§ 42a-3-101 Short title: Uniform Commercial Code-Negotiable Instruments
§ 42a-3-102 Subject matter
§ 42a-3-103 Definitions
§ 42a-3-104 Negotiable instrument
§ 42a-3-105 Issue of instrument
§ 42a-3-106 Unconditional promise or order
§ 42a-3-107 Instrument payable in foreign money
§ 42a-3-108 Payable on demand or at definite time
§ 42a-3-109 Payable to bearer or to order
§ 42a-3-110 Identification of person to whom instrument is payable
§ 42a-3-111 Place of payment
§ 42a-3-112 Interest
§ 42a-3-113 Date of instrument
§ 42a-3-114 Contradictory terms of instrument
§ 42a-3-115 Incomplete instrument
§ 42a-3-116 Joint and several liability. Contribution
§ 42a-3-117 Other agreements affecting instrument
§ 42a-3-118 Statute of limitations
§ 42a-3-119 Notice of right to defend action
§ 42a-3-201 Negotiation
§ 42a-3-202 Negotiation subject to rescission
§ 42a-3-203 Transfer of an instrument. Rights acquired by transfer
§ 42a-3-204 Endorsement
§ 42a-3-205 Special endorsement. Blank endorsement. Anomalous endorsement
§ 42a-3-206 Restrictive endorsement
§ 42a-3-207 Reacquisition
§ 42a-3-208 Reacquisition
§ 42a-3-301 Person entitled to enforce instrument
§ 42a-3-302 Holder in due course
§ 42a-3-303 Value and consideration
§ 42a-3-304 Overdue instrument
§ 42a-3-305 Defenses and claims in recoupment
§ 42a-3-306 Claims to an instrument
§ 42a-3-307 Notice of breach of fiduciary duty
§ 42a-3-308 Proof of signatures and status as holder in due course
§ 42a-3-309 Enforcement of lost, destroyed or stolen instrument
§ 42a-3-310 Effect of instrument on obligation for which taken
§ 42a-3-311 Accord and satisfaction by use of instrument
§ 42a-3-312 Enforcement of lost, destroyed or stolen cashier’s checks, teller’s checks or certified checks
§ 42a-3-401 Signature
§ 42a-3-402 Signature by representative
§ 42a-3-403 Unauthorized signature
§ 42a-3-404 Impostors. Fictitious payees
§ 42a-3-405 Employer’s responsibility for fraudulent endorsement by employee
§ 42a-3-406 Negligence contributing to forged signature or alteration of instrument
§ 42a-3-407 Alteration
§ 42a-3-408 Drawee not liable on unaccepted draft
§ 42a-3-409 Acceptance of draft. Certified check
§ 42a-3-410 Acceptance varying draft
§ 42a-3-411 Refusal to pay cashier’s checks, teller’s checks and certified checks
§ 42a-3-412 Obligation of issuer of note or cashier’s check
§ 42a-3-413 Obligation of acceptor
§ 42a-3-414 Obligation of drawer
§ 42a-3-415 Obligation of endorser
§ 42a-3-416 Transfer warranties
§ 42a-3-417 Presentment warranties
§ 42a-3-418 Payment or acceptance by mistake
§ 42a-3-419 Instruments signed for accommodation
§ 42a-3-420 Conversion of instrument
§ 42a-3-501 Presentment
§ 42a-3-502 Dishonor
§ 42a-3-503 Notice of dishonor
§ 42a-3-504 Excused presentment and notice of dishonor
§ 42a-3-505 Evidence of dishonor
§ 42a-3-601 Discharge and effect of discharge
§ 42a-3-602 Payment
§ 42a-3-603 Tender of payment
§ 42a-3-604 Discharge by cancellation or renunciation
§ 42a-3-605 Discharge of endorsers and accommodation parties
§ 42a-3-606 Impairment of recourse or of collateral
§ 42a-3-701 Letter of advice of international sight draft

Terms Used In Connecticut General Statutes > Article 3

  • another: may extend and be applied to communities, companies, corporations, public or private, limited liability companies, societies and associations. See Connecticut General Statutes 1-1
  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • banks: shall include all incorporated banks. See Connecticut General Statutes 1-1
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • certified check: shall be construed to include any bank treasurer's or cashier's check. See Connecticut General Statutes 1-1b
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Forgery: The fraudulent signing or alteration of another's name to an instrument such as a deed, mortgage, or check. The intent of the forgery is to deceive or defraud. Source: OCC
  • Fraud: Intentional deception resulting in injury to another.
  • Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
  • infancy: shall be deemed to refer to a person under the age of eighteen years and any person eighteen years of age or over shall be an adult for all purposes whatsoever and have the same legal capacity, rights, powers, privileges, duties, liabilities and responsibilities as persons heretofore had at twenty-one years of age, and "age of majority" shall be deemed to be eighteen years. See Connecticut General Statutes 1-1d
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • Pleadings: Written statements of the parties in a civil case of their positions. In the federal courts, the principal pleadings are the complaint and the answer.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Statute: A law passed by a legislature.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.