336.8-108 MS 1994 [Repealed, 1995 c 194 art 1 s 53] 336.8-108 WARRANTIES IN DIRECT HOLDING.
(a) A person who transfers a certificated security to a purchaser for value warrants to the purchaser, and an endorser, if the transfer is by endorsement, warrants to any subsequent purchaser, that:
(1) the certificate is genuine and has not been materially altered;
(2) the transferor or endorser does not know of any fact that might impair the validity of the security;
(3) there is no adverse claim to the security;
(4) the transfer does not violate any restriction on transfer;
(5) if the transfer is by endorsement, the endorsement is made by an appropriate person, or if the endorsement is by an agent, the agent has actual authority to act on behalf of the appropriate person; and
(6) the transfer is otherwise effective and rightful.
(b) A person who originates an instruction for registration of transfer of an uncertificated security to a purchaser for value warrants to the purchaser that:
(1) the instruction is made by an appropriate person, or if the instruction is by an agent, the agent has actual authority to act on behalf of the appropriate person;
(2) the security is valid;
(3) there is no adverse claim to the security; and
(4) at the time the instruction is presented to the issuer:
(i) the purchaser will be entitled to the registration of transfer;
(ii) the transfer will be registered by the issuer free from all liens, security interests, restrictions, and claims other than those specified in the instruction;
(iii) the transfer will not violate any restriction on transfer; and
(iv) the requested transfer will otherwise be effective and rightful.
(c) A person who transfers an uncertificated security to a purchaser for value and does not originate an instruction in connection with the transfer warrants that:
(1) the uncertificated security is valid;
(2) there is no adverse claim to the security;
(3) the transfer does not violate any restriction on transfer; and
(4) the transfer is otherwise effective and rightful.
(d) A person who endorses a security certificate warrants to the issuer that:
(1) there is no adverse claim to the security; and
(2) the endorsement is effective.
(e) A person who originates an instruction for registration of transfer of an uncertificated security warrants to the issuer that:
(1) the instruction is effective; and
(2) at the time the instruction is presented to the issuer the purchaser will be entitled to the registration of transfer.
(f) A person who presents a certificated security for registration of transfer or for payment or exchange warrants to the issuer that the person is entitled to the registration, payment, or exchange, but a purchaser for value and without notice of adverse claims to whom transfer is registered warrants only that the person has no knowledge of any unauthorized signature in a necessary endorsement.
(g) If a person acts as agent of another in delivering a certificated security to a purchaser, the identity of the principal was known to the person to whom the certificate was delivered, and the certificate delivered by the agent was received by the agent from the principal or received by the agent from another person at the direction of the principal, the person delivering the security certificate warrants only that the delivering person has authority to act for the principal and does not know of any adverse claim to the certificated security.
(h) A secured party who redelivers a security certificate received, or after payment and on order of the debtor delivers the security certificate to another person, makes only the warranties of an agent under subsection (g).
(i) Except as otherwise provided in subsection (g), a broker acting for a customer makes to the issuer and a purchaser the warranties provided in subsections (a) through (f). A broker that delivers a security certificate to its customer, or causes its customer to be registered as the owner of an uncertificated security, makes to the customer the warranties provided in subsection (a) or (b), and has the rights and privileges of a purchaser under this section. The warranties of and in favor of the broker acting as an agent are in addition to applicable warranties given by and in favor of the customer.
1995 c 194 art 1 s 8
Structure Minnesota Statutes
Chapters 324 - 341 — Trade Regulations, Consumer Protection
Chapter 336 — Uniform Commercial Code
Section 336.1-101 — Short Titles.
Section 336.1-102 — Scope Of Article.
Section 336.1-104 — Construction Against Implied Repeal.
Section 336.1-105 — Severability.
Section 336.1-106 — Use Of Singular And Plural; Gender.
Section 336.1-107 — Section Captions.
Section 336.1-108 — Relation To Electronic Signatures In Global And National Commerce Act.
Section 336.1-110 — Uniform Commercial Code Account.
Section 336.1-201 — General Definitions.
Section 336.1-202 — Notice; Knowledge.
Section 336.1-203 — Lease Distinguished From Security Interest.
Section 336.1-205 — Reasonable Time; Seasonableness.
Section 336.1-206 — Presumptions.
Section 336.1-301 — Territorial Applicability; Parties' Power To Choose Applicable Law.
Section 336.1-302 — Variation By Agreement.
Section 336.1-303 — Course Of Performance, Course Of Dealing, And Usage Of Trade.
Section 336.1-304 — Obligation Of Good Faith.
Section 336.1-305 — Remedies To Be Liberally Administered.
Section 336.1-306 — Waiver Or Renunciation Of Claim Or Right After Breach.
Section 336.1-307 — Prima Facie Evidence By Third-party Documents.
Section 336.1-308 — Performance Or Acceptance Under Reservation Of Rights.
Section 336.1-309 — Option To Accelerate At Will.
Section 336.1-310 — Subordinated Obligations.
Section 336.2-101 — Short Title.
Section 336.2-102 — Scope; Certain Security And Other Transactions Excluded From This Article.
Section 336.2-103 — Definitions And Index Of Definitions.
