Source: https://www.legis.iowa.gov/law/iowaCode/sections?codeChapter=554&year=2014
Timestamp: 2019-08-21 19:07:17
Document Index: 420605442

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Iowa Legislature - Code Section Listings
The Iowa Legislature > Iowa Law & Rules > Iowa Code > Code Section Listings Print Permanent Link
Iowa Code - 2014
Title XIII - COMMERCE | Back to Title Listing
Chapter 554 - UNIFORM COMMERCIAL CODE | Back to Chapter Listing
§554.1101 - Short titles. PDF RTF
§554.1102 - Scope of Article. PDF RTF
§554.1103 - Construction of this chapter to promote its purposes and policies — applicability of supplemental principles of law. PDF RTF
§554.1104 - Construction against implied repeal. PDF RTF
§554.1105 - Severability. PDF RTF
§554.1106 - Use of singular and plural — gender. PDF RTF
§554.1107 - Section captions. PDF RTF
§554.1108 - Relation to Electronic Signatures in Global and National Commerce Act. PDF RTF
§554.1109 - Section captions. PDF RTF
§554.1110 - Rules for filing and indexing.* PDF RTF
§554.1201 - General definitions. PDF RTF
§554.1202 - Notice — knowledge. PDF RTF
§554.1203 - Lease distinguished from security interest. PDF RTF
§554.1204 - Value. PDF RTF
§554.1205 - Reasonable time — seasonableness. PDF RTF
§554.1206 - Presumptions. PDF RTF
§554.1207 - Performance or acceptance under reservation of rights. PDF RTF
§554.1208 - Option to accelerate at will. PDF RTF
§554.1209 - Subordinated obligations. PDF RTF
§554.1301 - Territorial applicability — parties’ power to choose applicable law. PDF RTF
§554.1302 - Variation by agreement. PDF RTF
§554.1303 - Course of performance, course of dealing, and usage of trade. PDF RTF
§554.1304 - Obligation of good faith. PDF RTF
§554.1305 - Remedies to be liberally administered. PDF RTF
§554.1306 - Waiver or renunciation of claim or right after breach. PDF RTF
§554.1307 - Prima facie evidence by third-party documents. PDF RTF
§554.1308 - Performance or acceptance under reservation of rights. PDF RTF
§554.1309 - Option to accelerate at will. PDF RTF
§554.1310 - Subordinated obligations. PDF RTF
§554.2101 - Short title. PDF RTF
§554.2102 - Scope — certain security and other transactions excluded from this Article. PDF RTF
§554.2103 - Definitions and index of definitions. PDF RTF
§554.2104 - Definitions:“merchant” — “between merchants” — “financing agency”. PDF RTF
§554.2105 - Definitions:transferability — “goods” — “future” goods — “lot” — “commercial unit”. PDF RTF
§554.2106 - Definitions:“contract” — “agreement” — “contract for sale” — “sale” — “present sale” — “conforming” to contract — “termination” — “cancellation”. PDF RTF
§554.2107 - Goods to be severed from realty:recording. PDF RTF
§554.2201 - Formal requirements — statute of frauds. PDF RTF
§554.2202 - Final written expression — parol or extrinsic evidence. PDF RTF
§554.2203 - Seals inoperative. PDF RTF
§554.2204 - Formation in general. PDF RTF
§554.2205 - Firm offers. PDF RTF
§554.2206 - Offer and acceptance in formation of contract. PDF RTF
§554.2207 - Additional terms in acceptance or confirmation. PDF RTF
§554.2208 - Course of performance or practical construction. PDF RTF
§554.2209 - Modification, rescission and waiver. PDF RTF
§554.2210 - Delegation of performance — assignment of rights. PDF RTF
§554.2301 - General obligations of parties. PDF RTF
§554.2302 - Unconscionable contract or clause. PDF RTF
§554.2303 - Allocation or division of risks. PDF RTF
§554.2304 - Price payable in money, goods, realty, or otherwise. PDF RTF
§554.2305 - Open price term. PDF RTF
§554.2306 - Output, requirements and exclusive dealings. PDF RTF
§554.2307 - Delivery in single lot or several lots. PDF RTF
§554.2308 - Absence of specified place for delivery. PDF RTF
§554.2309 - Absence of specific time provisions — notice of termination. PDF RTF
§554.2310 - Open time for payment or running of credit — authority to ship under reservation. PDF RTF
§554.2311 - Options and cooperation respecting performance. PDF RTF
§554.2312 - Warranty of title and against infringement — buyer’s obligation against infringement. PDF RTF
§554.2313 - Express warranties by affirmation, promise, description, sample. PDF RTF
§554.2314 - Implied warranty:merchantability — usage of trade. PDF RTF
§554.2315 - Implied warranty — fitness for particular purpose. PDF RTF
§554.2316 - Exclusion or modification of warranties. PDF RTF
§554.2317 - Cumulation and conflict of warranties express or implied. PDF RTF
§554.2318 - Third party beneficiaries of warranties express or implied. PDF RTF
§554.2319 - F.O.B. and F.A.S. terms. PDF RTF
§554.2320 - C.I.F. and C. & F. terms. PDF RTF
§554.2321 - C.I.F. or C. & F. — “net landed weights” — “payment on arrival” — warranty of condition on arrival. PDF RTF
§554.2322 - Delivery “ex-ship”. PDF RTF
§554.2323 - Form of bill of lading required in overseas shipment — “overseas”. PDF RTF
§554.2324 - “No arrival, no sale” term. PDF RTF
§554.2325 - “Letter of credit” term — “confirmed credit”. PDF RTF
§554.2326 - Sale on approval and sale or return — rights of creditors. PDF RTF
§554.2327 - Special incidents of sale on approval and sale or return. PDF RTF
§554.2328 - Sale by auction. PDF RTF
§554.2401 - Passing of title — reservation for security — limited application of this section. PDF RTF
§554.2402 - Rights of seller’s creditors against sold goods. PDF RTF
§554.2403 - Power to transfer — good faith purchase of goods — “entrusting”. PDF RTF
