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CHAPTER 490 - UNIFORM COMMERCIAL CODE

• §490:1-101 to 490 - 1-208 REPEALED.
• §490:1-102 - Scope of article.
• §490:1-103 - Construction of chapter to promote its purposes and policies; applicability of supplemental principles of law.
• §490:1-104 - Construction against implied repeal.
• §490:1-105 - Severability.
• §490:1-106 - Use of singular and plural; gender.
• §490:1-107 - Section captions.
• §490:1-108 - Relation to Electronic Signatures in Global and National Commerce Act.
• §490:1-201 - General definitions.
• §490:1-202 - Notice; knowledge.
• §490:1-203 - Lease distinguished from security interest.
• §490:1-204 - Value.
• §490:1-205 - Reasonable time; seasonableness.
• §490:1-206 - Presumptions.
• §490:1-301 - Territorial applicability; parties' power to choose applicable law.
• §490:1-302 - Variation by agreement.
• §490:1-303 - Course of performance, course of dealing, and usage of trade.
• §490:1-304 - Obligation of good faith.
• §490:1-305 - Remedies to be liberally administered.
• §490:1-306 - Waiver or renunciation of claim or right after breach.
• §490:1-307 - Prima facie evidence by third-party documents.
• §490:1-308 - Performance or acceptance under reservation of rights.
• §490:1-309 - Option to accelerate at will.
• §490:1-310 - Subordinated obligations.
• §490:2-101 - Short title.
• §490:2-102 - Scope; certain security and other transactions excluded from this article.
• §490:2-103 - Definitions and index of definitions.
• §490:2-104 - Definitions: "merchant"; "between merchants"; "financing agency".
• §490:2-105 - Definitions: transferability; "goods"; "future" goods; "lot"; "commercial unit".
• §490:2-106 - Definitions: "contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "conforming" to contract; "termination&
• §490:2-107 - Goods to be severed from realty: recording.
• §490:2-201 - Formal requirements; statute of frauds.
• §490:2-202 - Final written expression: parol or extrinsic evidence.
• §490:2-203 - Seals inoperative.
• §490:2-204 - Formation in general.
• §490:2-205 - Firm offers.
• §490:2-206 - Offer and acceptance in formation of contract.
• §490:2-207 - Additional terms in acceptance or confirmation.
• §490:2-208 - REPEALED.
• §490:2-209 - Modification, rescission and waiver.
• §490:2-210 - Delegation of performance; assignment of rights.
• §490:2-301 - General obligation of parties.
• §490:2-302 - Unconscionable contract or clause.
• §490:2-303 - Allocation or division of risks.
• §490:2-304 - Price payable in money, goods, realty or otherwise.
• §490:2-305 - Open price term.
• §490:2-306 - Output, requirements and exclusive dealings.
• §490:2-307 - Delivery in single lot or several lots.
• §490:2-308 - Absence of specified place for delivery.
• §490:2-309 - Absence of specific time provisions; notice of termination.
• §490:2-310 - Open time for payment or running of credit; authority to ship under reservation.
• §490:2-311 - Options and cooperation respecting performance.
• §490:2-312 - Warranty of title and against infringement; buyer's obligation against infringement.
• §490:2-313 - Express warranties by affirmation, promise, description, sample.
• §490:2-313 - .
• §490:2-314 - Implied warranty: merchantability; usage of trade.
• §490:2-315 - Implied warranty: fitness for particular purpose.
• §490:2-316 - Exclusion or modification of warranties.
• §490:2-317 - Cumulation and conflict of warranties express or implied.
• §490:2-318 - Third party beneficiaries of warranties express or implied.
• §490:2-319 - F.
• §490:2-320 - C.
• §490:2-321 - C.
• §490:2-322 - Delivery "ex-ship".
• §490:2-323 - Form of bill of lading required in overseas shipment; "overseas".
• §490:2-324 - quot;No arrival, no sale" term.
• §490:2-325 - quot;Letter of credit" term; "confirmed credit".
• §490:2-326 - Sale on approval and sale or return; rights of creditors.
• §490:2-327 - Special incidents of sale on approval and sale or return.
• §490:2-328 - Sale by auction.
• §490:2-401 - Passing of title; reservation for security; limited application of this section.
• §490:2-402 - Rights of seller's creditors against sold goods.
• §490:2-403 - Power to transfer; good faith purchase of goods; "entrusting".
• §490:2-501 - Insurable interest in goods; manner of identification of goods.
• §490:2-502 - Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.
• §490:2-503 - Manner of seller's tender of delivery.