Section 336.2-104 — Definitions: "merchant"; "between Merchants"; "financing Agency."
Section 336.2-105 — Definitions: Transferability; "goods"; "future" Goods; "lot"; "commercial Unit."
Section 336.2-107 — Goods To Be Severed From Realty; Recording.
Section 336.2-201 — Formal Requirements; Statute Of Frauds.
Section 336.2-202 — Final Written Expression; Parol Or Extrinsic Evidence.
Section 336.2-203 — Seals Inoperative.
Section 336.2-204 — Formation In General.
Section 336.2-205 — Firm Offers.
Section 336.2-206 — Offer And Acceptance In Formation Of Contract.
Section 336.2-207 — Additional Terms In Acceptance Or Confirmation.
Section 336.2-209 — Modification, Rescission And Waiver.
Section 336.2-210 — Delegation Of Performance; Assignment Of Rights.
Section 336.2-301 — General Obligations Of Parties.
Section 336.2-302 — Unconscionable Contract Or Clause.
Section 336.2-303 — Allocation Or Division Of Risks.
Section 336.2-304 — Price Payable In Money, Goods, Realty, Or Otherwise.
Section 336.2-305 — Open Price Term.
Section 336.2-306 — Output, Requirements And Exclusive Dealings.
Section 336.2-307 — Delivery In Single Lot Or Several Lots.
Section 336.2-308 — Absence Of Specified Place For Delivery.
Section 336.2-309 — Absence Of Specific Time Provisions; Notice Of Termination.
Section 336.2-310 — Open Time For Payment Or Running Of Credit; Authority To Ship Under Reservation.
Section 336.2-311 — Options And Cooperation Respecting Performance.
Section 336.2-313 — Express Warranties By Affirmation, Promise, Description, Sample.
Section 336.2-314 — Implied Warranty; Merchantability; Usage Of Trade.
Section 336.2-315 — Implied Warranty; Fitness For Particular Purpose.
Section 336.2-316 — Exclusion Or Modification Of Warranties.
Section 336.2-317 — Cumulation And Conflict Of Warranties Express Or Implied.
Section 336.2-318 — Third-party Beneficiaries Of Warranties Express Or Implied.
Section 336.2-319 — F.o.b. And F.a.s. Terms.
Section 336.2-320 — C.i.f. And C.& F. Terms.
Section 336.2-322 — Delivery "ex-ship."
Section 336.2-323 — Form Of Bill Of Lading Required In Overseas Shipment; "overseas."
Section 336.2-324 — "no Arrival, No Sale" Term.
Section 336.2-325 — "letter Of Credit" Term; "confirmed Credit."
Section 336.2-326 — Sale On Approval And Sale Or Return; Rights Of Creditors.
Section 336.2-327 — Special Incidents Of Sale On Approval And Sale Or Return.
Section 336.2-328 — Sale By Auction.
Section 336.2-401 — Passing Of Title; Reservation For Security; Limited Application Of This Section.
Section 336.2-402 — Rights Of Seller's Creditors Against Sold Goods.
Section 336.2-403 — Power To Transfer; Good Faith Purchase Of Goods; "entrusting."
Section 336.2-501 — Insurable Interest In Goods; Manner Of Identification Of Goods.
Section 336.2-503 — Manner Of Seller's Tender Of Delivery.
Section 336.2-504 — Shipment By Seller.
Section 336.2-505 — Seller's Shipment Under Reservation.
Section 336.2-506 — Rights Of Financing Agency.
Section 336.2-507 — Effect Of Seller's Tender; Delivery On Condition.
Section 336.2-508 — Cure By Seller Of Improper Tender Or Delivery; Replacement.
Section 336.2-509 — Risk Of Loss In The Absence Of Breach.
Section 336.2-510 — Effect Of Breach On Risk Of Loss.
Section 336.2-511 — Tender Of Payment By Buyer; Payment By Check.
Section 336.2-512 — Payment By Buyer Before Inspection.
Section 336.2-513 — Buyer's Right To Inspection Of Goods.
Section 336.2-514 — When Documents Deliverable On Acceptance; When On Payment.
Section 336.2-515 — Preserving Evidence Of Goods In Dispute.
Section 336.2-601 — Buyer's Rights On Improper Delivery.
Section 336.2-602 — Manner And Effect Of Rightful Rejection.
Section 336.2-603 — Merchant Buyer's Duties As To Rightfully Rejected Goods.
Section 336.2-604 — Buyer's Options As To Salvage Of Rightfully Rejected Goods.
Section 336.2-605 — Waiver Of Buyer's Objections By Failure To Particularize.
Section 336.2-606 — What Constitutes Acceptance Of Goods.
Section 336.2-608 — Revocation Of Acceptance In Whole Or In Part.
Section 336.2-609 — Right To Adequate Assurance Of Performance.
Section 336.2-610 — Anticipatory Repudiation.
Section 336.2-611 — Retraction Of Anticipatory Repudiation.
Section 336.2-612 — "installment Contract"; Breach.
Section 336.2-613 — Casualty To Identified Goods.
Section 336.2-614 — Substituted Performance.
Section 336.2-615 — Excuse By Failure Of Presupposed Conditions.
