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Uniform Commercial Code
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Hawaii Revised Statutes
Uniform Commercial Code
Uniform Commercial Code
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Sections
490:1-101 to 490:1-208
REPEALED.
Section
490:1-102
Scope of article.
Section
490:1-103
Construction of chapter to promote its purposes and policies; applicability of supplemental principles of law.
Section
490:1-104
Construction against implied repeal.
Section
490:1-105
Severability.
Section
490:1-106
Use of singular and plural; gender.
Section
490:1-107
Section captions.
Section
490:1-108
Relation to Electronic Signatures in Global and National Commerce Act.
Section
490:1-201
General definitions.
Section
490:1-202
Notice; knowledge.
Section
490:1-203
Lease distinguished from security interest.
Section
490:1-204
Value.
Section
490:1-205
Reasonable time; seasonableness.
Section
490:1-206
Presumptions.
Section
490:1-301
Territorial applicability; parties' power to choose applicable law.
Section
490:1-302
Variation by agreement.
Section
490:1-303
Course of performance, course of dealing, and usage of trade.
Section
490:1-304
Obligation of good faith.
Section
490:1-305
Remedies to be liberally administered.
Section
490:1-306
Waiver or renunciation of claim or right after breach.
Section
490:1-307
Prima facie evidence by third-party documents.
Section
490:1-308
Performance or acceptance under reservation of rights.
Section
490:1-309
Option to accelerate at will.
Section
490:1-310
Subordinated obligations.
Section
490:2-101
Short title.
Section
490:2-102
Scope; certain security and other transactions excluded from this article.
Section
490:2-103
Definitions and index of definitions.
Section
490:2-104
Definitions: "merchant"; "between merchants"; "financing agency".
Section
490:2-105
Definitions: transferability; "goods"; "future" goods; "lot"; "commercial unit".
Section
490:2-106
Definitions
Section
490:2-107
Goods to be severed from realty: recording.
Section
490:2-201
Formal requirements; statute of frauds.
Section
490:2-202
Final written expression: parol or extrinsic evidence.
Section
490:2-203
Seals inoperative.
Section
490:2-204
Formation in general.
Section
490:2-205
Firm offers.
Section
490:2-206
Offer and acceptance in formation of contract.
Section
490:2-207
Additional terms in acceptance or confirmation.
Section
490:2-208
REPEALED.
Section
490:2-209
Modification, rescission and waiver.
Section
490:2-210
Delegation of performance; assignment of rights.
Section
490:2-301
General obligation of parties.
Section
490:2-302
Unconscionable contract or clause.
Section
490:2-303
Allocation or division of risks.
Section
490:2-304
Price payable in money, goods, realty or otherwise.
Section
490:2-305
Open price term.
Section
490:2-306
Output, requirements and exclusive dealings.
Section
490:2-307
Delivery in single lot or several lots.
Section
490:2-308
Absence of specified place for delivery.
Section
490:2-309
Absence of specific time provisions; notice of termination.
Section
490:2-310
Open time for payment or running of credit; authority to ship under reservation.
Section
490:2-311
Options and cooperation respecting performance.
Section
490:2-312
Warranty of title and against infringement; buyer's obligation against infringement.
Section
490:2-313
Express warranties by affirmation, promise, description, sample.
Sections
490:2-313.1, 313
2 REPEALED.
Section
490:2-314
Implied warranty: merchantability; usage of trade.
Section
490:2-315
Implied warranty: fitness for particular purpose.
Section
490:2-316
Exclusion or modification of warranties.
Section
490:2-317
Cumulation and conflict of warranties express or implied.
Section
490:2-318
Third party beneficiaries of warranties express or implied.
Section
490:2-319
F.O.B. and F.A.S. terms.
Section
490:2-320
C.I.F. and C. & F. terms.
Section
490:2-321
C.I.F. or C. & F.: "net landed weights"; "payment on arrival"; warranty of condition on arrival.
Section
490:2-322
Delivery "ex-ship".
Section
490:2-323
Form of bill of lading required in overseas shipment; "overseas".
Section
490:2-324
"No arrival, no sale" term.
Section
490:2-325
"Letter of credit" term; "confirmed credit".
Section
490:2-326
Sale on approval and sale or return; rights of creditors.
Section
490:2-327
Special incidents of sale on approval and sale or return.
Section
490:2-328
Sale by auction.
Section
490:2-401
Passing of title; reservation for security; limited application of this section.
Section
490:2-402
Rights of seller's creditors against sold goods.
Section
490:2-403
Power to transfer; good faith purchase of goods; "entrusting".
Section
490:2-501
Insurable interest in goods; manner of identification of goods.
