(b) If there is conflict between this Article and Article 4 or 9, Articles 4 and 9 govern. It does not apply to money, to payment orders governed by Article 4A, or to securities governed by Article 8. (a) This Article applies to negotiable instruments.
This Article may be cited as Uniform Commercial Code - Negotiable Instruments. Amend Article 3, Subtitle I, Title 6 of the Delaware Code by striking said Article 3 in its entirety, and substituting in lieu thereof the following: (2) Subsection (1) does not apply to an accord and satisfaction." Such words as "without prejudice", "under protest" or the like are sufficient. (1) A party who, with explicit reservation of rights, performs or promises performance or assents to performance in a manner demanded or offered by the other party does not thereby prejudice the rights reserved. Performance or acceptance under reservation of rights. Amend Section 1-207, Subtitle 1, Title 6, of the Delaware Code by striking said Section in its entirety, and substituting in lieu thereof the following: (43) "Unauthorized" signature means one made without actual, implied, or apparent authority and includes a forgery."
(24) "Money" means a medium of exchange authorized or adopted by a domestic or foreign government and includes a monetary unit of account established by an intergovernmental organization or by agreement between two or more nations. "Holder" with respect to a document of title means the person in possession if the goods are deliverable to bearer or to the order of the person in possession.
(20) "Holder," with respect to a negotiable instrument, means the person in possession if the instrument is payable to bearer or, in the case of an instrument payable to an identified person, if the identified person is in possession. Amend subsections (20), (24) and (43) of Section 1-201, Subtitle I, Title 6 of the Delaware Code by striking said subsections in their entirety, and substituting in lieu thereof the following: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE BY PROVIDING FOR CERTAIN AMENDMENTS TO THE UNIFORM COMMERCIAL CODE.īE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:
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