Section 336.2-616 — Procedure On Notice Claiming Excuse.
Section 336.2-701 — Remedies For Breach Of Collateral Contracts Not Impaired.
Section 336.2-702 — Seller's Remedies On Discovery Of Buyer's Insolvency.
Section 336.2-703 — Seller's Remedies In General.
Section 336.2-705 — Seller's Stoppage Of Delivery In Transit Or Otherwise.
Section 336.2-706 — Seller's Resale Including Contract For Resale.
Section 336.2-707 — "person In The Position Of A Seller."
Section 336.2-708 — Seller's Damages For Nonacceptance Or Repudiation.
Section 336.2-709 — Action For The Price.
Section 336.2-710 — Seller's Incidental Damages.
Section 336.2-711 — Buyer's Remedies In General; Buyer's Security Interest In Rejected Goods.
Section 336.2-712 — "cover"; Buyer's Procurement Of Substitute Goods.
Section 336.2-713 — Buyer's Damages For Nondelivery Or Repudiation.
Section 336.2-714 — Buyer's Damages For Breach In Regard To Accepted Goods.
Section 336.2-715 — Buyer's Incidental And Consequential Damages.
Section 336.2-716 — Buyer's Right To Specific Performance Or Replevin.
Section 336.2-717 — Deduction Of Damages From The Price.
Section 336.2-718 — Liquidation Or Limitation Of Damages; Deposits.
Section 336.2-719 — Contractual Modification Or Limitation Of Remedy.
Section 336.2-720 — Effect Of "cancellation" Or "rescission" On Claims For Antecedent Breach.
Section 336.2-721 — Remedies For Fraud.
Section 336.2-722 — Who Can Sue Third Parties For Injury To Goods.
Section 336.2-723 — Proof Of Market Price; Time And Place.
Section 336.2-724 — Admissibility Of Market Quotations.
Section 336.2-725 — Statute Of Limitations In Contracts For Sale.
Section 336.2A-101 — Short Title.
Section 336.2A-103 — Definitions And Index Of Definitions.
Section 336.2A-104 — Leases Subject To Other Statutes.
Section 336.2A-105 — Territorial Application Of Article To Goods Covered By Certificate Of Title.
Section 336.2A-107 — Waiver Or Renunciation Of Claim Or Right After Default.
Section 336.2A-108 — Unconscionability.
Section 336.2A-109 — Option To Accelerate At Will.
Section 336.2A-201 — Statute Of Frauds.
Section 336.2A-202 — Final Written Expression; Parol Or Extrinsic Evidence.
Section 336.2A-203 — Seals Inoperative.
Section 336.2A-204 — Formation In General.
Section 336.2A-205 — Firm Offers.
Section 336.2A-206 — Offer And Acceptance In Formation Of Lease Contract.
Section 336.2A-208 — Modification, Rescission And Waiver.
Section 336.2A-209 — Lessee Under Finance Lease As Beneficiary Of Supply Contract.
Section 336.2A-210 — Express Warranties.
Section 336.2A-212 — Implied Warranty Of Merchantability.
Section 336.2A-213 — Implied Warranty Of Fitness For Particular Purpose.
Section 336.2A-214 — Exclusion Or Modification Of Warranties.
Section 336.2A-215 — Cumulation And Conflict Of Warranties Express Or Implied.
Section 336.2A-216 — Third-party Beneficiaries Of Express And Implied Warranties.
Section 336.2A-217 — Identification.
Section 336.2A-218 — Insurance And Proceeds.
Section 336.2A-219 — Risk Of Loss.
Section 336.2A-220 — Effect Of Default On Risk Of Loss.
Section 336.2A-221 — Casualty To Identified Goods.
Section 336.2A-301 — Enforceability Of Lease Contract.
Section 336.2A-302 — Title To And Possession Of Goods.
Section 336.2A-304 — Subsequent Lease Of Goods By Lessor.
Section 336.2A-305 — Sale Or Sublease Of Goods By Lessee.
Section 336.2A-306 — Priority Of Certain Liens Arising By Operation Of Law.
Section 336.2A-308 — Special Rights Of Creditors.
Section 336.2A-309 — Lessor's And Lessee's Rights When Goods Become Fixtures.
Section 336.2A-310 — Lessor's And Lessee's Rights When Goods Become Accessions.
Section 336.2A-311 — Priority Subject To Subordination.
Section 336.2A-401 — Insecurity; Adequate Assurance Of Performance.
Section 336.2A-402 — Anticipatory Repudiation.
Section 336.2A-403 — Retraction Of Anticipatory Repudiation.
Section 336.2A-404 — Substituted Performance.
Section 336.2A-405 — Excused Performance.
Section 336.2A-406 — Procedure On Excused Performance.
Section 336.2A-407 — Irrevocable Promises; Finance Leases.
Section 336.2A-501 — Default; Procedure.
Section 336.2A-502 — Notice After Default.
Section 336.2A-503 — Modification Or Impairment Of Rights And Remedies.
Section 336.2A-504 — Liquidation Of Damages.
Section 336.2A-506 — Statute Of Limitations.
Section 336.2A-507 — Proof Of Market Rent; Time And Place.
