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NOTE: The Statutes on the North Carolina General Assembly website reflect changes made in the 2016 Regular Session. The changes do not include the 4th Special Session held in December 2016. The changes from all Sessions are listed in the NC Statutes and Session Laws affected by ratified bills documents.

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North Carolina General Statutes
Chapter 25: Uniform Commercial Code.

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Article 1 - General Provisions. [HTML] [RTF]
G.S. 25-1-101 25-1-101. Short titles.[HTML] [RTF]
G.S. 25-1-102 25-1-102. Scope of Article.[HTML] [RTF]
G.S. 25-1-103 25-1-103. Construction of this Chapter to promote its purposes and policies; applicability of supplemental principles of law.[HTML] [RTF]
G.S. 25-1-104 25-1-104. Construction against implied repeal.[HTML] [RTF]
G.S. 25-1-105 25-1-105. Severability.[HTML] [RTF]
G.S. 25-1-106 25-1-106. Use of singular and plural; gender.[HTML] [RTF]
G.S. 25-1-107 25-1-107. Section captions.[HTML] [RTF]
G.S. 25-1-108 25-1-108. Relation to Electronic Signatures in Global and National Commerce Act.[HTML] [RTF]
G.S. 25-1-201 25-1-201. General definitions.[HTML] [RTF]
G.S. 25-1-202 25-1-202. Notice; knowledge.[HTML] [RTF]
G.S. 25-1-203 25-1-203. Lease distinguished from security interest.[HTML] [RTF]
G.S. 25-1-204 25-1-204. Value.[HTML] [RTF]
G.S. 25-1-205 25-1-205. Reasonable time; seasonableness.[HTML] [RTF]
G.S. 25-1-206 25-1-206. Presumptions.[HTML] [RTF]
G.S. 25-1-301 25-1-301. Territorial applicability; parties' power to choose applicable law.[HTML] [RTF]
G.S. 25-1-302 25-1-302. Variation by agreement.[HTML] [RTF]
G.S. 25-1-303 25-1-303. Course of performance, course of dealing, and usage of trade.[HTML] [RTF]
G.S. 25-1-304 25-1-304. Obligation of good faith.[HTML] [RTF]
G.S. 25-1-305 25-1-305. Remedies to be liberally administered.[HTML] [RTF]
G.S. 25-1-306 25-1-306. Waiver or renunciation of claim or right after breach.[HTML] [RTF]
G.S. 25-1-307 25-1-307. Prima facie evidence by third-party documents.[HTML] [RTF]
G.S. 25-1-308 25-1-308. Performance or acceptance under reservation of rights.[HTML] [RTF]
G.S. 25-1-309 25-1-309. Option to accelerate at will.[HTML] [RTF]
G.S. 25-1-310 25-1-310. Subordinated obligations.[HTML] [RTF]
Article 2 - Sales. [HTML] [RTF]
G.S. 25-2-101 25-2-101. Short title.[HTML] [RTF]
G.S. 25-2-102 25-2-102. Scope; certain security and other transactions excluded from this article.[HTML] [RTF]
G.S. 25-2-103 25-2-103. Definitions and index of definitions.[HTML] [RTF]
G.S. 25-2-104 25-2-104. Definitions: "Merchant"; "between merchants"; "financing agency."[HTML] [RTF]
G.S. 25-2-105 25-2-105. Definitions: Transferability; "goods"; "future" goods; "lot"; "commercial unit."[HTML] [RTF]
G.S. 25-2-106 25-2-106. Definitions: "Contract"; "agreement"; "contract for sale"; "sale"; "present sale"; "layaway contract"; "conforming" to contract; "termination"; "cancellation."[HTML] [RTF]
G.S. 25-2-107 25-2-107. Goods to be severed from realty; recording.[HTML] [RTF]
G.S. 25-2-201 25-2-201. Formal requirements; statute of frauds.[HTML] [RTF]
G.S. 25-2-202 25-2-202. Final written expression; parol or extrinsic evidence.[HTML] [RTF]
G.S. 25-2-203 25-2-203. Seals inoperative.[HTML] [RTF]
G.S. 25-2-204 25-2-204. Formation in general.[HTML] [RTF]
G.S. 25-2-205 25-2-205. Firm offers.[HTML] [RTF]
G.S. 25-2-206 25-2-206. Offer and acceptance in formation of contract.[HTML] [RTF]
G.S. 25-2-207 25-2-207. Additional terms in acceptance or confirmation.[HTML] [RTF]
G.S. 25-2-208 25-2-208: Repealed by Session Laws 2006-112, s. 4, effective October 1, 2006.[HTML] [RTF]
G.S. 25-2-209 25-2-209. Modification, rescission and waiver.[HTML] [RTF]
G.S. 25-2-210 25-2-210. Delegation of performance; assignment of rights.[HTML] [RTF]
G.S. 25-2-301 25-2-301. General obligations of parties.[HTML] [RTF]
G.S. 25-2-302 25-2-302. Unconscionable contract or clause.[HTML] [RTF]
G.S. 25-2-303 25-2-303. Allocation or division of risks.[HTML] [RTF]
G.S. 25-2-304 25-2-304. Price payable in money, goods, realty, or otherwise.[HTML] [RTF]
G.S. 25-2-305 25-2-305. Open price term.[HTML] [RTF]
G.S. 25-2-306 25-2-306. Output, requirements and exclusive dealings.[HTML] [RTF]
G.S. 25-2-307 25-2-307. Delivery in single lot or several lots.[HTML] [RTF]
G.S. 25-2-308 25-2-308. Absence of specified place for delivery.[HTML] [RTF]
G.S. 25-2-309 25-2-309. Absence of specific time provisions; notice of termination.[HTML] [RTF]
G.S. 25-2-310 25-2-310. Open time for payment or running of credit; authority to ship under reservation.[HTML] [RTF]
G.S. 25-2-311 25-2-311. Options and cooperation respecting performance.[HTML] [RTF]
G.S. 25-2-312 25-2-312. Warranty of title and against infringement; buyer's obligation against infringement.[HTML] [RTF]
G.S. 25-2-313 25-2-313. Express warranties by affirmation, promise, description, sample.[HTML] [RTF]
G.S. 25-2-314 25-2-314. Implied warranty: Merchantability; usage of trade.[HTML] [RTF]
G.S. 25-2-315 25-2-315. Implied warranty: Fitness for particular purpose.[HTML] [RTF]
G.S. 25-2-316 25-2-316. Exclusion or modification of warranties.[HTML] [RTF]
G.S. 25-2-317 25-2-317. Cumulation and conflict of warranties express or implied.[HTML] [RTF]
G.S. 25-2-318 25-2-318. Third party beneficiaries of warranties express or implied.[HTML] [RTF]
G.S. 25-2-319 25-2-319. F.O.B. and F.A.S. terms.[HTML] [RTF]
G.S. 25-2-320 25-2-320. C.I.F. and C. & F. terms.[HTML] [RTF]
G.S. 25-2-321 25-2-321. C.I.F. or C. & F.: "Net landed weights"; "payment on arrival"; warranty of condition on arrival.[HTML] [RTF]
G.S. 25-2-322 25-2-322. Delivery "ex-ship."[HTML] [RTF]
G.S. 25-2-323 25-2-323. Form of bill of lading required in overseas shipment; "overseas."[HTML] [RTF]
G.S. 25-2-324 25-2-324. "No arrival, no sale" term.[HTML] [RTF]
G.S. 25-2-325 25-2-325. "Letter of credit" term; "confirmed credit."[HTML] [RTF]
G.S. 25-2-326 25-2-326. Sale on approval and sale or return; rights of creditors.[HTML] [RTF]
G.S. 25-2-327 25-2-327. Special incidents of sale on approval and sale or return.[HTML] [RTF]
G.S. 25-2-328 25-2-328. Sale by auction.[HTML] [RTF]
G.S. 25-2-401 25-2-401. Passing of title; reservation for security; limited application of this section.[HTML] [RTF]
G.S. 25-2-402 25-2-402. Rights of seller's creditors against sold goods.[HTML] [RTF]
G.S. 25-2-403 25-2-403. Power to transfer; good faith purchase of goods; "entrusting."[HTML] [RTF]
G.S. 25-2-501 25-2-501. Insurable interest in goods; manner of identification of goods.[HTML] [RTF]
G.S. 25-2-502 25-2-502. Buyer's right to goods on seller's repudiation, failure to deliver, or insolvency.[HTML] [RTF]