§554.2501 - Insurable interest in goods — manner of identification of goods. PDF RTF
§554.2502 - Buyer’s right to goods on seller’s repudiation, failure to deliver, or insolvency. PDF RTF
§554.2503 - Manner of seller’s tender of delivery. PDF RTF
§554.2504 - Shipment by seller. PDF RTF
§554.2505 - Seller’s shipment under reservation. PDF RTF
§554.2506 - Rights of financing agency. PDF RTF
§554.2507 - Effect of seller’s tender — delivery on condition. PDF RTF
§554.2508 - Cure by seller of improper tender or delivery — replacement. PDF RTF
§554.2509 - Risk of loss in the absence of breach. PDF RTF
§554.2510 - Effect of breach on risk of loss. PDF RTF
§554.2511 - Tender of payment by buyer — payment by check. PDF RTF
§554.2512 - Payment by buyer before inspection. PDF RTF
§554.2513 - Buyer’s right to inspection of goods. PDF RTF
§554.2514 - When documents deliverable on acceptance — when on payment. PDF RTF
§554.2515 - Preserving evidence of goods in dispute. PDF RTF
§554.2601 - Buyer’s rights on improper delivery. PDF RTF
§554.2602 - Manner and effect of rightful rejection. PDF RTF
§554.2603 - Merchant buyer’s duties as to rightfully rejected goods. PDF RTF
§554.2604 - Buyer’s options as to salvage of rightfully rejected goods. PDF RTF
§554.2605 - Waiver of buyer’s objections by failure to particularize. PDF RTF
§554.2606 - What constitutes acceptance of goods. PDF RTF
§554.2607 - Effect of acceptance — notice of breach — burden of establishing breach after acceptance — notice of claim or litigation to person answerable over. PDF RTF
§554.2608 - Revocation of acceptance in whole or in part. PDF RTF
§554.2609 - Right to adequate assurance of performance. PDF RTF
§554.2610 - Anticipatory repudiation. PDF RTF
§554.2611 - Retraction of anticipatory repudiation. PDF RTF
§554.2612 - “Installment contract” — breach. PDF RTF
§554.2613 - Casualty to identified goods. PDF RTF
§554.2614 - Substituted performance. PDF RTF
§554.2615 - Excuse by failure of presupposed conditions. PDF RTF
§554.2616 - Procedure on notice claiming excuse. PDF RTF
§554.2701 - Remedies for breach of collateral contracts not impaired. PDF RTF
§554.2702 - Seller’s remedies on discovery of buyer’s insolvency. PDF RTF
§554.2703 - Seller’s remedies in general. PDF RTF
§554.2704 - Seller’s right to identify goods to the contract notwithstanding breach or to salvage unfinished goods. PDF RTF
§554.2705 - Seller’s stoppage of delivery in transit or otherwise. PDF RTF
§554.2706 - Seller’s resale including contract for resale. PDF RTF
§554.2707 - “Person in the position of a seller”. PDF RTF
§554.2708 - Seller’s damages for nonacceptance or repudiation. PDF RTF
§554.2709 - Action for the price. PDF RTF
§554.2710 - Seller’s incidental damages. PDF RTF
§554.2711 - Buyer’s remedies in general — buyer’s security interest in rejected goods. PDF RTF
§554.2712 - “Cover” — buyer’s procurement of substitute goods. PDF RTF
§554.2713 - Buyer’s damages for nondelivery or repudiation. PDF RTF
§554.2714 - Buyer’s damages for breach in regard to accepted goods. PDF RTF
§554.2715 - Buyer’s incidental and consequential damages. PDF RTF
§554.2716 - Buyer’s right to specific performance or replevin. PDF RTF
§554.2717 - Deduction of damages from the price. PDF RTF
§554.2718 - Liquidation or limitation of damages — deposits. PDF RTF
§554.2719 - Contractual modification or limitation of remedy. PDF RTF
§554.2720 - Effect of “cancellation” or “rescission” on claims for antecedent breach. PDF RTF
§554.2721 - Remedies for fraud. PDF RTF
§554.2722 - Who can sue third parties for injury to goods. PDF RTF
§554.2723 - Proof of market price — time and place. PDF RTF
§554.2724 - Admissibility of market quotations. PDF RTF
§554.2725 - Statute of limitations in contracts for sale. PDF RTF
§554.3101 - Short title. PDF RTF
§554.3102 - Subject matter. PDF RTF
§554.3103 - Definitions. PDF RTF
§554.3104 - Negotiable instrument. PDF RTF
§554.3105 - Issue of instrument. PDF RTF
§554.3106 - Unconditional promise or order. PDF RTF
§554.3107 - Instrument payable in foreign money. PDF RTF
§554.3108 - Payable on demand or at definite time. PDF RTF
§554.3109 - Payable to bearer or to order. PDF RTF
§554.3110 - Identification of person to whom instrument is payable. PDF RTF
§554.3111 - Place of payment. PDF RTF
§554.3112 - Interest. PDF RTF
§554.3113 - Date of instrument. PDF RTF
§554.3114 - Contradictory terms of instrument. PDF RTF
§554.3115 - Incomplete instrument. PDF RTF
§554.3116 - Joint and several liability — contribution. PDF RTF
§554.3117 - Other agreements affecting instrument. PDF RTF
§554.3118 - Accrual of cause of action. PDF RTF
§554.3119 - Notice of right to defend action. PDF RTF
§554.3120 - Instruments “payable through” bank. PDF RTF
§554.3121 - Instruments payable at bank. PDF RTF
§554.3122 - Accrual of cause of action. PDF RTF
§554.3201 - Negotiation. PDF RTF
§554.3202 - Negotiation subject to rescission. PDF RTF
§554.3203 - Transfer of instrument — rights acquired by transfer. PDF RTF
§554.3204 - Endorsement. PDF RTF
§554.3205 - Special endorsement — blank endorsement — anomalous endorsement. PDF RTF
§554.3206 - Restrictive endorsement. PDF RTF
§554.3207 - Reacquisition. PDF RTF
§554.3208 - Reacquisition. PDF RTF
§554.3301 - Person entitled to enforce instrument. PDF RTF
§554.3302 - Holder in due course. PDF RTF
§554.3303 - Value and consideration. PDF RTF
§554.3304 - Overdue instrument. PDF RTF