Section 336.2A-508 — Lessee's Remedies.
Section 336.2A-509 — Lessee's Rights On Improper Delivery; Rightful Rejection.
Section 336.2A-510 — Installment Lease Contracts; Rejection And Default.
Section 336.2A-511 — Merchant Lessee's Duties As To Rightfully Rejected Goods.
Section 336.2A-512 — Lessee's Duties As To Rightfully Rejected Goods.
Section 336.2A-513 — Cure By Lessor Of Improper Tender Or Delivery; Replacement.
Section 336.2A-514 — Waiver Of Lessee's Objections.
Section 336.2A-515 — Acceptance Of Goods.
Section 336.2A-517 — Revocation Of Acceptance Of Goods.
Section 336.2A-518 — Cover; Substitute Goods.
Section 336.2A-520 — Lessee's Incidental And Consequential Damages.
Section 336.2A-521 — Lessee's Right To Specific Performance Or Replevin.
Section 336.2A-522 — Lessee's Right To Goods On Lessor's Insolvency.
Section 336.2A-523 — Lessor's Remedies.
Section 336.2A-524 — Lessor's Right To Identify Goods To Lease Contract.
Section 336.2A-525 — Lessor's Right To Possession Of Goods.
Section 336.2A-526 — Lessor's Stoppage Of Delivery In Transit Or Otherwise.
Section 336.2A-527 — Lessor's Rights To Dispose Of Goods.
Section 336.2A-529 — Lessor's Action For The Rent.
Section 336.2A-530 — Lessor's Incidental Damages.
Section 336.2A-531 — Standing To Sue Third Parties For Injury To Goods.
Section 336.3-101 — Short Title.
Section 336.3-102 — Subject Matter.
Section 336.3-103 — Definitions.
Section 336.3-104 — Negotiable Instrument.
Section 336.3-105 — Issue Of Instrument.
Section 336.3-106 — Unconditional Promise Or Order.
Section 336.3-107 — Instrument Payable In Foreign Money.
Section 336.3-108 — Payable On Demand Or At Definite Time.
Section 336.3-109 — Payable To Bearer Or To Order.
Section 336.3-110 — Identification Of Person To Whom Instrument Is Payable.
Section 336.3-111 — Place Of Payment.
Section 336.3-113 — Date Of Instrument.
Section 336.3-114 — Contradictory Terms Of Instrument.
Section 336.3-115 — Incomplete Instrument.
Section 336.3-116 — Joint And Several Liability; Contribution.
Section 336.3-117 — Other Agreements Affecting Instrument.
Section 336.3-118 — Statute Of Limitations.
Section 336.3-119 — Notice Of Right To Defend Action.
Section 336.3-201 — Negotiation.
Section 336.3-202 — Negotiation Subject To Rescission.
Section 336.3-203 — Transfer Of Instrument; Rights Acquired By Transfer.
Section 336.3-204 — Endorsement.
Section 336.3-205 — Special Endorsement; Blank Endorsement; Anomalous Endorsement.
Section 336.3-206 — Restrictive Endorsement.
Section 336.3-207 — Reacquisition.
Section 336.3-301 — Person Entitled To Enforce Instrument.
Section 336.3-302 — Holder In Due Course.
Section 336.3-303 — Value And Consideration.
Section 336.3-304 — Overdue Instrument.
Section 336.3-305 — Defenses And Claims In Recoupment.
Section 336.3-306 — Claims To An Instrument.
Section 336.3-307 — Notice Of Breach Of Fiduciary Duty.
Section 336.3-308 — Proof Of Signatures And Status As Holder In Due Course.
Section 336.3-309 — Enforcement Of Lost, Destroyed, Or Stolen Instrument.
Section 336.3-310 — Effect Of Instrument On Obligation For Which Taken.
Section 336.3-311 — Accord And Satisfaction By Use Of Instrument.
Section 336.3-312 — Lost, Destroyed, Or Stolen Cashier's Check, Teller's Check, Or Certified Check.
Section 336.3-401 — Signature.
Section 336.3-402 — Signature By Representative.
Section 336.3-403 — Unauthorized Signature.
Section 336.3-404 — Impostors; Fictitious Payees.
Section 336.3-405 — Employer's Responsibility For Fraudulent Endorsement By Employee.
Section 336.3-406 — Negligence Contributing To Forged Signature Or Alteration Of Instrument.
Section 336.3-407 — Alteration.
Section 336.3-408 — Drawee Not Liable On Unaccepted Draft.
Section 336.3-409 — Acceptance Of Draft; Certified Check.
Section 336.3-410 — Acceptance Varying Draft.
Section 336.3-411 — Refusal To Pay Cashier's Checks, Teller's Checks, And Certified Checks.
Section 336.3-412 — Obligation Of Issuer Of Note Or Cashier's Check.
Section 336.3-413 — Obligation Of Acceptor.
Section 336.3-414 — Obligation Of Drawer.
Section 336.3-415 — Obligation Of Endorser.
Section 336.3-416 — Transfer Warranties.
Section 336.3-417 — Presentment Warranties.
Section 336.3-418 — Payment Or Acceptance By Mistake.
Section 336.3-419 — Instruments Signed For Accommodation.