G.S. 25-2-503 25-2-503. Manner of seller's tender of delivery.[HTML] [RTF]
G.S. 25-2-504 25-2-504. Shipment by seller.[HTML] [RTF]
G.S. 25-2-505 25-2-505. Seller's shipment under reservation.[HTML] [RTF]
G.S. 25-2-506 25-2-506. Rights of financing agency.[HTML] [RTF]
G.S. 25-2-507 25-2-507. Effect of seller's tender; delivery on condition.[HTML] [RTF]
G.S. 25-2-508 25-2-508. Cure by seller of improper tender or delivery; replacement.[HTML] [RTF]
G.S. 25-2-509 25-2-509. Risk of loss in the absence of breach.[HTML] [RTF]
G.S. 25-2-510 25-2-510. Effect of breach on risk of loss.[HTML] [RTF]
G.S. 25-2-511 25-2-511. Tender of payment by buyer; payment by check.[HTML] [RTF]
G.S. 25-2-512 25-2-512. Payment by buyer before inspection.[HTML] [RTF]
G.S. 25-2-513 25-2-513. Buyer's right to inspection of goods.[HTML] [RTF]
G.S. 25-2-514 25-2-514. When documents deliverable on acceptance; when on payment.[HTML] [RTF]
G.S. 25-2-515 25-2-515. Preserving evidence of goods in dispute.[HTML] [RTF]
G.S. 25-2-601 25-2-601. Buyer's rights on improper delivery.[HTML] [RTF]
G.S. 25-2-602 25-2-602. Manner and effect of rightful rejection.[HTML] [RTF]
G.S. 25-2-603 25-2-603. Merchant buyer's duties as to rightfully rejected goods.[HTML] [RTF]
G.S. 25-2-604 25-2-604. Buyer's options as to salvage of rightfully rejected goods.[HTML] [RTF]
G.S. 25-2-605 25-2-605. Waiver of buyer's objections by failure to particularize.[HTML] [RTF]
G.S. 25-2-606 25-2-606. What constitutes acceptance of goods.[HTML] [RTF]
G.S. 25-2-607 25-2-607. Effect of acceptance; notice of breach; burden of establishing breach after acceptance; notice of claim or litigation to person answerable over.[HTML] [RTF]
G.S. 25-2-608 25-2-608. Revocation of acceptance in whole or in part.[HTML] [RTF]
G.S. 25-2-609 25-2-609. Right to adequate assurance of performance.[HTML] [RTF]
G.S. 25-2-610 25-2-610. Anticipatory repudiation.[HTML] [RTF]
G.S. 25-2-611 25-2-611. Retraction of anticipatory repudiation.[HTML] [RTF]
G.S. 25-2-612 25-2-612. "Installment contract"; breach.[HTML] [RTF]
G.S. 25-2-613 25-2-613. Casualty to identified goods.[HTML] [RTF]
G.S. 25-2-614 25-2-614. Substituted performance.[HTML] [RTF]
G.S. 25-2-615 25-2-615. Excuse by failure of presupposed conditions.[HTML] [RTF]
G.S. 25-2-616 25-2-616. Procedure on notice claiming excuse.[HTML] [RTF]
G.S. 25-2-701 25-2-701. Remedies for breach of collateral contracts not impaired.[HTML] [RTF]
G.S. 25-2-702 25-2-702. Seller's remedies on discovery of buyer's insolvency.[HTML] [RTF]
G.S. 25-2-703 25-2-703. Seller's remedies in general.[HTML] [RTF]
G.S. 25-2-704 25-2-704. Seller's right to identify goods to the contract notwithstanding breach or to salvage unfinished goods.[HTML] [RTF]
G.S. 25-2-705 25-2-705. Seller's stoppage of delivery in transit or otherwise.[HTML] [RTF]
G.S. 25-2-706 25-2-706. Seller's resale including contract for resale.[HTML] [RTF]
G.S. 25-2-707 25-2-707. "Person in the position of a seller."[HTML] [RTF]
G.S. 25-2-708 25-2-708. Seller's damages for nonacceptance or repudiation.[HTML] [RTF]
G.S. 25-2-709 25-2-709. Action for the price.[HTML] [RTF]
G.S. 25-2-710 25-2-710. Seller's incidental damages.[HTML] [RTF]
G.S. 25-2-711 25-2-711. Buyer's remedies in general; buyer's security interest in rejected goods.[HTML] [RTF]
G.S. 25-2-712 25-2-712. "Cover"; buyer's procurement of substitute goods.[HTML] [RTF]
G.S. 25-2-713 25-2-713. Buyer's damages for nondelivery or repudiation.[HTML] [RTF]
G.S. 25-2-714 25-2-714. Buyer's damages for breach in regard to accepted goods.[HTML] [RTF]
G.S. 25-2-715 25-2-715. Buyer's incidental and consequential damages.[HTML] [RTF]
G.S. 25-2-716 25-2-716. Buyer's right to specific performance or replevin.[HTML] [RTF]
G.S. 25-2-717 25-2-717. Deduction of damages from the price.[HTML] [RTF]
G.S. 25-2-718 25-2-718. Liquidation or limitation of damages; deposits.[HTML] [RTF]
G.S. 25-2-719 25-2-719. Contractual modification or limitation of remedy.[HTML] [RTF]
G.S. 25-2-720 25-2-720. Effect of "cancellation" or "rescission" on claims for antecedent breach.[HTML] [RTF]
G.S. 25-2-721 25-2-721. Remedies for fraud.[HTML] [RTF]
G.S. 25-2-722 25-2-722. Who can sue third parties for injury to goods.[HTML] [RTF]
G.S. 25-2-723 25-2-723. Proof of market price; time and place.[HTML] [RTF]
G.S. 25-2-724 25-2-724. Admissibility of market quotations.[HTML] [RTF]
G.S. 25-2-725 25-2-725. Statute of limitations in contracts for sale.[HTML] [RTF]
Article 2A - Leases. [HTML] [RTF]
G.S. 25-2A-101 25-2A-101. Short title.[HTML] [RTF]
G.S. 25-2A-102 25-2A-102. Scope.[HTML] [RTF]
G.S. 25-2A-103 25-2A-103. Definitions and index of definitions.[HTML] [RTF]
G.S. 25-2A-104 25-2A-104. Leases subject to other law.[HTML] [RTF]
G.S. 25-2A-105 25-2A-105. Territorial application of Article to goods covered by certificate of title.[HTML] [RTF]
G.S. 25-2A-106 25-2A-106. Limitation on power of parties to consumer lease to choose applicable law and judicial forum.[HTML] [RTF]
G.S. 25-2A-107 25-2A-107. Waiver or renunciation of claim or right after default.[HTML] [RTF]
G.S. 25-2A-108 25-2A-108. Unconscionability.[HTML] [RTF]
G.S. 25-2A-109 25-2A-109. Option to accelerate at will.[HTML] [RTF]
G.S. 25-2A-201 25-2A-201. Statute of frauds.[HTML] [RTF]
G.S. 25-2A-202 25-2A-202. Final written expression: parol or extrinsic evidence.[HTML] [RTF]
G.S. 25-2A-203 25-2A-203. Seals inoperative.[HTML] [RTF]
G.S. 25-2A-204 25-2A-204. Formation in general.[HTML] [RTF]
G.S. 25-2A-205 25-2A-205. Firm offers.[HTML] [RTF]
G.S. 25-2A-206 25-2A-206. Offer and acceptance in formation of lease contract.[HTML] [RTF]
G.S. 25-2A-207 25-2A-207: Repealed by Session Laws 2006-112, s. 6, effective October 1, 2006.[HTML] [RTF]
G.S. 25-2A-208 25-2A-208. Modification, rescission and waiver.[HTML] [RTF]
G.S. 25-2A-209 25-2A-209. Lessee under finance lease as beneficiary of supply contract.[HTML] [RTF]
G.S. 25-2A-210 25-2A-210. Express warranties.[HTML] [RTF]
G.S. 25-2A-211 25-2A-211. Warranties against interference and against infringement; lessee's obligation against infringement.[HTML] [RTF]
G.S. 25-2A-212 25-2A-212. Implied warranty of merchantability.[HTML] [RTF]
G.S. 25-2A-213 25-2A-213. Implied warranty of fitness for particular purpose.[HTML] [RTF]
G.S. 25-2A-214 25-2A-214. Exclusion or modification of warranties.[HTML] [RTF]
G.S. 25-2A-215 25-2A-215. Cumulation and conflict of warranties express or implied.[HTML] [RTF]
G.S. 25-2A-216 25-2A-216. Third-party beneficiaries of express and implied warranties.[HTML] [RTF]
G.S. 25-2A-217 25-2A-217. Identification.[HTML] [RTF]
G.S. 25-2A-218 25-2A-218. Insurance and proceeds.[HTML] [RTF]
