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2018 Missouri Revised Statutes
Title XXVI - Trade and Commerce
Chapter 400 - Uniform Commercial Code

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Chapter Cross References

ARTICLE 1. GENERAL PROVISIONS_Part 1. General Provisions

Section 400.1-101 Short titles. (8/28/2017)
Section 400.1-102 Scope of article. (8/28/2017)
Section 400.1-103 Construction of code to promote its purpose and policies — applicability of supplemental principles of law. (8/28/2017)
Section 400.1-104 Construction against implicit repeal. (8/28/1963)
Section 400.1-105 Severability. (8/28/2017)
Section 400.1-106 Use of singular and plural — gender. (8/28/2017)
Section 400.1-107 Section captions. (8/28/2017)
Section 400.1-108 Relation to Electronic Signatures in Global and National Commerce Act. (8/28/2017)

Part 2. General Definitions and Principles of Interpretation

Section 400.1-201 General definitions. (8/28/2017)
Section 400.1-202 Notice — knowledge. (8/28/2017)
Section 400.1-203 Lease distinguished from security interest. (8/28/2017)
Section 400.1-204 Value. (8/28/2017)
Section 400.1-205 Reasonable time — seasonableness. (8/28/2017)
Section 400.1-206 Presumptions. (8/28/2017)

Part 3. Territorial Applicability and General Rules

Section 400.1-301 Territorial applicability — parties' power to choose applicable law. (8/28/2017)
Section 400.1-302 Variation by agreement. (8/28/2017)
Section 400.1-303 Course of performance, course of dealing, and usage of trade. (8/28/2017)
Section 400.1-304 Obligation of good faith. (8/28/2017)
Section 400.1-305 Remedies to be liberally administered. (8/28/2017)
Section 400.1-306 Waiver of renunciation of claim of right after breach. (8/28/2017)
Section 400.1-307 Prima facie evidence of third-party documents. (8/28/2017)
Section 400.1-308 Performance or acceptance under reservation of rights. (8/28/2017)
Section 400.1-309 Option to accelerate at will. (8/28/2017)
Section 400.1-310 Subordinated obligations. (8/28/2017)

ARTICLE 2. SALES_Part 1. Short Title, General Construction and Subject Matter

Part 2. Form, Formation and Readjustment of Contract

Section 400.2-201 Formal requirements — statute of frauds. (8/28/1963)
Section 400.2-202 Final written expression — parol or extrinsic evidence. (8/28/1963)
Section 400.2-203 Seals inoperative. (8/28/1963)
Section 400.2-204 Formation in general. (8/28/1963)
Section 400.2-205 Firm offers. (8/28/1963)
Section 400.2-206 Offer and acceptance in formation of contract. (8/28/1963)
Section 400.2-207 Additional terms in acceptance or confirmation. (8/28/1963)
Section 400.2-208 Course of performance or practical construction. (8/28/1963)
Section 400.2-209 Modification, rescission and waiver. (8/28/1963)
Section 400.2-210 Delegation of performance — assignment of rights. (7/1/2001)

Part 3. General Obligation and Construction of Contract

Section 400.2-301 General obligations of parties. (8/28/1963)
Section 400.2-302 Unconscionable contract or clause. (8/28/1963)
Section 400.2-303 Allocation or division of risks. (8/28/1963)
Section 400.2-304 Price payable in money, goods, realty, or otherwise. (8/28/1963)
Section 400.2-305 Open price term. (8/28/1963)
Section 400.2-306 Output, requirements and exclusive dealings. (8/28/1963)
Section 400.2-307 Delivery in single lot or several lots. (8/28/1963)
Section 400.2-308 Absence of specified place for delivery. (8/28/1963)
Section 400.2-309 Absence of specific time provisions — notice of termination. (8/28/1963)
Section 400.2-310 Open time for payment or running of credit — authority to ship under reservation. (8/28/1963)
Section 400.2-311 Options and cooperation respecting performance. (8/28/1963)
Section 400.2-312 Warranty of title and against infringement — buyer's obligation against infringement. (8/28/1963)
Section 400.2-313 Express warranties by affirmation, promise, description, sample. (8/28/1963)
Section 400.2-314 Implied warranty — merchantability — usage of trade. (8/28/1963)
Section 400.2-315 Implied warranty — fitness for particular purpose. (8/28/1963)
Section 400.2-316 Exclusion or modification of warranties — livestock warranties of fitness to be in writing. (8/28/1980)
Section 400.2-317 Cumulation and conflict of warranties express or implied. (8/28/1963)
Section 400.2-318 Third party beneficiaries of warranties express or implied. (8/28/1963)
Section 400.2-319 F.O.B. and F.A.S. terms. (8/28/1963)
Section 400.2-320 C.I.F. and C.&F. terms. (8/28/1963)
Section 400.2-321 C.I.F. or C.&F. — "net landed weights" — payment on arrival — warranty of condition on arrival. (8/28/1965)
Section 400.2-322 Delivery "ex-ship". (8/28/1963)
Section 400.2-323 Form of bill of lading required in overseas shipment — "overseas". (8/28/1963)
Section 400.2-324 "No arrival, no sale" term. (8/28/1963)
Section 400.2-325 "Letter of credit" term — "confirmed credit". (8/28/1963)
Section 400.2-326 Sale on approval and sale or return — rights of creditors. (7/1/2001)
Section 400.2-327 Special incidents of sale on approval and sale or return. (8/28/1963)
Section 400.2-328 Sale by auction. (8/28/1963)

