California Commercial Code CHAPTER 1 - General Provisions and Definitions

• Section 3101.
  This division may be cited as Uniform Commercial Code—Negotiable Instruments.(Repealed and added by Stats. 1992, Ch. 914, Sec. 6. Effective January 1, 1993.)
• Section 3102.
  (a) This division applies to negotiable instruments. It does not apply to money, to payment orders governed by Division 11 (commencing with Section 11101), or to...
• Section 3103.
  (a) In this division:(1) “Acceptor” means a drawee who has accepted a draft.(2) “Drawee” means a person ordered in a draft to make payment.(3) “Drawer” means a person who...
• Section 3104.
  (a) Except as provided in subdivisions (c) and (d), “negotiable instrument” means an unconditional promise or order to pay a fixed amount of money, with or...
• Section 3105.
  (a) “Issue” means the first delivery of an instrument by the maker or drawer, whether to a holder or nonholder, for the purpose of giving rights...
• Section 3106.
  (a) Except as provided in this section, for the purposes of subdivision (a) of Section 3104, a promise or order is unconditional unless it states (1)...
• Section 3107.
  Unless the instrument otherwise provides, an instrument that states the amount payable in foreign money may be paid in the foreign money or in an...
• Section 3108.
  (a) A promise or order is “payable on demand” if it (1) states that it is payable on demand or at sight, or otherwise indicates that...
• Section 3109.
  (a) A promise or order is payable to bearer if it is any of the following:(1) States that it is payable to bearer or to the order...
• Section 3110.
  (a) The person to whom an instrument is initially payable is determined by the intent of the person, whether or not authorized, signing as, or in...
• Section 3111.
  Except as otherwise provided for items in Division 4 (commencing with Section 4101), an instrument is payable at the place of payment stated in the...
• Section 3112.
  (a) Unless otherwise provided in the instrument, (1) an instrument is not payable with interest, and (2) interest on an interest-bearing instrument is payable from the...
• Section 3113.
  (a) An instrument may be antedated or postdated. The date stated determines the time of payment if the instrument is payable at a fixed period after...
• Section 3114.
  If an instrument contains contradictory terms, typewritten terms prevail over printed terms, handwritten terms prevail over both, and words prevail over numbers.(Repealed and added by...
• Section 3115.
  (a) ‛Incomplete instrument‛ means a signed writing, whether or not issued by the signer, the contents of which show at the time of signing that it...
• Section 3116.
  (a) Except as otherwise provided in the instrument, two or more persons who have the same liability on an instrument as makers, drawers, acceptors, indorsers who...
• Section 3117.
  Subject to applicable law regarding exclusion of proof of contemporaneous or previous agreements, the obligation of a party to an instrument to pay the instrument...
• Section 3118.
  (a) Except as provided in subdivision (e), an action to enforce the obligation of a party to pay a note payable at a definite time shall...
• Section 3119.
  In an action for breach of an obligation for which a third person is answerable over pursuant to this division or Division 4 (commencing with...

Last modified: October 22, 2018