G.S. 25-2A-219 25-2A-219. Risk of loss.[HTML] [RTF]
G.S. 25-2A-220 25-2A-220. Effect of default on risk of loss.[HTML] [RTF]
G.S. 25-2A-221 25-2A-221. Casualty to identified goods.[HTML] [RTF]
G.S. 25-2A-301 25-2A-301. Enforceability of lease contract.[HTML] [RTF]
G.S. 25-2A-302 25-2A-302. Title to and possession of goods.[HTML] [RTF]
G.S. 25-2A-303 25-2A-303. Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights.[HTML] [RTF]
G.S. 25-2A-304 25-2A-304. Subsequent lease of goods by lessor.[HTML] [RTF]
G.S. 25-2A-305 25-2A-305. Sale or sublease of goods by lessee.[HTML] [RTF]
G.S. 25-2A-306 25-2A-306. Priority of certain liens arising by operation of law.[HTML] [RTF]
G.S. 25-2A-307 25-2A-307. Priority of liens arising by attachment or levy on, security interests in, and other claims to goods.[HTML] [RTF]
G.S. 25-2A-308 25-2A-308. Special rights of creditors.[HTML] [RTF]
G.S. 25-2A-309 25-2A-309. Lessor's and lessee's rights when goods become fixtures.[HTML] [RTF]
G.S. 25-2A-310 25-2A-310. Lessor's and lessee's rights when goods become accessions.[HTML] [RTF]
G.S. 25-2A-401 25-2A-401. Insecurity: adequate assurance of performance.[HTML] [RTF]
G.S. 25-2A-402 25-2A-402. Anticipatory repudiation.[HTML] [RTF]
G.S. 25-2A-403 25-2A-403. Retraction of anticipatory repudiation.[HTML] [RTF]
G.S. 25-2A-404 25-2A-404. Substituted performance.[HTML] [RTF]
G.S. 25-2A-405 25-2A-405. Excused performance.[HTML] [RTF]
G.S. 25-2A-406 25-2A-406. Procedure on excused performance.[HTML] [RTF]
G.S. 25-2A-407 25-2A-407. Irrevocable promises: finance leases.[HTML] [RTF]
G.S. 25-2A-501 25-2A-501. Default: procedure.[HTML] [RTF]
G.S. 25-2A-502 25-2A-502. Notice after default.[HTML] [RTF]
G.S. 25-2A-503 25-2A-503. Modification or impairment of rights and remedies.[HTML] [RTF]
G.S. 25-2A-504 25-2A-504. Liquidation of damages.[HTML] [RTF]
G.S. 25-2A-505 25-2A-505. Cancellation and termination and effect of cancellation, termination, rescission, or fraud on rights and remedies.[HTML] [RTF]
G.S. 25-2A-506 25-2A-506. Statute of limitations.[HTML] [RTF]
G.S. 25-2A-507 25-2A-507. Proof of market rent: time and place.[HTML] [RTF]
G.S. 25-2A-508 25-2A-508. Lessee's remedies.[HTML] [RTF]
G.S. 25-2A-509 25-2A-509. Lessee's rights on improper delivery; rightful rejection.[HTML] [RTF]
G.S. 25-2A-510 25-2A-510. Installment lease contracts; rejection and default.[HTML] [RTF]
G.S. 25-2A-511 25-2A-511. Merchant lessee's duties as to rightfully rejected goods.[HTML] [RTF]
G.S. 25-2A-512 25-2A-512. Lessee's duties as to rightfully rejected goods.[HTML] [RTF]
G.S. 25-2A-513 25-2A-513. Cure by lessor of improper tender or delivery; replacement.[HTML] [RTF]
G.S. 25-2A-514 25-2A-514. Waiver of lessee's objections.[HTML] [RTF]
G.S. 25-2A-515 25-2A-515. Acceptance of goods.[HTML] [RTF]
G.S. 25-2A-516 25-2A-516. Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over.[HTML] [RTF]
G.S. 25-2A-517 25-2A-517. Revocation of acceptance of goods.[HTML] [RTF]
G.S. 25-2A-518 25-2A-518. Cover; substitute goods.[HTML] [RTF]
G.S. 25-2A-519 25-2A-519. Lessee's damages for nondelivery, repudiation, default, and breach of warranty in regard to accepted goods.[HTML] [RTF]
G.S. 25-2A-520 25-2A-520. Lessee's incidental and consequential damages.[HTML] [RTF]
G.S. 25-2A-521 25-2A-521. Lessee's right to specific performance or replevin.[HTML] [RTF]
G.S. 25-2A-522 25-2A-522. Lessee's right to goods on lessor's insolvency.[HTML] [RTF]
G.S. 25-2A-523 25-2A-523. Lessor's remedies.[HTML] [RTF]
G.S. 25-2A-524 25-2A-524. Lessor's right to identify goods to lease contract.[HTML] [RTF]
G.S. 25-2A-525 25-2A-525. Lessor's right to possession of goods.[HTML] [RTF]
G.S. 25-2A-526 25-2A-526. Lessor's stoppage of delivery in transit or otherwise.[HTML] [RTF]
G.S. 25-2A-527 25-2A-527. Lessor's rights to dispose of goods.[HTML] [RTF]
G.S. 25-2A-528 25-2A-528. Lessor's damages for nonacceptance, failure to pay, repudiation, or other default.[HTML] [RTF]
G.S. 25-2A-529 25-2A-529. Lessor's action for the rent.[HTML] [RTF]
G.S. 25-2A-530 25-2A-530. Lessor's incidental damages.[HTML] [RTF]
G.S. 25-2A-531 25-2A-531. Standing to sue third parties for injury to goods.[HTML] [RTF]
G.S. 25-2A-532 25-2A-532. Lessor's rights to residual interest.[HTML] [RTF]
Article 3 - Negotiable Instruments. [HTML] [RTF]
G.S. 25-3-101 25-3-101. Short title.[HTML] [RTF]
G.S. 25-3-102 25-3-102. Subject matter.[HTML] [RTF]
G.S. 25-3-103 25-3-103. Definitions.[HTML] [RTF]
G.S. 25-3-104 25-3-104. Negotiable instrument.[HTML] [RTF]
G.S. 25-3-105 25-3-105. Issue of instrument.[HTML] [RTF]
G.S. 25-3-106 25-3-106. Unconditional promise or order.[HTML] [RTF]
G.S. 25-3-107 25-3-107. Instrument payable in foreign money.[HTML] [RTF]
G.S. 25-3-108 25-3-108. Payable on demand or at definite time.[HTML] [RTF]
G.S. 25-3-109 25-3-109. Payable to bearer or to order.[HTML] [RTF]
G.S. 25-3-110 25-3-110. Identification of person to whom instrument is payable.[HTML] [RTF]
G.S. 25-3-111 25-3-111. Place of payment.[HTML] [RTF]
G.S. 25-3-112 25-3-112. Interest.[HTML] [RTF]
G.S. 25-3-113 25-3-113. Date of instrument.[HTML] [RTF]
G.S. 25-3-114 25-3-114. Contradictory terms of instrument.[HTML] [RTF]
G.S. 25-3-115 25-3-115. Incomplete instrument.[HTML] [RTF]
G.S. 25-3-116 25-3-116. Joint and several liability; contribution.[HTML] [RTF]
G.S. 25-3-117 25-3-117. Other agreements affecting instrument.[HTML] [RTF]
G.S. 25-3-118 25-3-118. Statute of limitations.[HTML] [RTF]
G.S. 25-3-119 25-3-119. Notice of right to defend action.[HTML] [RTF]
G.S. 25-3-201 25-3-201. Negotiation.[HTML] [RTF]
G.S. 25-3-202 25-3-202. Negotiation subject to rescission.[HTML] [RTF]
G.S. 25-3-203 25-3-203. Transfer of instrument; rights acquired by transfer.[HTML] [RTF]
G.S. 25-3-204 25-3-204. Indorsement.[HTML] [RTF]
G.S. 25-3-205 25-3-205. Special indorsement; blank indorsement; anomalous indorsement.[HTML] [RTF]
G.S. 25-3-206 25-3-206. Restrictive indorsement.[HTML] [RTF]
G.S. 25-3-207 25-3-207. Reacquisition.[HTML] [RTF]
G.S. 25-3-301 25-3-301. Person entitled to enforce instrument.[HTML] [RTF]
G.S. 25-3-302 25-3-302. Holder in due course.[HTML] [RTF]
G.S. 25-3-303 25-3-303. Value and consideration.[HTML] [RTF]
G.S. 25-3-304 25-3-304. Overdue instrument.[HTML] [RTF]
G.S. 25-3-305 25-3-305. Defenses and claims in recoupment.[HTML] [RTF]
G.S. 25-3-306 25-3-306. Claims to an instrument.[HTML] [RTF]
G.S. 25-3-307 25-3-307. Notice of breach of fiduciary duty.[HTML] [RTF]
G.S. 25-3-308 25-3-308. Proof of signatures and status as holder in due course.[HTML] [RTF]
G.S. 25-3-309 25-3-309. Enforcement of lost, destroyed, or stolen instrument.[HTML] [RTF]
G.S. 25-3-310 25-3-310. Effect of instrument on obligation for which taken.[HTML] [RTF]