• §490:2-504 - Shipment by seller.
• §490:2-505 - Seller's shipment under reservation.
• §490:2-506 - Rights of financing agency.
• §490:2-507 - Effect of seller's tender; delivery on condition.
• §490:2-508 - Cure by seller of improper tender or delivery; replacement.
• §490:2-509 - Risk of loss in the absence of breach.
• §490:2-510 - Effect of breach on risk of loss.
• §490:2-511 - Tender of payment by buyer; payment by check.
• §490:2-512 - Payment by buyer before inspection.
• §490:2-513 - Buyer's right to inspection of goods.
• §490:2-514 - When documents deliverable on acceptance; when on payment.
• §490:2-515 - Preserving evidence of goods in dispute.
• §490:2-601 - Buyer's rights on improper delivery.
• §490:2-602 - Manner and effect of rightful rejection.
• §490:2-603 - Merchant buyer's duties as to rightfully rejected goods.
• §490:2-604 - Buyer's options as to salvage of rightfully rejected goods.
• §490:2-605 - Waiver of buyer's objections by failure to particularize.
• §490:2-606 - What constitutes acceptance of goods.
• §490:2-607 - Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.
• §490:2-608 - Revocation of acceptance in whole or in part.
• §490:2-609 - Right to adequate assurance of performance.
• §490:2-610 - Anticipatory repudiation.
• §490:2-611 - Retraction of anticipatory repudiation.
• §490:2-612 - quot;Installment contract"; breach.
• §490:2-613 - Casualty to identified goods.
• §490:2-614 - Substituted performance.
• §490:2-615 - Excuse by failure of presupposed conditions.
• §490:2-616 - Procedure on notice claiming excuse.
• §490:2-701 - Remedies for breach of collateral contracts not impaired.
• §490:2-702 - Seller's remedies on discovery of buyer's insolvency.
• §490:2-703 - Seller's remedies in general.
• §490:2-704 - Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.
• §490:2-705 - Seller's stoppage of delivery in transit or otherwise.
• §490:2-706 - Seller's resale including contract for resale.
• §490:2-707 - quot;Person in the position of a seller".
• §490:2-708 - Seller's damages for nonacceptance or repudiation.
• §490:2-709 - Action for the price.
• §490:2-710 - Seller's incidental damages.
• §490:2-711 - Buyer's remedies in general; buyer's security interest in rejected goods.
• §490:2-712 - quot;Cover"; buyer's procurement of substitute goods.
• §490:2-713 - Buyer's damages for nondelivery or repudiation.
• §490:2-714 - Buyer's damages for breach in regard to accepted goods.
• §490:2-715 - Buyer's incidental and consequential damages.
• §490:2-716 - Buyer's right to specific performance or replevin.
• §490:2-717 - Deduction of damages from the price.
• §490:2-718 - Liquidation or limitation of damages; deposits.
• §490:2-719 - Contractual modification or limitation of remedy.
• §490:2-720 - Effect of "cancellation" or "rescission" on claims for antecedent breach.
• §490:2-721 - Remedies for fraud.
• §490:2-722 - Who can sue third parties for injury to goods.
• §490:2-723 - Proof of market price; time and place.
• §490:2-724 - Admissibility of market quotations.
• §490:2-725 - Statute of limitations in contracts for sale.
• §490:2A-101 - Short title.
• §490:2A-102 - Scope.
• §490:2A-103 - Definitions and index of definitions.
• §490:2A-104 - Leases subject to other law.
• §490:2A-105 - Territorial application of article to goods covered by certificate of title.
• §490:2A-106 - Limitation on power of parties to consumer lease to choose applicable law and judicial forum.
• §490:2A-107 - Waiver or renunciation of claim or right after default.
• §490:2A-108 - Unconscionability.
• §490:2A-109 - Option to accelerate at will.
• §490:2A-201 - Statute of frauds.
• §490:2A-202 - Final written expression: parol or extrinsic evidence.
• §490:2A-203 - Seals inoperative.
• §490:2A-204 - Formation in general.
• §490:2A-205 - Firm offers.
• §490:2A-206 - Offer and acceptance in formation of lease contract.
• §490:2A-207 - REPEALED.
• §490:2A-208 - Modification, rescission and waiver.
• §490:2A-209 - Lessee under finance lease as beneficiary of supply contract.
• §490:2A-210 - Express warranties.
• §490:2A-211 - Warranties against interference and against infringement; lessee's obligation against infringement.
• §490:2A-212 - Implied warranty of merchantability.
• §490:2A-213 - Implied warranty of fitness for particular purpose.
