(a) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by article 4.5 of this title, or to securities governed by article 8 of this title.
If there is conflict between this article and article 4 or 9 of this title, articles 4 and 9
govern.
Regulations of the board of governors of the federal reserve system and operatingcirculars of the federal reserve banks supersede any inconsistent provision of this article to the extent of the inconsistency.
Source: L. 94: Entire article R&RE, p. 839, § 1, effective January 1, 1995.
Editor's note: This section is similar to former § 4-3-103 as it existed prior to 1994.