G.S. 25-3-311 25-3-311. Accord and satisfaction by use of instrument.[HTML] [RTF]
G.S. 25-3-312 25-3-312. Lost, destroyed, or stolen cashier's check, teller's check, or certified check.[HTML] [RTF]
G.S. 25-3-401 25-3-401. Signature.[HTML] [RTF]
G.S. 25-3-402 25-3-402. Signature by representative.[HTML] [RTF]
G.S. 25-3-403 25-3-403. Unauthorized signature.[HTML] [RTF]
G.S. 25-3-404 25-3-404. Impostors; fictitious payees.[HTML] [RTF]
G.S. 25-3-405 25-3-405. Employer's responsibility for fraudulent indorsement by employee.[HTML] [RTF]
G.S. 25-3-406 25-3-406. Negligence contributing to forged signature or alteration of instrument.[HTML] [RTF]
G.S. 25-3-407 25-3-407. Alteration.[HTML] [RTF]
G.S. 25-3-408 25-3-408. Drawee not liable on unaccepted draft.[HTML] [RTF]
G.S. 25-3-409 25-3-409. Acceptance of draft; certified check.[HTML] [RTF]
G.S. 25-3-410 25-3-410. Acceptance varying draft.[HTML] [RTF]
G.S. 25-3-411 25-3-411. Refusal to pay cashier's checks, teller's checks, and certified checks.[HTML] [RTF]
G.S. 25-3-412 25-3-412. Obligation of issuer of note or cashier's check.[HTML] [RTF]
G.S. 25-3-413 25-3-413. Obligation of acceptor.[HTML] [RTF]
G.S. 25-3-414 25-3-414. Obligation of drawer.[HTML] [RTF]
G.S. 25-3-415 25-3-415. Obligation of indorser.[HTML] [RTF]
G.S. 25-3-416 25-3-416. Transfer warranties.[HTML] [RTF]
G.S. 25-3-417 25-3-417. Presentment warranties.[HTML] [RTF]
G.S. 25-3-418 25-3-418. Payment or acceptance by mistake.[HTML] [RTF]
G.S. 25-3-419 25-3-419. Instruments signed for accommodation.[HTML] [RTF]
G.S. 25-3-420 25-3-420. Conversion of instrument.[HTML] [RTF]
G.S. 25-3-501 25-3-501. Presentment.[HTML] [RTF]
G.S. 25-3-502 25-3-502. Dishonor.[HTML] [RTF]
G.S. 25-3-503 25-3-503. Notice of dishonor.[HTML] [RTF]
G.S. 25-3-504 25-3-504. Excused presentment and notice of dishonor.[HTML] [RTF]
G.S. 25-3-505 25-3-505. Evidence of dishonor.[HTML] [RTF]
G.S. 25-3-506 25-3-506. Collection of processing fee for returned checks.[HTML] [RTF]
G.S. 25-3-601 25-3-601. Discharge and effect of discharge.[HTML] [RTF]
G.S. 25-3-602 25-3-602. Payment.[HTML] [RTF]
G.S. 25-3-603 25-3-603. Tender of payment.[HTML] [RTF]
G.S. 25-3-604 25-3-604. Discharge by cancellation or renunciation.[HTML] [RTF]
G.S. 25-3-605 25-3-605. Discharge of indorsers and accommodation parties.[HTML] [RTF]
Article 4 - Bank Deposits and Collections. [HTML] [RTF]
G.S. 25-4-101 25-4-101. Short title.[HTML] [RTF]
G.S. 25-4-102 25-4-102. Applicability.[HTML] [RTF]
G.S. 25-4-103 25-4-103. Variation by agreement; measure of damages; action constituting ordinary care.[HTML] [RTF]
G.S. 25-4-104 25-4-104. Definitions and index of definitions.[HTML] [RTF]
G.S. 25-4-105 25-4-105. "Bank"; "depositary bank"; "intermediary bank"; "collecting bank"; "payor bank"; "presenting bank".[HTML] [RTF]
G.S. 25-4-105.1 25-4-105.1. Payable through or payable at bank; collecting bank.[HTML] [RTF]
G.S. 25-4-106 25-4-106. Separate office of a bank.[HTML] [RTF]
G.S. 25-4-107 25-4-107. Time of receipt of items.[HTML] [RTF]
G.S. 25-4-108 25-4-108. Delays.[HTML] [RTF]
G.S. 25-4-109 25-4-109: Repealed by Session Laws 1995, c. 232, s. 2.[HTML] [RTF]
G.S. 25-4-110 25-4-110. Electronic presentment.[HTML] [RTF]
G.S. 25-4-111 25-4-111. Statute of limitations.[HTML] [RTF]
G.S. 25-4-201 25-4-201. Status of collecting bank as agent and provisional status of credits; applicability of Article; item indorsed "pay any bank".[HTML] [RTF]
G.S. 25-4-202 25-4-202. Responsibility for collection or return; when action timely.[HTML] [RTF]
G.S. 25-4-203 25-4-203. Effect of instructions.[HTML] [RTF]
G.S. 25-4-204 25-4-204. Methods of sending and presenting; sending directly to payor.[HTML] [RTF]
G.S. 25-4-205 25-4-205. Depositary bank holder of unindorsed item.[HTML] [RTF]
G.S. 25-4-206 25-4-206. Transfer between banks.[HTML] [RTF]
G.S. 25-4-207 25-4-207. Transfer warranties.[HTML] [RTF]
G.S. 25-4-207.1 25-4-207.1. Presentment warranties.[HTML] [RTF]
G.S. 25-4-207.2 25-4-207.2. Encoding and retention warranties.[HTML] [RTF]
G.S. 25-4-208 25-4-208. Security interest of collecting bank in items, accompanying documents and proceeds.[HTML] [RTF]
G.S. 25-4-209 25-4-209. When bank gives value for purposes of holder in due course.[HTML] [RTF]
G.S. 25-4-210 25-4-210. Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser.[HTML] [RTF]
G.S. 25-4-211 25-4-211. Medium and time of settlement by bank.[HTML] [RTF]
G.S. 25-4-212 25-4-212. Right of charge-back or refund; liability of collecting bank; return of item.[HTML] [RTF]
G.S. 25-4-213 25-4-213. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal.[HTML] [RTF]
G.S. 25-4-214 25-4-214. Insolvency and preference.[HTML] [RTF]
G.S. 25-4-301 25-4-301. Deferred posting; recovery of payment by return of items; time of dishonor; return of items by payor bank.[HTML] [RTF]
G.S. 25-4-302 25-4-302. Payor bank's responsibility for late return of item.[HTML] [RTF]
G.S. 25-4-303 25-4-303. When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified.[HTML] [RTF]
G.S. 25-4-401 25-4-401. When bank may charge customer's account.[HTML] [RTF]
G.S. 25-4-402 25-4-402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account.[HTML] [RTF]
G.S. 25-4-403 25-4-403. Customer's right to stop payment; burden of proof of loss.[HTML] [RTF]
G.S. 25-4-404 25-4-404. Bank not obligated to pay check more than six months old.[HTML] [RTF]
G.S. 25-4-405 25-4-405. Death or incompetence of customer.[HTML] [RTF]
G.S. 25-4-406 25-4-406. Customer's duty to discover and report unauthorized signature or alteration.[HTML] [RTF]
G.S. 25-4-407 25-4-407. Payor bank's right to subrogation on improper payment.[HTML] [RTF]
G.S. 25-4-501 25-4-501. Handling of documentary drafts; duty to send for presentment and to notify customer of dishonor.[HTML] [RTF]
G.S. 25-4-502 25-4-502. Presentment of "on arrival" drafts.[HTML] [RTF]
G.S. 25-4-503 25-4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need.[HTML] [RTF]
G.S. 25-4-504 25-4-504. Privilege of presenting bank to deal with goods; security interest for expenses.[HTML] [RTF]
Article 4A - Funds Transfers. [HTML] [RTF]
G.S. 25-4A-101 25-4A-101. Short title.[HTML] [RTF]
G.S. 25-4A-102 25-4A-102. Subject matter.[HTML] [RTF]
G.S. 25-4A-103 25-4A-103. Payment order - definitions.[HTML] [RTF]
G.S. 25-4A-104 25-4A-104. Funds transfer - definitions.[HTML] [RTF]
G.S. 25-4A-105 25-4A-105. Other definitions.[HTML] [RTF]
G.S. 25-4A-106 25-4A-106. Time payment order is received.[HTML] [RTF]
G.S. 25-4A-107 25-4A-107. Federal reserve regulations and operating circulars.[HTML] [RTF]
G.S. 25-4A-108 25-4A-108. Relationship to Electronic Fund Transfer Act.[HTML] [RTF]
G.S. 25-4A-201 25-4A-201. Security procedure.[HTML] [RTF]
