Definition of Uniform Commercial Code in English:
The body of laws governing commercial transactions in the US.
- The National filing forms contained in Section 9521 of the Uniform Commercial Code will be accepted for filing.
- Over the past 50 years, various updates and revisions have been approved, so the Uniform Commercial Code as adopted in all of the states is not exactly uniform.
- Auctions are so different from retail that they are governed by different Federal laws, state laws, Uniform Commercial Codes, and city ordinances.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia