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The official 2007 edition of the UCC. The Uniform Commercial Code (UCC), first published in 1952, is one of a number of uniform acts that have been established as law with the goal of harmonizing the laws of sales and other commercial transactions across the United States through UCC adoption by all 50 states, the District of Columbia, and the Territories of the United States.
2.58 Texas. 2.59 U.S. Virgin Islands. 2.60 Utah. ... Download as PDF; Printable version; ... The Uniform Commercial Code (UCC) ...
A UCC-1 financing statement (an abbreviation for Uniform Commercial Code-1) is a United States legal form that a creditor files to give notice that it has or may have an interest in the personal property of a debtor (a person who owes a debt to the creditor as typically specified in the agreement creating the debt).
This template links to an external site, the Cornell University Law School Uniform Commercial Code database, returning the most current version of each article in the UCC. External links should not normally be used in the body of an article; see Wikipedia:External links for discussion of acceptable and unacceptable uses.
Specifically, the UCC has replaced the Restatement (Second) of Contracts in regard to the sale of goods. The Restatement (Second) of Contracts remains the unofficial authority for aspects of contract law which find their genesis in the common law principles of the United States and, previously, England.
While the UCC § 2-601 codifies the perfect tender rule, it also expressly limits it by "referring to § 2-612, which pertains to installment contracts, and § 2-718 and 2-719, which allow contractual limitations on remedies." [5] Other UCC provisions also restrict the perfect tender concept. [5]