• §490:2A-214 - Exclusion or modification of warranties.
• §490:2A-215 - Cumulation and conflict of warranties express or implied.
• §490:2A-216 - Third-party beneficiaries of express and implied warranties.
• §490:2A-217 - Identification.
• §490:2A-218 - Insurance and proceeds.
• §490:2A-219 - Risk of loss.
• §490:2A-220 - Effect of default on risk of loss.
• §490:2A-221 - Casualty to identified goods.
• §490:2A-301 - Enforceability of lease contract.
• §490:2A-302 - Title to and possession of goods.
• §490:2A-303 - Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.
• §490:2A-304 - Subsequent lease of goods by lessor.
• §490:2A-305 - Sale or sublease of goods by lessee.
• §490:2A-306 - Priority of certain liens arising by operation of law.
• §490:2A-307 - Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.
• §490:2A-308 - Special rights of creditors.
• §490:2A-309 - Lessor's and lessee's rights when goods become fixtures.
• §490:2A-310 - Lessor's and lessee's rights when goods become accessions.
• §490:2A-311 - Priority subject to subordination.
• §490:2A-401 - Insecurity: adequate assurance of performance.
• §490:2A-402 - Anticipatory repudiation.
• §490:2A-403 - Retraction of anticipatory repudiation.
• §490:2A-404 - Substituted performance.
• §490:2A-405 - Excused performance.
• §490:2A-406 - Procedure on excused performance.
• §490:2A-407 - Irrevocable promises: finance leases.
• §490:2A-501 - Default: procedure.
• §490:2A-502 - Notice after default.
• §490:2A-503 - Modification or impairment of rights and remedies.
• §490:2A-504 - Liquidation of damages.
• §490:2A-505 - Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.
• §490:2A-506 - Statute of limitations.
• §490:2A-507 - Proof of market rent: time and place.
• §490:2A-508 - Lessee's remedies.
• §490:2A-509 - Lessee's rights on improper delivery; rightful rejection.
• §490:2A-510 - Installment lease contracts: rejection and default.
• §490:2A-511 - Merchant lessee's duties as to rightfully rejected goods.
• §490:2A-512 - Lessee's duties as to rightfully rejected goods.
• §490:2A-513 - Cure by lessor of improper tender or delivery; replacement.
• §490:2A-514 - Waiver of lessee's objections.
• §490:2A-515 - Acceptance of goods.
• §490:2A-516 - Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.
• §490:2A-517 - Revocation of acceptance of goods.
• §490:2A-518 - Cover; substitute goods.
• §490:2A-519 - Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods.
• §490:2A-520 - Lessee's incidental and consequential damages.
• §490:2A-521 - Lessee's right to specific performance or replevin.
• §490:2A-522 - Lessee's right to goods on lessor's insolvency.
• §490:2A-523 - Lessor's remedies.
• §490:2A-524 - Lessor's right to identify goods to lease contract.
• §490:2A-525 - Lessor's right to possession of goods.
• §490:2A-526 - Lessor's stoppage of delivery in transit or otherwise.
• §490:2A-527 - Lessor's rights to dispose of goods.
• §490:2A-528 - Lessor's damages for nonacceptance, failure to pay, repudiation, or other default.
• §490:2A-529 - Lessor's action for the rent.
• §490:2A-530 - Lessor's incidental damages.
• §490:2A-531 - Standing to sue third parties for injury to goods.
• §490:2A-532 - Lessor's rights to residual interest.
• §490:3-101 - Short title.
• §490:3-102 - Subject matter.
• §490:3-103 - Definitions.
• §490:3-104 - Negotiable instrument.
• §490:3-105 - Issue of instrument.
• §490:3-106 - Unconditional promise or order.
• §490:3-107 - Instrument payable in foreign money.
• §490:3-108 - Payable on demand or at definite time.
• §490:3-109 - Payable to bearer or to order.
• §490:3-110 - Identification of person to whom instrument is payable.
• §490:3-111 - Place of payment.
• §490:3-112 - Interest.
• §490:3-113 - Date of instrument.
• §490:3-114 - Contradictory terms of instrument.
• §490:3-115 - Incomplete instrument.
• §490:3-116 - Joint and several liability; contribution.
• §490:3-117 - Other agreements affecting instrument.
• §490:3-118 - Statute of limitations.
• §490:3-119 - Notice of right to defend action.
• §490:3-201 - Negotiation.
• §490:3-202 - Negotiation subject to rescission.
• §490:3-203 - Transfer of instrument; rights acquired by transfer.
