commercial code

English - Turkish

Definition of commercial code in English Turkish dictionary

(Kanun) ticaret hukuku

Related Terms

uniform commercial code

üniforma ticaret kanunu

English - English

Definition of commercial code in English English dictionary

Related Terms

uniform commercial code

Effective January 1, 1965 Establishes a unified and comprehensive scheme for regulation of security transactions in personal propert7y, superseding the existing statutes on chattel mortgages, conditional sales, trust receipts, assignment of accounts receivable and others in this field

uniform commercial code

The State Code which regulates the transfer of property

uniform commercial code

A set of standard rules, adopted by 50 states, that governs commercial transactions The Uniform Commercial Code Bureau files and maintains record on financial obligations (including IRS liens) incurred by individuals (in business as a sole proprietor), business entities and corporations This information is important to any business or financial institution contemplating entering a lien transaction as the secured party

uniform commercial code

A set of statutes that provides a degree of consistency among commercial laws among differerent states (USA)

uniform commercial code

Collection of laws dealing with commercial business

uniform commercial code

1 A code of laws governing various commercial transactions, including the sale of goods, banking transactions, secured transactions in personal property, and other matters The UCC was designed to bring uniformity in these areas to the laws of the various states It has been adopted, with some modifications, in all states (except Louisiana) as well as in the District of Columbia and in the Virgin Islands

uniform commercial code

Rules that have been adopted by many states and countries in respect to commercial transactions

uniform commercial code

a set of legal statutes adopted by almost all U S states to provide consistent and uniform laws for conducting business

uniform commercial code

A list of protocols or standards, adopted by every state except Louisiana, which govern commercial transactions such as leases

uniform commercial code

A statute governing commercial transactions, sales, and commercial paper that has been adopted in substantially the same form in all 50 states

uniform commercial code

Legal code that codifies certain laws dealing with commercial business

uniform commercial code

A codification of commercial law, adopted in most states, that attempts to make uniform all laws relating to commercial transactions, including chattel mortgages and bulk transfers Security interests in chattels are created by an instrument known as a security agreement To give notice of the security interest, a financing statement must be recorded

uniform commercial code

A body of law whose underlying purpose and policies are (a) to simplify, clarify and modernize the law governing commercial transactions; (b) to permit the continued expansion of commercial practices through custom, usage and agreement of the parties; (c) to make uniform the law among the various jurisdictions The effect of provisions of this Act may be varied by agreement, except as otherwise provided in this Act and except that the obligations of good faith, diligence, reasonableness and care prescribe by this Act may not be disclaimed by agreement but the parties may by agreement determine the standards by which the performance of such obligations is to be measured if such standards are not manifestly unreasonable (Taken from Article 1, General Provisions, Uniform Commercial Code, The Portable UCC, second edition )

uniform commercial code

A set of regulations covering most business transactions, including requirements for negotiable instruments

uniform commercial code

A uniform law governing commercial transactions The U C C has been adopted by all states except Louisiana

uniform commercial code

Codification of uniform laws concerning commercial transactions In SBA parlance generally refers to a uniform method of recording and enforcing a security interest or charge upon existing or to be acquired personal property

uniform commercial code

United States statute covering the rights and obligations of the various parties involved in the purchase and sale of goods The UCC includes coverage of drafts and other negotiable instruments, documents of title, transfers of funds between banks, and security interests in assets as well as draft collections (in Article 4) and letters of credit (in Article 5)

uniform commercial code

A comprehensive code of laws regulating important legal aspects of business and financial transactions The code has been accepted by every state except Louisiana

uniform commercial code

The body of laws, adopted in whole or in part by most states, pertaining to financial transactions such as bank deposits and collections, letters of credit and title documents

uniform commercial code

A codification of law, which clarifies and regulates the rights and obligations of buyers and sellers engaging in commercial transactions It has been adopted by all states except Louisiana

uniform commercial code

A compilation of statutory provisions designed to simplify, clarify and modernize the law governing commercial transaction; to permit the continued expansion of commercial practices through custom, usage and agreement of the parties, and to make uniform the law among various jurisdictions Note: A minority of states adhere to the 1962 version of the U C C while others have adopted the 1972 amendments Louisiana, which still adheres to the Civil (Napoleonic) Code, has not adopted the U C C

uniform commercial code

Standardized set of guidelines protected by law that set down how business transactions must be conducted

uniform commercial code

Group of laws that are applicable to commercial transactions Only a few of the laws have relevance to real estate transactions

uniform commercial code

A set of business-related laws dealing with the sale of goods, their transportation and delivery, financing, storage, payments, and various other commercial transactions These model laws have been adopted, with minor modifications, by most states to provide some consistency among states' commercial laws They were drafted by the National Conference of Commissioners on Uniform State Laws

Hyphenation

com·mer·cial code

Turkish pronunciation

kımırşıl kōd

Pronunciation

/kəˈmərsʜəl ˈkōd/ /kəˈmɜrʃəl ˈkoʊd/