Colorado Code
Title 4 - Uniform Commercial Code

§ 4-1-103. Construction of Act to Promote Its Purposes and Policies - Applicability of Supplemental Principles of Law - Source: L. 2006: Entire article R&RE, p. 457, § 1,...

§ 4-1-104. Construction Against Implied Repeal - This title being a general act intended as a unified...

§ 4-1-105. Severability - If any provision or clause of this title or application...

§ 4-1-106. Use of Singular and Plural - Gender - In this title, unless the statutory context otherwise requires: Source:...

§ 4-1-107. Captions - Section captions are part of this title. Source: L. 2006:...

Part 2 - General Definitions and Principles of Interpretation

§ 4-1-201. General Definitions - (3.5) "Authenticate" means: (A) A heading in capital letters equal...

§ 4-1-202. Notice - Knowledge - (1) It comes to that person's attention; or (2) It...

§ 4-1-203. Lease Distinguished From Security Interest - (1) The present value of the consideration the lessee is...

§ 4-1-204. Value - Except as otherwise provided in articles 3, 4, and 5...

§ 4-1-205. Reasonable Time - Seasonableness - Source: L. 2006: Entire article R&RE, p. 466, § 1,...

Part 3 - Territorial Applicability and General Rules

§ 4-1-301. Territorial Applicability - Parties' Power to Choose Applicable Law - Source: L. 2006: Entire article R&RE, p. 466, § 1,...

§ 4-1-302. Variation by Agreement - Source: L. 2006: Entire article R&RE, p. 466, § 1,...

§ 4-1-303. Course of Performance, Course of Dealing, and Usage of Trade - (1) Express terms prevail over course of performance, course of...

§ 4-1-304. Obligation of Good Faith - Every contract or duty within this title imposes an obligation...

§ 4-1-305. Remedies to Be Liberally Administered - Source: L. 2006: Entire article R&RE, p. 468, § 1,...

§ 4-1-306. Waiver or Renunciation of Claim or Right After Breach - A claim or right arising out of an alleged breach...

§ 4-1-307. Prima Facie Evidence by Third-Party Documents - A document in due form purporting to be a bill...

§ 4-1-308. Performance or Acceptance Under Reservation of Rights - Source: L. 2006: Entire article R&RE, p. 468, § 1,...

§ 4-1-309. Option to Accelerate at Will - A term providing that one party or that party's successor...

§ 4-1-310. Subordinated Obligations - An obligation may be issued as subordinated to performance of...

Article 2 - Sales

Part 1 - Short Title, General Construction, and Subject Matter

§ 4-2-101. Short Title - This article shall be known and may be cited as...

§ 4-2-102. Scope - Certain Security and Other Transactions Excluded From This Article - Source: L. 65: p. 1298, § 1. C.R.S. 1963: §...

§ 4-2-103. Definitions and Index of Definitions - "Acceptance". Section 4-2-606. "Banker's credit". Section 4-2-325. "Between merchants". Section...

§ 4-2-104. Definitions: "Merchant" - "Between Merchants" - "Financing Agency" - Source: L. 65: p. 1299, § 1. C.R.S. 1963: §...

§ 4-2-105. Definitions: Transferability - "Goods" - "Future" Goods - "Lot" - "Commercial Unit" - Source: L. 65: p. 1300, § 1. C.R.S. 1963: §...

§ 4-2-106. Definitions: "Contract" - "Agreement" - "Contract for Sale" - "Sale" - "Present Sale" - "Conforming" to Contract - "Termination" - "Cancellation" - Source: L. 65: p. 1301, § 1. C.R.S. 1963: §...

§ 4-2-107. Goods to Be Severed From Realty - Recording - Source: L. 65: p. 1301, § 1. C.R.S. 1963: §...

Part 2 - Form, Formation, and Readjustment of Contract

§ 4-2-201. Formal Requirements - Statute of Frauds - Source: L. 65: p. 1302, § 1. C.R.S. 1963: §...

§ 4-2-202. Final Written Expression - Parol or Extrinsic Evidence - Terms with respect to which the confirmatory memoranda of the...

§ 4-2-203. Seals Inoperative - The affixing of a seal to a writing evidencing a...

§ 4-2-204. Formation in General - Source: L. 65: p. 1303, § 1. C.R.S. 1963: §...

§ 4-2-205. Firm Offers - An offer by a merchant to buy or sell goods...

§ 4-2-206. Offer and Acceptance in Formation of Contract - Source: L. 65: p. 1304, § 1. C.R.S. 1963: §...

§ 4-2-207. Additional Terms in Acceptance or Confirmation - Source: L. 65: p. 1304, § 1. C.R.S. 1963: §...

§ 4-2-208. Course of Performance or Practical Construction - Source: L. 65: p. 1304, § 1. C.R.S. 1963: §...

§ 4-2-209. Modification, Rescission, and Waiver - Source: L. 65: p. 1305, § 1. C.R.S. 1963: §...

§ 4-2-210. Delegation of Performance - Assignment of Rights - (2.5) The creation, attachment, perfection, or enforcement of a security...

Part 3 - General Obligation and Construction of Contract

§ 4-2-301. General Obligations of Parties - The obligation of the seller is to transfer and deliver...

§ 4-2-302. Unconscionable Contract or Clause - Source: L. 65: p. 1306, § 1. C.R.S. 1963: §...

§ 4-2-303. Allocation or Division of Risks - Where this article allocates a risk or a burden as...

§ 4-2-304. Price Payable in Money, Goods, Realty, or Otherwise - Source: L. 65: p. 1307, § 1. C.R.S. 1963: §...

§ 4-2-305. Open Price Term - Source: L. 65: p. 1307, § 1. C.R.S. 1963: §...

§ 4-2-306. Output, Requirements, and Exclusive Dealings - Source: L. 65: p. 1307, § 1. C.R.S. 1963: §...

§ 4-2-307. Delivery in Single Lot or Several Lots - Unless otherwise agreed all goods called for by a contract...

§ 4-2-308. Absence of Specified Place for Delivery - Unless otherwise agreed: Source: L. 65: p. 1308, § 1....

§ 4-2-309. Absence of Specific Time Provisions - Notice of Termination - Source: L. 65: p. 1308, § 1. C.R.S. 1963: §...

§ 4-2-310. Open Time for Payment or Running of Credit - Authority to Ship Under Reservation - Unless otherwise agreed: Source: L. 65: p. 1308, § 1....

§ 4-2-311. Options and Cooperation Respecting Performance - Source: L. 65: p. 1309, § 1. C.R.S. 1963: §...

§ 4-2-312. Warranty of Title and Against Infringement - Buyer's Obligation Against Infringement - Source: L. 65: p. 1309, § 1. C.R.S. 1963: §...

§ 4-2-313. Express Warranties by Affirmation, Promise, Description, Sample - Source: L. 65: p. 1310, § 1. C.R.S. 1963: §...

§ 4-2-314. Implied Warranty - Merchantability - Usage of Trade - Source: L. 65: p. 1310, § 1. C.R.S. 1963: §...

§ 4-2-315. Implied Warranty - Fitness for Particular Purpose - Where the seller at the time of contracting has reason...

§ 4-2-316. Exclusion or Modification of Warranties - Source: L. 65: p. 1311, § 1. C.R.S. 1963: §...

§ 4-2-317. Cumulation and Conflict of Warranties Express or Implied - Warranties whether express or implied shall be construed as consistent...

§ 4-2-318. Third Party Beneficiaries of Warranties Express or Implied - A seller's warranty whether express or implied extends to any...

§ 4-2-319. f.o.b. and f.a.s. Terms - Source: L. 65: p. 1313, § 1. C.R.S. 1963: §...