§554.3305 - Defenses and claims in recoupment. PDF RTF
§554.3306 - Claims to an instrument. PDF RTF
§554.3307 - Notice of breach of fiduciary duty. PDF RTF
§554.3308 - Proof of signatures and status as holder in due course. PDF RTF
§554.3309 - Enforcement of lost, destroyed, or stolen instrument. PDF RTF
§554.3310 - Effect of instrument on obligation for which taken. PDF RTF
§554.3311 - Accord and satisfaction by use of instrument. PDF RTF
§554.3312 - Lost, destroyed, or stolen cashier’s check, teller’s check, or certified check. PDF RTF
§554.3401 - Signature. PDF RTF
§554.3402 - Signature by representative. PDF RTF
§554.3403 - Unauthorized signature. PDF RTF
§554.3404 - Impostors — fictitious payees. PDF RTF
§554.3405 - Employer’s responsibility for fraudulent endorsement by employee. PDF RTF
§554.3406 - Negligence contributing to forged signature or alteration of instrument. PDF RTF
§554.3407 - Alteration. PDF RTF
§554.3408 - Drawee not liable on unaccepted draft. PDF RTF
§554.3409 - Acceptance of draft — certified check. PDF RTF
§554.3410 - Acceptance varying draft. PDF RTF
§554.3411 - Refusal to pay cashier’s checks, teller’s checks, and certified checks. PDF RTF
§554.3412 - Obligation of issuer of note or cashier’s check. PDF RTF
§554.3413 - Obligation of acceptor. PDF RTF
§554.3414 - Obligation of drawer. PDF RTF
§554.3415 - Obligation of endorser. PDF RTF
§554.3416 - Transfer warranties. PDF RTF
§554.3417 - Presentment warranties. PDF RTF
§554.3418 - Payment or acceptance by mistake. PDF RTF
§554.3419 - Instruments signed for accommodation. PDF RTF
§554.3420 - Conversion of instrument. PDF RTF
§554.3501 - Presentment. PDF RTF
§554.3502 - Dishonor. PDF RTF
§554.3503 - Notice of dishonor. PDF RTF
§554.3504 - Excused presentment and notice of dishonor. PDF RTF
§554.3505 - Evidence of dishonor. PDF RTF
§554.3506 - Time allowed for acceptance or payment. PDF RTF
§554.3507 - Dishonor — holder’s right of recourse — term allowing re-presentment. PDF RTF
§554.3508 - Notice of dishonor. PDF RTF
§554.3509 - Protest — noting for protest. PDF RTF
§554.3510 - Evidence of dishonor and notice of dishonor. PDF RTF
§554.3511 - Waived or excused presentment, protest or notice of dishonor or delay therein. PDF RTF
§554.3512 - Holder’s recourse for dishonor. PDF RTF
§554.3513 - Civil remedy for dishonor. PDF RTF
§554.3601 - Discharge and effect of discharge. PDF RTF
§554.3602 - Payment. PDF RTF
§554.3603 - Tender of payment. PDF RTF
§554.3604 - Discharge by cancellation or renunciation. PDF RTF
§554.3605 - Discharge of endorsers and accommodation parties. PDF RTF
§554.3606 - Impairment of recourse or of collateral. PDF RTF
§554.3701 PDF RTF
§554.3801 PDF RTF
§554.3802 - Effect of instrument on obligation for which it is given. PDF RTF
§554.3803 - Notice to third party. PDF RTF
§554.3804 - Lost, destroyed or stolen instruments. PDF RTF
§554.3805 - Instruments not payable to order or to bearer. PDF RTF
§554.3806 - Civil remedy for dishonor of a check, draft or order. PDF RTF
§554.4101 - Short title. PDF RTF
§554.4102 - Applicability. PDF RTF
§554.4103 - Variation by agreement — measure of damages — action constituting ordinary care. PDF RTF
§554.4104 - Definitions and index of definitions. PDF RTF
§554.4105 - “Bank” — “depositary bank” — “intermediary bank” — “collecting bank” — “payor bank” — “presenting bank”. PDF RTF
§554.4106 - Payable through or payable at bank — collecting bank. PDF RTF
§554.4107 - Separate office of a bank. PDF RTF
§554.4108 - Time of receipt of items. PDF RTF
§554.4109 - Delays. PDF RTF
§554.4110 - Electronic presentment. PDF RTF
§554.4111 - Statute of limitations. PDF RTF
§554.4201 - Status of collecting bank as agent and provisional status of credits — applicability of Article — item endorsed “pay any bank”. PDF RTF
§554.4202 - Responsibility for collection or return — when action timely. PDF RTF
§554.4203 - Effect of instructions. PDF RTF
§554.4204 - Methods of sending and presenting — sending directly to payor bank. PDF RTF
§554.4205 - Depositary bank holder of unendorsed item. PDF RTF
§554.4206 - Transfer between banks. PDF RTF
§554.4207 - Transfer warranties. PDF RTF
§554.4208 - Presentment warranties. PDF RTF
§554.4209 - Encoding and retention warranties. PDF RTF
§554.4210 - Security interest of collecting bank in items, accompanying documents and proceeds. PDF RTF
§554.4211 - When bank gives value for purposes of holder in due course. PDF RTF
§554.4212 - Presentment by notice of item not payable by, through, or at a bank; liability of drawer or endorser. PDF RTF
§554.4213 - Medium and time of settlement by bank. PDF RTF
§554.4214 - Right of charge-back or refund — liability of collecting bank — return of item. PDF RTF
§554.4215 - Final payment of item by payor bank — when provisional debits and credits become final — when certain credits become available for withdrawal. PDF RTF
§554.4216 - Insolvency and preference. PDF RTF
§554.4301 - Deferred posting — recovery of payment by return of items — time of dishonor — return of items by payor bank. PDF RTF
§554.4302 - Payor bank’s responsibility for late return of item. PDF RTF
§554.4303 - When items subject to notice, stop-payment order, legal process, or setoff — order in which items may be charged or certified. PDF RTF
§554.4401 - When bank may charge customer’s account. PDF RTF
§554.4402 - Bank’s liability to customer for wrongful dishonor — time of determining insufficiency of account. PDF RTF