G.S. 25-4A-202 25-4A-202. Authorized and verified payment orders.[HTML] [RTF]
G.S. 25-4A-203 25-4A-203. Unenforceability of certain verified payment orders.[HTML] [RTF]
G.S. 25-4A-204 25-4A-204. Refund of payment and duty of customer to report with respect to unauthorized payment order.[HTML] [RTF]
G.S. 25-4A-205 25-4A-205. Erroneous payment orders.[HTML] [RTF]
G.S. 25-4A-206 25-4A-206. Transmission of payment order through funds-transfer or other communication system.[HTML] [RTF]
G.S. 25-4A-207 25-4A-207. Misdescription of beneficiary.[HTML] [RTF]
G.S. 25-4A-208 25-4A-208. Misdescription of intermediary bank or beneficiary's bank.[HTML] [RTF]
G.S. 25-4A-209 25-4A-209. Acceptance of payment order.[HTML] [RTF]
G.S. 25-4A-210 25-4A-210. Rejection of payment order.[HTML] [RTF]
G.S. 25-4A-211 25-4A-211. Cancellation and amendment of payment order.[HTML] [RTF]
G.S. 25-4A-212 25-4A-212. Liability and duty of receiving bank regarding unaccepted payment order.[HTML] [RTF]
G.S. 25-4A-301 25-4A-301. Execution and execution date.[HTML] [RTF]
G.S. 25-4A-302 25-4A-302. Obligations of receiving bank in execution of payment order.[HTML] [RTF]
G.S. 25-4A-303 25-4A-303. Erroneous execution of payment order.[HTML] [RTF]
G.S. 25-4A-304 25-4A-304. Duty of sender to report erroneously executed payment order.[HTML] [RTF]
G.S. 25-4A-305 25-4A-305. Liability for late or improper execution or failure to execute payment order.[HTML] [RTF]
G.S. 25-4A-401 25-4A-401. Payment date.[HTML] [RTF]
G.S. 25-4A-402 25-4A-402. Obligation of sender to pay receiving bank.[HTML] [RTF]
G.S. 25-4A-403 25-4A-403. Payment by sender to receiving bank.[HTML] [RTF]
G.S. 25-4A-404 25-4A-404. Obligation of beneficiary's bank to pay and give notice to beneficiary.[HTML] [RTF]
G.S. 25-4A-405 25-4A-405. Payment by beneficiary's bank to beneficiary.[HTML] [RTF]
G.S. 25-4A-406 25-4A-406. Payment by originator to beneficiary; discharge of underlying obligation.[HTML] [RTF]
G.S. 25-4A-501 25-4A-501. Variation by agreement and effect of funds-transfer system rule.[HTML] [RTF]
G.S. 25-4A-502 25-4A-502. Creditor process served on receiving bank; setoff by beneficiary's bank.[HTML] [RTF]
G.S. 25-4A-503 25-4A-503. Injunction or restraining order with respect to funds transfer.[HTML] [RTF]
G.S. 25-4A-504 25-4A-504. Order in which items and payment orders may be charged to account; order of withdrawals from account.[HTML] [RTF]
G.S. 25-4A-505 25-4A-505. Preclusion of objection to debit of customer's account.[HTML] [RTF]
G.S. 25-4A-506 25-4A-506. Rate of interest.[HTML] [RTF]
G.S. 25-4A-507 25-4A-507. Choice of law.[HTML] [RTF]
Article 5 - Letters of Credit. [HTML] [RTF]
G.S. 25-5-101 25-5-101. Short title.[HTML] [RTF]
G.S. 25-5-102 25-5-102. Definitions.[HTML] [RTF]
G.S. 25-5-103 25-5-103. Scope.[HTML] [RTF]
G.S. 25-5-104 25-5-104. Formal requirements.[HTML] [RTF]
G.S. 25-5-105 25-5-105. Consideration.[HTML] [RTF]
G.S. 25-5-106 25-5-106. Issuance, amendment, cancellation, and duration.[HTML] [RTF]
G.S. 25-5-107 25-5-107. Confirmer, nominated person, and adviser.[HTML] [RTF]
G.S. 25-5-108 25-5-108. Issuer's rights and obligations.[HTML] [RTF]
G.S. 25-5-109 25-5-109. Fraud and forgery.[HTML] [RTF]
G.S. 25-5-110 25-5-110. Warranties.[HTML] [RTF]
G.S. 25-5-111 25-5-111. Remedies.[HTML] [RTF]
G.S. 25-5-112 25-5-112. Transfer of letter of credit.[HTML] [RTF]
G.S. 25-5-113 25-5-113. Transfer by operation of law.[HTML] [RTF]
G.S. 25-5-114 25-5-114. Assignment of proceeds.[HTML] [RTF]
G.S. 25-5-115 25-5-115. Statute of limitations.[HTML] [RTF]
G.S. 25-5-116 25-5-116. Choice of law and forum.[HTML] [RTF]
G.S. 25-5-117 25-5-117. Subrogation of issuer, applicant, and nominated person.[HTML] [RTF]
G.S. 25-5-118 25-5-118. Security interest of issuer or nominated person.[HTML] [RTF]
Article 6 - Bulk Transfers. [HTML] [RTF]
G.S. 25-6-101 25-6-101 through 25-6-105: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-102 25-6-101 through 25-6-105: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-103 25-6-101 through 25-6-105: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-104 25-6-101 through 25-6-105: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-105 25-6-101 through 25-6-105: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-106 25-6-106. Repealed by Session Laws 1967, c. 562, s. 1, effective at midnight June 30, 1967.[HTML] [RTF]
G.S. 25-6-107 25-6-107 through 25-6-111: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-108 25-6-107 through 25-6-111: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-109 25-6-107 through 25-6-111: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-110 25-6-107 through 25-6-111: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
G.S. 25-6-111 25-6-107 through 25-6-111: Repealed by Session Laws 2004-190, s. 1, effective January 1, 2005.[HTML] [RTF]
Article 7 - Warehouse Receipts, Bills of Lading and Other Documents of Title. [HTML] [RTF]
G.S. 25-7-101 25-7-101. Short title.[HTML] [RTF]
G.S. 25-7-102 25-7-102. Definitions and index of definitions.[HTML] [RTF]
G.S. 25-7-103 25-7-103. Relation of Article to treaty or statute.[HTML] [RTF]
G.S. 25-7-104 25-7-104. Negotiable and nonnegotiable document of title.[HTML] [RTF]
G.S. 25-7-105 25-7-105. Reissuance in alternative medium.[HTML] [RTF]
G.S. 25-7-106 25-7-106. Control of electronic document of title.[HTML] [RTF]
G.S. 25-7-201 25-7-201. Person that may issue a warehouse receipt; storage under bond.[HTML] [RTF]
G.S. 25-7-202 25-7-202. Form of warehouse receipt; effect of omission.[HTML] [RTF]
G.S. 25-7-203 25-7-203. Liability for nonreceipt or misdescription.[HTML] [RTF]
G.S. 25-7-204 25-7-204. Duty of care; contractual limitation of warehouse's liability.[HTML] [RTF]
G.S. 25-7-205 25-7-205. Title under warehouse receipt defeated in certain cases.[HTML] [RTF]
G.S. 25-7-206 25-7-206. Termination of storage at warehouse's option.[HTML] [RTF]
G.S. 25-7-207 25-7-207. Goods must be kept separate; fungible goods.[HTML] [RTF]
G.S. 25-7-208 25-7-208. Altered warehouse receipts.[HTML] [RTF]
G.S. 25-7-209 25-7-209. Lien of warehouse.[HTML] [RTF]
G.S. 25-7-210 25-7-210. Enforcement of warehouse's lien.[HTML] [RTF]
G.S. 25-7-301 25-7-301. Liability for nonreceipt or misdescription; "said to contain"; "shipper's weight, load, and count"; improper handling.[HTML] [RTF]
G.S. 25-7-302 25-7-302. Through bills of lading and similar documents of title.[HTML] [RTF]
G.S. 25-7-303 25-7-303. Diversion; reconsignment; change of instructions.[HTML] [RTF]
G.S. 25-7-304 25-7-304. Tangible bills of lading in a set.[HTML] [RTF]
G.S. 25-7-305 25-7-305. Destination bills.[HTML] [RTF]
G.S. 25-7-306 25-7-306. Altered bills of lading.[HTML] [RTF]