Section
490:2-502
Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.
Section
490:2-503
Manner of seller's tender of delivery.
Section
490:2-504
Shipment by seller.
Section
490:2-505
Seller's shipment under reservation.
Section
490:2-506
Rights of financing agency.
Section
490:2-507
Effect of seller's tender; delivery on condition.
Section
490:2-508
Cure by seller of improper tender or delivery; replacement.
Section
490:2-509
Risk of loss in the absence of breach.
Section
490:2-510
Effect of breach on risk of loss.
Section
490:2-511
Tender of payment by buyer; payment by check.
Section
490:2-512
Payment by buyer before inspection.
Section
490:2-513
Buyer's right to inspection of goods.
Section
490:2-514
When documents deliverable on acceptance; when on payment.
Section
490:2-515
Preserving evidence of goods in dispute.
Section
490:2-601
Buyer's rights on improper delivery.
Section
490:2-602
Manner and effect of rightful rejection.
Section
490:2-603
Merchant buyer's duties as to rightfully rejected goods.
Section
490:2-604
Buyer's options as to salvage of rightfully rejected goods.
Section
490:2-605
Waiver of buyer's objections by failure to particularize.
Section
490:2-606
What constitutes acceptance of goods.
Section
490:2-607
Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
Section
490:2-608
Revocation of acceptance in whole or in part.
Section
490:2-609
Right to adequate assurance of performance.
Section
490:2-610
Anticipatory repudiation.
Section
490:2-611
Retraction of anticipatory repudiation.
Section
490:2-612
"Installment contract"; breach.
Section
490:2-613
Casualty to identified goods.
Section
490:2-614
Substituted performance.
Section
490:2-615
Excuse by failure of presupposed conditions.
Section
490:2-616
Procedure on notice claiming excuse.
Section
490:2-701
Remedies for breach of collateral contracts not impaired.
Section
490:2-702
Seller's remedies on discovery of buyer's insolvency.
Section
490:2-703
Seller's remedies in general.
Section
490:2-704
Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.
Section
490:2-705
Seller's stoppage of delivery in transit or otherwise.
Section
490:2-706
Seller's resale including contract for resale.
Section
490:2-707
"Person in the position of a seller".
Section
490:2-708
Seller's damages for nonacceptance or repudiation.
Section
490:2-709
Action for the price.
Section
490:2-710
Seller's incidental damages.
Section
490:2-711
Buyer's remedies in general; buyer's security interest in rejected goods.
Section
490:2-712
"Cover"; buyer's procurement of substitute goods.
Section
490:2-713
Buyer's damages for nondelivery or repudiation.
Section
490:2-714
Buyer's damages for breach in regard to accepted goods.
Section
490:2-715
Buyer's incidental and consequential damages.
Section
490:2-716
Buyer's right to specific performance or replevin.
Section
490:2-717
Deduction of damages from the price.
Section
490:2-718
Liquidation or limitation of damages; deposits.
Section
490:2-719
Contractual modification or limitation of remedy.
Section
490:2-720
Effect of "cancellation" or "rescission" on claims for antecedent breach.
Section
490:2-721
Remedies for fraud.
Section
490:2-722
Who can sue third parties for injury to goods.
Section
490:2-723
Proof of market price; time and place.
Section
490:2-724
Admissibility of market quotations.
Section
490:2-725
Statute of limitations in contracts for sale.
Section
490:2A-101
Short title.
Section
490:2A-102
Scope.
Section
490:2A-103
Definitions and index of definitions.
Section
490:2A-104
Leases subject to other law.
Section
490:2A-105
Territorial application of article to goods covered by certificate of title.
Section
490:2A-106
Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
Section
490:2A-107
Waiver or renunciation of claim or right after default.
Section
490:2A-108
Unconscionability.
Section
490:2A-109
Option to accelerate at will.
Section
490:2A-201
Statute of frauds.
Section
490:2A-202
Final written expression: parol or extrinsic evidence.
Section
490:2A-203
Seals inoperative.
Section
490:2A-204
Formation in general.
Section
490:2A-205
Firm offers.
Section
490:2A-206
Offer and acceptance in formation of lease contract.
Section
490:2A-207
REPEALED.
Section
490:2A-208
Modification, rescission and waiver.
Section
490:2A-209
Lessee under finance lease as beneficiary of supply contract.
Section
490:2A-210
Express warranties.
Section
490:2A-211
Warranties against interference and against infringement; lessee's obligation against infringement.
Section
490:2A-212
Implied warranty of merchantability.
Section
490:2A-213
Implied warranty of fitness for particular purpose.
Section
490:2A-214
Exclusion or modification of warranties.