§554.4403 - Customer’s right to stop payment — burden of proof of loss. PDF RTF
§554.4404 - Bank not obligated to pay check more than six months old. PDF RTF
§554.4405 - Death or incompetence of customer. PDF RTF
§554.4406 - Customer’s duty to discover and report unauthorized signature or alteration. PDF RTF
§554.4407 - Payor bank’s right to subrogation on improper payment. PDF RTF
§554.4501 - Handling of documentary drafts — duty to send for presentment and to notify customer of dishonor. PDF RTF
§554.4502 - Presentment of “on arrival” drafts. PDF RTF
§554.4503 - Responsibility of presenting bank for documents and goods — report of reasons for dishonor — referee in case of need. PDF RTF
§554.4504 - Privilege of presenting bank to deal with goods — security interest for expenses. PDF RTF
§554.5101 - Short title. PDF RTF
§554.5102 - Definitions. PDF RTF
§554.5103 - Scope. PDF RTF
§554.5104 - Formal requirements. PDF RTF
§554.5105 - Consideration. PDF RTF
§554.5106 - Issuance, amendment, cancellation, and duration. PDF RTF
§554.5107 - Confirmer, nominated person, and adviser. PDF RTF
§554.5108 - Issuer’s rights and obligations. PDF RTF
§554.5109 - Fraud and forgery. PDF RTF
§554.5110 - Warranties. PDF RTF
§554.5111 - Remedies. PDF RTF
§554.5112 - Transfer of letter of credit. PDF RTF
§554.5113 - Transfer by operation of law. PDF RTF
§554.5114 - Assignment of proceeds. PDF RTF
§554.5115 - Statute of limitations. PDF RTF
§554.5116 - Choice of law and forum. PDF RTF
§554.5117 - Subrogation of issuer, applicant, and nominated person. PDF RTF
§554.5118 - Security interest of issuer or nominated person. PDF RTF
§554.7101 - Short title. PDF RTF
§554.7102 - Definitions and index of definitions. PDF RTF
§554.7103 - Relation of Article to treaty or statute. PDF RTF
§554.7104 - Negotiable and nonnegotiable document of title. PDF RTF
§554.7105 - Reissuance in alternative medium. PDF RTF
§554.7106 - Control of electronic document of title. PDF RTF
§554.7201 - Person that may issue a warehouse receipt — storage under bond. PDF RTF
§554.7202 - Form of warehouse receipt — effect of omission. PDF RTF
§554.7203 - Liability for nonreceipt or misdescription. PDF RTF
§554.7204 - Duty of care — contractual limitation of warehouse’s liability. PDF RTF
§554.7205 - Title under warehouse receipt defeated in certain cases. PDF RTF
§554.7206 - Termination of storage at warehouse’s option. PDF RTF
§554.7207 - Goods must be kept separate — fungible goods. PDF RTF
§554.7208 - Altered warehouse receipts. PDF RTF
§554.7209 - Lien of warehouse. PDF RTF
§554.7210 - Enforcement of warehouse’s lien. PDF RTF
§554.7301 - Liability for nonreceipt or misdescription — “said to contain” — “shipper’s weight, load, and count” — improper handling. PDF RTF
§554.7302 - Through bills of lading and similar documents of title. PDF RTF
§554.7303 - Diversion — reconsignment — change of instructions. PDF RTF
§554.7304 - Tangible bills of lading in a set. PDF RTF
§554.7305 - Destination bills. PDF RTF
§554.7306 - Altered bills of lading. PDF RTF
§554.7307 - Lien of carrier. PDF RTF
§554.7308 - Enforcement of carrier’s lien. PDF RTF
§554.7309 - Duty of care — contractual limitation of carrier’s liability. PDF RTF
§554.7401 - Irregularities in issue of receipt or bill or conduct of issuer. PDF RTF
§554.7402 - Duplicate document of title — overissue. PDF RTF
§554.7403 - Obligation of bailee to deliver — excuse. PDF RTF
§554.7404 - No liability for good-faith delivery pursuant to document of title. PDF RTF
§554.7501 - Form of negotiation and requirements of due negotiation. PDF RTF
§554.7502 - Rights acquired by due negotiation. PDF RTF
§554.7503 - Document of title to goods defeated in certain cases. PDF RTF
§554.7504 - Rights acquired in absence of due negotiation — effect of diversion — stoppage of delivery. PDF RTF
§554.7505 - Indorser not guarantor for other parties. PDF RTF
§554.7506 - Delivery without indorsement — right to compel indorsement. PDF RTF
§554.7507 - Warranties on negotiation or delivery of document of title. PDF RTF
§554.7508 - Warranties of collecting bank as to documents of title. PDF RTF
§554.7509 - Adequate compliance with commercial contract. PDF RTF
§554.7601 - Lost, stolen, or destroyed documents of title. PDF RTF
§554.7601A - Lost, stolen, or destroyed documents — additional requirements. PDF RTF
§554.7602 - Judicial process against goods covered by negotiable document of title. PDF RTF
§554.7603 - Conflicting claims — interpleader. PDF RTF
§554.8101 - Short title. PDF RTF
§554.8102 - Definitions. PDF RTF
§554.8103 - Rules for determining whether certain obligations and interests are securities or financial assets. PDF RTF
§554.8104 - Acquisition of security or financial asset or interest therein. PDF RTF
§554.8105 - Notice of adverse claim. PDF RTF
§554.8106 - Control. PDF RTF
§554.8107 - Whether indorsement, instruction, or entitlement order is effective. PDF RTF
§554.8108 - Warranties in direct holding. PDF RTF
§554.8109 - Warranties in indirect holding. PDF RTF
§554.8110 - Applicability — choice of law. PDF RTF
§554.8111 - Clearing corporation rules. PDF RTF
§554.8112 - Creditor’s legal process. PDF RTF
§554.8113 - Statute of frauds inapplicable. PDF RTF
§554.8114 - Evidentiary rules concerning certificated securities. PDF RTF
§554.8115 - Securities intermediary and others not liable to adverse claimant. PDF RTF
§554.8116 - Securities intermediary as purchaser for value. PDF RTF
