N.Y. Uniform Commercial Code 9-700 – Definitions
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Section 9–700. Definitions.
Terms Used In N.Y. Uniform Commercial Code 9-700
- 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
The following words and terms when used in this part 7 shall have the following meanings:
"Former Article 9." The provisions of article 9 of the Uniform Commercial Code of this state as in effect before the effective date of Revised Article 9.
"Revised Article 9." The provisions of article 9 of the Uniform Commercial Code of this state, as amended by the chapter of the laws of 2001 which added these words and as they may be further amended.