§ 4-2-320. c.i.f. and C. & F. Terms - Source: L. 65: p. 1314, § 1. C.R.S. 1963: §...

§ 4-2-321. c.i.f. or C. & F. - "Net Landed Weights" - "Payment on Arrival" - Warranty of Condition on Arrival - Under a contract containing a term "C.I.F." or "C. &...

§ 4-2-322. Delivery "Ex-Ship" - Source: L. 65: p. 1315, § 1. C.R.S. 1963: §...

§ 4-2-323. Form of Bill of Lading Required in Overseas Shipment - "Overseas" - Source: L. 65: p. 1315, § 1. C.R.S. 1963: §...

§ 4-2-324. "No Arrival, No Sale" Term - Under a term "no arrival, no sale" or terms of...

§ 4-2-325. "Letter of Credit" - "Confirmed Credit" - Source: L. 65: p. 1316, § 1. C.R.S. 1963: §...

§ 4-2-326. Sale on Approval and Sale or Return - Rights of Creditors - Source: L. 65: p. 1317, § 1. C.R.S. 1963: §...

§ 4-2-327. Special Incidents of Sale on Approval and Sale or Return - Source: L. 65: p. 1317, § 1. C.R.S. 1963: §...

§ 4-2-328. Sale by Auction - Source: L. 65: p. 1318, § 1. C.R.S. 1963: §...

Part 4 - Title, Creditors, and Good Faith Purchasers

§ 4-2-401. Passing of Title - Reservation for Security - Limited Application of This Section - Each provision of this article with regard to the rights,...

§ 4-2-402. Rights of Seller's Creditors Against Sold Goods - Source: L. 65: p. 1320, § 1. C.R.S. 1963: §...

§ 4-2-403. Power to Transfer - Good Faith Purchase of Goods - "Entrusting" - (1.5) Notwithstanding any other provision of this section, when livestock...

Part 5 - Performance

§ 4-2-501. Insurable Interest in Goods - Manner of Identification of Goods - Source: L. 65: p. 1321, § 1. C.R.S. 1963: §...

§ 4-2-502. Buyer's Right to Goods on Seller's Insolvency - Repudiation - Failure to Deliver - Source: L. 65: p. 1322, § 1. C.R.S. 1963: §...

§ 4-2-503. Manner of Seller's Tender of Delivery - Source: L. 65: p. 1322, § 1. C.R.S. 1963: §...

§ 4-2-504. Shipment by Seller - Where the seller is required or authorized to send the...

§ 4-2-505. Seller's Shipment Under Reservation - Source: L. 65: p. 1323, § 1. C.R.S. 1963: §...

§ 4-2-506. Rights of Financing Agency - Source: L. 65: p. 1324, § 1. C.R.S. 1963: §...

§ 4-2-507. Effect of Seller's Tender - Delivery on Condition - Source: L. 65: p. 1324, § 1. C.R.S. 1963: §...

§ 4-2-508. Cure by Seller of Improper Tender or Delivery - Replacement - Source: L. 65: p. 1324, § 1. C.R.S. 1963: §...

§ 4-2-509. Risk of Loss in the Absence of Breach - Source: L. 65: p. 1325, § 1. C.R.S. 1963: §...

§ 4-2-510. Effect of Breach on Risk of Loss - Source: L. 65: p. 1325, § 1. C.R.S. 1963: §...

§ 4-2-511. Tender of Payment by Buyer; Payment by Check; Certification of Payment in Livestock Transactions - Source: L. 65: p. 1326, § 1. C.R.S. 1963: §...

§ 4-2-512. Payment by Buyer Before Inspection - Source: L. 65: p. 1326, § 1. C.R.S. 1963: §...

§ 4-2-513. Buyer's Right to Inspection of Goods - Source: L. 65: p. 1326, § 1. C.R.S. 1963: §...

§ 4-2-514. When Documents Deliverable on Acceptance - When on Payment - Unless otherwise agreed, documents against which a draft is drawn...

§ 4-2-515. Preserving Evidence of Goods in Dispute - In furtherance of the adjustment of any claim or dispute:...

Part 6 - Breach, Repudiation, and Excuse

§ 4-2-601. Buyer's Rights on Improper Delivery - Subject to the provisions of this article on breach in...

§ 4-2-602. Manner and Effect of Rightful Rejection - Source: L. 65: p. 1328, § 1. C.R.S. 1963: §...

§ 4-2-603. Merchant Buyer's Duties as to Rightfully Rejected Goods - Source: L. 65: p. 1328, § 1. C.R.S. 1963: §...

§ 4-2-604. Buyer's Options as to Salvage of Rightfully Rejected Goods - Subject to the provisions of section 4-2-603 on perishables, if...

§ 4-2-605. Waiver of Buyer's Objections by Failure to Particularize - Source: L. 65: p. 1329, § 1. C.R.S. 1963: §...

§ 4-2-606. What Constitutes Acceptance of Goods - Source: L. 65: p. 1329, § 1. C.R.S. 1963: §...

§ 4-2-607. Effect of Acceptance - Notice of Breach - Burden of Establishing Breach After Acceptance - Notice of Claim or Litigation to Person Answerable Over - Source: L. 65: p. 1329, § 1. C.R.S. 1963: §...

§ 4-2-608. Revocation of Acceptance in Whole or in Part - Source: L. 65: p. 1330, § 1. C.R.S. 1963: §...

§ 4-2-609. Right to Adequate Assurance of Performance - Source: L. 65: p. 1331, § 1. C.R.S. 1963: §...

§ 4-2-610. Anticipatory Repudiation - When either party repudiates the contract with respect to a...

§ 4-2-611. Retraction of Anticipatory Repudiation - Source: L. 65: p. 1332, § 1. C.R.S. 1963: §...

§ 4-2-612. "Installment Contract" - Breach - Source: L. 65: p. 1332, § 1. C.R.S. 1963: §...

§ 4-2-613. Casualty to Identified Goods - Where the contract requires for its performance goods identified when...

§ 4-2-614. Substituted Performance - Source: L. 65: p. 1333, § 1. C.R.S. 1963: §...

§ 4-2-615. Excuse by Failure of Presupposed Conditions - Except so far as a seller may have assumed a...

§ 4-2-616. Procedure on Notice Claiming Excuse - Source: L. 65: p. 1334, § 1. C.R.S. 1963: §...

Part 7 - Remedies

§ 4-2-701. Remedies for Breach of Collateral Contracts Not Impaired - Remedies for breach of any obligation or promise collateral or...

§ 4-2-702. Seller's Remedies on Discovery of Buyer's Insolvency - Source: L. 65: p. 1334, § 1. C.R.S. 1963: §...

§ 4-2-703. Seller's Remedies in General - Where the buyer wrongfully rejects or revokes acceptance of goods...

§ 4-2-704. Seller's Right to Identify Goods to the Contract Notwithstanding Breach or to Salvage Unfinished Goods - Source: L. 65: p. 1335, § 1. C.R.S. 1963: §...

§ 4-2-705. Seller's Stoppage of Delivery in Transit or Otherwise - Source: L. 65: p. 1336, § 1. C.R.S. 1963: §...

§ 4-2-706. Seller's Resale Including Contract for Resale - Source: L. 65: p. 1336, § 1. C.R.S. 1963: §...

§ 4-2-707. "Person in the Position of a Seller" - Source: L. 65: p. 1337, § 1. C.R.S. 1963: §...

§ 4-2-708. Seller's Damages for Nonacceptance or Repudiation - Source: L. 65: p. 1338, § 1. C.R.S. 1963: §...

