COMMERCIAL CODE

commercial code COMMERCIAL CODE
1. Generally
Generally, Ch. 401
2. Bank Deposits and Collections
Generally, Ch. 404
3. Bulk Transfers
Generally, Ch. 406
4. Commercial Paper
Generally, Ch. 403
5. Documents of Title
Generally, Ch. 407
6. Investment Securities
Generally, Ch. 408
7. Letters of Credit
Generally, Ch. 405
8. Sales
Generally, Ch. 402
9. Secured Transactions
Generally, Ch. 409

COMMERCIAL CODE 1. Generally 1. Generally
Generally, Ch. 401

Acceptance, reservation of rights, 401.207

Applicability of law relative to, 401.103

Applicability of law to consumer act, 421.103

Breach, waiver of claim arising out of, 401.107

Construction, against implied repeal, 401.104

  Rules, 401.102

  Usage of trade as aid, 401.205 (3) to (5)

Contract, obligation of good faith, 401.203

  Parties' power to choose applicable law, 401.105

  Time of performance, agreement as to, 401.204

  Variation of provisions of act, 401.102

Course of dealing defined, 401.205 (1)

Damages, restrictions on recovery of, 401.106

Definitions:

  Bank deposits and collections chapter, 404.104, 404.105

  Bulk transfers chapter, 406.102

  Commercial paper chapter, 403.102

  Documents of title chapter, 407.102

  General, 401.201

  Investment securities chapter, 408.102

  Letters of credit chapter, 405.103

  Sales chapter, 402.103 to 402.106

  Secured transactions chapter, 409.105, 409.106, 409.107

  Unless otherwise agreed, 401.102 (4)

Effective date, 401.110

Equity, applicability of principles of, 401.103

Evidence of usage of trade, notice of intent to offer, 401.205 (6)

Good faith, obligation of, 401.203

Implicit repeal, 401.104

Law applicable, 401.103

  Parties' power to choose, 401.105

Law merchant, 401.103

Payment, option for acceleration, 401.208

Performance, option for acceleration, 401.208

  Reservation of rights, 401.207

Prima facie evidence, third party documents as, 401.202

Purposes of act, 401.102

Reasonable time, what constitutes, 401.204

Remedies to be liberally administered, 401.106

Section captions, 401.109

Severability of code, 401.108

Short title, 401.101

Statewide lien system, council, 14.367

  Secretary of state, duties, 14.38 (13)

Statute of frauds, application to personal property sale transactions, 401.206

Subordinated obligations, 401.209

Territorial application of code, 401.105

Third party documents as prima facie evidence, 401.202

Time, what is reasonable, 401.204

Title of act, 401.101

Transition provision, 401.110

Unsecured creditor, rights subordinated to another unsecured creditor, 401.209

Usage of trade defined, 401.205 (2)

Waiver of claim arising out of breach, 401.107

Warehouse keepers and grain dealers security act, conflict with code, 127.18

commercial code 2. bank deposits and 2. Bank Deposits and Collections
Generally, Ch. 404

Acceptance, death or incompetence of customer, 404.405

  Defined, commercial paper, 403.410