Part 4. Title, Creditors and Good Faith Purchasers

Part 5. Performance

Section 400.2-501 Insurable interest in goods — manner of identification of goods. (8/28/1963)
Section 400.2-502 Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency. (7/1/2001)
Section 400.2-503 Manner of seller's tender of delivery. (8/28/1963)
Section 400.2-504 Shipment by seller. (8/28/1963)
Section 400.2-505 Seller's shipment under reservation. (8/28/1963)
Section 400.2-506 Rights of financing agency. (8/28/1963)
Section 400.2-507 Effect of seller's tender — delivery on condition. (8/28/1963)
Section 400.2-508 Cure by seller of improper tender or delivery — replacement. (8/28/1963)
Section 400.2-509 Risk of loss in the absence of breach. (8/28/1963)
Section 400.2-510 Effect of breach on risk of loss. (8/28/1963)
Section 400.2-511 Tender of payment by buyer — payment by check. (8/28/1992)
Section 400.2-512 Payment by buyer before inspection. (8/28/1997)
Section 400.2-513 Buyer's right to inspection of goods. (8/28/1963)
Section 400.2-514 When documents deliverable on acceptance — when on payment. (8/28/1963)
Section 400.2-515 Preserving evidence of goods in dispute. (8/28/1963)

Part 6. Breach, Repudiation and Excuse

Section 400.2-601 Buyer's rights on improper delivery. (8/28/1963)
Section 400.2-602 Manner and effect of rightful rejection. (8/28/1963)
Section 400.2-603 Merchant buyer's duties as to rightfully rejected goods. (8/28/1963)
Section 400.2-604 Buyer's options as to salvage of rightfully rejected goods. (8/28/1963)
Section 400.2-605 Waiver of buyer's objections by failure to particularize. (8/28/1963)
Section 400.2-606 What constitutes acceptance of goods. (8/28/1963)
Section 400.2-607 Effect of acceptance — notice of breach — burden of establishing breach after acceptance — notice of claim or litigation to person answerable over. (8/28/1963)
Section 400.2-608 Revocation of acceptance in whole or in part. (8/28/1963)
Section 400.2-609 Right to adequate assurance of performance. (8/28/1963)
Section 400.2-610 Anticipatory repudiation. (8/28/1963)
Section 400.2-611 Retraction of anticipatory repudiation. (8/28/1963)
Section 400.2-612 "Installment contract" — breach. (8/28/1963)
Section 400.2-613 Casualty to identified goods. (8/28/1963)
Section 400.2-614 Substituted performance. (8/28/1963)
Section 400.2-615 Excuse by failure of presupposed conditions. (8/28/1963)
Section 400.2-616 Procedure on notice claiming excuse. (8/28/1963)

Part 7. Remedies

Section 400.2-701 Remedies for breach of collateral contracts not impaired. (8/28/1963)
Section 400.2-702 Seller's remedies on discovery of buyer's insolvency. (8/28/1963)
Section 400.2-703 Seller's remedies in general. (8/28/1963)
Section 400.2-704 Seller's right to identify goods to the contract not withstanding breach or to salvage unfinished goods. (8/28/1963)
Section 400.2-705 Seller's stoppage of delivery in transit or otherwise. (8/28/1963)
Section 400.2-706 Seller's resale including contract for resale. (8/28/1963)
Section 400.2-707 "Person in the position of a seller". (8/28/1963)
Section 400.2-708 Seller's damages for nonacceptance or repudiation. (8/28/1963)
Section 400.2-709 Action for the price. (8/28/1963)
Section 400.2-710 Seller's incidental damages. (8/28/1963)
Section 400.2-711 Buyer's remedies in general — buyer's security interest in rejected goods. (8/28/1963)
Section 400.2-712 "Cover" — buyer's procurement of substitute goods. (8/28/1963)
Section 400.2-713 Buyer's damages for nondelivery or repudiation. (8/28/1963)
Section 400.2-714 Buyer's damages for breach in regard to accepted goods. (8/28/1963)
Section 400.2-715 Buyer's incidental and consequential damages. (8/28/1963)
Section 400.2-716 Buyer's right to specific performance or replevin. (7/1/2001)
Section 400.2-717 Deduction of damages from the price. (8/28/1963)
Section 400.2-718 Liquidation or limitation of damages — deposits. (8/28/1963)
Section 400.2-719 Contractual modification or limitation of remedy. (8/28/1963)
Section 400.2-720 Effect of "cancellation" or "rescission" on claims for antecedent breach. (8/28/1963)
Section 400.2-721 Remedies for fraud. (8/28/1963)
Section 400.2-722 Who can sue third parties for injury to goods. (8/28/1963)
Section 400.2-723 Proof of market price — time and place. (8/28/1963)
Section 400.2-724 Admissibility of market quotations. (8/28/1963)
Section 400.2-725 Statute of limitations in contracts for sale. (8/28/1963)

