New York Uniform Commercial Code Law Part 2 - GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION

• 1-201 - General Definitions.
  Section 1--201. General Definitions. (a) Unless the context otherwise requires, words or phrases defined in this section, or in the additional definitions contained in other...
• 1-202 - Notice; Knowledge.
  Section 1--202. Notice; Knowledge. (a) Subject to subsection (f), a person has "notice" of a fact if the person: (1) has actual knowledge of it;...
• 1-203 - Lease Distinguished From Security Interest.
  Section 1--203. Lease Distinguished From Security Interest. (a) Whether a transaction in the form of a lease creates a lease or security interest is determined...
• 1-204 - Value.
  Section 1--204. Value. Except as otherwise provided in articles 3, 4, and 5, a person gives value for rights if the person acquires them: (a)...
• 1-205 - Reasonable Time; Seasonableness.
  Section 1--205. Reasonable Time; Seasonableness. (a) Whether a time for taking an action required by this act is reasonable depends on the nature, purpose, and...
• 1-206 - Presumptions.
  Section 1--206. Presumptions. Whenever this act creates a "presumption" with respect to a fact, or provides that a fact is "presumed," the trier of fact...
• 1-207 - Statute of Frauds for Kinds of Personal Property Not Otherwise Covered.
  Section 1--207. Statute of Frauds for Kinds of Personal Property Not Otherwise Covered. (a) Except in the cases described in subsection (b) of this section...

Last modified: February 3, 2019