Section 336.3-420 — Conversion Of Instrument.
Section 336.3-501 — Presentment.
Section 336.3-503 — Notice Of Dishonor.
Section 336.3-504 — Excused Presentment And Notice Of Dishonor.
Section 336.3-505 — Evidence Of Dishonor.
Section 336.3-601 — Discharge And Effect Of Discharge.
Section 336.3-603 — Tender Of Payment.
Section 336.3-604 — Discharge By Cancellation Or Renunciation.
Section 336.3-605 — Discharge Of Secondary Obligors.
Section 336.4-101 — Short Title.
Section 336.4-102 — Applicability.
Section 336.4-103 — Variation By Agreement; Measure Of Damages; Action Constituting Ordinary Care.
Section 336.4-104 — Definitions And Index Of Definitions.
Section 336.4-106 — Payable Through Or Payable At Bank; Collecting Bank.
Section 336.4-107 — Separate Office Of Bank.
Section 336.4-108 — Time Of Receipt Of Items.
Section 336.4-110 — Electronic Presentment.
Section 336.4-111 — Statute Of Limitations.
Section 336.4-202 — Responsibility For Collection Or Return; When Action Timely.
Section 336.4-203 — Effect Of Instructions.
Section 336.4-204 — Methods Of Sending And Presenting; Sending Directly To Payor Bank.
Section 336.4-205 — Depositary Bank Holder Of Unendorsed Item.
Section 336.4-206 — Transfer Between Banks.
Section 336.4-207 — Transfer Warranties.
Section 336.4-208 — Presentment Warranties.
Section 336.4-209 — Encoding And Retention Warranties.
Section 336.4-211 — When Bank Gives Value For Purposes Of Holder In Due Course.
Section 336.4-213 — Medium And Time Of Settlement By Bank.
Section 336.4-214 — Right Of Chargeback Or Refund; Liability Of Collecting Bank; Return Of Item.
Section 336.4-216 — Insolvency And Preference.
Section 336.4-302 — Payor Bank's Responsibility For Late Return Of Item.
Section 336.4-401 — When Bank May Charge Customer's Account.
Section 336.4-403 — Customer's Right To Stop Payment; Burden Of Proof Of Loss.
Section 336.4-404 — Bank Not Obliged To Pay Check More Than Six Months Old.
Section 336.4-405 — Death Or Incompetence Of Customer.
Section 336.4-406 — Customer's Duty To Discover And Report Unauthorized Signature Or Alteration.
Section 336.4-407 — Payor Bank's Right To Subrogation On Improper Payment.
Section 336.4-502 — Presentment Of "on Arrival" Drafts.
Section 336.4-504 — Privilege Of Presenting Bank To Deal With Goods; Security Interest For Expenses.
Section 336.4A-101 — Short Title.
Section 336.4A-102 — Subject Matter.
Section 336.4A-103 — Payment Order-definitions.
Section 336.4A-104 — Funds Transfer-definitions.
Section 336.4A-105 — Other Definitions.
Section 336.4A-106 — Time Payment Order Is Received.
Section 336.4A-107 — Federal Reserve Regulations And Operating Circulars.
Section 336.4A-108 — Relationship To Electronic Fund Transfer Act.
Section 336.4A-201 — Security Procedure.
Section 336.4A-202 — Authorized And Verified Payment Orders.
Section 336.4A-203 — Unenforceability Of Certain Verified Payment Orders.
Section 336.4A-205 — Erroneous Payment Orders.
Section 336.4A-207 — Misdescription Of Beneficiary.
Section 336.4A-208 — Misdescription Of Intermediary Bank Or Beneficiary's Bank.
Section 336.4A-209 — Acceptance Of Payment Order.
Section 336.4A-210 — Rejection Of Payment Order.
Section 336.4A-211 — Cancellation And Amendment Of Payment Order.
Section 336.4A-212 — Liability And Duty Of Receiving Bank Regarding Unaccepted Payment Order.
Section 336.4A-301 — Execution And Execution Date.
Section 336.4A-302 — Obligations Of Receiving Bank In Execution Of Payment Order.
Section 336.4A-303 — Erroneous Execution Of Payment Order.
Section 336.4A-304 — Duty Of Sender To Report Erroneously Executed Payment Order.
Section 336.4A-305 — Liability For Late Or Improper Execution Or Failure To Execute Payment Order.
Section 336.4A-401 — Payment Date.
Section 336.4A-402 — Obligation Of Sender To Pay Receiving Bank.
Section 336.4A-403 — Payment By Sender To Receiving Bank.
Section 336.4A-404 — Obligation Of Beneficiary's Bank To Pay And Give Notice To Beneficiary.
Section 336.4A-405 — Payment By Beneficiary's Bank To Beneficiary.
Section 336.4A-406 — Payment By Originator To Beneficiary; Discharge Of Underlying Obligation.
Section 336.4A-501 — Variation By Agreement And Effect Of Funds-transfer System Rule.
Section 336.4A-502 — Creditor Process Served On Receiving Bank; Setoff By Beneficiary's Bank.
Section 336.4A-503 — Injunction Or Restraining Order With Respect To Funds Transfer.