ARTICLE 2A. LEASES_Part 1. General Provisions

Section 400.2A-101 Short title. (8/28/1992)
Section 400.2A-102 Scope. (8/28/1992)
Section 400.2A-103 Definitions and index of definitions. (8/28/2014)
Section 400.2A-104 Leases subject to other law. (8/28/1992)
Section 400.2A-105 Territorial application of article to goods covered by certificate of title. (8/28/1992)
Section 400.2A-106 Limitation on power of parties to consumer lease to choose applicable law and judicial forum. (8/28/1992)
Section 400.2A-107 Waiver or renunciation of claim or right after death. (8/28/1992)
Section 400.2A-108 Unconscionability. (8/28/1992)
Section 400.2A-109 Option to accelerate at will. (8/28/1992)

Part 2. Formation and Construction of Lease Contract

Section 400.2A-201 Statute of frauds. (8/28/1992)
Section 400.2A-202 Final written expression — parol or extrinsic evidence. (8/28/1992)
Section 400.2A-203 Seals inoperative. (8/28/1992)
Section 400.2A-204 Formation in general. (8/28/1992)
Section 400.2A-205 Firm offers. (8/28/1992)
Section 400.2A-206 Offer and acceptance in formation of lease contract. (8/28/1992)
Section 400.2A-207 Course of performance or practical construction. (8/28/1992)
Section 400.2A-208 Modification, rescission and waiver. (8/28/1992)
Section 400.2A-209 Lessee under finance lease as beneficiary of supply contract. (8/28/1992)
Section 400.2A-210 Express warranties. (8/28/1992)
Section 400.2A-211 Warranties against interference and against infringement — lessee's obligation against infringement. (8/28/1992)
Section 400.2A-212 Implied warranty of merchantability. (8/28/1992)
Section 400.2A-213 Implied warranty of fitness for particular purpose. (8/28/1992)
Section 400.2A-214 Exclusion or modification of warranties. (8/28/1992)
Section 400.2A-215 Cumulation and conflict of warranties express or implied. (8/28/1992)
Section 400.2A-216 Third-party beneficiaries of express and implied warranties. (8/28/1992)
Section 400.2A-217 Identification. (8/28/1992)
Section 400.2A-218 Insurance and proceeds. (8/28/1992)
Section 400.2A-219 Risk of loss. (8/28/1992)
Section 400.2A-220 Effect of default on risk of loss. (8/28/1992)
Section 400.2A-221 Casualty to identified goods. (8/28/1992)

Part 3. Effect of Lease Contract

Section 400.2A-301 Enforceability of lease contract. (8/28/1992)
Section 400.2A-302 Title to and possession of goods. (8/28/1992)
Section 400.2A-303 Alienability of party's interest under lease contract or of lessor's residual interest in goods — delegation of performance — transfer of rights. (7/1/2001)
Section 400.2A-304 Subsequent lease of goods by lessor. (8/28/1992)
Section 400.2A-305 Sale or sublease of goods by lessee. (8/28/1992)
Section 400.2A-306 Priority of certain liens arising by operation of law. (8/28/1992)
Section 400.2A-307 Priority of liens arising by attachment or levy on — security interest in — and other claims to goods. (7/1/2001)
Section 400.2A-308 Special rights of creditors. (8/28/1992)
Section 400.2A-309 Lessor's and lessee's rights when goods become fixtures. (7/1/2001)
Section 400.2A-310 Lessor's and lessee's rights when goods become accessions. (8/28/1992)
Section 400.2A-311 Priority subject to subordination. (8/28/1992)

Part 4. Performance of Lease Contract — Repudiated, Substituted and Excused

Section 400.2A-401 Insecurity — adequate assurance of performance. (8/28/1992)
Section 400.2A-402 Anticipatory repudiation. (8/28/1992)
Section 400.2A-403 Retraction of anticipatory repudiation. (8/28/1992)
Section 400.2A-404 Substituted performance. (8/28/1992)
Section 400.2A-405 Excused performance. (8/28/1992)
Section 400.2A-406 Procedure on excused performance. (8/28/1992)
Section 400.2A-407 Irrevocable promises — finance leases. (8/28/1992)

Part 5. Default_A. In General

Section 400.2A-501 Default — procedure. (8/28/1992)
Section 400.2A-502 Notice after default. (8/28/1992)
Section 400.2A-503 Modification or impairment of rights and remedies. (8/28/1992)
Section 400.2A-504 Liquidation of damages. (8/28/1992)
Section 400.2A-505 Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies. (8/28/1992)
Section 400.2A-506 Statute of limitations. (8/28/1992)
Section 400.2A-507 Proof of market rent — time and place. (8/28/1992)

