Source: https://chowinslaw.com/resources/texas-business-laws/352-texas-u-c-c-general-provisions
Timestamp: 2019-04-23 04:02:14+00:00

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(a) This title may be cited as the Uniform Commercial Code.
§ 1.102. SCOPE OF CHAPTER.
This chapter applies to a transaction to the extent that it is governed by another chapter of this title.
§ 1.103. CONSTRUCTION OF TITLE TO PROMOTE ITS PURPOSES AND POLICIES; APPLICABILITY OF SUPPLEMENTAL PRINCIPLES OF LAW.
§ 1.104. CONSTRUCTION AGAINST IMPLIED REPEAL.
If any provision or clause of this title or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of this title which can be given effect without the invalid provision or application, and to this end the provisions of this title are severable.
§ 1.106. USE OF SINGULAR AND PLURAL; GENDER.
Section captions are parts of this title.
§ 1.108. RELATION TO ELECTRONIC SIGNATURES IN GLOBAL AND NATIONAL COMMERCE ACT.
This title modifies, limits, and supersedes the federal Electronic Signatures in Global and National Commerce Act (15 U.S.C. Section 7001 et seq.) but does not modify, limit, or supersede Section 101(c) of that Act (15 U.S.C. Section 7001(c)) or authorize electronic delivery of any of the notices described in Section 103(b) of that Act (15 U.S.C. Section 7003(b)).
(a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other chapters of this title that apply to particular chapters or parts thereof, have the meanings stated.
§ 1.203. LEASE DISTINGUISHED FROM SECURITY INTEREST.
§ 1.205. REASONABLE TIME; SEASONABLENESS.
(a) Whether a time for taking an action required by this title is reasonable depends on the nature, purpose, and circumstances of the action.
Whenever this title 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 unless and until evidence is introduced that supports a finding of its nonexistence.
§ 1.301. TERRITORIAL APPLICATION OF THE TITLE; PARTIES' POWER TO CHOOSE APPLICABLE LAW.
(a) Except as provided hereafter in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties. Failing such agreement this title applies to transactions bearing an appropriate relation to this state.
§ 1.302. VARIATION BY AGREEMENT.
(a) Except as otherwise provided in Subsection (b) or elsewhere in this title, the effect of provisions of this title may be varied by agreement.
§ 1.303. COURSE OF PERFORMANCE, COURSE OF DEALING, AND USAGE OF TRADE.
§ 1.304. OBLIGATION OF GOOD FAITH.
Every contract or duty within this title imposes an obligation of good faith in its performance and enforcement.
§ 1.305. REMEDIES TO BE LIBERALLY ADMINISTERED.
(a) The remedies provided by this title must be liberally administered to the end that the aggrieved party may be put in as good a position as if the other party had fully performed but neither consequential or special damages nor penal damages may be had except as specifically provided in this title or by other rule of law.
§ 1.306. WAIVER OF RENUNCIATION OF CLAIM OR RIGHT AFTER BREACH.
§ 1.307. PRIMA FACIE EVIDENCE BY THIRD-PARTY DOCUMENTS.
§ 1.308. PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF RIGHTS.
§ 1.309. OPTION TO ACCELERATE AT WILL.
An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate its right to performance of an obligation by agreement with either the person obligated or another creditor of the person obligated. Subordination does not create a security interest as against either the common debtor or a subordinated creditor.

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