(a) This title shall be liberally construed and applied to promote its underlying purposes and policies, which are:
(1) To simplify, clarify and modernize the law governing commercial transactions;
(2) To permit the continued expansion of commercial practices through custom, usage and agreement of the parties; and
(3) To make uniform the law among the various jurisdictions.
(b) Unless displaced by the particular provisions of this title, the principles of law and equity, including the law merchant and the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, and other validating or invalidating cause supplement its provisions.
(1959, P.A. 133, S. 1-103; P.A. 05-109, S. 3.)
History: P.A. 05-109 amended section to adopt the 2001 Revision of Uniform Commercial Code Article 1–General Provisions.
Cited. 166 C. 280; 171 C. 63; 183 C. 266; 184 C. 607; 202 C. 106.
Cited. 14 CA 481.
Structure Connecticut General Statutes
Title 42a - Uniform Commercial Code
Article 1 - General Provisions
Section 42a-1-101. - Short titles.
Section 42a-1-102. - Scope of article.
Section 42a-1-104. - Construction against implied repeal.
Section 42a-1-105. - Severability.
Section 42a-1-106. - Use of singular and plural; gender.
Section 42a-1-107. - Waiver or renunciation of claim or right after breach.
Section 42a-1-108. - Relation to Electronic Signatures in Global and National Commerce Act.
Section 42a-1-201. - General definitions.
Section 42a-1-202. - Notice; knowledge.
Section 42a-1-203. - Lease distinguished from security interest.
Section 42a-1-205. - Reasonable time; seasonableness.
Section 42a-1-206. - Presumptions.
Section 42a-1-301. - Territorial applicability; parties' power to choose applicable law.
Section 42a-1-302. - Variation by agreement.
Section 42a-1-303. - Course of performance, course of dealing and usage of trade.
Section 42a-1-304. - Obligation of good faith.
Section 42a-1-305. - Remedies to be liberally administered.
Section 42a-1-306. - Waiver or renunciation of claim or right after breach.
Section 42a-1-307. - Prima facie evidence by third-party documents.
Section 42a-1-308. - Performance or acceptance under reservation of rights.