B. Default by Lessor

Section 400.2A-508 Lessee's remedies. (8/28/1992)
Section 400.2A-509 Lessee's rights on improper delivery — rightful rejection. (8/28/1992)
Section 400.2A-510 Installment lease contracts — rejection and default. (8/28/1992)
Section 400.2A-511 Merchant lessee's duties as to rightfully rejected goods. (8/28/1992)
Section 400.2A-512 Lessee's duties as to rightfully rejected goods. (8/28/1992)
Section 400.2A-513 Cure by lessor of improper tender or delivery — replacement. (8/28/1992)
Section 400.2A-514 Waiver of lessee's objections. (8/28/1992)
Section 400.2A-515 Acceptance of goods. (8/28/1992)
Section 400.2A-516 Effect of acceptance of goods — notice of default — burden of establishing default after acceptance — notice of claim or litigation to person answerable over. (8/28/1992)
Section 400.2A-517 Revocation of acceptance of goods. (8/28/1992)
Section 400.2A-518 Cover — substitute goods. (8/28/1992)
Section 400.2A-519 Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods. (8/28/1992)
Section 400.2A-520 Lessee's incidental and consequential damages. (8/28/1992)
Section 400.2A-521 Lessee's right to specific performance or replevin. (8/28/1992)
Section 400.2A-522 Lessee's right to goods on lessor's insolvency. (8/28/1992)

C. Default by Lessee

Section 400.2A-523 Lessor's remedies. (8/28/1992)
Section 400.2A-524 Lessor's right to identify goods to lease contract. (8/28/1992)
Section 400.2A-525 Lessor's right to possession of goods. (8/28/1992)
Section 400.2A-526 Lessor's stoppage of delivery in transit or otherwise. (8/28/1992)
Section 400.2A-527 Lessor's rights to dispose of goods. (8/28/1992)
Section 400.2A-528 Lessor's damages for nonacceptance or repudiation. (8/28/1992)
Section 400.2A-529 Lessor's action for the rent. (8/28/1992)
Section 400.2A-530 Lessor's incidental damages. (8/28/1992)
Section 400.2A-531 Standing to sue third parties for injury to goods. (8/28/1992)
Section 400.2A-532 Lessor's rights to residual interest. (8/28/1992)

REVISED ARTICLE 3. NEGOTIABLE INSTRUMENTS_Part 1. General Provisions and Definitions

Section 400.3-101 Short title. (8/28/1992)
Section 400.3-102 Subject matter. (8/28/1992)
Section 400.3-103 Definitions. (8/28/2005)
Section 400.3-104 Negotiable instruments. (8/28/2005)
Section 400.3-105 Issue of instrument. (8/28/1992)
Section 400.3-106 Unconditional promise or order. (8/28/1992)
Section 400.3-107 Instrument payable in foreign money. (8/28/1992)
Section 400.3-108 Payable on demand or at definite time. (8/28/1992)
Section 400.3-109 Payable to bearer or to order. (8/28/1992)
Section 400.3-110 Identification of person to whom instrument is payable. (8/28/1992)
Section 400.3-111 Place of payment. (8/28/1992)
Section 400.3-112 Interest. (8/28/1992)
Section 400.3-113 Date of instrument. (8/28/1992)
Section 400.3-114 Contradictory terms of instrument. (8/28/1992)
Section 400.3-115 Incomplete instrument. (8/28/1992)
Section 400.3-116 Joint and several liability — contribution. (8/28/1992)
Section 400.3-117 Other agreements affecting instrument. (8/28/1992)
Section 400.3-118 Statute of limitations. (8/28/1997)
Section 400.3-119 Notice of right to defend action. (8/28/1992)

Part 2. Negotiation, Transfer and Indorsement

Section 400.3-201 Negotiation. (8/28/1992)
Section 400.3-202 Negotiation subject to rescission. (8/28/1992)
Section 400.3-203 Transfer of instrument — right acquired by transfer. (8/28/1992)
Section 400.3-204 Endorsement. (8/28/1992)
Section 400.3-205 Special endorsement — blank endorsement — anomalous endorsement. (8/28/1992)
Section 400.3-206 Restrictive endorsement. (8/28/1992)
Section 400.3-207 Reacquisition. (8/28/1992)

Part 3. Enforcement of Instruments

Section 400.3-301 Person entitled to enforce instrument. (8/28/1992)
Section 400.3-302 Holder in due course. (8/28/1992)
Section 400.3-303 Value and consideration. (8/28/1992)
Section 400.3-304 Overdue instrument. (8/28/1992)
Section 400.3-305 Defenses and claims in recoupment. (8/28/1992)
Section 400.3-306 Claims to an instrument. (8/28/1992)
Section 400.3-307 Notice of breach of fiduciary duty. (8/28/1994)
Section 400.3-308 Proof of signature and status as holder in due course. (8/28/1992)
Section 400.3-309 Enforcement of lost, destroyed, or stolen instrument. (8/28/1992)
Section 400.3-310 Effect of instrument on obligation for which taken. (8/28/1992)
Section 400.3-311 Accord and satisfaction by use of instrument. (8/28/1992)
Section 400.3-312 Lost, destroyed or stolen cashier's check, teller's check or certified check. (8/28/2000)

