Nebraska Uniform Commercial Code 7-703

UCC 7-703

7-703.

Applicability.

This article applies to a document of title that is issued or a bailment that arises on or after January 1, 2006. This article does not apply to a document of title that is issued or a bailment that arises before January 1, 2006, even if the document of title or bailment would be subject to this article if the document of title had been issued or bailment had arisen on or after January 1, 2006. This article does not apply to a right of action that has accrued before January 1, 2006.

Annotations

  • COMMENT

  • This article will apply prospectively only to documents of title issued or bailments that arise after the operative date of this article.