A This chapter may be cited as "Uniform Commercial Code, secured transactions. The digits to the right of the decimal point are sequential and not supplemental to any preceding Revised Code section. A As used in this chapter, unless the context requires otherwise:
General Provisions [Table of Contents] [Subpart 1. The term includes health-care-insurance receivables.
The term does not include i rights to payment evidenced by chattel paper or an instrumentii commercial tort claimsiii deposit accountsiv investment propertyv letter-of-credit rights or letters of credit, or vi rights to payment for money or funds advanced or sold, other than rights arising out of the use of a credit or charge card or information contained on or for use with the card.
The term does not include persons obligated to pay a negotiable instrument, even if the instrument constitutes part of chattel paper.
A authenticated by a secured party ; B indicating the aggregate unpaid secured obligations as of a date not more than 35 days earlier or 35 days later than the date of the record; and C identifying the components of the obligations in reasonable detail.
A which secures payment or performance of an obligation for: A oil, gas, or other minerals that are subject to a security interest that: A to sign; or B to execute or otherwise adopt a symbol, or encrypt or similarly process a record in whole or in part, with the present intent of the authenticating person to identify the person and adopt or accept a record.
The term includes savings banks, savings and loan associations, credit unions, and trust companies. In this paragraph, "monetary obligation" means a monetary obligation secured by the goods or owed under a lease of the goods and includes a monetary obligation with respect to software used in the goods.
The term does not include i charters or other contracts involving the use or hire of a vessel or ii records that evidence a right to payment arising out of the use of a credit or charge card or information contained on or for use with the card.
If a transaction is evidenced by records that include an instrument or series of instruments, the group of records taken together constitutes chattel paper.
A proceeds to which a security interest attaches; B accountschattel paperpayment intangiblesand promissory notes that have been sold; and C goods that are the subject of a consignment. A the claimant is an organization; or B the claimant is an individual and the claim: A traded on or subject to the rules of a board of trade that has been designated as a contract market for such a contract pursuant to federal commodities laws; or B traded on a foreign commodity board of trade, exchange, or market, and is carried on the books of a commodity intermediary for a commodity customer.
A is registered as a futures commission merchant under federal commodities law; or B in the ordinary course of its business provides clearance or settlement services for a board of trade that has been designated as a contract market pursuant to federal commodities law. A to send a written or other tangible record ; B to transmit a record by any means agreed upon by the persons sending and receiving the record; or C in the case of transmission of a record to or by a filing officeto transmit a record by any means prescribed by filing-office rule.
A an individual incurs an obligation primarily for personal, family, or household purposes; and B a security interest in consumer goods secures the obligation. The term includes consumer-goods transactions. A identifies, by its file numberthe initial financing statement to which it relates; and B indicates that it is a continuation statement for, or that it is filed to continue the effectiveness of, the identified financing statement.
A a person having an interest, other than a security interest or other lien, in the collateralwhether or not the person is an obligor ; C a consignee.
The term does not include investment property or accounts evidenced by an instrument. The term includes mortgages and other liens on real property. A crops grown, growing, or to be grown, including: The term includes the filing of a financing statement covering goods of a transmitting utility which are or are to become fixtures.
The term includes payment intangibles and software.
The term includes i fixturesii standing timber that is to be cut and removed under a conveyance or contract for sale, iii the unborn young of animals, iv crops grown, growing, or to be grown, even if the crops are produced on trees, vines, or bushes, and v manufactured homes.
The term also includes a computer program embedded in goods and any supporting information provided in connection with a transaction relating to the program if i the program is associated with the goods in such a manner that it customarily is considered part of the goods, or ii by becoming the owner of the goods, a person acquires a right to use the program in connection with the goods.
Sec. 36aa. Credit card debt collection actions against parents or legal guardians of students. (a) No credit card issuer shall take any debt collection action, including, but not limited to, telephone calls or demand letters, against the parent or legal guardian of a student to whom a credit card has been issued, unless the parent or legal guardian has agreed in writing to be liable for. California Penal Code PC prohibits forgery.. Simply put, the California crime of forgery takes place when you knowingly do any of the following, intending to commit a fraud. Sign someone else's name, Fake a seal or someone else's handwriting, Change or falsify any legal document (like a will or a Author: Carli Acevedo. InvestorWords - The Most Comprehensive Investing Glossary on the Web! Over financial and investing definitions, with links between related terms.
The term does not include a computer program embedded in goods that consist solely of the medium in which the program is embedded.
InvestorWords - The Most Comprehensive Investing Glossary on the Web! Over financial and investing definitions, with links between related terms. A Pennsylvania Power of Attorney is a type of legal document that allows someone to appoint another as their stand-in for various types of initiativeblog.com make decisions every day that affect different aspects of your life, including health care decisions, what you are going to spend money on, whether your child can go on a field trip or not.
InvestorWords - The Most Comprehensive Investing Glossary on the Web!
Over financial and investing definitions, with links between related terms. For the revisions, see U.C.C. - ARTICLE 9 - SECURED TRANSACTIONS. Part 1.
General Provisions [Table of Contents] [Subpart 1. Short Title, Definitions, and General Concepts] [Table of Contents] § SHORT TITLE. This article may be cited as Uniform Commercial Code-Secured Transactions.