§ 4-2-709. Action for the Price - Source: L. 65: p. 1338, § 1. C.R.S. 1963: §...

§ 4-2-710. Seller's Incidental Damages - Incidental damages to an aggrieved seller include any commercially reasonable...

§ 4-2-711. Buyer's Remedies in General - Buyer's Security Interest in Rejected Goods - Source: L. 65: p. 1339, § 1. C.R.S. 1963: §...

§ 4-2-712. "Cover" - Buyer's Procurement of Substitute Goods - Source: L. 65: p. 1339, § 1. C.R.S. 1963: §...

§ 4-2-713. Buyer's Damages for Nondelivery or Repudiation - Source: L. 65: p. 1340, § 1. C.R.S. 1963: §...

§ 4-2-714. Buyer's Damages for Breach in Regard to Accepted Goods - Source: L. 65: p. 1340, § 1. C.R.S. 1963: §...

§ 4-2-715. Buyer's Incidental and Consequential Damages - Source: L. 65: p. 1340, § 1. C.R.S. 1963: §...

§ 4-2-716. Buyer's Right to Specific Performance or Replevin - Source: L. 65: p. 1341, § 1. C.R.S. 1963: §...

§ 4-2-717. Deduction of Damages From the Price - The buyer on notifying the seller of his intention to...

§ 4-2-718. Liquidation or Limitation of Damages - Deposits - Source: L. 65: p. 1341, § 1. C.R.S. 1963: §...

§ 4-2-719. Contractual Modification or Limitation of Remedy - Source: L. 65: p. 1342, § 1. C.R.S. 1963: §...

§ 4-2-720. Effect of "Cancellation" or "Rescission" on Claims for Antecedent Breach - Unless the contrary intention clearly appears, expressions of "cancellation" or...

§ 4-2-721. Remedies for Fraud - Remedies for material misrepresentation or fraud include all remedies available...

§ 4-2-722. Who Can Sue Third Parties for Injury to Goods - Where a third party so deals with goods which have...

§ 4-2-723. Proof of Market Price - Time and Place - Source: L. 65: p. 1343, § 1. C.R.S. 1963: §...

§ 4-2-724. Admissibility of Market Quotations - Whenever the prevailing price or value of any goods regularly...

§ 4-2-725. Statute of Limitations in Contracts for Sale - Source: L. 65: p. 1344, § 1. C.R.S. 1963: §...

Article 2.5 - Leases

Part 1 - General Provisions

§ 4-2.5-101. Short Title - This article shall be known and may be cited as...

§ 4-2.5-102. Scope - This article applies to any transaction, regardless of form, that...

§ 4-2.5-103. Definitions and Index of Definitions - "Accessions". Section 4-2.5-310 (1). "Construction mortgage". Section 4-2.5-309 (1)(d). "Encumbrance"....

§ 4-2.5-104. Leases Subject to Other Law - Source: L. 91: Entire article added, p. 277, § 1,...

§ 4-2.5-105. Territorial Application of Article to Goods Covered by Certificate of Title - Subject to the provisions of sections 4-2.5-304 (3) and 4-2.5-305...

§ 4-2.5-106. Limitation on Power of Parties to Consumer Lease to Choose Applicable Law and Judicial Forum - Source: L. 91: Entire article added, p. 278, § 1,...

§ 4-2.5-107. Waiver or Renunciation of Claim or Right After Default - Any claim or right arising out of an alleged default...

§ 4-2.5-108. Unconscionability - Source: L. 91: Entire article added, p. 278, § 1,...

§ 4-2.5-109. Option to Accelerate at Will - Source: L. 91: Entire article added, p. 279, § 1,...

Part 2 - Formation and Construction of Lease Contract

§ 4-2.5-201. Statute of Frauds - Source: L. 91: Entire article added, p. 279, § 1,...

§ 4-2.5-202. Final Written Expression: Parol or Extrinsic Evidence - Source: L. 91: Entire article added, p. 280, § 1,...

§ 4-2.5-203. Seals Inoperative - The affixing of a seal to a writing evidencing a...

§ 4-2.5-204. Formation in General - Source: L. 91: Entire article added, p. 281, § 1,...

§ 4-2.5-205. Firm Offers - An offer by a merchant to lease goods to or...

§ 4-2.5-206. Offer and Acceptance in Formation of Lease Contract - Source: L. 91: Entire article added, p. 281, § 1,...

§ 4-2.5-207. Course of Performance or Practical Construction - Source: L. 91: Entire article added, p. 281, § 1,...

§ 4-2.5-208. Modification, Rescission and Waiver - Source: L. 91: Entire article added, p. 282, § 1,...

§ 4-2.5-209. Lessee Under Finance Lease as Beneficiary of Supply Contract - Source: L. 91: Entire article added, p. 282, § 1,...

§ 4-2.5-210. Express Warranties - Source: L. 91: Entire article added, p. 283, § 1,...

§ 4-2.5-211. Warranties Against Interference and Against Infringement; Lessee's Obligation Against Infringement - Source: L. 91: Entire article added, p. 283, § 1,...

§ 4-2.5-212. Implied Warranty of Merchantability - Source: L. 91: Entire article added, p. 284, § 1,...

§ 4-2.5-213. Implied Warranty of Fitness for Particular Purpose - Except in a finance lease, if the lessor at the...

§ 4-2.5-214. Exclusion or Modification of Warranties - Source: L. 91: Entire article added, p. 284, § 1,...

§ 4-2.5-215. Cumulation and Conflict of Warranties Express or Implied - Warranties, whether express or implied, must be construed as consistent...

§ 4-2.5-216. Third-Party Beneficiaries of Express and Implied Warranties - A warranty to or for the benefit of a lessee...

§ 4-2.5-217. Identification - Identification of goods as goods to which a lease contract...

§ 4-2.5-218. Insurance and Proceeds - Source: L. 91: Entire article added, p. 286, § 1,...

§ 4-2.5-219. Risk of Loss - Source: L. 91: Entire article added, p. 287, § 1,...

§ 4-2.5-220. Effect of Default on Risk of Loss - Source: L. 91: Entire article added, p. 287, § 1,...

§ 4-2.5-221. Casualty to Identified Goods - If a lease contract requires goods identified when the lease...

Part 3 - Effect of Lease Contract

§ 4-2.5-301. Enforceability of Lease Contract - Except as otherwise provided in this article, a lease contract...

§ 4-2.5-302. Title to and Possession of Goods - Except as otherwise provided in this article, each provision of...

§ 4-2.5-303. Alienability of Party's Interest Under Lease Contract or of Lessor's Residual Interest in Goods; Delegation of Performance; Transfer of Rights - Source: L. 91: Entire article added, p. 288, § 1,...

§ 4-2.5-304. Subsequent Lease of Goods by Lessor - Source: L. 91: Entire article added, p. 290, § 1,...

§ 4-2.5-305. Sale or Sublease of Goods by Lessee - Source: L. 91: Entire article added, p. 291, § 1,...

§ 4-2.5-306. Priority of Certain Liens Arising by Operation of Law - If a person in the ordinary course of his [or...

§ 4-2.5-307. Priority of Liens Arising by Attachment or Levy On, Security Interests In, and Other Claims to Goods - Source: L. 91: Entire article added, p. 292, § 1,...

§ 4-2.5-308. Special Rights of Creditors - Source: L. 91: Entire article added, p. 293, § 1,...

§ 4-2.5-309. Lessor's and Lessee's Rights When Goods Become Fixtures - Source: L. 91: Entire article added, p. 293, § 1,...

§ 4-2.5-310. Lessor's and Lessee's Rights When Goods Become Accessions - Source: L. 91: Entire article added, p. 296, § 1,...

