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Uniform Laws: aspiration rather than reality. The phrase "Uniform Laws" can be misleading. Upon approval by the National Conference a Uniform Law is not law anywhere in the United States. It is simply a legislative proposal addressed to fifty state legislatures.
Uniform laws are laws written by lawyers from a variety of backgrounds with the hopes that states will adopt them. They are created by the Uniform Law Commission (ULC) in order to address legal issues that need a lot of expertise or need to be addressed similarly across states in order to be effective.
The Uniform Trade Secrets Act (UTSA) is a piece of legislation created by the Uniform Law Commission (ULC). The UTSA defines trade secrets and describes claims related to trade secrets. As of 2024, 48 states, the District of Columbia, the U.S. Virgin Islands, and Puerto Rico, have adopted the UTSA.
General Definitions. (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other articles of the Uniform Commercial Code that apply to particular articles or parts thereof, have the meanings stated. (b) Subject to definitions contained in other articles of the Uniform ...
PAYMENT. (a) Subject to subsection (b), an instrument is paid to the extent payment is made (i) by or on behalf of a party obliged to pay the instrument, and (ii) to a person entitled to enforce the instrument.
Definitions: "Merchant"; "Between Merchants"; "Financing Agency". (1) " Merchant " means a person who deals in goods of the kind or otherwise by his occupation holds himself out as having knowledge or skill peculiar to the practices or goods involved in the transaction or to whom such knowledge or skill may be attributed by his employment of an ...
Uniform Commercial Code Toolbox About Uniform Laws; State Uniform Commercial Codes
DEFINITIONS AND INDEX OF DEFINITIONS. (a) [Article 9 definitions.] In this article: (1) " Accession " means goods that are physically united with other goods in such a manner that the identity of the original goods is not lost. (2) " Account ", except as used in "account for", means a right to payment of a monetary obligation, whether or not ...
DEFINITIONS. (a) In this Article: (1) " Acceptor " means a drawee who has accepted a draft. (2) " Consumer account " means an account established by an individual primarily for personal, family, or household purposes.
HOLDER IN DUE COURSE. (a) Subject to subsection (c) and Section 3-106 (d), " holder in due course " means the holder of an instrument if: (1) the instrument when issued or negotiated to the holder does not bear such apparent evidence of forgery or alteration or is not otherwise so irregular or incomplete as to call into question its ...