• §490:3-204 - Indorsement.
• §490:3-205 - Special indorsement; blank indorsement; anomalous indorsement.
• §490:3-206 - Restrictive indorsement.
• §490:3-207 - Reacquisition.
• §490:3-301 - Person entitled to enforce instrument.
• §490:3-302 - Holder in due course.
• §490:3-303 - Value and consideration.
• §490:3-304 - Overdue instrument.
• §490:3-305 - Defenses and claims in recoupment.
• §490:3-306 - Claims to an instrument.
• §490:3-307 - Notice of breach of fiduciary duty.
• §490:3-308 - Proof of signatures and status as holder in due course.
• §490:3-309 - Enforcement of lost, destroyed, or stolen instrument.
• §490:3-310 - Effect of instrument on obligation for which taken.
• §490:3-311 - Accord and satisfaction by use of instrument.
• §490:3-312 - Lost, destroyed, or stolen cashier's check, teller's check, or certified check.
• §490:3-401 - Signature.
• §490:3-402 - Signature by representative.
• §490:3-403 - Unauthorized signature.
• §490:3-404 - Impostors; fictitious payees.
• §490:3-405 - Employer responsibility for fraudulent indorsement by employee.
• §490:3-406 - Negligence contributing to forged signature or alteration of instrument.
• §490:3-407 - Alteration.
• §490:3-408 - Drawee not liable on unaccepted draft.
• §490:3-409 - Acceptance of draft; certified check.
• §490:3-410 - Acceptance varying draft.
• §490:3-411 - Refusal to pay cashier's checks, teller's checks, and certified checks.
• §490:3-412 - Obligation of issuer of note or cashier's check.
• §490:3-413 - Obligation of acceptor.
• §490:3-414 - Obligation of drawer.
• §490:3-415 - Obligation of indorser.
• §490:3-416 - Transfer warranties.
• §490:3-417 - Presentment warranties.
• §490:3-418 - Payment or acceptance by mistake.
• §490:3-419 - Instruments signed for accommodation.
• §490:3-420 - Conversion of instrument.
• §490:3-501 - Presentment.
• §490:3-502 - Dishonor.
• §490:3-503 - Notice of dishonor.
• §490:3-504 - Excused presentment and notice of dishonor.
• §490:3-505 - Evidence of dishonor.
• §490:3-506 - Dishonored check; action for treble damages; procedures.
• §490:3-506.5 - Charges for dishonored checks.
• §490:3-601 - Discharge and effect of discharge.
• §490:3-602 - Payment.
• §490:3-603 - Tender of payment.
• §490:3-604 - Discharge by cancellation or renunciation.
• §490:3-605 - Discharge of indorsers and accommodation parties.
• §490:4-101 - Short title.
• §490:4-102 - Applicability.
• §490:4-103 - Variation by agreement; measure of damages; action constituting ordinary care.
• §490:4-104 - Definitions and index of definitions.
• §490:4-105 - quot;Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank".
• §490:4-106 - Payable through or payable at bank; collecting bank.
• §490:4-107 - Separate office of a bank.
• §490:4-108 - Time of receipt of items.
• §490:4-109 - OLD REPEALED.
• §490:4-110 - Electronic presentment.
• §490:4-111 - Statute of limitations.
• §490:4-201 - Status of collecting bank as agent and provisional status of credits; applicability of article; item indorsed "pay any bank".
• §490:4-202 - Responsibility for collection or return; when action timely.
• §490:4-203 - Effect of instructions.
• §490:4-204 - Methods of sending and presenting; sending directly to payor bank.
• §490:4-205 - Depositary bank holder of unindorsed item.
• §490:4-206 - Transfer between banks.
• §490:4-207 - Transfer warranties.
• §490:4-208 - Presentment warranties.
• §490:4-209 - Encoding and retention warranties.
• §490:4-210 - Security interest of collecting bank in items, accompanying documents and proceeds.
• §490:4-211 - OLD REPEALED.
• §490:4-212 - Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser.
• §490:4-213 - Medium and time of settlement by bank.
• §490:4-214 - Right of charge back or refund; liability of collecting bank; return of item.
• §490:4-215 - Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.
• §490:4-216 - Insolvency and preference.
• §490:4-301 - Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.
• §490:4-302 - Payor bank's responsibility for late return of item.
• §490:4-303 - When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified.
• §490:4-401 - When bank may charge customer's account.
• §490:4-402 - Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.
• §490:4-403 - Customer's right to stop payment; burden of proof of loss.
• §490:4-404 - Bank not obligated to pay check more than six months old.
