COMMERCIAL CODE

commercial code COMMERCIAL CODE
1.   General Provisions
2.   Bank Deposits and Collections
3.   Bulk Transfers
4.   Commercial Paper
5.   Documents of Title
6.   Funds Transfers
7.   Investment Securities
8.   Leases
9.   Letters of Credit
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

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

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 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, 404.106

Breach of warranties, damages, 404.207 (3)

Charge-back, 404.212

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, 404.213 (2)

  Return of item received through, 404.301 (4)

Collecting bank:

  Agency status, 404.201

  Care required, 404.202

  Delays in collecting, 404.108