(a) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by article 4A, or to securities governed by article 8.
(b) If there is conflict between this article and article 4 or 9, articles 4 and 9 govern.
(c) Regulations of the Board of Governors of the Federal Reserve System or the Bureau of Consumer Financial Protection and operating circulars of the federal reserve banks supersede any inconsistent provision of this article to the extent of the inconsistency.
(1959, P.A. 133, S. 3-102; P.A. 91-304, S. 2; P.A. 11-110, S. 14.)
History: P.A. 91-304 entirely replaced former provisions re definitions applicable to article with provisions re subject matter of article, a restatement of Sec. 42a-3-103, revised to 1991, and provisions re federal preemption; P.A. 11-110 amended Subsec. (c) to add reference to Bureau of Consumer Financial Protection, effective July 21, 2011.
See Secs. 42a-3-103, 42a-3-104(b) and 42a-3-105(b) for successor provisions to Sec. 42a-3-102, revised to 1991, re definitions.
Cited. 225 C. 367; 240 C. 10.
Cited. 5 CA 366.