Section
490:2A-215
Cumulation and conflict of warranties express or implied.
Section
490:2A-216
Third-party beneficiaries of express and implied warranties.
Section
490:2A-217
Identification.
Section
490:2A-218
Insurance and proceeds.
Section
490:2A-219
Risk of loss.
Section
490:2A-220
Effect of default on risk of loss.
Section
490:2A-221
Casualty to identified goods.
Section
490:2A-301
Enforceability of lease contract.
Section
490:2A-302
Title to and possession of goods.
Section
490:2A-303
Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
Section
490:2A-304
Subsequent lease of goods by lessor.
Section
490:2A-305
Sale or sublease of goods by lessee.
Section
490:2A-306
Priority of certain liens arising by operation of law.
Section
490:2A-307
Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
Section
490:2A-308
Special rights of creditors.
Section
490:2A-309
Lessor's and lessee's rights when goods become fixtures.
Section
490:2A-310
Lessor's and lessee's rights when goods become accessions.
Section
490:2A-311
Priority subject to subordination.
Section
490:2A-401
Insecurity: adequate assurance of performance.
Section
490:2A-402
Anticipatory repudiation.
Section
490:2A-403
Retraction of anticipatory repudiation.
Section
490:2A-404
Substituted performance.
Section
490:2A-405
Excused performance.
Section
490:2A-406
Procedure on excused performance.
Section
490:2A-407
Irrevocable promises: finance leases.
Section
490:2A-501
Default: procedure.
Section
490:2A-502
Notice after default.
Section
490:2A-503
Modification or impairment of rights and remedies.
Section
490:2A-504
Liquidation of damages.
Section
490:2A-505
Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.
Section
490:2A-506
Statute of limitations.
Section
490:2A-507
Proof of market rent: time and place.
Section
490:2A-508
Lessee's remedies.
Section
490:2A-509
Lessee's rights on improper delivery; rightful rejection.
Section
490:2A-510
Installment lease contracts: rejection and default.
Section
490:2A-511
Merchant lessee's duties as to rightfully rejected goods.
Section
490:2A-512
Lessee's duties as to rightfully rejected goods.
Section
490:2A-513
Cure by lessor of improper tender or delivery; replacement.
Section
490:2A-514
Waiver of lessee's objections.
Section
490:2A-515
Acceptance of goods.
Section
490:2A-516
Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
Section
490:2A-517
Revocation of acceptance of goods.
Section
490:2A-518
Cover; substitute goods.
Section
490:2A-519
Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods.
Section
490:2A-520
Lessee's incidental and consequential damages.
Section
490:2A-521
Lessee's right to specific performance or replevin.
Section
490:2A-522
Lessee's right to goods on lessor's insolvency.
Section
490:2A-523
Lessor's remedies.
Section
490:2A-524
Lessor's right to identify goods to lease contract.
Section
490:2A-525
Lessor's right to possession of goods.
Section
490:2A-526
Lessor's stoppage of delivery in transit or otherwise.
Section
490:2A-527
Lessor's rights to dispose of goods.
Section
490:2A-528
Lessor's damages for nonacceptance, failure to pay, repudiation, or other default.
Section
490:2A-529
Lessor's action for the rent.
Section
490:2A-530
Lessor's incidental damages.
Section
490:2A-531
Standing to sue third parties for injury to goods.
Section
490:2A-532
Lessor's rights to residual interest.
Section
490:3-101
Short title.
Section
490:3-102
Subject matter.
Section
490:3-103
Definitions.
Section
490:3-104
Negotiable instrument.
Section
490:3-105
Issue of instrument.
Section
490:3-106
Unconditional promise or order.
Section
490:3-107
Instrument payable in foreign money.
Section
490:3-108
Payable on demand or at definite time.
Section
490:3-109
Payable to bearer or to order.
Section
490:3-110
Identification of person to whom instrument is payable.
Section
490:3-111
Place of payment.
Section
490:3-112
Interest.
Section
490:3-113
Date of instrument.
Section
490:3-114
Contradictory terms of instrument.
Section
490:3-115
Incomplete instrument.
Section
490:3-116
Joint and several liability; contribution.
Section
490:3-117
Other agreements affecting instrument.
Section
490:3-118
Statute of limitations.
Section
490:3-119
Notice of right to defend action.
Section
490:3-201
Negotiation.
Section
490:3-202
Negotiation subject to rescission.
Section
490:3-203
Transfer of instrument; rights acquired by transfer.
Section
490:3-204
Indorsement.
Section
490:3-205
Special indorsement; blank indorsement; anomalous indorsement.
Section
490:3-206
Restrictive indorsement.
Section
490:3-207
Reacquisition.