• §490:4-405 - Death or incompetence of customer.
• §490:4-406 - Customer's duty to discover and report unauthorized signature or alteration.
• §490:4-407 - Payor bank's right to subrogation on improper payment.
• §490:4-501 - Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.
• §490:4-502 - Presentment of "on arrival" drafts.
• §490:4-503 - Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.
• §490:4-504 - Privilege of presenting bank to deal with goods; security interest for expenses.
• §490:4A-101 - Short title.
• §490:4A-102 - Subject matter.
• §490:4A-103 - Payment order--definitions.
• §490:4A-104 - Funds transfer--definitions.
• §490:4A-105 - Other definitions.
• §490:4A-106 - Time payment order is received.
• §490:4A-107 - Federal reserve regulations and operating circulars.
• §490:4A-108 - Exclusion of consumer transactions governed by federal law.
• §490:4A-201 - Security procedure.
• §490:4A-202 - Authorized and verified payment orders.
• §490:4A-203 - Unenforceability of certain verified payment orders.
• §490:4A-204 - Refund of payment and duty of customer to report with respect to unauthorized payment order.
• §490:4A-205 - Erroneous payment orders.
• §490:4A-206 - Transmission of payment order through funds-transfer or other communication system.
• §490:4A-207 - Misdescription of beneficiary.
• §490:4A-208 - Misdescription of intermediary bank or beneficiary's bank.
• §490:4A-209 - Acceptance of payment order.
• §490:4A-210 - Rejection of payment order.
• §490:4A-211 - Cancellation and amendment of payment order.
• §490:4A-212 - Liability and duty of receiving bank regarding unaccepted payment order.
• §490:4A-301 - Execution and execution date.
• §490:4A-302 - Obligations of receiving bank in execution of payment order.
• §490:4A-303 - Erroneous execution of payment order.
• §490:4A-304 - Duty of sender to report erroneously executed payment order.
• §490:4A-305 - Liability for late or improper execution or failure to execute payment order.
• §490:4A-401 - Payment date.
• §490:4A-402 - Obligation of sender to pay receiving bank.
• §490:4A-403 - Payment by sender to receiving bank.
• §490:4A-404 - Obligation of beneficiary's bank to pay and give notice to beneficiary.
• §490:4A-405 - Payment by beneficiary's bank to beneficiary.
• §490:4A-406 - Payment by originator to beneficiary; discharge of underlying obligation.
• §490:4A-501 - Variation by agreement and effect of funds-transfer system rule.
• §490:4A-502 - Creditor process served on receiving bank; setoff by beneficiary's bank.
• §490:4A-503 - Injunction or restraining order with respect to funds transfer.
• §490:4A-504 - Order in which items and payment orders may be charged to account; order of withdrawals from account.
• §490:4A-505 - Preclusion of objection to debit of customer's account.
• §490:4A-506 - Rate of interest.
• §490:4A-507 - Choice of law.
• §490:5-101 to 490 - 5-117 REPEALED.
• §490:5-102 - Definitions.
• §490:5-103 - Scope.
• §490:5-104 - Formal requirements.
• §490:5-105 - Consideration.
• §490:5-106 - Issuance, amendment, cancellation, and duration.
• §490:5-107 - Confirmer, nominated person, and advisor.
• §490:5-108 - Issuer's rights and obligations.
• §490:5-109 - Fraud and forgery.
• §490:5-110 - Warranties.
• §490:5-111 - Remedies.
• §490:5-112 - Transfer of letter of credit.
• §490:5-113 - Transfer by operation of law.
• §490:5-114 - Assignment of proceeds.
• §490:5-115 - Statute of limitations.
• §490:5-116 - Choice of law and forum.
• §490:5-117 - Subrogation of issuer, applicant, and nominated person.
• §490:5-118 - Security interest of issuer or nominated person.
• §490:6-101 to 490 - 6-110 REPEALED.
• §490:7-101 to 490 - 7-603 REPEALED.
• §490:7-102 - Definitions and index of definitions.
• §490:7-103 - Relation of article to treaty or statute.
• §490:7-104 - Negotiable and nonnegotiable document of title.
• §490:7-105 - Reissuance in alternative medium.
• §490:7-106 - Control of electronic document of title.
• §490:7-201 - Person that may issue a warehouse receipt; storage under bond.
• §490:7-202 - Form of warehouse receipt; effect of omission.
• §490:7-203 - Liability for nonreceipt or misdescription.
• §490:7-204 - Duty of care; contractual limitation of warehouse's liability.
