- 84-9-329 Priority of security interests in letter-of-credit right.
- 84-9-330 Priority of purchaser of chattel paper or instrument.
- 84-9-331 Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under article 8.
- 84-9-332 Transfer of money; transfer of funds from deposit account.
- 84-9-333 Priority of certain liens arising by operation of law.
- 84-9-334 Priority of security interests in fixtures and crops.
- 84-9-335 Accessions.
- 84-9-336 Commingled goods.
- 84-9-337 Priority of security interests in goods covered by certificate of title.
- 84-9-338 Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
- 84-9-339 Priority subject to subordination.
- 84-9-339a Security interests in proceeds from oil and gas production; perfection; priority; definition of terms.
- 84-9-340 Effectiveness of right of recoupment or set-off against deposit account.
- 84-9-341 Bank's rights and duties with respect to deposit account.
- 84-9-342 Bank's right to refuse to enter into or disclose existence of control agreement.
- 84-9-401 Alienability of debtor's rights.
- 84-9-402 Secured party not obligated on contract of debtor or in tort.
- 84-9-402a Revisor's Note
- 84-9-403 Agreement not to assert defenses against assignee.
- 84-9-404 Rights acquired by assignee; claims and defenses against assignee.
- 84-9-405 Modification of assigned contract.
- 84-9-406 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.
- 84-9-407 Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
- 84-9-408 Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
- 84-9-409 Restrictions on assignment of letter-of-credit rights ineffective.
- 84-9-410 Revisor's Note
- 84-9-411 through 84-9-414 Revisor's Note
- 84-9-501 Filing office.
- 84-9-502 Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
- 84-9-503 Same; name of debtor.
- 84-9-504 Indication of collateral.
- 84-9-505 Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
- 84-9-506 Effect of errors or omissions.
- 84-9-507 Effectiveness of financing statement; disposition of collateral; seriously misleading information; change in debtor's name.
- 84-9-508 Effectiveness of financing statement if new debtor becomes bound by security agreement.
- 84-9-509 Persons entitled to file a record.
- 84-9-510 Effectiveness of filed record.
- 84-9-511 Secured party of record.
- 84-9-512 Amendment of financing statement.
- 84-9-513 Termination statement.
- 84-9-514 Assignment of powers of secured party of record.
- 84-9-515 Duration and effectiveness of financing statement; lapse and continuation of financing statement.
- 84-9-516 What constitutes filing; effectiveness of filing.
- 84-9-517 Effect of indexing errors.
- 84-9-518 Filing information statements identifying inaccurate or wrongfully filed records; contents.
- 84-9-519 Numbering, maintaining, and indexing records; communicating information provided in records.
- 84-9-520 Acceptance and refusal to accept record.
- 84-9-521 Written initial financing statement and amendment; form.
- 84-9-522 Maintenance and destruction of records.
- 84-9-523 Information from filing office; sale or license of records.
- 84-9-524 Delay by filing office.
- 84-9-525 Fees.
- 84-9-526 Filing office rules.
- 84-9-527 Duty to report.
- 84-9-601 Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.
- 84-9-602 Waiver and variance of rights and duties.
- 84-9-603 Agreement on standards concerning rights and duties.
- 84-9-604 Procedure if security agreement covers real property or fixtures.
- 84-9-605 Unknown debtor or secondary obligor.
- 84-9-606 Time of default for agricultural lien.
- 84-9-607 Collection and enforcement by secured party.
- 84-9-608 Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
- 84-9-609 Secured party's alternatives after default; with or without judicial process; assembly of collateral.
- 84-9-610 Disposition of collateral after default.
- 84-9-611 Notification before disposition of collateral.
- 84-9-612 Timelines of notification before disposition of collateral.
- 84-9-613 Contents and form of notification before disposition of collateral; general.
- 84-9-614 Contents and form of notification before disposition of collateral; consumer-goods transaction.
- 84-9-615 Application of proceeds of disposition; liability for deficiency and right to surplus.
- 84-9-616 Explanation of calculation of surplus or deficiency.
- 84-9-617 Rights of transferee of collateral.
- 84-9-618 Rights and duties.
- 84-9-619 Transfer of record or legal title.
- 84-9-620 Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
- 84-9-621 Notification of proposal to accept collateral.
- 84-9-622 Effect of acceptance of collateral.
- 84-9-623 Right to redeem collateral.
- 84-9-624 Waiver.
- 84-9-625 Judicial remedies for secured party noncompliance; damages.
- 84-9-626 Action in which deficiency or surplus is in issue. Applicable rules if amount of deficiency or surplus in issue.
- 84-9-627 Determination of whether conduct was commercially reasonable.
- 84-9-628 Nonliability and limitation on liability of secured party.
- 84-9-701 Reserved.
- 84-9-702 Savings clause.
- 84-9-703 Security interest perfected before effective date.
- 84-9-704 Security interest unperfected before effective date.
- 84-9-705 Effectiveness of action taken before effective date.
- 84-9-706 When initial financing statement suffices to continue effectiveness of financing statement.
- 84-9-707 Pre-effective-date financing statement; applicable law; amendment.
- 84-9-708 Persons entitled to file initial financing statement or continuation statement.
- 84-9-709 Priority.
- 84-9-801 Specifying sections that are part of article 9 of the uniform act.
- 84-9-802 Savings clause.
- 84-9-803 Security interest perfected before effective date.
- 84-9-804 Security interest unperfected before effective date.
- 84-9-805 Effectiveness of action taken before effective date.
- 84-9-806 When initial financing statement suffices to continue effectiveness of financing statement.
- 84-9-807 Amendment of pre-effective date financing statement.
- 84-9-808 Person entitled to file initial financing statement or continuation statement.
- 84-9-809 Priority.
Article 10.—EFFECTIVE DATE AND REPEALER
- 84-10-101 Laws not repealed.
- 84-10-102 Repealer.

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