§ 4-2.5-311. Priority Subject to Subordination - Nothing in this article prevents subordination by agreement by any...

Part 4 - Performance of Lease Contract: Repudiated, Substituted and Excused

§ 4-2.5-401. Insecurity: Adequate Assurance of Performance - Source: L. 91: Entire article added, p. 297, § 1,...

§ 4-2.5-402. Anticipatory Repudiation - If either party repudiates a lease contract with respect to...

§ 4-2.5-403. Retraction of Anticipatory Repudiation - Source: L. 91: Entire article added, p. 298, § 1,...

§ 4-2.5-404. Substituted Performance - Source: L. 91: Entire article added, p. 298, § 1,...

§ 4-2.5-405. Excused Performance - Subject to section 4-2.5-404 on substituted performance, the following rules...

§ 4-2.5-406. Procedure on Excused Performance - Source: L. 91: Entire article added, p. 299, § 1,...

§ 4-2.5-407. Irrevocable Promises: Finance Leases - Source: L. 91: Entire article added, p. 300, § 1,...

Part 5 - Default

§ 4-2.5-501. Default: Procedure - Source: L. 91: Entire article added, p. 300, § 1,...

§ 4-2.5-502. Notice After Default - Except as otherwise provided in this article or the lease...

§ 4-2.5-503. Modification or Impairment of Rights and Remedies - Source: L. 91: Entire article added, p. 301, § 1,...

§ 4-2.5-504. Liquidation of Damages - Source: L. 91: Entire article added, p. 302, § 1,...

§ 4-2.5-505. Cancellation and Termination and Effect of Cancellation, Termination, Rescission, or Fraud on Rights and Remedies - Source: L. 91: Entire article added, p. 302, § 1,...

§ 4-2.5-506. Statute of Limitations - Source: L. 91: Entire article added, p. 303, § 1,...

§ 4-2.5-507. Proof of Market Rent: Time and Place - Source: L. 91: Entire article added, p. 303, § 1,...

§ 4-2.5-508. Lessee's Remedies - Source: L. 91: Entire article added, p. 304, § 1,...

§ 4-2.5-509. Lessee's Rights on Improper Delivery; Rightful Rejection - Source: L. 91: Entire article added, p. 305, § 1,...

§ 4-2.5-510. Installment Lease Contracts: Rejection and Default - Source: L. 91: Entire article added, p. 305, § 1,...

§ 4-2.5-511. Merchant Lessee's Duties as to Rightfully Rejected Goods - Source: L. 91: Entire article added, p. 306, § 1,...

§ 4-2.5-512. Lessee's Duties as to Rightfully Rejected Goods - Source: L. 91: Entire article added, p. 306, § 1,...

§ 4-2.5-513. Cure by Lessor of Improper Tender or Delivery; Replacement - Source: L. 91: Entire article added, p. 307, § 1,...

§ 4-2.5-514. Waiver of Lessee's Objections - Source: L. 91: Entire article added, p. 307, § 1,...

§ 4-2.5-515. Acceptance of Goods - Source: L. 91: Entire article added, p. 308, § 1,...

§ 4-2.5-516. Effect of Acceptance of Goods; Notice of Default; Burden of Establishing Default After Acceptance; Notice of Claim or Litigation to Person Answerable Over - Source: L. 91: Entire article added, p. 308, § 1,...

§ 4-2.5-517. Revocation of Acceptance of Goods - Source: L. 91: Entire article added, p. 309, § 1,...

§ 4-2.5-518. Cover; Substitute Goods - Source: L. 91: Entire article added, p. 310, § 1,...

§ 4-2.5-519. Lessee's Damages for Nondelivery, Repudiation, Default and Breach of Warranty in Regard to Accepted Goods - Source: L. 91: Entire article added, p. 310, § 1,...

§ 4-2.5-520. Lessee's Incidental and Consequential Damages - Source: L. 91: Entire article added, p. 311, § 1,...

§ 4-2.5-521. Lessee's Right to Specific Performance or Replevin - Source: L. 91: Entire article added, p. 312, § 1,...

§ 4-2.5-522. Lessee's Right to Goods on Lessor's Insolvency - Source: L. 91: Entire article added, p. 312, § 1,...

§ 4-2.5-523. Lessor's Remedies - Source: L. 91: Entire article added, p. 312, § 1,...

§ 4-2.5-524. Lessor's Right to Identify Goods to Lease Contract - Source: L. 91: Entire article added, p. 313, § 1,...

§ 4-2.5-525. Lessor's Right to Possession of Goods - Source: L. 91: Entire article added, p. 314, § 1,...

§ 4-2.5-526. Lessor's Stoppage of Delivery in Transit or Otherwise - Source: L. 91: Entire article added, p. 314, § 1,...

§ 4-2.5-527. Lessor's Rights to Dispose of Goods - Source: L. 91: Entire article added, p. 315, § 1,...

§ 4-2.5-528. Lessor's Damages for Nonacceptance, Failure to Pay, Repudiation, or Other Default - Source: L. 91: Entire article added, p. 316, § 1,...

§ 4-2.5-529. Lessor's Action for the Rent - Source: L. 91: Entire article added, p. 316, § 1,...

§ 4-2.5-530. Lessor's Incidental Damages - Incidental damages to an aggrieved lessor include any commercially reasonable...

§ 4-2.5-531. Standing to Sue Third Parties for Injury to Goods - Source: L. 91: Entire article added, p. 318, § 1,...

§ 4-2.5-532. Lessor's Rights to Residual Interest - In addition to any other recovery permitted by this article...

§ 4-2.5-533. Other Measures of Damages - Notwithstanding any other provision of this article, except as otherwise...

Article 3 - Negotiable Instruments

Part 1 - General Provisions and Definitions

§ 4-3-101. Short Title - This article may be cited as "Uniform Commercial Code --...

§ 4-3-102. Subject Matter - Source: L. 94: Entire article R&RE, p. 839, § 1,...

§ 4-3-103. Definitions - "Acceptance" Section 4-3-409 "Accommodated party" Section 4-3-419 "Accommodation party" Section...

§ 4-3-104. Negotiable Instrument - (1) The customer's printed or typewritten name; (2) A notation...

§ 4-3-105. Issue of Instrument - Source: L. 94: Entire article R&RE, p. 844, § 1,...

§ 4-3-106. Unconditional Promise or Order - Source: L. 94: Entire article R&RE, p. 844, § 1,...

§ 4-3-107. Instrument Payable in Foreign Money - Unless the instrument otherwise provides, an instrument that states the...

§ 4-3-108. Payable on Demand or at Definite Time - Source: L. 94: Entire article R&RE, p. 845, § 1,...

§ 4-3-109. Payable to Bearer or to Order - Source: L. 94: Entire article R&RE, p. 845, § 1,...

§ 4-3-110. Identification of Person to Whom Instrument Is Payable - Source: L. 94: Entire article R&RE, p. 845, § 1,...

§ 4-3-111. Place of Payment - Except as otherwise provided for items in article 4 of...

§ 4-3-112. Interest - Source: L. 94: Entire article R&RE, p. 847, § 1,...

§ 4-3-113. Date of Instrument - Source: L. 94: Entire article R&RE, p. 847, § 1,...

§ 4-3-114. Contradictory Terms of Instrument - If an instrument contains contradictory terms, type-written terms prevail over...

§ 4-3-115. Incomplete Instrument - Source: L. 94: Entire article R&RE, p. 847, § 1,...

§ 4-3-116. Joint and Several Liability; Contribution - Source: L. 94: Entire article R&RE, p. 848, § 1,...

