Nebraska Uniform Commercial Code 7-509

UCC 7-509

7-509.

Adequate compliance with commercial contract.

Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by article 2, 2A, or 5.

Annotations

  • COMMENT

  • Prior Uniform Statutory Provision: Former section 7-509.

  • Changes: To reference article 2A.

  • Purposes:

  • To cross-refer to the articles of this code which deal with the substantive issues of the type of document of title required under the contract entered into by the parties.

  • Cross References:

  • Articles 2, 2A, and 5.

  • Definitional Cross References:

  • "Contract for sale". Section 2-106.

  • "Document of title". Section 1-201.

  • "Lease". Section 2A-103.