Page:United States Statutes at Large Volume 77.djvu/662

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[77 STAT. 630]
[77 STAT. 630]
PUBLIC LAW 88-000—MMMM. DD, 1963

630

PUBLIC LAW 88-243-DEC. 30, 1963

[77 STAT.

Public Law 88-243 December 30, 1963

District of

  • uniform Com^

merciai Code.

AN

ACT

To enact the Uniform Connnercial Code for the District of Colnnibia, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assemMed^ That the Uniform Commercial Code is enacted as Subtitle I of Title 28 of the District of Columbia Codc, in which it shall be designated "Subtitle I—LTniform Commercial Code", and may be cited as "D.C. Code, § —", as follows:

SUBTITLE I—UNIFORM COMMERCIAL CODE \BTICLE 1. GENERAI, PROVISIONS 2. SALES 3. COMMEECIAL PAPER 4. B A X K DEPOSITS AND COLLECTIONS 5. LETTERS OF CREDIT 6. B U L K TRANSFERS 7. W A R E H O U S E RECEIPTS, B I L L S OF LADING AND OTHER DOCUMENTS OP TITI>E 8. INVESTMENT SECURITIES 9. SECURED T R A N S ACTION S; SALES OF ACCOUNTS, CONTRACT B I G H T S AND CHATTEL PAPER 10. CONSTRUCTION W I T H OTHER L A W S

SECTIOX 2 8: 1—101 2 8: ^—101 2 8: 3—101 2 8: 4—101 2 8: 5—101 28: 6—101 28: 28:

7—101 8—101

2 8: 9—101 28:10—101

ARTICLE I—GENERAL PROVISIONS PART 1—SHORT TITLE, CONSTRUCTION, APPLICATION AND SUBJECT MATTER

Sec. 28:1—101. 28:1—102. 28:1—103. 28:1—104. 28:1—105. 28:1—106. 28:1—107. 28:1—108. 28:1—109.

Short title. Purposes; rules of construction; variation by agreement. Supplementary general principles of law applicable. Construction against implicit repeal. Territorial application of this s u b title; part i e s ' power to choose applicable law. Remedies to be liberally administered. Waiver or renunciation of claim or right after breach. Severability. Section captions.

P A R T 2—GENERAL DEFINITIONS AND P R I N C I P L E S OF INTERPRETATION

28:1—201. 28:1—202. 28:1—203. 28:1—204. 28:1—205. 28:1—206.

General definitions. P r i m a facie evidence by t h i r d party documents. Obligation of good faith. T i m e; reasonable t i m e; "seasonably". Course of dealing and usage of trade. Statute of f r a u d s for kinds of personal property not covered. 28:1—^207. Performance or acceptance under reservation of rights. 28:1—r208. Option to accelerate at will.

otherwise