§554.8201 - Issuer. PDF RTF
§554.8202 - Issuer’s responsibility and defenses — notice of defect or defense. PDF RTF
§554.8203 - Staleness as notice of defect or defense. PDF RTF
§554.8204 - Effect of issuer’s restriction on transfer. PDF RTF
§554.8205 - Effect of unauthorized signature on security certificate. PDF RTF
§554.8206 - Completion or alteration of security certificate. PDF RTF
§554.8207 - Rights and duties of issuer with respect to registered owners. PDF RTF
§554.8208 - Effect of signature of authenticating trustee, registrar, or transfer agent. PDF RTF
§554.8209 - Issuer’s lien. PDF RTF
§554.8210 - Overissue. PDF RTF
§554.8301 - Delivery. PDF RTF
§554.8302 - Rights of purchaser. PDF RTF
§554.8303 - Protected purchaser. PDF RTF
§554.8304 - Indorsement. PDF RTF
§554.8305 - Instruction. PDF RTF
§554.8306 - Effect of guaranteeing signature, indorsement, or instruction. PDF RTF
§554.8307 - Purchaser’s right to requisites for registration of transfer. PDF RTF
§554.8308 PDF RTF
§554.8309 PDF RTF
§554.8310 PDF RTF
§554.8311 PDF RTF
§554.8312 PDF RTF
§554.8313 PDF RTF
§554.8314 PDF RTF
§554.8315 PDF RTF
§554.8316 PDF RTF
§554.8317 PDF RTF
§554.8318 PDF RTF
§554.8319 PDF RTF
§554.8320 PDF RTF
§554.8321 PDF RTF
§554.8401 - Duty of issuer to register transfer. PDF RTF
§554.8402 - Assurance that indorsement or instruction is effective. PDF RTF
§554.8403 - Demand that issuer not register transfer. PDF RTF
§554.8404 - Wrongful registration. PDF RTF
§554.8405 - Replacement of lost, destroyed, or wrongfully taken security certificate. PDF RTF
§554.8406 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate. PDF RTF
§554.8407 - Authenticating trustee, transfer agent, and registrar. PDF RTF
§554.8408 - Statements of uncertificated securities. PDF RTF
§554.8501 - Securities account — acquisition of security entitlement from securities intermediary. PDF RTF
§554.8502 - Assertion of adverse claim against entitlement holder. PDF RTF
§554.8503 - Property interest of entitlement holder in financial asset held by securities intermediary. PDF RTF
§554.8504 - Duty of securities intermediary to maintain financial asset. PDF RTF
§554.8505 - Duty of securities intermediary with respect to payments and distributions. PDF RTF
§554.8506 - Duty of securities intermediary to exercise rights as directed by entitlement holder. PDF RTF
§554.8507 - Duty of securities intermediary to comply with entitlement order. PDF RTF
§554.8508 - Duty of securities intermediary to change entitlement holder’s position to other form of security holding. PDF 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. PDF RTF
§554.8510 - Rights of purchaser of security entitlement from entitlement holder. PDF RTF
§554.8511 - Priority among security interests and entitlement holders. PDF RTF
§554.9101 - Short title. PDF RTF
§554.9102 - Definitions and index of definitions. PDF RTF
§554.9103 - Purchase-money security interest — application of payments — burden of establishing. PDF RTF
§554.9104 - Control of deposit account. PDF RTF
§554.9105 - Control of electronic chattel paper. PDF RTF
§554.9106 - Control of investment property. PDF RTF
§554.9107 - Control of letter-of-credit right. PDF RTF
§554.9108 - Sufficiency of description. PDF RTF
§554.9109 - Scope. PDF RTF
§554.9110 - Security interests arising under Article 2 or 13. PDF RTF
§554.9111 - Applicability of bulk transfer laws. PDF RTF
§554.9112 PDF RTF
§554.9113 PDF RTF
§554.9114 PDF RTF
§554.9115 PDF RTF
§554.9116 PDF RTF
§554.9201 - General effectiveness of security agreement. PDF RTF
§554.9202 - Title to collateral immaterial. PDF RTF
§554.9203 - Attachment and enforceability of security interest — proceeds — supporting obligations — formal requisites. PDF RTF
§554.9204 - After-acquired property — future advances. PDF RTF
§554.9205 - Use or disposition of collateral permissible. PDF RTF
§554.9206 - Security interest arising in purchase or delivery of financial asset. PDF RTF
§554.9207 - Rights and duties of secured party having possession or control of collateral. PDF RTF
§554.9208 - Additional duties of secured party having control of collateral. PDF RTF
§554.9209 - Duties of secured party if account debtor has been notified of assignment. PDF RTF
§554.9210 - Request for accounting — request regarding list of collateral or statement of account. PDF RTF
§554.9301 - Law governing perfection and priority of security interests. PDF RTF
§554.9302 - Law governing perfection and priority of agricultural liens. PDF RTF
§554.9303 - Law governing perfection and priority of security interests in goods covered by a certificate of title. PDF RTF
§554.9304 - Law governing perfection and priority of security interests in deposit accounts. PDF RTF
§554.9305 - Law governing perfection and priority of security interests in investment property. PDF RTF
§554.9306 - Law governing perfection and priority of security interests in letter-of-credit rights. PDF RTF
§554.9307 - Location of debtor. PDF RTF
§554.9308 - When security interest or agricultural lien is perfected — continuity of perfection. PDF RTF
§554.9309 - Security interest perfected upon attachment. PDF 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. PDF RTF
§554.9311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties. PDF RTF
§554.9312 - 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. PDF RTF