Section
490:3-301
Person entitled to enforce instrument.
Section
490:3-302
Holder in due course.
Section
490:3-303
Value and consideration.
Section
490:3-304
Overdue instrument.
Section
490:3-305
Defenses and claims in recoupment.
Section
490:3-306
Claims to an instrument.
Section
490:3-307
Notice of breach of fiduciary duty.
Section
490:3-308
Proof of signatures and status as holder in due course.
Section
490:3-309
Enforcement of lost, destroyed, or stolen instrument.
Section
490:3-310
Effect of instrument on obligation for which taken.
Section
490:3-311
Accord and satisfaction by use of instrument.
Section
490:3-312
Lost, destroyed, or stolen cashier's check, teller's check, or certified check.
Section
490:3-401
Signature.
Section
490:3-402
Signature by representative.
Section
490:3-403
Unauthorized signature.
Section
490:3-404
Impostors; fictitious payees.
Section
490:3-405
Employer responsibility for fraudulent indorsement by employee.
Section
490:3-406
Negligence contributing to forged signature or alteration of instrument.
Section
490:3-407
Alteration.
Section
490:3-408
Drawee not liable on unaccepted draft.
Section
490:3-409
Acceptance of draft; certified check.
Section
490:3-410
Acceptance varying draft.
Section
490:3-411
Refusal to pay cashier's checks, teller's checks, and certified checks.
Section
490:3-412
Obligation of issuer of note or cashier's check.
Section
490:3-413
Obligation of acceptor.
Section
490:3-414
Obligation of drawer.
Section
490:3-415
Obligation of indorser.
Section
490:3-416
Transfer warranties.
Section
490:3-417
Presentment warranties.
Section
490:3-418
Payment or acceptance by mistake.
Section
490:3-419
Instruments signed for accommodation.
Section
490:3-420
Conversion of instrument.
Section
490:3-501
Presentment.
Section
490:3-502
Dishonor.
Section
490:3-503
Notice of dishonor.
Section
490:3-504
Excused presentment and notice of dishonor.
Section
490:3-505
Evidence of dishonor.
Section
490:3-506
Dishonored check; action for treble damages; procedures.
Section
490:3-506.5
Charges for dishonored checks.
Section
490:3-601
Discharge and effect of discharge.
Section
490:3-602
Payment.
Section
490:3-603
Tender of payment.
Section
490:3-604
Discharge by cancellation or renunciation.
Section
490:3-605
Discharge of indorsers and accommodation parties.
Section
490:4-101
Short title.
Section
490:4-102
Applicability.
Section
490:4-103
Variation by agreement; measure of damages; action constituting ordinary care.
Section
490:4-104
Definitions and index of definitions.
Section
490:4-105
"Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank".
Section
490:4-106
Payable through or payable at bank; collecting bank.
Section
490:4-107
Separate office of a bank.
Section
490:4-108
Time of receipt of items.
Section
490:4-109
OLD REPEALED.
Section
490:4-110
Electronic presentment.
Section
490:4-111
Statute of limitations.
Section
490:4-201
Status of collecting bank as agent and provisional status of credits; applicability of article; item indorsed "pay any bank".
Section
490:4-202
Responsibility for collection or return; when action timely.
Section
490:4-203
Effect of instructions.
Section
490:4-204
Methods of sending and presenting; sending directly to payor bank.
Section
490:4-205
Depositary bank holder of unindorsed item.
Section
490:4-206
Transfer between banks.
Section
490:4-207
Transfer warranties.
Section
490:4-208
Presentment warranties.
Section
490:4-209
Encoding and retention warranties.
Section
490:4-210
Security interest of collecting bank in items, accompanying documents and proceeds.
Section
490:4-211
OLD REPEALED.
Section
490:4-212
Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser.
Section
490:4-213
Medium and time of settlement by bank.
Section
490:4-214
Right of charge back or refund; liability of collecting bank; return of item.
Section
490:4-215
Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
Section
490:4-216
Insolvency and preference.
Section
490:4-301
Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
Section
490:4-302
Payor bank's responsibility for late return of item.
Section
490:4-303
When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified.
Section
490:4-401
When bank may charge customer's account.
Section
490:4-402
Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
Section
490:4-403
Customer's right to stop payment; burden of proof of loss.
Section
490:4-404
Bank not obligated to pay check more than six months old.
Section
490:4-405
Death or incompetence of customer.
Section
490:4-406
Customer's duty to discover and report unauthorized signature or alteration.
Section
490:4-407
Payor bank's right to subrogation on improper payment.
Section
490:4-501
Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
Section
490:4-502
Presentment of "on arrival" drafts.
