Subject Matter.

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SUBJECT MATTER

(a) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by Article 4A of this title, or to securities governed by Article 8 of this title.

(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 and operating circulars of the Federal Reserve Banks supercede any inconsistent provision of this article to the extent of the inconsistency.

Amended by Laws 1988, c. 39, § 1, emerg. eff. March 21, 1988; Laws 1991, c. 117, § 27, eff. Jan. 1, 1992.


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