New York Uniform Commercial Code Law Part 3 - TERRITORIAL APPLICABILITY AND GENERAL RULES

• 1-301 - Territorial Applicability; Parties' Power to Choose Applicable Law.
  Section 1--301. Territorial Applicability; Parties' Power to Choose Applicable Law. (a) Except as otherwise provided in this section, when a transaction bears a reasonable relation...
• 1-302 - Variation by Agreement.
  Section 1--302. Variation by Agreement. (a) Except as otherwise provided in subsection (b) or elsewhere in this act, the effect of provisions of this act...
• 1-303 - Course of Performance, Course of Dealing, and Usage of Trade.
  Section 1--303. Course of Performance, Course of Dealing, and Usage of Trade. (a) A "course of performance" is a sequence of conduct between the parties...
• 1-304 - Obligation of Good Faith.
  Section 1--304. Obligation of Good Faith. Every contract or duty within this act imposes an obligation of good faith in its performance and enforcement.
• 1-305 - Remedies to Be Liberally Administered.
  Section 1--305. Remedies to be Liberally Administered. (a) The remedies provided by this act must be liberally administered to the end that the aggrieved party...
• 1-306 - Waiver or Renunciation of Claim or Right After Breach.
  Section 1--306. Waiver or Renunciation of Claim or Right After Breach. A claim or right arising out of an alleged breach may be discharged in...
• 1-307 - Prima Facie Evidence by Third-Party Documents.
  Section 1--307. Prima Facie evidence by Third-party Documents. A document in due form purporting to be a bill of lading, policy or certificate of insurance,...
• 1-308 - Performance or Acceptance Under Reservation of Rights.
  Section 1--308. Performance or Acceptance Under Reservation of Rights. A party that with explicit reservation of rights performs or promises performance or assents to performance...
• 1-309 - Option to Accelerate At Will.
  Section 1--309. Option to Accelerate at Will. A term providing that one party or that party's successor in interest may accelerate payment or performance or...
• 1-310 - Subordinated Obligations.
  Section 1--310. Subordinated Obligations. An obligation may be issued as subordinated to performance of another obligation of the person obligated, or a creditor may subordinate...

Last modified: February 3, 2019