§ 4-3-117. Other Agreements Affecting Instrument - Subject to applicable law regarding exclusion of proof of contemporaneous...

§ 4-3-118. Statute of Limitations - Source: L. 94: Entire article R&RE, p. 848, § 1,...

§ 4-3-119. Notice of Right to Defend Action - In an action for breach of an obligation for which...

Part 2 - Negotiation, Transfer, and Indorsement

§ 4-3-201. Negotiation - Source: L. 94: Entire article R&RE, p. 850, § 1,...

§ 4-3-202. Negotiation Subject to Rescission - Source: L. 94: Entire article R&RE, p. 850, § 1,...

§ 4-3-203. Transfer of Instrument; Rights Acquired by Transfer - Source: L. 94: Entire article R&RE, p. 850, § 1,...

§ 4-3-204. Indorsement - Source: L. 94: Entire article R&RE, p. 851, § 1,...

§ 4-3-205. Special Indorsement; Blank Indorsement; Anomalous Indorsement - Source: L. 94: Entire article R&RE, p. 851, § 1,...

§ 4-3-206. Restrictive Indorsement - (1) Unless there is notice of breach of fiduciary duty...

§ 4-3-207. Reacquisition - Reacquisition of an instrument occurs if it is transferred to...

Part 3 - Enforcement of Instruments

§ 4-3-301. Person Entitled to Enforce Instrument - "Person entitled to enforce" an instrument means (i) the holder...

§ 4-3-302. Holder in Due Course - Source: L. 94: Entire article R&RE, p. 853, § 1,...

§ 4-3-303. Value and Consideration - Source: L. 94: Entire article R&RE, p. 855, § 1,...

§ 4-3-304. Overdue Instrument - (1) If the principal is payable in installments and a...

§ 4-3-305. Defenses and Claims in Recoupment - Source: L. 94: Entire article R&RE, p. 856, § 1,...

§ 4-3-306. Claims to an Instrument - A person taking an instrument, other than a person having...

§ 4-3-307. Notice of Breach of Fiduciary Duty - (1) Notice of breach of fiduciary duty by the fiduciary...

§ 4-3-308. Proof of Signatures and Status as Holder in Due Course - Source: L. 94: Entire article R&RE, p. 858, § 1,...

§ 4-3-309. Enforcement of Lost, Destroyed, or Stolen Instrument - Source: L. 94: Entire article R&RE, p. 858, § 1,...

§ 4-3-310. Effect of Instrument on Obligation for Which Taken - Source: L. 94: Entire article R&RE, p. 859, § 1,...

§ 4-3-311. Accord and Satisfaction by Use of Instrument - Source: L. 94: Entire article R&RE, p. 859, § 1,...

§ 4-3-312. Lost, Destroyed, or Stolen Cashier's Check, Teller's Check, or Certified Check - (1) The claim becomes enforceable at the later of (i)...

Part 4 - Liability of Parties

§ 4-3-401. Signature - Source: L. 94: Entire article R&RE, p. 862, § 1,...

§ 4-3-402. Signature by Representative - Source: L. 94: Entire article R&RE, p. 862, § 1,...

§ 4-3-403. Unauthorized Signature - Source: L. 94: Entire article R&RE, p. 863, § 1,...

§ 4-3-404. Impostors; Fictitious Payees - Source: L. 94: Entire article R&RE, p. 863, § 1,...

§ 4-3-405. Employer's Responsibility for Fraudulent Indorsement by Employee - Source: L. 94: Entire article R&RE, p. 864, § 1,...

§ 4-3-406. Negligence Contributing to Forged Signature or Alteration of Instrument - Source: L. 94: Entire article R&RE, p. 865, § 1,...

§ 4-3-407. Alteration - Source: L. 94: Entire article R&RE, p. 865, § 1,...

§ 4-3-408. Drawee Not Liable on Unaccepted Draft - A check or other draft does not of itself operate...

§ 4-3-409. Acceptance of Draft; Certified Check - Source: L. 94: Entire article R&RE, p. 866, § 1,...

§ 4-3-410. Acceptance of Varying Draft - Source: L. 94: Entire article R&RE, p. 866, § 1,...

§ 4-3-411. Refusal to Pay Cashier's Checks, Teller's Checks, and Certified Checks - Source: L. 94: Entire article R&RE, p. 867, § 1,...

§ 4-3-412. Obligation of Issuer of Note or Cashier's Check - The issuer of a note or cashier's check or other...

§ 4-3-413. Obligation of Acceptor - Source: L. 94: Entire article R&RE, p. 867, § 1,...

§ 4-3-414. Obligation of Drawer - Source: L. 94: Entire article R&RE, p. 867, § 1,...

§ 4-3-415. Obligation of Indorser - Source: L. 94: Entire article R&RE, p. 868, § 1,...

§ 4-3-416. Transfer Warranties - Source: L. 94: Entire article R&RE, p. 869, § 1,...

§ 4-3-417. Presentment Warranties - (1) The person obtaining payment and a prior transferor of...

§ 4-3-418. Payment or Acceptance by Mistake - Source: L. 94: Entire article R&RE, p. 871, § 1,...

§ 4-3-419. Instruments Signed for Accommodation - Source: L. 94: Entire article R&RE, p. 871, § 1,...

§ 4-3-420. Conversion of Instrument - Source: L. 94: Entire article R&RE, p. 872, § 1,...

Part 5 - Dishonor

§ 4-3-501. Presentment - Source: L. 94: Entire article R&RE, p. 873, § 1,...

§ 4-3-502. Dishonor - (1) If a check is duly presented for payment to...

§ 4-3-503. Notice of Dishonor - Source: L. 94: Entire article R&RE, p. 875, § 1,...

§ 4-3-504. Excused Presentment and Notice of Dishonor - Source: L. 94: Entire article R&RE, p. 875, § 1,...

§ 4-3-505. Evidence of Dishonor - Source: L. 94: Entire article R&RE, p. 876, § 1,...

§ 4-3-506. Recording Credit Card or Social Security Numbers Prohibited - Source: L. 2003: Entire section added, p. 1337, § 1,...

Part 6 - Discharge and Payment

§ 4-3-601. Discharge and Effect of Discharge - Source: L. 94: Entire article R&RE, p. 876, § 1,...

§ 4-3-602. Payment - Source: L. 94: Entire article R&RE, p. 876, § 1,...

§ 4-3-603. Tender of Payment - Source: L. 94: Entire article R&RE, p. 877, § 1,...

§ 4-3-604. Discharge by Cancellation or Renunciation - Source: L. 94: Entire article R&RE, p. 877, § 1,...

§ 4-3-605. Discharge of Indorsers and Accommodation Parties - Source: L. 94: Entire article R&RE, p. 878, § 1,...

Article 4 - Bank Deposits and Collections

Part 1 - General Provisions and Definitions

§ 4-4-101. Short Title - This article may be cited as the "Uniform Commercial Code...

§ 4-4-102. Applicability - Source: L. 94: Entire article amended with relocations, p. 879,...

§ 4-4-103. Variation by Agreement - Measure of Damages - Action Constituting Ordinary Care - Source: L. 94: Entire article amended with relocations, p. 880,...

§ 4-4-104. Definitions and Index of Definitions - "Agreement for electronic presentment" Section 4-4-110 "Bank" Section 4-4-105 "Collecting...

§ 4-4-105. "Bank" - "Depositary Bank" - "Intermediary Bank" - "Collecting Bank" - "Payor Bank" - "Presenting Bank" - In this article: Source: L. 94: Entire article amended with...

§ 4-4-106. Payable Through or Payable at Bank - Collecting Bank - Source: L. 94: Entire article amended with relocations, p. 883,...