• §490:7-205 - Title under warehouse receipt defeated in certain cases.
• §490:7-206 - Termination of storage at warehouse's option.
• §490:7-207 - Goods must be kept separate; fungible goods.
• §490:7-208 - Altered warehouse receipts.
• §490:7-209 - Lien of warehouse.
• §490:7-210 - Enforcement of warehouse's lien.
• §490:7-301 - Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load, and count"; improper handling.
• §490:7-302 - Through bills of lading and similar documents of title.
• §490:7-303 - Diversion; reconsignment; change of instructions.
• §490:7-304 - Tangible bills of lading in a set.
• §490:7-305 - Destination bills.
• §490:7-306 - Altered bills of lading.
• §490:7-307 - Lien of carrier.
• §490:7-308 - Enforcement of carrier's lien.
• §490:7-309 - Duty of care; contractual limitation of carrier's liability.
• §490:7-401 - Irregularities in issue of receipt or bill or conduct of issuer.
• §490:7-402 - Duplicate document of title; overissue.
• §490:7-403 - Obligation of bailee to deliver; excuse.
• §490:7-404 - No liability for good-faith delivery pursuant to document of title.
• §490:7-501 - Form of negotiation and requirements of due negotiation.
• §490:7-502 - Rights acquired by due negotiation.
• §490:7-503 - Document of title to goods defeated in certain cases.
• §490:7-504 - Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.
• §490:7-505 - Indorser not guarantor for other parties.
• §490:7-506 - Delivery without indorsement: right to compel indorsement.
• §490:7-507 - Warranties on negotiation or delivery of document of title.
• §490:7-508 - Warranties of collecting bank as to documents of title.
• §490:7-509 - Adequate compliance with commercial contract.
• §490:7-601 - Lost, stolen, or destroyed documents of title.
• §490:7-602 - Judicial process against goods covered by negotiable document of title.
• §490:7-603 - Conflicting claims; interpleader.
• §490:7-701 - Applicability.
• §490:7-702 - Savings clause.
• §490:8-101 to 490 - 8-408 REPEALED.
• §490:8-102 - Definitions.
• §490:8-103 - Rules for determining whether certain obligations and interests are securities or financial assets.
• §490:8-104 - Acquisition of security or financial asset or interest therein.
• §490:8-105 - Notice of adverse claim.
• §490:8-106 - Control.
• §490:8-107 - Whether indorsement, instruction, or entitlement order is effective.
• §490:8-108 - Warranties in direct holding.
• §490:8-109 - Warranties in indirect holding.
• §490:8-110 - Applicability; choice of law.
• §490:8-111 - Clearing corporation rules.
• §490:8-112 - Creditor's legal process.
• §490:8-113 - Statute of frauds inapplicable.
• §490:8-114 - Evidentiary rules concerning certificated securities.
• §490:8-115 - Securities intermediary and others not liable to adverse claimant.
• §490:8-116 - Securities intermediary as purchaser for value.
• §490:8-201 - Issuer.
• §490:8-202 - Issuer's responsibility and defenses; notice of defect or defense.
• §490:8-203 - Staleness as notice of defect or defense.
• §490:8-204 - Effect of issuer's restriction on transfer.
• §490:8-205 - Effect of unauthorized signature on security certificate.
• §490:8-206 - Completion or alteration of security certificate.
• §490:8-207 - Rights and duties of issuer with respect to registered owners.
• §490:8-208 - Effect of signature of authenticating trustee, registrar, or transfer agent.
• §490:8-209 - Issuer's lien.
• §490:8-210 - Overissue.
• §490:8-301 - Delivery.
• §490:8-302 - Rights of purchaser.
• §490:8-303 - Protected purchaser.
• §490:8-304 - Indorsement.
• §490:8-305 - Instruction.
• §490:8-306 - Effect of guaranteeing signature, indorsement, or instruction.
• §490:8-307 - Purchaser's right to requisites for registration of transfer.
• §490:8-401 - Duty of issuer to register transfer.
• §490:8-402 - Assurance that indorsement or instruction is effective.
• §490:8-403 - Demand that issuer not register transfer.
• §490:8-404 - Wrongful registration.
• §490:8-405 - Replacement of lost, destroyed, or wrongfully taken security certificate.
• §490:8-406 - Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.
• §490:8-407 - Authenticating trustee, transfer agent, and registrar.
• §490:8-501 - Securities account; acquisition of security entitlement from securities intermediary.
• §490:8-502 - Assertion of adverse claim against entitlement holder.
• §490:8-503 - Property interest of entitlement holder in financial asset held by securities intermediary.