§554.9313 - When possession by or delivery to secured party perfects security interest without filing. PDF RTF
§554.9314 - Perfection by control. PDF RTF
§554.9315 - Secured party’s rights on disposition of collateral and in proceeds. PDF RTF
§554.9316 - Effect of change in governing law. PDF RTF
§554.9317 - Interests that take priority over or take free of security interest or agricultural lien. PDF 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. PDF RTF
§554.9319 - Rights and title of consignee with respect to creditors and purchasers. PDF RTF
§554.9320 - Buyer of goods. PDF RTF
§554.9321 - Licensee of general intangible and lessee of goods in ordinary course of business. PDF RTF
§554.9322 - Priorities among conflicting security interests in and agricultural liens on same collateral. PDF RTF
§554.9323 - Future advances. PDF RTF
§554.9324 - Priority of purchase-money security interests. PDF RTF
§554.9325 - Priority of security interests in transferred collateral. PDF RTF
§554.9326 - Priority of security interests created by new debtor. PDF RTF
§554.9327 - Priority of security interests in deposit account. PDF RTF
§554.9328 - Priority of security interests in investment property. PDF RTF
§554.9329 - Priority of security interests in letter-of-credit right. PDF RTF
§554.9330 - Priority of purchaser of chattel paper or instrument. PDF RTF
§554.9331 - 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. PDF RTF
§554.9332 - Transfer of money — transfer of funds from deposit account. PDF RTF
§554.9333 - Priority of certain liens arising by operation of law. PDF RTF
§554.9334 - Priority of security interests in fixtures and crops. PDF RTF
§554.9335 - Accessions. PDF RTF
§554.9336 - Commingled goods. PDF RTF
§554.9337 - Priority of security interests in goods covered by certificate of title. PDF RTF
§554.9338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information. PDF RTF
§554.9339 - Priority subject to subordination. PDF RTF
§554.9340 - Effectiveness of right of recoupment or setoff against deposit account. PDF RTF
§554.9341 - Bank’s rights and duties with respect to deposit account. PDF RTF
§554.9342 - Bank’s right to refuse to enter into or disclose existence of control agreement. PDF RTF
§554.9401 - Alienability of debtor’s rights. PDF RTF
§554.9402 - Secured party not obligated on contract of debtor or in tort. PDF RTF
§554.9403 - Agreement not to assert defenses against assignee. PDF RTF
§554.9404 - Rights acquired by assignee — claims and defenses against assignee. PDF RTF
§554.9405 - Modification of assigned contract. PDF 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. PDF RTF
§554.9407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor’s residual interest. PDF RTF
§554.9408 - Restrictions on assignment of promissory notes, health care insurance receivables, and certain general intangibles ineffective. PDF RTF
§554.9409 - Restrictions on assignment of letter-of-credit rights ineffective. PDF RTF
§554.9501 - Filing office. PDF RTF
§554.9502 - Contents of financing statement — record of mortgage as financing statement — time of filing financing statement. PDF RTF
§554.9503 - Name of debtor and secured party. PDF RTF
§554.9504 - Indication of collateral. PDF RTF
§554.9505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions. PDF RTF
§554.9506 - Effect of errors or omissions. PDF RTF
§554.9507 - Effect of certain events on effectiveness of financing statement. PDF RTF
§554.9508 - Effectiveness of financing statement if new debtor becomes bound by security agreement. PDF RTF
§554.9509 - Persons entitled to file a record. PDF RTF
§554.9510 - Effectiveness of filed record. PDF RTF
§554.9511 - Secured party of record. PDF RTF
§554.9512 - Amendment of financing statement. PDF RTF
§554.9513 - Termination statement. PDF RTF
§554.9514 - Assignment of powers of secured party of record. PDF RTF
§554.9515 - Duration and effectiveness of financing statement — effect of lapsed financing statement. PDF RTF
§554.9516 - What constitutes filing — effectiveness of filing. PDF RTF
§554.9517 - Effect of indexing errors. PDF RTF
§554.9518 - Claim concerning inaccurate or wrongfully filed record. PDF RTF
§554.9519 - Numbering, maintaining, and indexing records — communicating information provided in records. PDF RTF
§554.9520 - Acceptance and refusal to accept record. PDF RTF
§554.9521 - Uniform form of written financing statement and amendment. PDF RTF
§554.9522 - Maintenance and destruction of records. PDF RTF
§554.9523 - Information from filing office — sale or license of records. PDF RTF
§554.9524 - Delay by filing office. PDF RTF
§554.9525 - Fees. PDF RTF
§554.9526 - Filing-office rules. PDF RTF
§554.9527 - Duty to report. PDF RTF
§554.9601 - Rights after default — judicial enforcement — consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes. PDF RTF
§554.9602 - Waiver and variance of rights and duties. PDF RTF
§554.9603 - Agreement on standards concerning rights and duties. PDF RTF
§554.9604 - Procedure if security agreement covers real property or fixtures. PDF RTF
§554.9605 - Unknown debtor or secondary obligor. PDF RTF
§554.9606 - Time of default for agricultural lien. PDF RTF
§554.9607 - Collection and enforcement by secured party. PDF RTF
§554.9608 - Application of proceeds of collection or enforcement — liability for deficiency and right to surplus. PDF RTF
§554.9609 - Secured party’s right to take possession after default. PDF RTF
§554.9610 - Disposition of collateral after default. PDF RTF