§ 4-4-107. Separate Office of Bank - A branch or separate office of a bank is a...

§ 4-4-108. Time of Receipt of Items - Source: L. 94: Entire article amended with relocations, p. 884,...

§ 4-4-109. Delays - Source: L. 94: Entire article amended with relocations, p. 884,...

§ 4-4-110. Electronic Presentment - Source: L. 94: Entire article amended with relocations, p. 884,...

§ 4-4-111. Statute of Limitations - An action to enforce an obligation, duty, or right arising...

Part 2 - Collection of Items - Depositary and Collecting Banks

§ 4-4-201. Status of Collecting Banks as Agent and Provisional Status of Credits - Applicability of Article - Item Indorsed "Pay Any Bank" - Source: L. 94: Entire article amended with relocations, p. 885,...

§ 4-4-202. Responsibility for Collection or Return - When Action Timely - Source: L. 94: Entire article amended with relocations, p. 886,...

§ 4-4-203. Effect of Instructions - Subject to article 3 of this title concerning conversion of...

§ 4-4-204. Methods of Sending and Presenting - Sending Directly to Payor Bank - Source: L. 94: Entire article amended with relocations, p. 886,...

§ 4-4-205. Depositary Bank Holder of Unindorsed Item - If a customer delivers an item to a depositary bank...

§ 4-4-206. Transfer Between Banks - Any agreed method that identifies the transferor bank is sufficient...

§ 4-4-207. Transfer Warranties - Source: L. 94: Entire article amended with relocations, p. 887,...

§ 4-4-208. Presentment Warranties - Source: L. 94: Entire article amended with relocations, p. 889,...

§ 4-4-209. Encoding and Retention Warranties - Source: L. 94: Entire article amended with relocations, p. 891,...

§ 4-4-210. Security Interest of Collecting Bank in Items, Accompanying Documents, and Proceeds - (1) No security agreement is necessary to make the security...

§ 4-4-211. When Bank Gives Value for Purposes of Holder in Due Course - For purposes of determining its status as a holder in...

§ 4-4-212. Presentment by Notice of Item Not Payable By, Through, or at a Bank - Liability of Drawer or Indorser - Source: L. 94: Entire article amended with relocations, p. 892,...

§ 4-4-213. Medium and Time of Settlement by Bank - (1) Presents or forwards the check for collection, settlement is...

§ 4-4-214. Right of Charge-Back or Refund - Liability of Collecting Bank - Return of Item - Source: L. 94: Entire article amended with relocations, p. 894,...

§ 4-4-215. Final Payment of Item by Payor Bank - When Provisional Debits and Credits Become Final - When Certain Credits Become Available for Withdrawal - (1) If the bank has received a provisional settlement for...

§ 4-4-216. Insolvency and Preference - Source: L. 94: Entire article amended with relocations, p. 896,...

Part 3 - Collection of Items - Payor Banks

§ 4-4-301. Deferred Posting - Recovery of Payment by Return of Items - Time of Dishonor - Return of Items by Payor Bank - (1) As to an item presented through a clearing house,...

§ 4-4-302. Payor Bank's Responsibility for Late Return of Item - Source: L. 94: Entire article amended with relocations, p. 897,...

§ 4-4-303. When Items Subject to Notice, Stop-Payment Order, Legal Process, or Setoff - Order in Which Items May Be Charged or Certified - Source: L. 94: Entire article amended with relocations, p. 898,...

Part 4 - Relationship Between Payor Bank and Its Customer

§ 4-4-401. When Bank May Charge Customer's Account - Source: L. 94: Entire article amended with relocations, p. 899,...

§ 4-4-402. Bank's Liability to Customer for Wrongful Dishonor - Time of Determining Insufficiency of Account - Source: L. 94: Entire article amended with relocations, p. 899,...

§ 4-4-403. Customer's Right to Stop Payment - Burden of Proof of Loss - Source: L. 94: Entire article amended with relocations, p. 900,...

§ 4-4-404. Bank Not Obligated to Pay Check More Than Six Months Old - A bank is under no obligation to a customer having...

§ 4-4-405. Death or Incompetence of Customer - Source: L. 94: Entire article amended with relocations, p. 900,...

§ 4-4-406. Customer's Duty to Discover and Report Unauthorized Signature or Alteration - Source: L. 94: Entire article amended with relocations, p. 901,...

§ 4-4-407. Payor Bank's Right to Subrogation on Improper Payment - If a payor bank has paid an item over the...

Part 5 - Collection of Documentary Drafts

§ 4-4-501. Handling of Documentary Drafts - Duty to Send for Presentment and to Notify Customer of Dishonor - A bank that takes a documentary draft for collection shall...

§ 4-4-502. Presentment of "On Arrival" Drafts - If a draft or the relevant instructions require presentment "on...

§ 4-4-503. Responsibility of Presenting Bank for Documents and Goods - Report of Reason for Dishonor - Referee in Case of Need - Unless otherwise instructed and except as provided in article 5...

§ 4-4-504. Privilege of Presenting Bank to Deal With Goods - Security Interest for Expenses - Source: L. 94: Entire article amended with relocations, p. 904,...

Article 4.5 - Funds Transfers

Part 1 - Subject Matter and Definitions

§ 4-4.5-101. Short Title - This article may be cited as "Uniform Commercial Code --...

§ 4-4.5-102. Subject Matter - Except as otherwise provided in section 4-4.5-108, this article applies...

§ 4-4.5-103. Payment Order - Definitions - Source: L. 90: Entire article added, p. 342, § 1,...

§ 4-4.5-104. Funds Transfer - Definitions - In this article: Source: L. 90: Entire article added, p....

§ 4-4.5-105. Other Definitions - "Acceptance". Section 4-4.5-209 "Beneficiary". Section 4-4.5-103 "Beneficiary's bank". Section 4-4.5-103...

§ 4-4.5-106. Time Payment Order Is Received - Source: L. 90: Entire article added, p. 344, § 1,...

§ 4-4.5-107. Federal Reserve Regulations and Operating Circulars - Regulations of the board of governors of the federal reserve...

§ 4-4.5-108. Relationship to Federal "Electronic Fund Transfer Act of 1978" - Source: L. 90: Entire article added, p. 345, § 1,...

Part 2 - Issue and Acceptance of Payment Order

§ 4-4.5-201. Security Procedure - "Security procedure" means a procedure established by agreement of a...

§ 4-4.5-202. Authorized and Verified Payment Orders - Source: L. 90: Entire article added, p. 345, § 1,...

§ 4-4.5-203. Unenforceability of Certain Verified Payment Orders - Source: L. 90: Entire article added, p. 346, § 1,...

§ 4-4.5-204. Refund of Payment and Duty of Customer to Report With Respect to Unauthorized Payment Order - Source: L. 90: Entire article added, p. 346, § 1,...

§ 4-4.5-205. Erroneous Payment Orders - Source: L. 90: Entire article added, p. 347, § 1,...

§ 4-4.5-206. Transmission of Payment Order Through Funds-Transfer or Other Communication System - Source: L. 90: Entire article added, p. 348, § 1,...

§ 4-4.5-207. Misdescription of Beneficiary - (1) If the originator is a bank, the originator is...

§ 4-4.5-208. Misdescription of Intermediary Bank or Beneficiary's Bank - (1) If the sender is a bank, the receiving bank...

§ 4-4.5-209. Acceptance of Payment Order - Source: L. 90: Entire article added, p. 350, § 1,...

§ 4-4.5-210. Rejection of Payment Order - Source: L. 90: Entire article added, p. 351, § 1,...