Part 4. Liability of Parties

Section 400.3-401 Signature. (8/28/1992)
Section 400.3-402 Signature by representative. (8/28/1992)
Section 400.3-403 Unauthorized signature. (8/28/1992)
Section 400.3-404 Impostors — fictitious payees. (8/28/1992)
Section 400.3-405 Employer's responsibility for fraudulent endorsement by employee. (8/28/1992)
Section 400.3-406 Negligence contributing to forged signature or alteration of instrument. (8/28/1992)
Section 400.3-407 Alteration. (8/28/1992)
Section 400.3-408 Drawee not liable on unaccepted draft. (8/28/1992)
Section 400.3-409 Acceptance of draft — certified check. (8/28/1992)
Section 400.3-410 Acceptance varying draft. (8/28/1992)
Section 400.3-411 Refusal to pay cashier's checks, teller's checks, and certified checks. (8/28/1992)
Section 400.3-412 Obligation of issuer of note or cashier's check. (8/28/1992)
Section 400.3-413 Obligation of acceptor. (8/28/1992)
Section 400.3-414 Obligation of drawer. (8/28/1992)
Section 400.3-415 Obligation of endorser. (8/28/1992)
Section 400.3-416 Transfer warranties. (8/28/2005)
Section 400.3-417 Presentment warranties. (8/28/2005)
Section 400.3-418 Payment or acceptance by mistake. (8/28/1992)
Section 400.3-419 Instrument signed for accommodation. (8/28/1992)
Section 400.3-420 Conversion of instrument. (8/28/1992)

Part 5. Dishonor

Section 400.3-501 Presentment. (8/28/1992)
Section 400.3-502 Dishonor. (8/28/1992)
Section 400.3-503 Notice of dishonor. (8/28/1992)
Section 400.3-504 Excused presentment and notice of dishonor. (8/28/1992)
Section 400.3-505 Evidence of dishonor. (8/28/1992)

Part 6. Discharge and Payment

Section 400.3-601 Discharge and effect of discharge. (8/28/1992)
Section 400.3-602 Payment. (8/28/1992)
Section 400.3-603 Tender of payment. (8/28/1992)
Section 400.3-604 Discharge by cancellation or renunciation. (8/28/1992)
Section 400.3-605 Discharge of endorsers and accommodation parties. (8/28/1992)

ARTICLE 4. BANK DEPOSITS AND COLLECTIONS_Part 1. General Provisions and Definitions

Section 400.4-101 Short title. (8/28/1992)
Section 400.4-102 Applicability. (8/28/1992)
Section 400.4-103 Variation by agreement — measure of damages — action constituting ordinary care. (8/28/1992)
Section 400.4-104 Definitions and index of definitions. (8/28/1997)
Section 400.4-105 Bank — depositary bank — payor bank — intermediary bank — collecting bank — presenting bank. (8/28/1992)
Section 400.4-106 Payable through or payable at bank — collecting bank. (8/28/1992)
Section 400.4-107 Separate office of bank. (8/28/1992)
Section 400.4-108 Time of receipt of items. (8/28/1992)
Section 400.4-109 Delays. (8/28/1992)
Section 400.4-110 Electronic presentment. (8/28/1992)
Section 400.4-111 Statute of limitations. (8/28/1997)

Part 2. Collection of Items — Depositary and Collecting Banks

Part 3. Collection of Items — Payor Banks

Part 4. Relationship Between Payor Bank and Its Customer

Part 5. Collection of Documentary Drafts

ARTICLE 4A. FUNDS TRANSFERS_Part 1. Subject Matter and Definitions

Section 400.4A-101 Short title. (8/28/1992)
Section 400.4A-102 Subject matter. (8/28/1992)
Section 400.4A-103 Payment order — definitions. (8/28/1992)
Section 400.4A-104 Funds transfer — definitions. (8/28/1992)
Section 400.4A-105 Other definitions. (8/28/1994)
Section 400.4A-106 Time payment order is received. (8/28/1992)
Section 400.4A-107 Federal Reserve regulations and operating circulars. (8/28/1992)
Section 400.4A-108 Exclusion of consumer transactions governed by federal law. (8/28/2013)

Part 2. Issue and Acceptance of Payment Order

Section 400.4A-201 Security procedure. (8/28/1992)
Section 400.4A-202 Authorized and verified payment orders. (8/28/1992)
Section 400.4A-203 Unenforceability of certain verified payment orders. (8/28/1992)
Section 400.4A-204 Refund of payment and duty of customer to report with respect to unauthorized payment order. (8/28/1992)
Section 400.4A-205 Erroneous payment orders. (8/28/1992)
Section 400.4A-206 Transmission of payment order through funds — transfer or other communication system. (8/28/1992)
Section 400.4A-207 Misdescription of beneficiary. (8/28/1992)
Section 400.4A-208 Misdescription of intermediary bank or beneficiary's bank. (8/28/1992)
Section 400.4A-209 Acceptance of payment order. (8/28/1992)
Section 400.4A-210 Rejection of payment order. (8/28/1992)
Section 400.4A-211 Cancellation and amendment of payment order. (8/28/1992)
Section 400.4A-212 Liability and duty of receiving bank regarding unaccepted payment order. (8/28/1992)

Part 3. Execution of Sender's Payment Order by Receiving Bank

Section 400.4A-301 Execution and execution date. (8/28/1992)
Section 400.4A-302 Obligations of receiving bank in execution of payment order. (8/28/1992)
Section 400.4A-303 Erroneous execution of payment order. (8/28/1992)
Section 400.4A-304 Duty of sender to report erroneously executed payment order. (8/28/1992)
Section 400.4A-305 Liability for late or improper execution or failure to execute payment order. (8/28/1992)

