California Commercial Code CHAPTER 2 - General Definitions and Principles of Interpretation

• Section 1201.
  (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other divisions of this code that...
• Section 1202.
  (a) Subject to subdivision (f), a person has “notice” of a fact if the person:(1) has actual knowledge of it;(2) has received a notice or notification of it;...
• Section 1203.
  (a) Whether a transaction in the form of a lease creates a lease or security interest is determined by the facts of each case.(b) A transaction in...
• Section 1204.
  Except as otherwise provided in Divisions 3, 4, 5, and 6, a person gives value for rights if the person acquires them:(1) in return for a...
• Section 1205.
  (a) Whether a time for taking an action required by this code is reasonable depends on the nature, purpose, and circumstances of the action.(b) An action is...
• Section 1206.
  Whenever this code creates a “presumption” with respect to a fact, or provides that a fact is “presumed,” the trier of fact must find the...

Last modified: October 22, 2018