COMMERCIAL CODE

Commercial Code COMMERCIAL CODE
1. General Provisions
2. Bank Deposits and Collections
3. Bulk Transfers
4. Documents of Title
5. Funds Transfers
6. Investment Securities
7. Leases
8. Letters of Credit
9. Negotiable Instruments
10. Sales
11. Secured Transactions

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

Acceleration provisions, 401.208

Applicability of law relative to, 401.103

Applicability of law to consumer act, 421.103

Breach, waiver of claim arising out of, 401.107

Choice of law provisions, 401.105

Construction:

Against implied repeal, 401.104

Rules, 401.102

Course of dealing, 401.205

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

Equity, applicability of principles of, 401.103

Good faith, obligation of, 401.203

Implicit repeal, 401.104

Law merchant, 401.103

Purposes of act, 401.102

Reasonable time, what constitutes, 401.204

Remedies to be liberally administered, 401.106

Reservation of rights, 401.207

Section captions, 401.109

Severability of code, 401.108

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

Subordinated obligations, 401.209

Third party documents as prima facie evidence, 401.202

Time, what is reasonable, 401.204

Title of act, 401.101

Usage of trade, 401.205

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 Collections 2. Bank Deposits and Collections
Generally, Ch. 404

Agency status of collecting banks, 404.201

Agreements varying provisions, 404.103 (1)

Applicability of chapters, 404.102

Branch banks, 404.107

Breach of warranties, damages, 404.207 (3)

Charge-back, 404.214

Charging items against accounts, 404.401

Order of charging, 404.303 (2)

Checks more than 6 months old, bank not obligated to pay, 404.404

Clearinghouse:

Provisional settlement made through, 404.215 (2)

Return of item received through, 404.301 (4)

Collecting bank:

Agency status, 404.201

Care required, 404.202

Delays in collecting, 404.109

Final payment, 404.215 (3)

Instructions by transferor as affecting liability, 404.203, 404.204

Items payable through or payable at, effect, 404.106