Part 4. Payment

Section 400.4A-401 Payment date. (8/28/1992)
Section 400.4A-402 Obligation of sender to pay receiving bank. (8/28/1992)
Section 400.4A-403 Payment by sender to receiving bank. (8/28/1992)
Section 400.4A-404 Obligation of beneficiary's bank to pay and give notice to beneficiary. (8/28/1992)
Section 400.4A-405 Payment by beneficiary's bank to beneficiary. (8/28/1992)
Section 400.4A-406 Payment by originator to beneficiary — discharge of underlying obligation. (8/28/1992)

Part 5. Miscellaneous Provisions

Section 400.4A-501 Variation by agreement and effect of funds — transfer system rule. (8/28/1992)
Section 400.4A-502 Creditor process served on receiving bank — setoff by beneficiary's bank. (8/28/1992)
Section 400.4A-503 Injunction or restraining order with respect to funds transfer. (8/28/1992)
Section 400.4A-504 Order in which items and payment orders may be charged to account — order of withdrawals from account. (8/28/1992)
Section 400.4A-505 Preclusion of objection to debt of customer's account. (8/28/1992)
Section 400.4A-506 Rate of interest. (8/28/1992)
Section 400.4A-507 Choice of law. (8/28/1992)

ARTICLE 5. LETTERS OF CREDIT

Section 400.5-101 Short title. (8/28/1963)
Section 400.5-102 Definitions. (8/28/1997)
Section 400.5-103 Scope. (8/28/1997)
Section 400.5-104 Formal requirements. (8/28/1997)
Section 400.5-105 Consideration. (8/28/1997)
Section 400.5-106 Issuance, amendment, cancellation and duration. (8/28/1997)
Section 400.5-107 Confirmer, nominated person and adviser. (8/28/1997)
Section 400.5-108 Issuer's rights and obligations. (8/28/1997)
Section 400.5-109 Fraud and forgery. (8/28/1997)
Section 400.5-110 Warranties. (8/28/1997)
Section 400.5-111 Remedies and damages for wrongful dishonor or breach of obligation. (8/28/1997)
Section 400.5-112 Transfer of letter of credit. (8/28/1997)
Section 400.5-113 Successor of beneficiary, rights. (8/28/1997)
Section 400.5-114 Proceeds of letter of credit, definition, assignment. (8/28/1997)
Section 400.5-115 Statute of limitations. (8/28/1997)
Section 400.5-116 Choice of law and forum. (8/28/1997)
Section 400.5-117 Subrogation of issuer, applicant and nominated person. (8/28/1997)
Section 400.5-118 Security interest in a document. (7/1/2001)

ARTICLE 7. DOCUMENTS OF TITLE_Part 1._General

Section 400.7-101 Short title. (8/28/1963)
Section 400.7-102 Definitions and index of definitions. (8/28/2017)
Section 400.7-103 Relation of article to treaty, statute, tariff, classification or regulation. (8/28/2017)
Section 400.7-104 Negotiable and nonnegotiable warehouse receipt, bill of lading or other document of title. (8/28/2017)
Section 400.7-105 Requests for issuance of tangible or electronic documents of title, effect. (8/28/2017)
Section 400.7-106 Control of electronic document of title. (8/28/2017)

Part 2. Warehouse Receipts — Special Provisions

Section 400.7-201 Who may issue a warehouse receipt — storage under government bond. (8/28/2017)
Section 400.7-202 Form of warehouse receipt — essential terms — optional terms. (8/28/2017)
Section 400.7-203 Liability for nonreceipt or misdescription. (8/28/2017)
Section 400.7-204 Duty of care — contractual limitation of warehouseman's liability. (8/28/2017)
Section 400.7-205 Title under warehouse receipt defeated in certain cases. (8/28/2017)
Section 400.7-206 Termination of storage at warehouseman's option. (8/28/2017)
Section 400.7-207 Goods must be kept separate — fungible goods. (8/28/2017)
Section 400.7-208 Altered warehouse receipts. (8/28/2017)
Section 400.7-209 Lien of warehouse. (8/28/2017)
Section 400.7-210 Enforcement of warehouse's lien. (8/28/2017)

Part 3. Bills of Lading — Special Provisions

Section 400.7-301 Liability for nonreceipt or misdescription — "said to contain" — "shipper's load and count" — improper handling. (8/28/2017)
Section 400.7-302 Through bills of lading and similar documents. (8/28/2017)
Section 400.7-303 Diversion — reconsignment — change of instructions. (8/28/2017)
Section 400.7-304 Bills of lading in a set. (8/28/2017)
Section 400.7-305 Destination bills. (8/28/2017)
Section 400.7-306 Altered bills of lading. (8/28/1963)
Section 400.7-307 Lien of carrier. (8/28/2017)
Section 400.7-308 Enforcement of carrier's lien. (8/28/2017)
Section 400.7-309 Duty of care — contractual limitation of carrier's liability. (8/28/2017)

Part 4. Warehouse Receipts and Bills of Lading — General Obligations

Section 400.7-401 Irregularities in issue of receipt or bill or conduct of issuer. (8/28/2017)
Section 400.7-402 Duplicate receipt or bill — overissue. (8/28/2017)
Section 400.7-403 Obligation of warehouse or carrier to deliver — excuse. (8/28/2017)
Section 400.7-404 No liability for good faith delivery pursuant to receipt or bill. (8/28/2017)