Section
490:4-503
Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
Section
490:4-504
Privilege of presenting bank to deal with goods; security interest for expenses.
Section
490:4A-101
Short title.
Section
490:4A-102
Subject matter.
Section
490:4A-103
Payment order--definitions.
Section
490:4A-104
Funds transfer--definitions.
Section
490:4A-105
Other definitions.
Section
490:4A-106
Time payment order is received.
Section
490:4A-107
Federal reserve regulations and operating circulars.
Section
490:4A-108
Relationship to Electronic Fund Transfer Act.
Section
490:4A-201
Security procedure.
Section
490:4A-202
Authorized and verified payment orders.
Section
490:4A-203
Unenforceability of certain verified payment orders.
Section
490:4A-204
Refund of payment and duty of customer to report with respect to unauthorized payment order.
Section
490:4A-205
Erroneous payment orders.
Section
490:4A-206
Transmission of payment order through funds-transfer or other communication system.
Section
490:4A-207
Misdescription of beneficiary.
Section
490:4A-208
Misdescription of intermediary bank or beneficiary's bank.
Section
490:4A-209
Acceptance of payment order.
Section
490:4A-210
Rejection of payment order.
Section
490:4A-211
Cancellation and amendment of payment order.
Section
490:4A-212
Liability and duty of receiving bank regarding unaccepted payment order.
Section
490:4A-301
Execution and execution date.
Section
490:4A-302
Obligations of receiving bank in execution of payment order.
Section
490:4A-303
Erroneous execution of payment order.
Section
490:4A-304
Duty of sender to report erroneously executed payment order.
Section
490:4A-305
Liability for late or improper execution or failure to execute payment order.
Section
490:4A-401
Payment date.
Section
490:4A-402
Obligation of sender to pay receiving bank.
Section
490:4A-403
Payment by sender to receiving bank.
Section
490:4A-404
Obligation of beneficiary's bank to pay and give notice to beneficiary.
Section
490:4A-405
Payment by beneficiary's bank to beneficiary.
Section
490:4A-406
Payment by originator to beneficiary; discharge of underlying obligation.
Section
490:4A-501
Variation by agreement and effect of funds-transfer system rule.
Section
490:4A-502
Creditor process served on receiving bank; setoff by beneficiary's bank.
Section
490:4A-503
Injunction or restraining order with respect to funds transfer.
Section
490:4A-504
Order in which items and payment orders may be charged to account; order of withdrawals from account.
Section
490:4A-505
Preclusion of objection to debit of customer's account.
Section
490:4A-506
Rate of interest.
Section
490:4A-507
Choice of law.
Sections
490:5-101 to 490:5-117
REPEALED.
Section
490:5-102
Definitions.
Section
490:5-103
Scope.
Section
490:5-104
Formal requirements.
Section
490:5-105
Consideration.
Section
490:5-106
Issuance, amendment, cancellation, and duration.
Section
490:5-107
Confirmer, nominated person, and advisor.
Section
490:5-108
Issuer's rights and obligations.
Section
490:5-109
Fraud and forgery.
Section
490:5-110
Warranties.
Section
490:5-111
Remedies.
Section
490:5-112
Transfer of letter of credit.
Section
490:5-113
Transfer by operation of law.
Section
490:5-114
Assignment of proceeds.
Section
490:5-115
Statute of limitations.
Section
490:5-116
Choice of law and forum.
Section
490:5-117
Subrogation of issuer, applicant, and nominated person.
Section
490:5-118
Security interest of issuer or nominated person.
Sections
490:6-101 to 490:6-110
REPEALED.
Sections
490:7-101 to 490:7-603
REPEALED.
Section
490:7-102
Definitions and index of definitions.
Section
490:7-103
Relation of article to treaty or statute.
Section
490:7-104
Negotiable and nonnegotiable document of title.
Section
490:7-105
Reissuance in alternative medium.
Section
490:7-106
Control of electronic document of title.
Section
490:7-201
Person that may issue a warehouse receipt; storage under bond.
Section
490:7-202
Form of warehouse receipt; effect of omission.
Section
490:7-203
Liability for nonreceipt or misdescription.
Section
490:7-204
Duty of care; contractual limitation of warehouse's liability.
Section
490:7-205
Title under warehouse receipt defeated in certain cases.
Section
490:7-206
Termination of storage at warehouse's option.
Section
490:7-207
Goods must be kept separate; fungible goods.
Section
490:7-208
Altered warehouse receipts.
Section
490:7-209
Lien of warehouse.
Section
490:7-210
Enforcement of warehouse's lien.
Section
490:7-301
Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load, and count"; improper handling.
Section
490:7-302
Through bills of lading and similar documents of title.