Section 336.4A-505 — Preclusion Of Objection To Debit Of Customer's Account.
Section 336.4A-506 — Rate Of Interest.
Section 336.4A-507 — Choice Of Law.
Section 336.5-101 — Short Title.
Section 336.5-102 — Definitions.
Section 336.5-104 — Formal Requirements.
Section 336.5-105 — Consideration.
Section 336.5-106 — Issuance, Amendment, Cancellation, And Duration.
Section 336.5-107 — Confirmer, Nominated Person, And Adviser.
Section 336.5-108 — Issuer's Rights And Obligations.
Section 336.5-109 — Fraud And Forgery.
Section 336.5-110 — Warranties.
Section 336.5-112 — Transfer Of Letter Of Credit.
Section 336.5-113 — Transfer By Operation Of Law.
Section 336.5-114 — Assignment Of Proceeds.
Section 336.5-115 — Statute Of Limitations.
Section 336.5-116 — Choice Of Law And Forum.
Section 336.5-117 — Subrogation Of Issuer, Applicant, And Nominated Person.
Section 336.5-118 — Security Interest Of Issuer Or Nominated Person.
Section 336.7-101 — Short Title.
Section 336.7-102 — Definitions And Index Of Definitions.
Section 336.7-103 — Relation Of Article To Treaty Or Statute.
Section 336.7-104 — Negotiable And Nonnegotiable Document Of Title.
Section 336.7-105 — Reissuance In Alternative Medium.
Section 336.7-106 — Control Of Electronic Document Of Title.
Section 336.7-201 — Person That May Issue A Warehouse Receipt; Storage Under Bond.
Section 336.7-202 — Form Of Warehouse Receipt; Effect Of Omission.
Section 336.7-203 — Liability For Nonreceipt Or Misdescription.
Section 336.7-204 — Duty Of Care; Contractual Limitation Of Warehouse's Liability.
Section 336.7-205 — Title Under Warehouse Receipt Defeated In Certain Cases.
Section 336.7-206 — Termination Of Storage At Warehouse's Option.
Section 336.7-207 — Goods Must Be Kept Separate; Fungible Goods.
Section 336.7-208 — Altered Warehouse Receipts.
Section 336.7-209 — Lien Of Warehouse.
Section 336.7-210 — Enforcement Of Warehouse's Lien.
Section 336.7-302 — Through Bills Of Lading And Similar Documents Of Title.
Section 336.7-303 — Diversion; Reconsignment; Change Of Instructions.
Section 336.7-304 — Tangible Bills Of Lading In A Set.
Section 336.7-305 — Destination Bills.
Section 336.7-306 — Altered Bills Of Lading.
Section 336.7-307 — Lien Of Carrier.
Section 336.7-308 — Enforcement Of Carrier's Lien.
Section 336.7-309 — Duty Of Care; Contractual Limitation Of Carrier's Liability.
Section 336.7-401 — Irregularities In Issue Of Receipt Or Bill Or Conduct Of Issuer.
Section 336.7-402 — Duplicate Document Of Title; Overissue.
Section 336.7-403 — Obligation Of Bailee To Deliver; Excuse.
Section 336.7-404 — No Liability For Good Faith Delivery Pursuant To Document Of Title.
Section 336.7-501 — Form Of Negotiation And Requirements Of Due Negotiation.
Section 336.7-502 — Rights Acquired By Due Negotiation.
Section 336.7-503 — Document Of Title To Goods Defeated In Certain Cases.
Section 336.7-505 — Indorser Not Guarantor For Other Parties.
Section 336.7-506 — Delivery Without Indorsement: Right To Compel Indorsement.
Section 336.7-507 — Warranties On Negotiation Or Delivery Of Document Of Title.
Section 336.7-508 — Warranties Of Collecting Bank As To Documents Of Title.
Section 336.7-509 — Adequate Compliance With Commercial Contract.
Section 336.7-601 — Lost, Stolen, Or Destroyed Documents Of Title.
Section 336.7-602 — Judicial Process Against Goods Covered By Negotiable Document Of Title.
Section 336.7-603 — Conflicting Claims; Interpleader.
Section 336.7-703 — Applicability.
Section 336.7-704 — Savings Clause.
Section 336.8-101 — Short Title.
Section 336.8-102 — Definitions.
Section 336.8-104 — Acquisition Of Security Or Financial Asset Or Interest Therein.
Section 336.8-105 — Notice Of Adverse Claim.
Section 336.8-107 — Whether Endorsement, Instruction, Or Entitlement Order Is Effective.
Section 336.8-108 — Warranties In Direct Holding.
Section 336.8-109 — Warranties In Indirect Holding.
Section 336.8-110 — Applicability; Choice Of Law.
Section 336.8-111 — Clearing Corporation Rules.
Section 336.8-112 — Creditor's Legal Process.
Section 336.8-113 — Statute Of Frauds Inapplicable.
Section 336.8-114 — Evidentiary Rules Concerning Certificated Securities.
Section 336.8-115 — Securities Intermediary And Others Not Liable To Adverse Claimant.
Section 336.8-116 — Securities Intermediary As Purchaser For Value.
Section 336.8-202 — Issuer's Responsibility And Defenses; Notice Of Defect Or Defense.
