Uniform Commercial Code Transactions

Uniform Commercial Code Transactions in California

Legal Counsel to Help You Succeed

Whether it is regulations about bulk transfers or investment securities, fund transfers or bills of lading, there is one code that sets the guidelines for them all. Vast and complex, the Uniform Commercial Code was created by the United States in the 1940s, and each state has adopted it to differing extents. This code is also followed in Puerto Rico, Guam, and the U.S. Virgin Islands. When you need to transact business, or you run into a dispute, the pertinent laws should be found in this code. You need to be sure that you are acting in accordance with these laws. An experienced business litigation attorney can help you understand the right course to take in any circumstance. With our firm, we can also ensure that your rights are being protected in any transaction or contract.

What the Uniform Commercial Code Regulates

As a general overview, the Uniform Commercial Code addresses legislation for each of the following areas of commercial law:

  • Sale of goods
  • Leases of goods
  • Negotiable instruments (commercial paper)
  • Bank deposits
  • Bank money transfers
  • Transactions with letters of credit
  • Warehouse receipts, bills of lading, and other documents of title
  • Secured transactions

These guidelines state which agreements are legally binding only if they are signed, govern when there are implied warranties, and fully detail promissory notes and drafts. In this code, you can find who is supposed to assume the risk when goods are lost in transit and the full ramifications of a breach of contract. When you have any questions about commercial and sale transactions, an experienced attorney can help you find answers in this code.

The Uniform Commercial Code is a vital legal resource. It can help you ensure that you are following legal procedures, and that your rights are not being violated by other entities. Unfortunately, this code is comparable to the tax code. It is important, but labyrinthine, written in specialized language. It would be indispensable to the interests of your company to retain a business lawyer who is well-versed in this code. At our firm, you will further find a business litigation attorney who is dedicated to pursuing the best interests of the client.

Trusted and Knowledgeable Los Angeles Business Litigation Attorney

At The Mirkhan Law Firm, we have about a 92% success rate in all the cases that we have handled, and we have been practicing business law for more than a decade. We have even come away with just results after going toe to toe against some of the biggest companies in the nation and their teams of legal professionals. This has been the result even when we tackled supposedly "unwinnable" cases. Not only are we dedicated to fighting for your rights, but we are committed to providing personable service. For his premier service and perseverance, Attorney Mirkhan has won the Most Patient Advocate and Commitment to Clients awards. When you need tenacious legal advocates who operate according to high ethical standards, you can look to our firm. We know that every business move you make affects your future, and we want to help you make the right decisions for moving ahead. You can get started with an online case evaluation, or by contacting our firm today!

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