US Lawyer Database

§ 39-37 – Short title.

39-37. Short title. This Article may be cited as the Uniform Vendor and Purchaser Risk Act. (1959, c. 514.)

§ 39-38 – Uniformity of interpretation.

39-38. Uniformity of interpretation. This Article shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it. (1959, c. 514.)

§ 39-39 – Risk of loss.

39-39. Risk of loss. Any contract hereafter made in this State for the purchase and sale of realty shall be interpreted as including an agreement that the parties shall have the following rights and duties, unless the contract expressly provides otherwise: (1) If, when neither the legal title nor the possession of the subject matter […]

§ 39-44 – Definition.

39-44. Definition. The term "business trust" whenever used or referred to in this Article shall mean any unincorporated association, including an Illinois land trust, a Delaware statutory trust, or a Massachusetts business trust, engaged in any business or trade under a written instrument or declaration of trust under which the beneficial interest therein is divided […]

§ 39-23.9 – Extinguishment of claim for relief.

39-23.9. Extinguishment of claim for relief. A claim for relief with respect to a voidable transfer or obligation under this Article is extinguished unless action is brought: (1) Under G.S. 39-23.4(a)(1), not later than four years after the transfer was made or the obligation was incurred or, if later, not later than one year after […]

§ 39-23.9A – Governing law.

39-23.9A. Governing law. (a) In this section, the following rules determine a debtor’s location: (1) A debtor who is an individual is located at the individual’s principal residence. (2) A debtor that is an organization and has only one place of business is located at its place of business. (3) A debtor that is an […]

§ 39-23.9B – Application to series organization.

39-23.9B. Application to series organization. (a) In this section, the following definitions apply: (1) Protected series. – An arrangement, however denominated, created by a series organization that, pursuant to the law under which the series organization is organized, has the characteristics set forth in subdivision (2) of this subsection. (2) Series organization. – An organization […]

§ 39-23.10 – Supplementary provisions.

39-23.10. Supplementary provisions. Unless displaced by the provisions of this Article, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cause, supplement its provisions. (1997-291, s. 2.)

§ 39-23.11 – Uniformity of application and construction.

39-23.11. Uniformity of application and construction. This Article shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this Article among states enacting it. (1997-291, s. 2; 2015-23, s. 1.)