§ 4-4.5-211. Cancellation and Amendment of Payment Order - Source: L. 90: Entire article added, p. 351, § 1,...

§ 4-4.5-212. Liability and Duty of Receiving Bank Regarding Unaccepted Payment Order - If a receiving bank fails to accept a payment order...

Part 3 - Execution of Sender's Payment Order by Receiving Bank

§ 4-4.5-301. Execution and Execution Date - Source: L. 90: Entire article added, p. 353, § 1,...

§ 4-4.5-302. Obligations of Receiving Bank in Execution of Payment Order - Source: L. 90: Entire article added, p. 353, § 1,...

§ 4-4.5-303. Erroneous Execution of Payment Order - Source: L. 90: Entire article added, p. 354, § 1,...

§ 4-4.5-304. Duty of Sender to Report Erroneously Executed Payment Order - If the sender of a payment order that is erroneously...

§ 4-4.5-305. Liability for Late or Improper Execution or Failure to Execute Payment Order - Source: L. 90: Entire article added, p. 355, § 1,...

Part 4 - Payment

§ 4-4.5-401. Payment Date - "Payment date" of a payment order means the day on...

§ 4-4.5-402. Obligation of Sender to Pay Receiving Bank - Source: L. 90: Entire article added, p. 356, § 1,...

§ 4-4.5-403. Payment by Sender to Receiving Bank - Source: L. 90: Entire article added, p. 356, § 1,...

§ 4-4.5-404. Obligation of Beneficiary's Bank to Pay and Give Notice to Beneficiary - Source: L. 90: Entire article added, p. 357, § 1,...

§ 4-4.5-405. Payment by Beneficiary's Bank to Beneficiary - Source: L. 90: Entire article added, p. 358, § 1,...

§ 4-4.5-406. Payment by Originator to Beneficiary; Discharge of Underlying Obligation - Source: L. 90: Entire article added, p. 359, § 1,...

Part 5 - Miscellaneous Provisions

§ 4-4.5-501. Variation by Agreement and Effect of Funds-Transfer System Rule - Source: L. 90: Entire article added, p. 360, § 1,...

§ 4-4.5-502. Creditor Process Served on Receiving Bank; Setoff by Beneficiary's Bank - Source: L. 90: Entire article added, p. 360, § 1,...

§ 4-4.5-503. Injunction or Restraining Order With Respect to Funds Transfer - For proper cause and in compliance with applicable law, a...

§ 4-4.5-504. Order in Which Items and Payment Orders May Be Charged to Account; Order of Withdrawals From Account - Source: L. 90: Entire article added, p. 361, § 1,...

§ 4-4.5-505. Preclusions of Objection to Debit of Customer's Account - If a receiving bank has received payment from its customer...

§ 4-4.5-506. Rate of Interest - Source: L. 90: Entire article added, p. 361, § 1,...

§ 4-4.5-507. Choice of Law - Source: L. 90: Entire article added, p. 362, § 1,...

Article 5 - Letters of Credit

§ 4-5-101. Short Title - This article may be cited as "Uniform Commercial Code -...

§ 4-5-102. Definitions - Accept or acceptance Section 4-3-409 Value Sections 4-3-303, 4-4-211 Source:...

§ 4-5-103. Scope - Source: L. 96: Entire article R&RE, p. 193, § 1,...

§ 4-5-104. Formal Requirements - A letter of credit, confirmation, advice, transfer, amendment, or cancellation...

§ 4-5-105. Consideration - Consideration is not required to issue, amend, transfer, or cancel...

§ 4-5-106. Issuance, Amendment, Cancellation, and Duration - Source: L. 96: Entire article R&RE, p. 194, § 1,...

§ 4-5-107. Confirmer, Nominated Person, and Adviser - Source: L. 96: Entire article R&RE, p. 194, § 1,...

§ 4-5-108. Issuer's Rights and Obligations - (1) The performance or nonperformance of the underlying contract, arrangement,...

§ 4-5-109. Fraud and Forgery - (1) The relief is not prohibited under the law applicable...

§ 4-5-110. Warranties - Source: L. 96: Entire article R&RE, p. 196, § 1,...

§ 4-5-111. Remedies - Source: L. 96: Entire article R&RE, p. 197, § 1,...

§ 4-5-112. Transfer of Letter of Credit - Source: L. 96: Entire article R&RE, p. 198, § 1,...

§ 4-5-113. Transfer by Operation of Law - Source: L. 96: Entire article R&RE, p. 198, § 1,...

§ 4-5-114. Assignment of Proceeds - Source: L. 96: Entire article R&RE, p. 199, § 1,...

§ 4-5-115. Statute of Limitations - An action to enforce a right or obligation arising under...

§ 4-5-116. Choice of Law and Forum - Source: L. 96: Entire article R&RE, p. 200, § 1,...

§ 4-5-117. Subrogation of Issuer, Applicant, and Nominated Person - Source: L. 96: Entire article R&RE, p. 201, § 1,...

§ 4-5-117.5. Security Interest of Issuer or Nominated Person - Source: L. 2001: Entire section added, p. 1441, § 28,...

§ 4-5-118. Applicability - This article applies to a letter of credit that is...

§ 4-5-119. Saving Clause - A transaction arising out of or associated with a letter...

Article 7 - Documents of Title

Part 1 - General

§ 4-7-101. Short Title - This article shall be known and may be cited as...

§ 4-7-102. Definitions and Index of Definitions - (1) "Contract for sale", section 4-2-106; (2) "Lessee in the...

§ 4-7-103. Relation of Article to Treaty or Statute - Source: L. 2006: Entire article R&RE, p. 470, § 2,...

§ 4-7-104. Negotiable and Nonnegotiable Document of Title - Source: L. 2006: Entire article R&RE, p. 471, § 2,...

§ 4-7-105. Reissuance in Alternative Medium - (1) The electronic document ceases to have any effect or...

§ 4-7-106. Control of Electronic Document of Title - Source: L. 2006: Entire article R&RE, p. 472, § 2,...

Part 2 - Warehouse Receipts - Special Provisions

§ 4-7-201. Person That May Issue a Warehouse Receipt - Storage Under Bond - Source: L. 2006: Entire article R&RE, p. 473, § 2,...

§ 4-7-202. Form of Warehouse Receipt - Effect of Omission - Source: L. 2006: Entire article R&RE, p. 473, § 2,...

§ 4-7-203. Liability for Nonreceipt or Misdescription - A party to or purchaser for value in good faith...

§ 4-7-204. Duty of Care - Contractual Limitation of Warehouse's Liability - Source: L. 2006: Entire article R&RE, p. 474, § 2,...

§ 4-7-205. Title Under Warehouse Receipt Defeated in Certain Cases - A buyer in ordinary course of business of fungible goods...

§ 4-7-206. Termination of Storage at Warehouse's Option - Source: L. 2006: Entire article R&RE, p. 475, § 2,...

§ 4-7-207. Goods Must Be Kept Separate - Fungible Goods - Source: L. 2006: Entire article R&RE, p. 475, § 2,...

§ 4-7-208. Altered Warehouse Receipts - If a blank in a negotiable tangible warehouse receipt has...

§ 4-7-209. Lien of Warehouse - Source: L. 2006: Entire article R&RE, p. 476, § 2,...

§ 4-7-210. Enforcement of Warehouse's Lien - Source: L. 2006: Entire article R&RE, p. 477, § 2,...

Part 3 - Bills of Lading - Special Provisions

§ 4-7-301. Liability for Nonreceipt or Misdescription - "Said to Contain" - "Shipper's Weight, Load, and Count" - Improper Handling - Source: L. 2006: Entire article R&RE, p. 478, § 2,...