G.S. 25-7-307 25-7-307. Lien of carrier.[HTML] [RTF]
G.S. 25-7-308 25-7-308. Enforcement of carrier's lien.[HTML] [RTF]
G.S. 25-7-309 25-7-309. Duty of care; contractual limitation of carrier's liability.[HTML] [RTF]
G.S. 25-7-401 25-7-401. Irregularities in issue of receipt or bill or conduct of issuer.[HTML] [RTF]
G.S. 25-7-402 25-7-402. Duplicate document of title; overissue.[HTML] [RTF]
G.S. 25-7-403 25-7-403. Obligation of bailee to deliver; excuse.[HTML] [RTF]
G.S. 25-7-404 25-7-404. No liability for good-faith delivery pursuant to document of title.[HTML] [RTF]
G.S. 25-7-501 25-7-501. Form of negotiation and requirements of due negotiation.[HTML] [RTF]
G.S. 25-7-502 25-7-502. Rights acquired by due negotiation.[HTML] [RTF]
G.S. 25-7-503 25-7-503. Document of title to goods defeated in certain cases.[HTML] [RTF]
G.S. 25-7-504 25-7-504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery.[HTML] [RTF]
G.S. 25-7-505 25-7-505. Indorser not guarantor for other parties.[HTML] [RTF]
G.S. 25-7-506 25-7-506. Delivery without indorsement; right to compel indorsement.[HTML] [RTF]
G.S. 25-7-507 25-7-507. Warranties on negotiation or delivery of document of title.[HTML] [RTF]
G.S. 25-7-508 25-7-508. Warranties of collecting bank as to documents of title.[HTML] [RTF]
G.S. 25-7-509 25-7-509. Adequate compliance with commercial contract.[HTML] [RTF]
G.S. 25-7-601 25-7-601. Lost, stolen, or destroyed documents of title.[HTML] [RTF]
G.S. 25-7-602 25-7-602. Judicial process against goods covered by negotiable document of title.[HTML] [RTF]
G.S. 25-7-603 25-7-603. Conflicting claims; interpleader.[HTML] [RTF]
Article 8 - Investment Securities. [HTML] [RTF]
G.S. 25-8-101 25-8-101. Short title.[HTML] [RTF]
G.S. 25-8-102 25-8-102. Definitions.[HTML] [RTF]
G.S. 25-8-103 25-8-103. Rules for determining whether certain obligations and interests are securities or financial assets.[HTML] [RTF]
G.S. 25-8-104 25-8-104. Acquisition of security or financial asset or interest therein.[HTML] [RTF]
G.S. 25-8-105 25-8-105. Notice of adverse claim.[HTML] [RTF]
G.S. 25-8-106 25-8-106. Control.[HTML] [RTF]
G.S. 25-8-107 25-8-107. Whether indorsement, instruction, or entitlement order is effective.[HTML] [RTF]
G.S. 25-8-108 25-8-108. Warranties in direct holding.[HTML] [RTF]
G.S. 25-8-109 25-8-109. Warranties in indirect holding.[HTML] [RTF]
G.S. 25-8-110 25-8-110. Applicability; choice of law.[HTML] [RTF]
G.S. 25-8-111 25-8-111. Clearing corporation rules.[HTML] [RTF]
G.S. 25-8-112 25-8-112. Creditor's legal process.[HTML] [RTF]
G.S. 25-8-113 25-8-113. Statute of frauds inapplicable.[HTML] [RTF]
G.S. 25-8-114 25-8-114. Evidentiary rules concerning certificated securities.[HTML] [RTF]
G.S. 25-8-115 25-8-115. Securities intermediary and others not liable to adverse claimant.[HTML] [RTF]
G.S. 25-8-116 25-8-116. Securities intermediary as purchaser for value.[HTML] [RTF]
G.S. 25-8-201 25-8-201. Issuer.[HTML] [RTF]
G.S. 25-8-202 25-8-202. Issuer's responsibility and defenses; notice of defect or defense.[HTML] [RTF]
G.S. 25-8-203 25-8-203. Staleness as notice of defect or defense.[HTML] [RTF]
G.S. 25-8-204 25-8-204. Effect of issuer's restriction on transfer.[HTML] [RTF]
G.S. 25-8-205 25-8-205. Effect of unauthorized signature on security certificate.[HTML] [RTF]
G.S. 25-8-206 25-8-206. Completion of alteration of security certificate.[HTML] [RTF]
G.S. 25-8-207 25-8-207. Rights and duties of issuer with respect to registered owners.[HTML] [RTF]
G.S. 25-8-208 25-8-208. Effect of signature of authenticating trustee, registrar, or transfer agent.[HTML] [RTF]
G.S. 25-8-209 25-8-209. Issuer's lien.[HTML] [RTF]
G.S. 25-8-210 25-8-210. Overissue.[HTML] [RTF]
G.S. 25-8-301 25-8-301. Delivery.[HTML] [RTF]
G.S. 25-8-302 25-8-302. Rights of purchaser.[HTML] [RTF]
G.S. 25-8-303 25-8-303. Protected purchaser.[HTML] [RTF]
G.S. 25-8-304 25-8-304. Indorsement.[HTML] [RTF]
G.S. 25-8-305 25-8-305. Instruction.[HTML] [RTF]
G.S. 25-8-306 25-8-306. Effect of guaranteeing signature, indorsement, or instruction.[HTML] [RTF]
G.S. 25-8-307 25-8-307. Purchaser's right to requisites for registration of transfer.[HTML] [RTF]
G.S. 25-8-401 25-8-401. Duty of issuer to register transfer.[HTML] [RTF]
G.S. 25-8-402 25-8-402. Assurance that indorsement or instruction is effective.[HTML] [RTF]
G.S. 25-8-403 25-8-403. Demand that issuer not register transfer.[HTML] [RTF]
G.S. 25-8-404 25-8-404. Wrongful registration.[HTML] [RTF]
G.S. 25-8-405 25-8-405. Replacement of lost, destroyed, or wrongfully taken security certificate.[HTML] [RTF]
G.S. 25-8-406 25-8-406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate.[HTML] [RTF]
G.S. 25-8-407 25-8-407. Authenticating trustee, transfer agent, and registrar.[HTML] [RTF]
G.S. 25-8-501 25-8-501. Securities account; acquisition of security entitlement from securities intermediary.[HTML] [RTF]
G.S. 25-8-502 25-8-502. Assertion of adverse claim against entitlement holder.[HTML] [RTF]
G.S. 25-8-503 25-8-503. Property interest of entitlement holder in financial asset held by securities intermediary.[HTML] [RTF]
G.S. 25-8-504 25-8-504. Duty of securities intermediary to maintain financial asset.[HTML] [RTF]
G.S. 25-8-505 25-8-505. Duty of securities intermediary with respect to payments and distributions.[HTML] [RTF]
G.S. 25-8-506 25-8-506. Duty of securities intermediary to exercise rights as directed by entitlement holder.[HTML] [RTF]
G.S. 25-8-507 25-8-507. Duty of securities intermediary to comply with entitlement order.[HTML] [RTF]
G.S. 25-8-508 25-8-508. Duty of securities intermediary to change entitlement holder's position to other form of security holding.[HTML] [RTF]
G.S. 25-8-509 25-8-509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder.[HTML] [RTF]
G.S. 25-8-510 25-8-510. Rights of purchaser of security entitlement from entitlement holder.[HTML] [RTF]
G.S. 25-8-511 25-8-511. Priority among security interests and entitlement holders.[HTML] [RTF]
Article 9 - Secured Transactions. [HTML] [RTF]
G.S. 25-9-101 25-9-101. Short title.[HTML] [RTF]
G.S. 25-9-102 25-9-102. Definitions and index of definitions.[HTML] [RTF]
G.S. 25-9-103 25-9-103. Purchase-money security interest; application of payments; burden of establishing.[HTML] [RTF]
G.S. 25-9-103.1 25-9-103.1. Production-money crops; production-money obligation; production-money security interest; burden of establishing.[HTML] [RTF]
G.S. 25-9-104 25-9-104. Control of deposit account.[HTML] [RTF]
G.S. 25-9-105 25-9-105. Control of electronic chattel paper.[HTML] [RTF]
G.S. 25-9-106 25-9-106. Control of investment property.[HTML] [RTF]
G.S. 25-9-107 25-9-107. Control of letter-of-credit right.[HTML] [RTF]