Part 5. Warehouse Receipts and Bills of Lading — Negotiation and Transfer

Section 400.7-501 Form of negotiation and requirements of "due negotiation". (8/28/2017)
Section 400.7-502 Rights acquired by due negotiation. (8/28/2017)
Section 400.7-503 Document of title to goods defeated in certain cases. (8/28/2017)
Section 400.7-504 Rights acquired in the absence of due negotiation — effect of diversion — seller's stoppage of delivery. (8/28/2017)
Section 400.7-505 Indorser not a guarantor for other parties. (8/28/2017)
Section 400.7-506 Delivery without indorsement — right to compel indorsement. (8/28/2017)
Section 400.7-507 Warranties on negotiation or transfer of receipt or bill. (8/28/2017)
Section 400.7-508 Warranties of collecting bank as to documents. (8/28/2017)
Section 400.7-509 Receipt or bill — when adequate compliance with commercial contract. (8/28/2017)

Part 6. Warehouse Receipts and Bills of Lading — Miscellaneous Provisions

Section 400.7-601 Lost and missing documents. (8/28/2017)
Section 400.7-602 Attachment of goods covered by a negotiable document. (8/28/2017)
Section 400.7-603 Conflicting claims — interpleader. (8/28/2017)

Part 7. Transition Provisions

Section 400.7-703 Applicability (8/28/2017)
Section 400.7-704 Savings clause. (8/28/2017)

ARTICLE 8. INVESTMENT SECURITIES_Part 1. Short Title and General Matters

Section 400.8-101 Short title. (8/28/1963)
Section 400.8-102 Definitions. (8/28/1997)
Section 400.8-103 Rules for determining whether certain obligations and interests are securities or financial assets. (7/1/2001)
Section 400.8-104 Acquisition of security or financial asset or interest therein. (8/28/1997)
Section 400.8-105 Notice of adverse claim. (8/28/1997)
Section 400.8-106 Control. (7/1/2001)
Section 400.8-107 Indorsement, instruction or entitlement order — effective, when. (8/28/1997)
Section 400.8-108 Warranties in direct holding. (8/28/1997)
Section 400.8-109 Warranties in indirect holding. (8/28/1997)
Section 400.8-110 Applicability; choice of law. (7/1/2001)
Section 400.8-111 Clearing corporation rules. (8/28/1997)
Section 400.8-112 Creditor's legal process. (8/28/1997)
Section 400.8-113 Statute of frauds inapplicable. (8/28/1997)
Section 400.8-114 Evidentiary rules concerning certificated securities. (8/28/1997)
Section 400.8-115 Securities intermediary and others not liable to adverse claimant. (8/28/1997)
Section 400.8-116 Securities intermediary as purchaser for value. (8/28/1997)
Section 400.8-117 Deposit of securities. (8/28/1997)

Part 2. Issue — Issuer

Section 400.8-201 Issuer. (8/28/1997)
Section 400.8-202 Issuer's responsibility and defenses — notice of defect or defense. (8/28/1997)
Section 400.8-203 Staleness as notice of defects or defenses. (8/28/1997)
Section 400.8-204 Effect of issuer's restriction on transfer. (8/28/1997)
Section 400.8-205 Effect of unauthorized signature on security certificate. (8/28/1997)
Section 400.8-206 Completion or alteration of security certificate. (8/28/1997)
Section 400.8-207 Rights and duties of issuer with respect to registered owners. (8/28/1997)
Section 400.8-208 Effect of signature of authenticating trustee, registrar or transfer agent. (8/28/1997)
Section 400.8-209 Issuer's lien. (8/28/1997)
Section 400.8-210 Overissue, definition. (8/28/1997)

Part 3. Transfer of Certificated and Uncertificated Securities

Section 400.8-301 Delivery. (7/1/2001)
Section 400.8-302 Rights of purchaser. (7/1/2001)
Section 400.8-303 Protected purchaser. (8/28/1997)
Section 400.8-304 Indorsement. (8/28/1997)
Section 400.8-305 Instruction. (8/28/1997)
Section 400.8-306 Effect of guaranteeing signature, indorsement or instruction. (8/28/1997)
Section 400.8-307 Purchaser's right to requisites for registration of transfer. (8/28/1997)

Part 4. Registration

Section 400.8-401 Duty of issuer to register transfer. (8/28/1997)
Section 400.8-402 Assurance that endorsement and instructions are effective. (8/28/1997)
Section 400.8-403 Demand that issuer not register transfer. (8/28/1997)
Section 400.8-404 Wrongful registration. (8/28/1997)
Section 400.8-405 Replacement of lost, destroyed or wrongfully taken security certificates. (8/28/1997)
Section 400.8-406 Obligation to notify issuer of lost, destroyed or wrongfully taken security certificate. (8/28/1997)
Section 400.8-407 Authenticating trustee, transfer agent and registrar. (8/28/1997)

Part 5. Security Entitlements

Part 6. Amendments to Article

Section 400.8-601 Effect of amendments to article 8. (8/28/1998)

ARTICLE 9. SECURED TRANSACTIONS_Part 1. General Provisions

Section 400.9-101 Short title. (7/1/2001)
Section 400.9-102 Definitions and index of definitions. (8/28/2014)
Section 400.9-103 Purchase-money security interest — application of payments — burden of establishing. (7/1/2001)
Section 400.9-104 Control of deposit account. (7/1/2001)
Section 400.9-105 Control of electronic chattel paper. (8/28/2014)
Section 400.9-106 Control of investment property. (7/1/2001)
Section 400.9-107 Control of letter-of-credit right. (7/1/2001)
Section 400.9-108 Sufficiency of description. (7/1/2001)
Section 400.9-109 Scope. (8/28/2002)
Section 400.9-110 Security interests arising under Article 2 or 2A. (7/1/2001)

Part 2. Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement

Part 3. Perfection and Priority

Part 4. Rights of Third Parties

Part 5. Filing

Section 400.9-501 Filing office. (8/28/2018)
Section 400.9-502 Contents of financing statement — record of mortgage as financing statement — time of filing financial statement. (8/28/2013)
Section 400.9-503 Name of debtor and secured party. (8/28/2014)
Section 400.9-504 Indication of collateral. (8/28/2002)
Section 400.9-505 Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions. (7/1/2001)
Section 400.9-506 Effect of errors or omissions. (7/1/2001)
Section 400.9-507 Effect of certain events on effectiveness of financing statement. (8/28/2014)
Section 400.9-508 Effectiveness of financing statement if new debtor becomes bound by security agreement. (7/1/2001)
Section 400.9-509 Persons entitled to file a record. (8/28/2002)
Section 400.9-510 Effectiveness of filed record. (7/1/2001)
Section 400.9-511 Secured party of record. (7/1/2001)
Section 400.9-512 Amendment of financing statement. (7/1/2001)
Section 400.9-513 Termination statement. (8/28/2002)
Section 400.9-514 Assignment of powers of secured party of record. (7/1/2001)
Section 400.9-515 Duration and effectiveness of financing statement — effect of lapsed financing statement. (8/28/2013)
Section 400.9-516 What constitutes filing — effectiveness of filing. (8/28/2014)
Section 400.9-517 Effect of indexing errors. (7/1/2001)
Section 400.9-518 Claim concerning inaccurate or wrongfully filed record. (8/28/2013)
Section 400.9-519 Numbering, maintaining, and indexing records — communicating information provided in records. (7/1/2001)
Section 400.9-520 Acceptance and refusal to accept record. (7/1/2001)
Section 400.9-521 Uniform form of written financing statement and amendment. (7/1/2001)
Section 400.9-522 Maintenance and destruction of records. (7/1/2001)
Section 400.9-523 Information from filing office — sale or license of records. (7/1/2001)
Section 400.9-524 Delay by filing office. (7/1/2001)
Section 400.9-525 Fees. (9/1/2003)
Section 400.9-526 Filing office rules. (7/1/2001)
Section 400.9-527 Duty to report. (7/1/2001)
Section 400.9-528 Additional fee — expiration date. (8/28/2017)

Part 6. Default

Part 7. Transition

Section 400.9-701 Definition of this act. (7/1/2001)
Section 400.9-702 Savings clause. (7/1/2001)
Section 400.9-703 Security interest perfected before effective date. (7/1/2001)
Section 400.9-704 Security interest unperfected before effective date. (7/1/2001)
Section 400.9-705 Effectiveness of action taken before effective date. (7/1/2001)
Section 400.9-706 When initial financing statement suffices to continue effectiveness of financing statement. (7/1/2001)
Section 400.9-707 Amendment of pre-effective-date financing statement. (7/1/2001)
Section 400.9-708 Persons entitled to file initial financing statement or continuation statement. (7/1/2001)
Section 400.9-709 Priority. (7/1/2001)
Section 400.9-710 Local filing office to maintain former article 9 records. (8/28/2002)

Part 8. Transition Provisions for 2010 Amendments

Section 400.9-801 This act reference. (8/28/2013)
Section 400.9-802 Savings clause. (8/28/2014)
Section 400.9-803 Security interest perfected before effective date. (8/28/2013)
Section 400.9-804 Security interest unperfected before effective date. (8/28/2013)
Section 400.9-805 Effectiveness of action taken before effective date. (8/28/2014)
Section 400.9-806 When initial financing statement suffices to continue effectiveness of financing statement. (8/28/2014)
Section 400.9-807 Amendment of pre-effective-date financing statement. (8/28/2013)
Section 400.9-808 Person entitled to file initial financing statement or continuation statement. (8/28/2013)
Section 400.9-809 Priority. (8/28/2013)

ARTICLE 10. OTHER PROVISIONS

Section 400.10-101 Provision for transition. (8/28/1965)
Section 400.10-102 Laws not repealed. (8/28/1965)

ARTICLE 11. TRANSITION PROVISIONS

Section 400.11-103 General rule, transactions before and after code changes. (1/1/1989)
Section 400.11-104 Requirement of filing, transitional provision. (1/1/1989)
Section 400.11-105 Place of filing, transitional provision. (1/1/1989)
Section 400.11-106 Required refilings. (1/1/1989)
Section 400.11-107 Priorities, transitional provision. (1/1/1989)
Section 400.11-108 Interpretation of chapter. (1/1/1989)

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