§12A-11-107. Presumption that Rule of Law Continues Unchanged.
Presumption that Rule of Law Continues Unchanged. – Unless a change in law has clearly been made, the provisions of this act shall be deemed declaratory of the meaning of the U.C.C. prior to this act. Laws 1981, c. 194, § 45.
§12A-15-116. Transferable records.
TRANSFERABLE RECORDS (a) In this section, “transferable record” means an electronic record that: (1) would be a note under Article 3 of the Uniform Commercial Code or a document under Article 7 of the Uniform Commercial Code if the electronic record were in writing; and (2) the issuer of the electronic record expressly has agreed […]
§12A-15-101. Short title.
SHORT TITLE This act shall be known and may be cited as the “Uniform Electronic Transactions Act”. Added by Laws 2000, c. 372, § 1, eff. Nov. 1, 2000.
§12A-15-117. Creation and retention of electronic records and conversion of written records by governmental agencies.
CREATION AND RETENTION OF ELECTRONIC RECORDS AND CONVERSION OF WRITTEN RECORDS BY GOVERNMENTAL AGENCIES Each governmental agency of this state, in cooperation with the Archives and Records Commission, shall determine whether, and the extent to which, it will create and retain electronic records and convert written records to electronic records. Added by Laws 2000, c. […]
§12A-15-102. Definitions.
DEFINITIONS In this act: (1) “Agreement” means the bargain of the parties in fact, as found in their language or inferred from other circumstances and from rules, regulations, and procedures given the effect of agreements under laws otherwise applicable to a particular transaction. (2) “Automated transaction” means a transaction conducted or performed, in whole or […]
§12A-15-118. Acceptance and distribution of electronic records by governmental agencies.
ACCEPTANCE AND DISTRIBUTION OF ELECTRONIC RECORDS BY GOVERNMENTAL AGENCIES (a) Except as otherwise provided in subsection (f) of Section 12 of this act, each governmental agency of this state shall determine whether, and the extent to which, it will send and accept electronic records and electronic signatures to and from other persons and otherwise create, […]
§12A-8-506. Duty of Securities Intermediary to Exercise Rights as Directed by Entitlement Holder.
Duty of Securities Intermediary to Exercise Rights as Directed by Entitlement Holder. A securities intermediary shall exercise rights with respect to a financial asset if directed to do so by an entitlement holder. A securities intermediary satisfies the duty if: (1)the securities intermediary acts with respect to the duty as agreed upon by the entitlement […]
§12A-8-507. Duty of Securities Intermediary to Comply with Entitlement Order.
Duty of Securities Intermediary to Comply with Entitlement Order. (a) A securities intermediary shall comply with an entitlement order if the entitlement order is originated by the appropriate person, the securities intermediary has had reasonable opportunity to assure itself that the entitlement order is genuine and authorized, and the securities intermediary has had reasonable opportunity […]
§12A-8-508. Duty of Securities Intermediary to Change Entitlement Holder’s Position to Other Forms of Security Holding.
Duty of Securities Intermediary to Change Entitlement Holder’s Position to Other Forms of Security Holding. A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible, or to cause the financial asset to be transferred to […]
§12A-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.
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. (a) If the substance of a duty imposed upon a securities intermediary by Sections 8-504 through 8-508 of this title is the subject of other statute, regulation, or rule, […]