• §490:8-504 - Duty of securities intermediary to maintain financial asset.
• §490:8-505 - Duty of securities intermediary with respect to payments and distributions.
• §490:8-506 - Duty of securities intermediary to exercise rights as directed by entitlement holder.
• §490:8-507 - Duty of securities intermediary to comply with entitlement order.
• §490:8-508 - Duty of securities intermediary to change entitlement holder's position to other form of security holding.
• §490:8-509 - Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.
• §490:8-510 - Rights of purchaser of security entitlement from entitlement holder.
• §490:8-511 - Priority among security interests and entitlement holders.
• §490:9-101 to 490 - 9-507 REPEALED.
• §490:9-102 - Definitions and index of definitions.
• §490:9-103 - Purchase-money security interest; application of payments; burden of establishing.
• §490:9-104 - Control of deposit account.
• §490:9-105 - Control of electronic chattel paper.
• §490:9-106 - Control of investment property.
• §490:9-107 - Control of letter-of-credit right.
• §490:9-108 - Sufficiency of description.
• §490:9-109 - Scope.
• §490:9-110 - Security interests arising under article 2 or 2A.
• §490:9-201 - General effectiveness of security agreement.
• §490:9-202 - Title to collateral immaterial.
• §490:9-203 - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
• §490:9-204 - After-acquired property; future advances.
• §490:9-205 - Use or disposition of collateral permissible.
• §490:9-206 - Security interest arising in purchase or delivery of financial asset.
• §490:9-207 - Rights and duties of secured party having possession or control of collateral.
• §490:9-208 - Additional duties of secured party having control of collateral.
• §490:9-209 - Duties of secured party if account debtor has been notified of assignment.
• §490:9-210 - Request for accounting; request regarding list of collateral or statement of account.
• §490:9-301 - Law governing perfection and priority of security interests.
• §490:9-302 - Law governing perfection and priority of agricultural liens.
• §490:9-303 - Law governing perfection and priority of security interests in goods covered by a certificate of title.
• §490:9-304 - Law governing perfection and priority of security interests in deposit accounts.
• §490:9-305 - Law governing perfection and priority of security interests in investment property.
• §490:9-306 - Law governing perfection and priority of security interests in letter-of-credit rights.
• §490:9-307 - Location of debtor.
• §490:9-308 - When security interest or agricultural lien is perfected; continuity of perfection.
• §490:9-309 - Security interest perfected upon attachment.
• §490:9-310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
• §490:9-311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties.
• §490:9-312 - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfectio
• §490:9-313 - When possession by or delivery to secured party perfects security interest without filing.
• §490:9-314 - Perfection by control.
• §490:9-315 - Secured party's rights on disposition of collateral and in proceeds.
• §490:9-316 - Continued perfection of security interest following change in governing law.
• §490:9-317 - Interests that take priority over or take free of security interest or agricultural lien.
• §490:9-318 - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
• §490:9-319 - Rights and title of consignee with respect to creditors and purchasers.
• §490:9-320 - Buyer of goods.
• §490:9-321 - Licensee of general intangible and lessee of goods in ordinary course of business.
• §490:9-322 - Priorities among conflicting security interests in and agricultural liens on same collateral.
• §490:9-323 - Future advances.
• §490:9-324 - Priority of purchase-money security interests.
• §490:9-325 - Priority of security interests in transferred collateral.
• §490:9-326 - Priority of security interests created by new debtor.
• §490:9-327 - Priority of security interests in deposit account.
• §490:9-328 - Priority of security interests in investment property.
• §490:9-329 - Priority of security interests in letter-of-credit right.
• §490:9-330 - Priority of purchaser of chattel paper or instrument.
• §490:9-331 - Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under article 8.
• §490:9-332 - Transfer of money; transfer of funds from deposit account.
• §490:9-333 - Priority of certain liens arising by operation of law.
• §490:9-334 - Priority of security interests in fixtures and crops.
• §490:9-335 - Accessions.
• §490:9-336 - Commingled goods.
• §490:9-337 - Priority of security interests in goods covered by certificate of title.
• §490:9-338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
• §490:9-339 - Priority subject to subordination.
• §490:9-340 - Effectiveness of right of recoupment or set-off against deposit account.
• §490:9-341 - Bank's rights and duties with respect to deposit account.
• §490:9-342 - Bank's right to refuse to enter into or disclose existence of control agreement.
• §490:9-401 - Alienability of debtor's rights.
• §490:9-402 - Secured party not obligated on contract of debtor or in tort.