§554.9611 - Notification before disposition of collateral. PDF RTF
§554.9612 - Timeliness of notification before disposition of collateral. PDF RTF
§554.9613 - Contents and form of notification before disposition of collateral — general. PDF RTF
§554.9614 - Contents and form of notification before disposition of collateral — consumer-goods transaction. PDF RTF
§554.9615 - Application of proceeds of disposition — liability for deficiency and right to surplus. PDF RTF
§554.9616 - Explanation of calculation of surplus or deficiency. PDF RTF
§554.9617 - Rights of transferee of collateral. PDF RTF
§554.9618 - Rights and duties of certain secondary obligors. PDF RTF
§554.9619 - Transfer of record or legal title. PDF RTF
§554.9620 - Acceptance of collateral in full or partial satisfaction of obligation — compulsory disposition of collateral. PDF RTF
§554.9621 - Notification of proposal to accept collateral. PDF RTF
§554.9622 - Effect of acceptance of collateral. PDF RTF
§554.9623 - Right to redeem collateral. PDF RTF
§554.9624 - Waiver. PDF RTF
§554.9625 - Remedies for secured party’s failure to comply with Article. PDF RTF
§554.9626 - Action in which deficiency or surplus is in issue. PDF RTF
§554.9627 - Determination of whether conduct was commercially reasonable. PDF RTF
§554.9628 - Nonliability and limitation on liability of secured party — liability of secondary obligor. PDF RTF
§554.9701 - Effective date. PDF RTF
§554.9702 - Savings clause. PDF RTF
§554.9703 - Security interest perfected before effective date. PDF RTF
§554.9704 - Security interest unperfected before effective date. PDF RTF
§554.9705 - Effectiveness of action taken before effective date. PDF RTF
§554.9706 - When initial financing statement suffices to continue effectiveness of financing statement. PDF RTF
§554.9707 - Amendment of pre-effective-date financing statement. PDF RTF
§554.9708 - Persons entitled to file initial financing statement or continuation statement. PDF RTF
§554.9709 - Priority. PDF RTF
§554.9710 - “Former” defined. PDF RTF
§554.9801 - Effective date. PDF RTF
§554.9802 - Savings clause. PDF RTF
§554.9803 - Security interest perfected before effective date. PDF RTF
§554.9804 - Security interest unperfected before effective date. PDF RTF
§554.9805 - Effectiveness of action taken before effective date. PDF RTF
§554.9806 - When initial financing statement suffices to continue effectiveness of financing statement. PDF RTF
§554.9807 - Amendment of pre-effective-date financing statement. PDF RTF
§554.9808 - Person entitled to file initial financing statement or continuation statement. PDF RTF
§554.9809 - Priority. PDF RTF
§554.10101 - Effective date. PDF RTF
§554.10102 PDF RTF
§554.10103 - General repealer. PDF RTF
§554.10104 - Laws not repealed. PDF RTF
§554.10105 - Secretary of state exempted from personal liability. PDF RTF
§554.11101 - Effective date. PDF RTF
§554.11102 - Preservation of old transition provision. PDF RTF
§554.11103 - Transition to this chapter as amended — general rule. PDF RTF
§554.11104 - Transition provision on change of requirement of filing. PDF RTF
§554.11105 - Transition provision on change of place of filing. PDF RTF
§554.11106 PDF RTF
§554.11107 - Transition provisions as to priorities. PDF RTF
§554.11108 - Presumption that rule of law continues unchanged. PDF RTF
§554.11109 - Effect of official comments. PDF RTF
§554.12101 - Short title. PDF RTF
§554.12102 - Subject matter. PDF RTF
§554.12103 - Payment order — definitions. PDF RTF
§554.12104 - Funds transfer — definitions. PDF RTF
§554.12105 - Other definitions. PDF RTF
§554.12106 - Time payment order is received. PDF RTF
§554.12107 - Federal reserve regulations and operating circulars. PDF RTF
§554.12108 - Relationship to Electronic Fund Transfer Act. PDF RTF
§554.12201 - Security procedure. PDF RTF
§554.12202 - Authorized and verified payment orders. PDF RTF
§554.12203 - Unenforceability of certain verified payment orders. PDF RTF
§554.12204 - Refund of payment and duty of customer to report with respect to unauthorized payment order. PDF RTF
§554.12205 - Erroneous payment orders. PDF RTF
§554.12206 - Transmission of payment order through funds-transfer or other communication system. PDF RTF
§554.12207 - Misdescription of beneficiary. PDF RTF
§554.12208 - Misdescription of intermediary bank or beneficiary’s bank. PDF RTF
§554.12209 - Acceptance of payment order. PDF RTF
§554.12210 - Rejection of payment order. PDF RTF
§554.12211 - Cancellation and amendment of payment order. PDF RTF
§554.12212 - Liability and duty of receiving bank regarding unaccepted payment order. PDF RTF
§554.12301 - Execution and execution date. PDF RTF
§554.12302 - Obligations of receiving bank in execution of payment order. PDF RTF
§554.12303 - Erroneous execution of payment order. PDF RTF
§554.12304 - Duty of sender to report erroneously executed payment order. PDF RTF
§554.12305 - Liability for late or improper execution or failure to execute payment order. PDF RTF
§554.12401 - Payment date. PDF RTF
§554.12402 - Obligation of sender to pay receiving bank. PDF RTF
§554.12403 - Payment by sender to receiving bank. PDF RTF
§554.12404 - Obligation of beneficiary’s bank to pay and give notice to beneficiary. PDF RTF
§554.12405 - Payment by beneficiary’s bank to beneficiary. PDF RTF
§554.12406 - Payment by originator to beneficiary — discharge of underlying obligation. PDF RTF