Section 336.8-203 — Staleness As Notice Of Defect Or Defense.
Section 336.8-204 — Effect Of Issuer's Restriction On Transfer.
Section 336.8-205 — Effect Of Unauthorized Signature On Security Certificate.
Section 336.8-206 — Completion Or Alteration Of Security Certificate.
Section 336.8-207 — Rights And Duties Of Issuer With Respect To Registered Owners.
Section 336.8-208 — Effect Of Signature Of Authenticating Trustee, Registrar, Or Transfer Agent.
Section 336.8-209 — Issuer's Lien.
Section 336.8-210 — Overissue.
Section 336.8-302 — Rights Of Purchaser.
Section 336.8-303 — Protected Purchaser.
Section 336.8-304 — Endorsement.
Section 336.8-305 — Instruction.
Section 336.8-306 — Effect Of Guaranteeing Signature, Endorsement, Or Instruction.
Section 336.8-307 — Purchaser's Right To Requisites For Registration Of Transfer.
Section 336.8-401 — Duty Of Issuer To Register Transfer.
Section 336.8-402 — Assurance That Endorsement Or Instruction Is Effective.
Section 336.8-403 — Demand That Issuer Not Register Transfer.
Section 336.8-404 — Wrongful Registration.
Section 336.8-405 — Replacement Of Lost, Destroyed, Or Wrongfully Taken Security Certificate.
Section 336.8-407 — Authenticating Trustee, Transfer Agent, And Registrar.
Section 336.8-502 — Assertion Of Adverse Claim Against Entitlement Holder.
Section 336.8-504 — Duty Of Securities Intermediary To Maintain Financial Asset.
Section 336.8-505 — Duty Of Securities Intermediary With Respect To Payments And Distributions.
Section 336.8-507 — Duty Of Securities Intermediary To Comply With Entitlement Order.
Section 336.8-510 — Rights Of Purchaser Of Security Entitlement From Entitlement Holder.
Section 336.8-511 — Priority Among Security Interests And Entitlement Holders.
Section 336.8-601 — Effective Date.
Section 336.8-603 — Savings Clause.
Section 336.9-101 — Short Title.
Section 336.9-102 — Definitions And Index Of Definitions.
Section 336.9-104 — Control Of Deposit Account.
Section 336.9-105 — Control Of Electronic Chattel Paper.
Section 336.9-106 — Control Of Investment Property.
Section 336.9-107 — Control Of Letter Of Credit Right.
Section 336.9-108 — Sufficiency Of Description.
Section 336.9-110 — Security Interests Arising Under Article 2 Or 2a.
Section 336.9-201 — General Effectiveness Of Security Agreement.
Section 336.9-202 — Title To Collateral Immaterial.
Section 336.9-204 — After-acquired Property; Future Advances.
Section 336.9-205 — Use Or Disposition Of Collateral Permissible.
Section 336.9-206 — Security Interest Arising In Purchase Or Delivery Of Financial Asset.
Section 336.9-207 — Rights And Duties Of Secured Party Having Possession Or Control Of Collateral.
Section 336.9-208 — Additional Duties Of Secured Party Having Control Of Collateral.
Section 336.9-209 — Duties Of Secured Party If Account Debtor Has Been Notified Of Assignment.
Section 336.9-301 — Law Governing Perfection And Priority Of Security Interests.
Section 336.9-302 — Law Governing Perfection And Priority Of Agricultural Liens.
Section 336.9-304 — Law Governing Perfection And Priority Of Security Interests In Deposit Accounts.
Section 336.9-307 — Location Of Debtor.
Section 336.9-309 — Security Interest Perfected Upon Attachment.
Section 336.9-314 — Perfection By Control.
Section 336.9-315 — Secured Party's Rights On Disposition Of Collateral And In Proceeds.
Section 336.9-316 — Effect Of Change In Governing Law.
Section 336.9-319 — Rights And Title Of Consignee With Respect To Creditors And Purchasers.
Section 336.9-320 — Buyer Of Goods.
Section 336.9-323 — Future Advances.
Section 336.9-324 — Priority Of Purchase-money Security Interests.
Section 336.9-325 — Priority Of Security Interests In Transferred Collateral.
Section 336.9-326 — Priority Of Security Interests Created By New Debtor.
Section 336.9-327 — Priority Of Security Interests In Deposit Account.
Section 336.9-328 — Priority Of Security Interests In Investment Property.
Section 336.9-329 — Priority Of Security Interests In Letter Of Credit Right.
Section 336.9-330 — Priority Of Purchaser Of Chattel Paper Or Instrument.
Section 336.9-332 — Transfer Of Money; Transfer Of Funds From Deposit Account.
Section 336.9-333 — Priority Of Certain Liens Arising By Operation Of Law.
Section 336.9-334 — Priority Of Security Interests In Fixtures And Crops.
Section 336.9-335 — Accessions.
Section 336.9-336 — Commingled Goods.
Section 336.9-337 — Priority Of Security Interests In Goods Covered By Certificate Of Title.
Section 336.9-339 — Priority Subject To Subordination.
Section 336.9-340 — Effectiveness Of Right Of Recoupment Or Setoff Against Deposit Account.