§ 4-7-302. Through Bills of Lading and Similar Documents of Title - Source: L. 2006: Entire article R&RE, p. 479, § 2,...

§ 4-7-303. Diversion - Reconsignment - Change of Instructions - Source: L. 2006: Entire article R&RE, p. 480, § 2,...

§ 4-7-304. Tangible Bills of Lading in a Set - Source: L. 2006: Entire article R&RE, p. 480, § 2,...

§ 4-7-305. Destination Bills - Source: L. 2006: Entire article R&RE, p. 481, § 2,...

§ 4-7-306. Altered Bills of Lading - An unauthorized alteration or filling in of a blank in...

§ 4-7-307. Lien of Carrier - Source: L. 2006: Entire article R&RE, p. 481, § 2,...

§ 4-7-308. Enforcement of Carrier's Lien - Source: L. 2006: Entire article R&RE, p. 482, § 2,...

§ 4-7-309. Duty of Care - Contractual Limitation of Carrier's Liability - Source: L. 2006: Entire article R&RE, p. 482, § 2,...

Part 4 - Warehouse Receipts and Bills of Lading - General Obligations

§ 4-7-401. Irregularities in Issue of Receipt or Bill or Conduct of Issuer - The obligations imposed by this article on an issuer apply...

§ 4-7-402. Duplicate Document of Title - Overissue - A duplicate or any other document of title purporting to...

§ 4-7-403. Obligation of Bailee to Deliver - Excuse - (1) The person claiming under a document shall surrender possession...

§ 4-7-404. No Liability for Good-Faith Delivery Pursuant to Document of Title - A bailee that in good faith has received goods and...

Part 5 - Warehouse Receipts and Bills of Lading - Negotiation and Transfer

§ 4-7-501. Form of Negotiation and Requirements of Due Negotiation - (1) If the document's original terms run to the order...

§ 4-7-502. Rights Acquired by Due Negotiation - (1) The due negotiation or any prior due negotiation constituted...

§ 4-7-503. Document of Title to Goods Defeated in Certain Cases - Source: L. 2006: Entire article R&RE, p. 486, § 2,...

§ 4-7-504. Rights Acquired in Absence of Due Negotiation - Effect of Diversion - Stoppage of Delivery - Source: L. 2006: Entire article R&RE, p. 487, § 2,...

§ 4-7-505. Indorser Not Guarantor for Other Parties - The indorsement of a tangible document of title issued by...

§ 4-7-506. Delivery Without Indorsement - Right to Compel Indorsement - The transferee of a negotiable tangible document of title has...

§ 4-7-507. Warranties on Negotiation or Delivery of Document of Title - If a person negotiates or delivers a document of title...

§ 4-7-508. Warranties of Collecting Bank as to Documents of Title - A collecting bank or other intermediary known to be entrusted...

§ 4-7-509. Adequate Compliance With Commercial Contract - Whether a document of title is adequate to fulfill the...

Part 6 - Warehouse Receipts and Bills of Lading - Miscellaneous Provisions

§ 4-7-601. Lost, Stolen, or Destroyed Documents of Title - Source: L. 2006: Entire article R&RE, p. 488, § 2,...

§ 4-7-602. Attachment of Goods Covered by Negotiable Document of Title - Unless a document of title was originally issued upon delivery...

§ 4-7-603. Conflicting Claims - Interpleader - If more than one person claims title to or possession...

Part 7 - Transition Provisions

§ 4-7-701. Effective Date - This article shall take effect on September 1, 2006. Source:...

§ 4-7-702. Applicability - This article applies to a document of title that is...

§ 4-7-703. Saving Clause - A document of title issued or a bailment that arises...

Article 8 - Investment Securities

Part 1 - Short Title and General Matters

§ 4-8-101. Short Title - This article may be cited as "Uniform Commercial Code -...

§ 4-8-102. Definitions - Appropriate person Section 4-8-107 Control Section 4-8-106 Delivery Section 4-8-301...

§ 4-8-103. Rules for Determining Whether Certain Obligations and Interests Are Securities or Financial Assets - Source: L. 96: Entire article R&RE, p. 205, § 2,...

§ 4-8-104. Acquisition of Security or Financial Asset or Interest Therein - Source: L. 96: Entire article R&RE, p. 206, § 2,...

§ 4-8-105. Notice of Adverse Claim - (1) One year after a date set for presentment or...

§ 4-8-106. Control - (1) The uncertificated security is delivered to the purchaser; or...

§ 4-8-107. Whether Indorsement, Instruction, or Entitlement Order Is Effective - (1) It is made by the appropriate person; (2) It...

§ 4-8-108. Warranties in Direct Holding - (1) The instruction is made by an appropriate person, or...

§ 4-8-109. Warranties in Indirect Holding - Source: L. 96: Entire article R&RE, p. 212, § 2,...

§ 4-8-110. Applicability - Choice of Law - (1) Acquisition of a security entitlement from the securities intermediary;...

§ 4-8-111. Clearing Corporation Rules - A rule adopted by a clearing corporation governing rights and...

§ 4-8-112. Creditor's Legal Process - Source: L. 96: Entire article R&RE, p. 214, § 2,...

§ 4-8-113. Statute of Frauds Inapplicable - A contract or modification of a contract for the sale...

§ 4-8-114. Evidentiary Rules Concerning Certificated Securities - The following rules apply in an action on a certificated...

§ 4-8-115. Securities Intermediary and Others Not Liable to Adverse Claimant - A securities intermediary that has transferred a financial asset pursuant...

§ 4-8-116. Securities Intermediary as Purchaser for Value - A securities intermediary that receives a financial asset and establishes...

Part 2 - Issue and Issuer

§ 4-8-201. Issuer - Source: L. 96: Entire article R&RE, p. 216, § 2,...

§ 4-8-202. Issuer's Responsibility and Defenses - Notice of Defect or Defense - Source: L. 96: Entire article R&RE, p. 216, § 2,...

§ 4-8-203. Staleness as Notice of Defect or Defense - After an act or event, other than a call that...

§ 4-8-204. Effect of Issuer's Restriction on Transfer - A restriction on transfer of a security imposed by the...

§ 4-8-205. Effect of Unauthorized Signature on Security Certificate - An unauthorized signature placed on a security certificate before or...

§ 4-8-206. Completion or Alteration of Security Certificate - Source: L. 96: Entire article R&RE, p. 218, § 2,...

§ 4-8-207. Rights and Duties of Issuer With Respect to Registered Owners - Source: L. 96: Entire article R&RE, p. 219, § 2,...

§ 4-8-208. Effect of Signature of Authenticating Trustee, Registrar, or Transfer Agent - Source: L. 96: Entire article R&RE, p. 219, § 2,...

§ 4-8-209. Issuer's Lien - A lien in favor of an issuer upon a certificated...

§ 4-8-210. Overissue - Source: L. 96: Entire article R&RE, p. 219, § 2,...

Part 3 - Transfer of Certificated and Uncertificated Securities

§ 4-8-301. Delivery - (1) The issuer registers the purchaser as the registered owner,...

§ 4-8-302. Rights of Purchaser - Source: L. 96: Entire article R&RE, p. 220, § 2,...

§ 4-8-303. Protected Purchaser - Source: L. 96: Entire article R&RE, p. 221, § 2,...

§ 4-8-304. Indorsement - Source: L. 96: Entire article R&RE, p. 221, § 2,...

§ 4-8-305. Instruction - Source: L. 96: Entire article R&RE, p. 221, § 2,...

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Colorado Code Title 4 - Uniform Commercial Code

Colorado Code
Title 4 - Uniform Commercial Code