§554.12501 - Variation by agreement and effect of funds-transfer system rule. PDF RTF
§554.12502 - Creditor process served on receiving bank — setoff by beneficiary’s bank. PDF RTF
§554.12503 - Injunction or restraining order with respect to funds transfer. PDF RTF
§554.12504 - Order in which items and payment orders may be charged to account — order of withdrawals from account. PDF RTF
§554.12505 - Preclusion of objection to debit of customer’s account. PDF RTF
§554.12506 - Rate of interest. PDF RTF
§554.12507 - Choice of law. PDF RTF
§554.13101 - Short title. PDF RTF
§554.13102 - Scope. PDF RTF
§554.13103 - Definitions and index of definitions. PDF RTF
§554.13104 - Leases subject to other law. PDF RTF
§554.13105 - Territorial application of Article to goods covered by certificate of title. PDF RTF
§554.13106 - Limitation on power of parties to consumer lease to choose applicable law and judicial forum. PDF RTF
§554.13107 - Waiver or renunciation of claim or right after default. PDF RTF
§554.13108 - Unconscionability. PDF RTF
§554.13109 - Option to accelerate at will. PDF RTF
§554.13201 - Statute of frauds. PDF RTF
§554.13202 - Final written expression — parol or extrinsic evidence. PDF RTF
§554.13203 - Seals inoperative. PDF RTF
§554.13204 - Formation in general. PDF RTF
§554.13205 - Firm offers. PDF RTF
§554.13206 - Offer and acceptance in formation of lease contract. PDF RTF
§554.13207 - Course of performance or practical construction. PDF RTF
§554.13208 - Modification, rescission, and waiver. PDF RTF
§554.13209 - Lessee under finance lease as beneficiary of supply contract. PDF RTF
§554.13210 - Express warranties. PDF RTF
§554.13211 - Warranties against interference and against infringement — lessee’s obligation against infringement. PDF RTF
§554.13212 - Implied warranty of merchantability. PDF RTF
§554.13213 - Implied warranty of fitness for particular purpose. PDF RTF
§554.13214 - Exclusion or modification of warranties. PDF RTF
§554.13215 - Cumulation and conflict of warranties express or implied. PDF RTF
§554.13216 - Third-party beneficiaries of express and implied warranties. PDF RTF
§554.13217 - Identification. PDF RTF
§554.13218 - Insurance and proceeds. PDF RTF
§554.13219 - Risk of loss. PDF RTF
§554.13220 - Effect of default on risk of loss. PDF RTF
§554.13221 - Casualty to identified goods. PDF RTF
§554.13301 - Enforceability of lease contract. PDF RTF
§554.13302 - Title to and possession of goods. PDF 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. PDF RTF
§554.13304 - Subsequent lease of goods by lessor. PDF RTF
§554.13305 - Sale or sublease of goods by lessee. PDF RTF
§554.13306 - Priority of certain liens arising by operation of law. PDF RTF
§554.13307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods. PDF RTF
§554.13308 - Special rights of creditors. PDF RTF
§554.13309 - Lessor’s and lessee’s rights when goods become fixtures. PDF RTF
§554.13310 - Lessor’s and lessee’s rights when goods become accessions. PDF RTF
§554.13311 - Priority subject to subordination. PDF RTF
§554.13401 - Insecurity — adequate assurance of performance. PDF RTF
§554.13402 - Anticipatory repudiation. PDF RTF
§554.13403 - Retraction of anticipatory repudiation. PDF RTF
§554.13404 - Substituted performance. PDF RTF
§554.13405 - Excused performance. PDF RTF
§554.13406 - Procedure on excused performance. PDF RTF
§554.13407 - Irrevocable promises — finance leases. PDF RTF
§554.13501 - Default — procedure. PDF RTF
§554.13502 - Notice after default. PDF RTF
§554.13503 - Modification or impairment of rights and remedies. PDF RTF
§554.13504 - Liquidation of damages. PDF RTF
§554.13505 - Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies. PDF RTF
§554.13506 - Statute of limitations. PDF RTF
§554.13507 - Proof of market rent — time and place. PDF RTF
§554.13508 - Lessee’s remedies. PDF RTF
§554.13509 - Lessee’s rights on improper delivery — rightful rejection. PDF RTF
§554.13510 - Installment lease contracts — rejection and default. PDF RTF
§554.13511 - Merchant lessee’s duties as to rightfully rejected goods. PDF RTF
§554.13512 - Lessee’s duties as to rightfully rejected goods. PDF RTF
§554.13513 - Cure by lessor of improper tender or delivery — replacement. PDF RTF
§554.13514 - Waiver of lessee’s objections. PDF RTF
§554.13515 - Acceptance of goods. PDF 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. PDF RTF
§554.13517 - Revocation of acceptance of goods. PDF RTF
§554.13518 - Cover — substitute goods. PDF RTF
§554.13519 - Lessee’s damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods. PDF RTF
§554.13520 - Lessee’s incidental and consequential damages. PDF RTF
§554.13521 - Lessee’s right to specific performance or replevin. PDF RTF
§554.13522 - Lessee’s right to goods on lessor’s insolvency. PDF RTF
§554.13523 - Lessor’s remedies. PDF RTF
§554.13524 - Lessor’s right to identify goods to lease contract. PDF RTF
§554.13525 - Lessor’s right to possession of goods. PDF RTF
§554.13526 - Lessor’s stoppage of delivery in transit or otherwise. PDF RTF
§554.13527 - Lessor’s rights to dispose of goods. PDF RTF
§554.13528 - Lessor’s damages for nonacceptance, failure to pay, repudiation, or other default. PDF RTF
§554.13529 - Lessor’s action for the rent. PDF RTF
§554.13530 - Lessor’s incidental damages. PDF RTF
§554.13531 - Standing to sue third parties for injury to goods. PDF RTF
§554.13532 - Lessor’s rights to residual interest. PDF RTF