September 27th, 2009 at 7:56 pm
Posted by admin in Glossary

The Uniform Commercial Code (UCC) is a set of rules and regulations to govern commercial transactions. It was first crafted in 1952 and has been enacted with differing revisions in all 50 states as the various US territories. Louisiana has enacted the UCC without Article 2 which deals with the civil laws pertaining to the sales of goods.


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