The Uniform Commercial Code

The Uniform Commercial Code (UCC) is a comprehensive code that addresses most aspects of commercial law. It is generally viewed as one of the most important developments in American law. The UCC brought standardization to laws governing business across the United States and U.S. Virgin Islands. The Uniform Law Commission, also known as the National Conference of Commissioners on Uniform State Law, developed and maintains the UCC, which is a model code and of itself has no legal effect. …