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Texas Uniform Commercial Code | UCC | Houston Disputed Goods & Products Attorney
The Uniform Commercial Code (UCC) is a comprehensive model code that addresses most aspects of commercial law. It was developed to provide some uniformity in the law of commercial transactions among the states.
The Uniform Commercial Code Is Viewed as one of the Most Important Developments in American Law
Contracts are formed and dissolved on a daily basis in Houston. As a result, it is important to have a body of law on which everyone can rely. That body of law is known as the Uniform Commercial Code.
The model UCC text and revisions are written by expert commercial lawyers and submitted as drafts for approval to the Uniform Law Commissioners, in collaboration with the American Law Institute. These organizations meet and decide whether to endorse the drafts or send them back to the experts for revision. Once a draft is endorsed, the Uniform Law Commissioners recommend that each state adopt it.
The UCC, as a model code, has no legal effect until it is enacted (in whole or in part) as a statute by a state's legislature. Currently, it has been enacted with some variation in all fifty states, the District of Columbia, and the Virgin Islands.
The Texas Uniform Commercial Code, also known as the Texas UCC, is the Texas enacted version of the Uniform Commercial Code; it is divided into ten Chapters:
Chapter 1 (General Provisions)
Chapter 2 (Sales)
Chapter 2A (Leases)
Chapter 3 (Negotiable Instruments)
Chapter 4 (Bank Deposits and Collections)
Chapter 4A (Funds Transfers)
Chapter 5 (Letters of Credit)
Chapter 6 REPEALED (Bulk Sales)
Chapter 7 (Documents of Title)
Chapter 8 (Investment Securities)
Chapter 9 (Secured Transactions)
Chapter 10 (Effective Date and Transition Provisions)
Houston commercial, Houston business, and Houston UCC lawyers will help you with your Houston business needs.
Serving clients throughout Southeastern Texas, including Aldine, Baytown, Bellaire, Beaumont, Channelview, Cloverleaf, Conroe, Deer Park, Friendswood, Galena Park, Galveston, Hedwig Village, Highlands, Hilshire Village, Humble, Jacinto City, Katy, League City, Magnolia, Mission Bend, Missouri City, Pasadena, Pearland, Porter, Sealy, South Houston, Spring Valley, Stafford, The Meadows, The Woodlands, Waller, West University, and other communities in Fort Bend County, Harris County, and Montgomery County.