Section
490:7-303
Diversion; reconsignment; change of instructions.
Section
490:7-304
Tangible bills of lading in a set.
Section
490:7-305
Destination bills.
Section
490:7-306
Altered bills of lading.
Section
490:7-307
Lien of carrier.
Section
490:7-308
Enforcement of carrier's lien.
Section
490:7-309
Duty of care; contractual limitation of carrier's liability.
Section
490:7-401
Irregularities in issue of receipt or bill or conduct of issuer.
Section
490:7-402
Duplicate document of title; overissue.
Section
490:7-403
Obligation of bailee to deliver; excuse.
Section
490:7-404
No liability for good-faith delivery pursuant to document of title.
Section
490:7-501
Form of negotiation and requirements of due negotiation.
Section
490:7-502
Rights acquired by due negotiation.
Section
490:7-503
Document of title to goods defeated in certain cases.
Section
490:7-504
Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.
Section
490:7-505
Indorser not guarantor for other parties.
Section
490:7-506
Delivery without indorsement: right to compel indorsement.
Section
490:7-507
Warranties on negotiation or delivery of document of title.
Section
490:7-508
Warranties of collecting bank as to documents of title.
Section
490:7-509
Adequate compliance with commercial contract.
Section
490:7-601
Lost, stolen, or destroyed documents of title.
Section
490:7-602
Judicial process against goods covered by negotiable document of title.
Section
490:7-603
Conflicting claims; interpleader.
Section
490:7-701
Applicability.
Section
490:7-702
Savings clause.
Sections
490:8-101 to 490:8-408
REPEALED.
Section
490:8-102
Definitions.
Section
490:8-103
Rules for determining whether certain obligations and interests are securities or financial assets.
Section
490:8-104
Acquisition of security or financial asset or interest therein.
Section
490:8-105
Notice of adverse claim.
Section
490:8-106
Control.
Section
490:8-107
Whether indorsement, instruction, or entitlement order is effective.
Section
490:8-108
Warranties in direct holding.
Section
490:8-109
Warranties in indirect holding.
Section
490:8-110
Applicability; choice of law.
Section
490:8-111
Clearing corporation rules.
Section
490:8-112
Creditor's legal process.
Section
490:8-113
Statute of frauds inapplicable.
Section
490:8-114
Evidentiary rules concerning certificated securities.
Section
490:8-115
Securities intermediary and others not liable to adverse claimant.
Section
490:8-116
Securities intermediary as purchaser for value.
Section
490:8-201
Issuer.
Section
490:8-202
Issuer's responsibility and defenses; notice of defect or defense.
Section
490:8-203
Staleness as notice of defect or defense.
Section
490:8-204
Effect of issuer's restriction on transfer.
Section
490:8-205
Effect of unauthorized signature on security certificate.
Section
490:8-206
Completion or alteration of security certificate.
Section
490:8-207
Rights and duties of issuer with respect to registered owners.
Section
490:8-208
Effect of signature of authenticating trustee, registrar, or transfer agent.
Section
490:8-209
Issuer's lien.
Section
490:8-210
Overissue.
Section
490:8-301
Delivery.
Section
490:8-302
Rights of purchaser.
Section
490:8-303
Protected purchaser.
Section
490:8-304
Indorsement.
Section
490:8-305
Instruction.
Section
490:8-306
Effect of guaranteeing signature, indorsement, or instruction.
Section
490:8-307
Purchaser's right to requisites for registration of transfer.
Section
490:8-401
Duty of issuer to register transfer.
Section
490:8-402
Assurance that indorsement or instruction is effective.
Section
490:8-403
Demand that issuer not register transfer.
Section
490:8-404
Wrongful registration.
Section
490:8-405
Replacement of lost, destroyed, or wrongfully taken security certificate.
Section
490:8-406
Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
Section
490:8-407
Authenticating trustee, transfer agent, and registrar.
Section
490:8-501
Securities account; acquisition of security entitlement from securities intermediary.
Section
490:8-502
Assertion of adverse claim against entitlement holder.
Section
490:8-503
Property interest of entitlement holder in financial asset held by securities intermediary.
Section
490:8-504
Duty of securities intermediary to maintain financial asset.
Section
490:8-505
Duty of securities intermediary with respect to payments and distributions.
Section
490:8-506
Duty of securities intermediary to exercise rights as directed by entitlement holder.
Section
490:8-507
Duty of securities intermediary to comply with entitlement order.
Section
490:8-508
Duty of securities intermediary to change entitlement holder's position to other form of security holding.
Section
490:8-509
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.
Section
490:8-510
Rights of purchaser of security entitlement from entitlement holder.
