Uniform Commercial Code

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instance_of gptkb:legislation
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:ESIGN_Act
gptkb:UETA
gptkbp:applies_to commercial transactions
gptkbp:enacted_by gptkb:American_Law_Institute
gptkb:National_Conference_of_Commissioners_on_Uniform_State_Laws
gptkbp:facilitates trade and commerce
gptkbp:first_published gptkb:1952
gptkbp:governed_by leases
negotiable instruments
secured transactions
sales of goods
https://www.w3.org/2000/01/rdf-schema#label Uniform Commercial Code
gptkbp:includes Article 1: General Provisions
Article 2: Sales
Article 3: Negotiable Instruments
Article 4: Bank Deposits and Collections
Article 5: Letters of Credit
Article 6: Bulk Transfers
Article 7: Documents of Title
Article 8: Investment Securities
Article 9: Secured Transactions
gptkbp:is a model code
subject to amendments
a subject of legal scholarship
a source of legal precedent
a comprehensive legal framework
a basis for state legislation
a framework for consumer protection
a framework for electronic transactions
a guide for contract formation
a key element of commercial law
a model for other countries' commercial laws
a reference for legal education
a resource for commercial lawyers
a standard for business practices
a subject of judicial interpretation
a tool for dispute resolution
adopted in various forms
influential in international trade law
used by lawyers and judges
gptkbp:is_adopted_by all 50 states
gptkbp:is_divided_into articles
gptkbp:promotes fairness in commercial transactions
gptkbp:provides rules for warranties
rules for performance and breach
rules for risk of loss
rules for title transfer
uniformity in state laws
gptkbp:reduces legal complexity