G.S. 25-9-108 25-9-108. Sufficiency of description.[HTML] [RTF]
G.S. 25-9-109 25-9-109. Scope.[HTML] [RTF]
G.S. 25-9-110 25-9-110. Security interests arising under Article 2 or 2A of this Chapter.[HTML] [RTF]
G.S. 25-9-111 25-9-111: Deleted or Recodified.[HTML] [RTF]
G.S. 25-9-112 25-9-112: Deleted or Recodified.[HTML] [RTF]
G.S. 25-9-113 25-9-113: Deleted or Recodified.[HTML] [RTF]
G.S. 25-9-114 25-9-114: Deleted or Recodified.[HTML] [RTF]
G.S. 25-9-115 25-9-115: Deleted or Recodified.[HTML] [RTF]
G.S. 25-9-116 25-9-116: Deleted or Recodified.[HTML] [RTF]
G.S. 25-9-201 25-9-201. General effectiveness of security agreement.[HTML] [RTF]
G.S. 25-9-202 25-9-202. Title to collateral immaterial.[HTML] [RTF]
G.S. 25-9-203 25-9-203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.[HTML] [RTF]
G.S. 25-9-204 25-9-204. After-acquired property; future advances.[HTML] [RTF]
G.S. 25-9-205 25-9-205. Use or disposition of collateral permissible.[HTML] [RTF]
G.S. 25-9-206 25-9-206. Security interest arising in purchase or delivery of financial asset.[HTML] [RTF]
G.S. 25-9-207 25-9-207. Rights and duties of secured party having possession or control of collateral.[HTML] [RTF]
G.S. 25-9-208 25-9-208. Additional duties of secured party having control of collateral.[HTML] [RTF]
G.S. 25-9-209 25-9-209. Duties of secured party if account debtor has been notified of assignment.[HTML] [RTF]
G.S. 25-9-210 25-9-210. Request for accounting; request regarding list of collateral or statement of account.[HTML] [RTF]
G.S. 25-9-301 25-9-301. Law governing perfection and priority of security interests.[HTML] [RTF]
G.S. 25-9-302 25-9-302. Law governing perfection and priority of agricultural liens.[HTML] [RTF]
G.S. 25-9-303 25-9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.[HTML] [RTF]
G.S. 25-9-304 25-9-304. Law governing perfection and priority of security interests in deposit accounts.[HTML] [RTF]
G.S. 25-9-305 25-9-305. Law governing perfection and priority of security interests in investment property.[HTML] [RTF]
G.S. 25-9-306 25-9-306. Law governing perfection and priority of security interests in letter-of-credit rights.[HTML] [RTF]
G.S. 25-9-307 25-9-307. Location of debtor.[HTML] [RTF]
G.S. 25-9-308 25-9-308. When security interest or agricultural lien is perfected; continuity of perfection.[HTML] [RTF]
G.S. 25-9-309 25-9-309. Security interest perfected upon attachment.[HTML] [RTF]
G.S. 25-9-310 25-9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.[HTML] [RTF]
G.S. 25-9-311 25-9-311. Perfection of security interests in property subject to certain statutes, regulations, and treaties.[HTML] [RTF]
G.S. 25-9-312 25-9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.[HTML] [RTF]
G.S. 25-9-313 25-9-313. When possession by or delivery to secured party perfects security interest without filing.[HTML] [RTF]
G.S. 25-9-314 25-9-314. Perfection by control.[HTML] [RTF]
G.S. 25-9-315 25-9-315. Secured party's rights on disposition of collateral and in proceeds.[HTML] [RTF]
G.S. 25-9-316 25-9-316. Effect of change in governing law.[HTML] [RTF]
G.S. 25-9-317 25-9-317. Interests that take priority over or take free of security interest or agricultural lien.[HTML] [RTF]
G.S. 25-9-318 25-9-318. No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.[HTML] [RTF]
G.S. 25-9-319 25-9-319. Rights and title of consignee with respect to creditors and purchasers.[HTML] [RTF]
G.S. 25-9-320 25-9-320. Buyer of goods.[HTML] [RTF]
G.S. 25-9-321 25-9-321. Licensee of general intangible and lessee of goods in ordinary course of business.[HTML] [RTF]
G.S. 25-9-322 25-9-322. Priorities among conflicting security interests in and agricultural liens on same collateral.[HTML] [RTF]
G.S. 25-9-323 25-9-323. Future advances.[HTML] [RTF]
G.S. 25-9-324 25-9-324. Priority of purchase-money security interests.[HTML] [RTF]
G.S. 25-9-324.1 25-9-324.1. Priority of production-money security interests and agricultural liens.[HTML] [RTF]
G.S. 25-9-325 25-9-325. Priority of security interests in transferred collateral.[HTML] [RTF]
G.S. 25-9-326 25-9-326. Priority of security interests created by new debtor.[HTML] [RTF]
G.S. 25-9-327 25-9-327. Priority of security interests in deposit account.[HTML] [RTF]
G.S. 25-9-328 25-9-328. Priority of security interests in investment property.[HTML] [RTF]
G.S. 25-9-329 25-9-329. Priority of security interests in letter-of-credit right.[HTML] [RTF]
G.S. 25-9-330 25-9-330. Priority of purchaser of chattel paper or instrument.[HTML] [RTF]
G.S. 25-9-331 25-9-331. Priority of rights of purchasers of instruments, documents, and securities under other Articles; priority of interests in financial assets and security entitlements under Article 8.[HTML] [RTF]
G.S. 25-9-332 25-9-332. Transfer of money; transfer of funds from deposit account.[HTML] [RTF]
G.S. 25-9-333 25-9-333. Priority of certain liens arising by operation of law.[HTML] [RTF]
G.S. 25-9-334 25-9-334. Priority of security interests in fixtures and crops.[HTML] [RTF]
G.S. 25-9-335 25-9-335. Accessions.[HTML] [RTF]
G.S. 25-9-336 25-9-336. Commingled goods.[HTML] [RTF]
G.S. 25-9-337 25-9-337. Priority of security interests in goods covered by certificate of title.[HTML] [RTF]
G.S. 25-9-338 25-9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.[HTML] [RTF]
G.S. 25-9-339 25-9-339. Priority subject to subordination.[HTML] [RTF]
G.S. 25-9-340 25-9-340. Effectiveness of right of recoupment or setoff against deposit account.[HTML] [RTF]
G.S. 25-9-341 25-9-341. Bank's rights and duties with respect to deposit account.[HTML] [RTF]
G.S. 25-9-342 25-9-342. Bank's right to refuse to enter into or disclose existence of control agreement.[HTML] [RTF]
G.S. 25-9-401 25-9-401. Alienability of debtor's rights.[HTML] [RTF]
G.S. 25-9-402 25-9-402. Secured party not obligated on contract of debtor or in tort.[HTML] [RTF]
G.S. 25-9-403 25-9-403. Agreement not to assert defenses against assignee.[HTML] [RTF]
G.S. 25-9-404 25-9-404. Rights acquired by assignee; claims and defenses against assignee.[HTML] [RTF]
G.S. 25-9-405 25-9-405. Modification of assigned contract.[HTML] [RTF]
G.S. 25-9-406 25-9-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.[HTML] [RTF]
G.S. 25-9-407 25-9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.[HTML] [RTF]
G.S. 25-9-408 25-9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.[HTML] [RTF]
G.S. 25-9-409 25-9-409. Restrictions on assignment of letter-of-credit rights ineffective.[HTML] [RTF]
G.S. 25-9-501 25-9-501. Filing offices.[HTML] [RTF]
G.S. 25-9-502 25-9-502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.[HTML] [RTF]
G.S. 25-9-503 25-9-503. Name of debtor and secured party.[HTML] [RTF]