Section
490:8-511
Priority among security interests and entitlement holders.
Sections
490:9-101 to 490:9-507
REPEALED.
Section
490:9-102
Definitions and index of definitions.
Section
490:9-103
Purchase-money security interest; application of payments; burden of establishing.
Section
490:9-104
Control of deposit account.
Section
490:9-105
Control of electronic chattel paper.
Section
490:9-106
Control of investment property.
Section
490:9-107
Control of letter-of-credit right.
Section
490:9-108
Sufficiency of description.
Section
490:9-109
Scope.
Section
490:9-110
Security interests arising under article 2 or 2A.
Section
490:9-201
General effectiveness of security agreement.
Section
490:9-202
Title to collateral immaterial.
Section
490:9-203
Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
Section
490:9-204
After-acquired property; future advances.
Section
490:9-205
Use or disposition of collateral permissible.
Section
490:9-206
Security interest arising in purchase or delivery of financial asset.
Section
490:9-207
Rights and duties of secured party having possession or control of collateral.
Section
490:9-208
Additional duties of secured party having control of collateral.
Section
490:9-209
Duties of secured party if account debtor has been notified of assignment.
Section
490:9-210
Request for accounting; request regarding list of collateral or statement of account.
Section
490:9-301
Law governing perfection and priority of security interests.
Section
490:9-302
Law governing perfection and priority of agricultural liens.
Section
490:9-303
Law governing perfection and priority of security interests in goods covered by a certificate of title.
Section
490:9-304
Law governing perfection and priority of security interests in deposit accounts.
Section
490:9-305
Law governing perfection and priority of security interests in investment property.
Section
490:9-306
Law governing perfection and priority of security interests in letter-of-credit rights.
Section
490:9-307
Location of debtor.
Section
490:9-308
When security interest or agricultural lien is perfected; continuity of perfection.
Section
490:9-309
Security interest perfected upon attachment.
Section
490:9-310
When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
Section
490:9-311
Perfection of security interests in property subject to certain statutes, regulations, and treaties.
Section
490:9-312
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.
Section
490:9-313
When possession by or delivery to secured party perfects security interest without filing.
Section
490:9-314
Perfection by control.
Section
490:9-315
Secured party's rights on disposition of collateral and in proceeds.
Section
490:9-316
Effect of change in governing law.
Section
490:9-317
Interests that take priority over or take free of security interest or agricultural lien.
Section
490:9-318
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.
Section
490:9-319
Rights and title of consignee with respect to creditors and purchasers.
Section
490:9-320
Buyer of goods.
Section
490:9-321
Licensee of general intangible and lessee of goods in ordinary course of business.
Section
490:9-322
Priorities among conflicting security interests in and agricultural liens on same collateral.
Section
490:9-323
Future advances.
Section
490:9-324
Priority of purchase-money security interests.
Section
490:9-325
Priority of security interests in transferred collateral.
Section
490:9-326
Priority of security interests created by new debtor.
Section
490:9-327
Priority of security interests in deposit account.
Section
490:9-328
Priority of security interests in investment property.
Section
490:9-329
Priority of security interests in letter-of-credit right.
Section
490:9-330
Priority of purchaser of chattel paper or instrument.
Section
490:9-331
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.
Section
490:9-332
Transfer of money; transfer of funds from deposit account.
Section
490:9-333
Priority of certain liens arising by operation of law.
Section
490:9-334
Priority of security interests in fixtures and crops.
Section
490:9-335
Accessions.
Section
490:9-336
Commingled goods.
Section
490:9-337
Priority of security interests in goods covered by certificate of title.
Section
490:9-338
Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
Section
490:9-339
Priority subject to subordination.
Section
490:9-340
Effectiveness of right of recoupment or set-off against deposit account.
Section
490:9-341
Bank's rights and duties with respect to deposit account.
Section
490:9-342
Bank's right to refuse to enter into or disclose existence of control agreement.
Section
490:9-401
Alienability of debtor's rights.
Section
490:9-402
Secured party not obligated on contract of debtor or in tort.
Section
490:9-403
Agreement not to assert defenses against assignee.
Section
490:9-404
Rights acquired by assignee; claims and defenses against assignee.
Section
490:9-405
Modification of assigned contract.
Section
490:9-406
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.
Section
490:9-407
Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
Section
490:9-408
Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
Section
490:9-409
Restrictions on assignment of letter-of-credit rights ineffective.
Section
490:9-501
Filing office.
Section
490:9-502
Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
Section
490:9-503
Name of debtor and secured party.
Section
490:9-504
Indication of collateral.
Section
490:9-505
Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
Section
490:9-506
Effect of errors or omissions.
Section
490:9-507
Effect of certain events on effectiveness of financing statement.
