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Uniform Commercial Code in a Nutshell

9th Edition
Bradford Stone | Kristen David Adams
ISBN: 9781685614751
Subject: Comml Law-Survey
Format: Print - Softbound
Page Count: 955
Copyright: 2023 | Status: In Stock
Other Formats Available
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This product provides a concise yet comprehensive introduction to the Uniform Commercial Code for students and practitioners alike. It covers each major topic of the Code, including the process of selling, payment, negotiation, shipping, storage, financing sales, and leasing of goods. It also includes new UCC Article 12, which provides legal rules governing the transfer of property rights in certain digital assets known as “controllable electronic records.” In addition, the text makes it possible for readers to see how the various articles of the Code may interact in a single transaction. Wherever practicable, the actual language of the Code and its comments has been used. The comprehensive outline, references to relevant authority, and intuitive system of cross-referencing all contribute to its ease of use. This ninth edition contains the 2022 Amendments, which included new Article 12, extensive updates to Article 9, and more modest updates to Articles 1, 2, 2A, 3, 4, 4A, 5, 7, and 8.


Imprint: West Academic Publishing
Series: Nutshells
Publication Date: 09/26/2023
Related Subject(s): Comml Law-Payments, Comml Law-Sales And Leases, Comml Law-Secured Trans

Bradford Stone, Stetson University College of Law

Kristen David Adams, Stetson University College of Law

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  • Parts One and Two include the changes to the definition of “conspicuous” and the new approach to hybrid transactions found in the 2022 Amendments to the UCC.
  • Part Three includes the 2022 Amendments to Articles 3, 4, and 4A, which are intended to support remote deposit capture and the processing of electronic checks, and to answer questions that had arisen with respect to Article 4A security procedures.
  • Part Six is entirely new and addresses new Article 12, Controllable Electronic Records (CERs). Article 12 governs the transfer of property rights – both outright and for security – in certain intangible digital assets (e.g., bitcoin and other virtual currency). Throughout this Nutshell – but especially in Part Five – appear changes to the other Articles of the UCC that were needed to fully effectuate the introduction of Article 12. These include the introduction of two new kinds of collateral – the controllable account and controllable payment intangible – as well as perfection and take-free rules for both. Part Five also includes the revised treatment of chattel paper intended to address confusion that had arisen with respect to hybrid transactions, as well as new definitions of both “tangible money” and “electronic money.”

Learn more about this series.