Section 336.9-341 — Bank's Rights And Duties With Respect To Deposit Account.
Section 336.9-342 — Bank's Right To Refuse To Enter Into Or Disclose Existence Of Control Agreement.
Section 336.9-401 — Alienability Of Debtor's Rights.
Section 336.9-402 — Secured Party Not Obligated On Contract Of Debtor Or In Tort.
Section 336.9-403 — Agreement Not To Assert Defenses Against Assignee.
Section 336.9-404 — Rights Acquired By Assignee; Claims And Defenses Against Assignee.
Section 336.9-405 — Modification Of Assigned Contract.
Section 336.9-409 — Restrictions On Assignment Of Letter Of Credit Rights Ineffective.
Section 336.9-501 — Filing Office.
Section 336.9-503 — Name Of Debtor And Secured Party.
Section 336.9-504 — Indication Of Collateral.
Section 336.9-506 — Effect Of Errors Or Omissions.
Section 336.9-507 — Effect Of Certain Events On Effectiveness Of Financing Statement.
Section 336.9-509 — Persons Entitled To File A Record.
Section 336.9-510 — Effectiveness Of Filed Record.
Section 336.9-511 — Secured Party Of Record.
Section 336.9-512 — Amendment Of Financing Statement.
Section 336.9-513 — Termination Statement.
Section 336.9-5135 — Termination Of Wrongfully Filed Financing Statement; Reinstatement.
Section 336.9-514 — Assignment Of Powers Of Secured Party Of Record.
Section 336.9-516 — What Constitutes Filing; Effectiveness Of Filing.
Section 336.9-517 — Effect Of Indexing Errors.
Section 336.9-518 — Claim Concerning Inaccurate Or Wrongfully Filed Record.
Section 336.9-520 — Acceptance And Refusal To Accept Record.
Section 336.9-521 — Uniform Form Of Written Financing Statement And Amendment.
Section 336.9-522 — Maintenance And Destruction Of Records.
Section 336.9-523 — Information From Filing Office; Sale Or License Of Records.
Section 336.9-524 — Delay By Filing Office.
Section 336.9-526 — Duty To Report.
Section 336.9-527 — Satellite Offices Authorized.
Section 336.9-528 — Filing; Assignment Of Filing Information At Satellite Offices.
Section 336.9-529 — Maintenance And Retrieval Of Documents And Data.
Section 336.9-530 — Satellite Offices; Uniformity Of Services Assured.
Section 336.9-531 — Electronic Access; Liability; Retention.
Section 336.9-602 — Waiver And Variance Of Rights And Duties.
Section 336.9-603 — Agreement On Standards Concerning Rights And Duties.
Section 336.9-604 — Procedure If Security Agreement Covers Real Property Or Fixtures.
Section 336.9-605 — Unknown Debtor Or Secondary Obligor.
Section 336.9-606 — Time Of Default For Agricultural Lien.
Section 336.9-607 — Collection And Enforcement By Secured Party.
Section 336.9-609 — Secured Party's Right To Take Possession After Default.
Section 336.9-610 — Disposition Of Collateral After Default.
Section 336.9-611 — Notification Before Disposition Of Collateral.
Section 336.9-612 — Timeliness Of Notification Before Disposition Of Collateral.
Section 336.9-613 — Contents And Form Of Notification Before Disposition Of Collateral: General.
Section 336.9-616 — Explanation Of Calculation Of Surplus Or Deficiency.
Section 336.9-617 — Rights Of Transferee Of Collateral.
Section 336.9-618 — Rights And Duties Of Certain Secondary Obligors.
Section 336.9-619 — Transfer Of Record Or Legal Title.
Section 336.9-621 — Notification Of Proposal To Accept Collateral.
Section 336.9-622 — Effect Of Acceptance Of Collateral.
Section 336.9-623 — Right To Redeem Collateral.
Section 336.9-625 — Remedies For Secured Party's Failure To Comply With Article.
Section 336.9-626 — Action In Which Deficiency Or Surplus Is In Issue.
Section 336.9-627 — Determination Of Whether Conduct Was Commercially Reasonable.
Section 336.9-701 — Effective Date.
Section 336.9-702 — Savings Clause.
Section 336.9-703 — Security Interest Perfected Before Effective Date.
Section 336.9-704 — Security Interest Unperfected Before Effective Date.
Section 336.9-705 — Effectiveness Of Action Taken Before Effective Date.
Section 336.9-707 — Amendment Of Pre-effective Date Financing Statement.
Section 336.9-708 — Persons Entitled To File Initial Financing Statement Or Continuation Statement.
Section 336.9-801 — Effective Date.
Section 336.9-802 — Savings Clause.
Section 336.9-803 — Security Interest Perfected Before Effective Date.
Section 336.9-804 — Security Interest Unperfected Before Effective Date.
Section 336.9-805 — Effectiveness Of Action Taken Before Effective Date.
Section 336.9-807 — Amendment Of Pre-effective Date Financing Statement.
Section 336.9-808 — Person Entitled To File Initial Financing Statement Or Continuation Statement.
Section 336.10-102 — Laws Repealed; Provision For Transition.