Section
490:9-508
Effectiveness of financing statement if new debtor becomes bound by security agreement.
Section
490:9-509
Persons entitled to file a record.
Section
490:9-510
Effectiveness of filed record.
Section
490:9-511
Secured party of record.
Section
490:9-512
Amendment of financing statement.
Section
490:9-513
Termination statement.
Section
490:9-514
Assignment of powers of secured party of record.
Section
490:9-515
Duration and effectiveness of financing statement; effect of lapsed financing statement.
Section
490:9-516
What constitutes filing; effectiveness of filing.
Section
490:9-517
Effect of indexing errors.
Section
490:9-518
Claim concerning inaccurate or wrongfully filed record.
Section
490:9-519
Numbering, maintaining, and indexing records; communicating information provided in records.
Section
490:9-520
Acceptance and refusal to accept record.
Section
490:9-521
Uniform form of written financing statement and amendment.
Section
490:9-522
Maintenance and destruction of records.
Section
490:9-523
Information from filing office; sale or license of records.
Section
490:9-524
Delay by filing office.
Section
490:9-525
Fees.
Section
490:9-526
Filing-office rules.
Section
490:9-527
Duty to report.
Section
490:9-601
Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
Section
490:9-602
Waiver and variance of rights and duties.
Section
490:9-603
Agreement on standards concerning rights and duties.
Section
490:9-604
Procedure if security agreement covers real property or fixtures.
Section
490:9-605
Unknown debtor or secondary obligor.
Section
490:9-606
Time of default for agricultural lien.
Section
490:9-607
Collection and enforcement by secured party.
Section
490:9-608
Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
Section
490:9-609
Secured party's right to take possession after default.
Section
490:9-610
Disposition of collateral after default.
Section
490:9-611
Notification before disposition of collateral.
Section
490:9-612
Timeliness of notification before disposition of collateral.
Section
490:9-613
Contents and form of notification before disposition of collateral: general.
Section
490:9-614
Contents and form of notification before disposition of collateral: consumer-goods transaction.
Section
490:9-615
Application of proceeds of disposition; liability for deficiency and right to surplus.
Section
490:9-616
Explanation of calculation of surplus or deficiency.
Section
490:9-617
Rights of transferee of collateral.
Section
490:9-618
Rights and duties of certain secondary obligors.
Section
490:9-619
Transfer of record or legal title.
Section
490:9-620
Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
Section
490:9-621
Notification of proposal to accept collateral.
Section
490:9-622
Effect of acceptance of collateral.
Section
490:9-623
Right to redeem collateral.
Section
490:9-624
Waiver.
Section
490:9-625
Remedies for secured party's failure to comply with article.
Section
490:9-626
Action in which deficiency or surplus is in issue.
Section
490:9-627
Determination of whether conduct was commercially reasonable.
Section
490:9-628
Nonliability and limitation on liability of secured party; liability of secondary obligor.
Section
490:9-701
Effective date.
Section
490:9-702
Savings clause.
Section
490:9-703
Security interest perfected before effective date.
Section
490:9-704
Security interest unperfected before effective date.
Section
490:9-705
Effectiveness of action taken before effective date.
Section
490:9-706
When initial financing statement suffices to continue effectiveness of financing statement.
Section
490:9-707
Amendment of pre-effective-date financing statement.
Section
490:9-708
Persons entitled to file initial financing statement or continuation statement.
Section
490:9-709
Priority.
Section
490:9-801
Effective date.
Section
490:9-802
Savings clause.
Section
490:9-803
Security interest perfected prior to July 1, 2013.
Section
490:9-804
Security interest unperfected before July 1, 2013.
Section
490:9-805
Effectiveness of action taken before July 1, 2013.
Section
490:9-806
When initial financing statement suffices to continue effectiveness of financing statement.
Section
490:9-807
Amendment of pre-effective-date financing statement.
Section
490:9-808
Person entitled to file initial financing statement or continuation statement.
Section
490:9-809
Priority.
Section
490:10-101
Effective date.
Section
490:10-102
Specific repealer; provision for transition.
Section
490:10-103
General repealer.
Section
490:10-103.1
Inconsistent laws.
Section
490:10-104
Laws not repealed.
Section
490:11-101
Effective date.
Section
490:11-102
Preservation of old transition provision.
Section
490:11-103
Transition to new U.C.C.--General Rule.
Section
490:11-104
Transition provision on change of requirement of filing.
Section
490:11-105
Transition provision on change of place of filing.
Section
490:11-106
Required refilings.
Section
490:11-107
Transition provisions as to priorities.
Section
490:11-108
Presumption that rule of law continues unchanged.