• §490:9-403 - Agreement not to assert defenses against assignee.
• §490:9-404 - Rights acquired by assignee; claims and defenses against assignee.
• §490:9-405 - Modification of assigned contract.
• §490:9-406 - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory
• §490:9-407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
• §490:9-408 - Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
• §490:9-409 - Restrictions on assignment of letter-of-credit rights ineffective.
• §490:9-501 - Filing office.
• §490:9-502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
• §490:9-503 - Name of debtor and secured party.
• §490:9-504 - Indication of collateral.
• §490:9-505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
• §490:9-506 - Effect of errors or omissions.
• §490:9-507 - Effect of certain events on effectiveness of financing statement.
• §490:9-508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.
• §490:9-509 - Persons entitled to file a record.
• §490:9-510 - Effectiveness of filed record.
• §490:9-511 - Secured party of record.
• §490:9-512 - Amendment of financing statement.
• §490:9-513 - Termination statement.
• §490:9-514 - Assignment of powers of secured party of record.
• §490:9-515 - Duration and effectiveness of financing statement; effect of lapsed financing statement.
• §490:9-516 - What constitutes filing; effectiveness of filing.
• §490:9-517 - Effect of indexing errors.
• §490:9-518 - Claim concerning inaccurate or wrongfully filed record.
• §490:9-519 - Numbering, maintaining, and indexing records; communicating information provided in records.
• §490:9-520 - Acceptance and refusal to accept record.
• §490:9-521 - Uniform form of written financing statement and amendment.
• §490:9-522 - Maintenance and destruction of records.
• §490:9-523 - Information from filing office; sale or license of records.
• §490:9-524 - Delay by filing office.
• §490:9-525 - Fees.
• §490:9-526 - Filing-office rules.
• §490:9-527 - Duty to report.
• §490:9-601 - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
• §490:9-602 - Waiver and variance of rights and duties.
• §490:9-603 - Agreement on standards concerning rights and duties.
• §490:9-604 - Procedure if security agreement covers real property or fixtures.
• §490:9-605 - Unknown debtor or secondary obligor.
• §490:9-606 - Time of default for agricultural lien.
• §490:9-607 - Collection and enforcement by secured party.
• §490:9-608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
• §490:9-609 - Secured party's right to take possession after default.
• §490:9-610 - Disposition of collateral after default.
• §490:9-611 - Notification before disposition of collateral.
• §490:9-612 - Timeliness of notification before disposition of collateral.
• §490:9-613 - Contents and form of notification before disposition of collateral: general.
• §490:9-614 - Contents and form of notification before disposition of collateral: consumer-goods transaction.
• §490:9-615 - Application of proceeds of disposition; liability for deficiency and right to surplus.
• §490:9-616 - Explanation of calculation of surplus or deficiency.
• §490:9-617 - Rights of transferee of collateral.
• §490:9-618 - Rights and duties of certain secondary obligors.
• §490:9-619 - Transfer of record or legal title.
• §490:9-620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
• §490:9-621 - Notification of proposal to accept collateral.
• §490:9-622 - Effect of acceptance of collateral.
• §490:9-623 - Right to redeem collateral.
• §490:9-624 - Waiver.
• §490:9-625 - Remedies for secured party's failure to comply with article.
• §490:9-626 - Action in which deficiency or surplus is in issue.
• §490:9-627 - Determination of whether conduct was commercially reasonable.
• §490:9-628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.
• §490:9-701 - Effective date.
• §490:9-702 - Savings clause.
• §490:9-703 - Security interest perfected before effective date.
• §490:9-704 - Security interest unperfected before effective date.
• §490:9-705 - Effectiveness of action taken before effective date.
• §490:9-706 - When initial financing statement suffices to continue effectiveness of financing statement.
• §490:9-707 - Amendment of pre-effective-date financing statement.
• §490:9-708 - Persons entitled to file initial financing statement or continuation statement.
• §490:9-709 - Priority.
• §490:10-101 - Effective date.
• §490:10-102 - Specific repealer; provision for transition.
• §490:10-103 - General repealer.
• §10-103 - .1; HRS §490:10-103.
• §490:10-104 - Laws not repealed.
• §490:11-101 - Effective date.
• §490:11-102 - Preservation of old transition provision.
• §490:11-103 - Transition to new U.
• §490:11-104 - Transition provision on change of requirement of filing.
• §490:11-105 - Transition provision on change of place of filing.
• §490:11-106 - Required refilings.
• §490:11-107 - Transition provisions as to priorities.
• §490:11-108 - Presumption that rule of law continues unchanged.