G.S. 25-9-504 25-9-504. Indication of collateral.[HTML] [RTF]
G.S. 25-9-504.1 25-9-504.1. Deleted.[HTML] [RTF]
G.S. 25-9-504.2 25-9-504.2. Deleted.[HTML] [RTF]
G.S. 25-9-505 25-9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.[HTML] [RTF]
G.S. 25-9-506 25-9-506. Effect of errors or omissions.[HTML] [RTF]
G.S. 25-9-507 25-9-507. Effect of certain events on effectiveness of financing statement.[HTML] [RTF]
G.S. 25-9-508 25-9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.[HTML] [RTF]
G.S. 25-9-509 25-9-509. Persons entitled to file a record.[HTML] [RTF]
G.S. 25-9-510 25-9-510. Effectiveness of filed record.[HTML] [RTF]
G.S. 25-9-511 25-9-511. Secured party of record.[HTML] [RTF]
G.S. 25-9-512 25-9-512. Amendment of financing statement.[HTML] [RTF]
G.S. 25-9-513 25-9-513. Termination statement.[HTML] [RTF]
G.S. 25-9-514 25-9-514. Assignment of powers of secured party of record.[HTML] [RTF]
G.S. 25-9-515 25-9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement.[HTML] [RTF]
G.S. 25-9-516 25-9-516. What constitutes filing; effectiveness of filing.[HTML] [RTF]
G.S. 25-9-517 25-9-517. Effect of indexing errors.[HTML] [RTF]
G.S. 25-9-518 25-9-518. Claim concerning inaccurate or wrongfully filed record.[HTML] [RTF]
G.S. 25-9-519 25-9-519. Numbering, maintaining, and indexing records; communicating information provided in records.[HTML] [RTF]
G.S. 25-9-520 25-9-520. Acceptance, refusal to accept record, and cancellation of record.[HTML] [RTF]
G.S. 25-9-521 25-9-521. Uniform form of written financing statement and amendment.[HTML] [RTF]
G.S. 25-9-522 25-9-522. Maintenance and destruction of records.[HTML] [RTF]
G.S. 25-9-523 25-9-523. Information from filing office.[HTML] [RTF]
G.S. 25-9-524 25-9-524. Delay by filing office.[HTML] [RTF]
G.S. 25-9-525 25-9-525. Fees.[HTML] [RTF]
G.S. 25-9-526 25-9-526. Filing-office rules.[HTML] [RTF]
G.S. 25-9-527 25-9-527. Reserved for future codification purposes.[HTML] [RTF]
G.S. 25-9-601 25-9-601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.[HTML] [RTF]
G.S. 25-9-602 25-9-602. Waiver and variance of rights and duties.[HTML] [RTF]
G.S. 25-9-603 25-9-603. Agreement on standards concerning rights and duties.[HTML] [RTF]
G.S. 25-9-604 25-9-604. Procedure if security agreement covers real property or fixtures.[HTML] [RTF]
G.S. 25-9-605 25-9-605. Unknown debtor or secondary obligor.[HTML] [RTF]
G.S. 25-9-606 25-9-606. Time of default for agricultural lien.[HTML] [RTF]
G.S. 25-9-607 25-9-607. Collection and enforcement by secured party.[HTML] [RTF]
G.S. 25-9-608 25-9-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.[HTML] [RTF]
G.S. 25-9-609 25-9-609. Secured party's right to take possession after default.[HTML] [RTF]
G.S. 25-9-610 25-9-610. Disposition of collateral after default.[HTML] [RTF]
G.S. 25-9-611 25-9-611. Notification before disposition of collateral.[HTML] [RTF]
G.S. 25-9-612 25-9-612. Timeliness of notification before disposition of collateral.[HTML] [RTF]
G.S. 25-9-613 25-9-613. Contents and form of notification before disposition of collateral: general.[HTML] [RTF]
G.S. 25-9-614 25-9-614. Contents and form of notification before disposition of collateral: consumer-goods transaction.[HTML] [RTF]
G.S. 25-9-615 25-9-615. Application of proceeds of disposition; liability for deficiency and right to surplus.[HTML] [RTF]
G.S. 25-9-616 25-9-616. Explanation of calculation of surplus or deficiency.[HTML] [RTF]
G.S. 25-9-617 25-9-617. Rights of transferee of collateral.[HTML] [RTF]
G.S. 25-9-618 25-9-618. Rights and duties of certain secondary obligors.[HTML] [RTF]
G.S. 25-9-619 25-9-619. Transfer of record or legal title.[HTML] [RTF]
G.S. 25-9-620 25-9-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.[HTML] [RTF]
G.S. 25-9-621 25-9-621. Notification of proposal to accept collateral.[HTML] [RTF]
G.S. 25-9-622 25-9-622. Effect of acceptance of collateral.[HTML] [RTF]
G.S. 25-9-623 25-9-623. Right to redeem collateral.[HTML] [RTF]
G.S. 25-9-624 25-9-624. Waiver.[HTML] [RTF]
G.S. 25-9-625 25-9-625. Remedies for secured party's failure to comply with Article.[HTML] [RTF]
G.S. 25-9-626 25-9-626. Action in which deficiency or surplus is in issue.[HTML] [RTF]
G.S. 25-9-627 25-9-627. Determination of whether conduct was commercially reasonable.[HTML] [RTF]
G.S. 25-9-628 25-9-628. Nonliability and limitation on liability of secured party; liability of secondary obligor.[HTML] [RTF]
G.S. 25-9-701 25-9-701. Effective date.[HTML] [RTF]
G.S. 25-9-702 25-9-702. Savings clause.[HTML] [RTF]
G.S. 25-9-703 25-9-703. Security interest perfected before effective date.[HTML] [RTF]
G.S. 25-9-704 25-9-704. Security interest unperfected before effective date.[HTML] [RTF]
G.S. 25-9-705 25-9-705. Effectiveness of action taken before effective date.[HTML] [RTF]
G.S. 25-9-706 25-9-706. When initial financing statement suffices to continue effectiveness of financing statement.[HTML] [RTF]
G.S. 25-9-707 25-9-707. Amendment of pre-effective-date financing statement.[HTML] [RTF]
G.S. 25-9-708 25-9-708. Persons entitled to file initial financing statement or continuation statement.[HTML] [RTF]
G.S. 25-9-709 25-9-709. Priority.[HTML] [RTF]
G.S. 25-9-710 25-9-710. Special transitional provision for maintaining and searching local-filing office records.[HTML] [RTF]
Article 10 - Effective Date and Repealer. [HTML] [RTF]
G.S. 25-10-101 25-10-101. Effective date.[HTML] [RTF]
G.S. 25-10-102 25-10-102. Specific repealer; provision for transition.[HTML] [RTF]
G.S. 25-10-103 25-10-103. General repealer.[HTML] [RTF]
G.S. 25-10-104 25-10-104: Repealed by Session Laws 2006-112, s. 56, effective October 1, 2006.[HTML] [RTF]
G.S. 25-10-105 25-10-105. Repealed by Session Laws 1967, c. 562, s. 3.[HTML] [RTF]
G.S. 25-10-106 25-10-106. Covered transactions not subject to prior registration statutes.[HTML] [RTF]
G.S. 25-10-107 25-10-107. Repealed by Session Laws 1967, c. 562, s. 5.[HTML] [RTF]
Article 11 - 1975 Amendatory Act Effective Date and Transition Provisions. [HTML] [RTF]
G.S. 25-11-101 25-11-101: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-101.1 25-11-101.1: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-102 25-11-102: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-103 25-11-103: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-104 25-11-104: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-105 25-11-105: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-106 25-11-106: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-107 25-11-107: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]
G.S. 25-11-108 25-11-108: Repealed by Session Laws 2012-194, s. 11, effective July 17, 2012.[HTML] [RTF]