A Few Facts About The...

Amendements to UCC Articles 2 and 2A

PURPOSE:
Article 2 of the Uniform Commercial Code has governed the sale of goods since its promulgation in 1951. UCC2 has been amended to accommodate electronic commerce and to reflect development of business practices, changes in other law, and interpretive difficulties of practical significance. UCC2A provides a legal framework for leases of personal property; it has been amended to update and modernize the Article, and to conform to the changes in Article 2.

ORIGIN:
Completed by the National Conference of Commissioners on Uniform State Laws and the American Law Institute in 2003.

APPROVED BY:
American Bar Association