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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]