I am not a lawyer, and this does not constitue legal advice. See further disclaimers on my fine-print page.
In 2003, I summarized parts of the Uniform Commerical Code. That summary is offered here as a rich-text file as is, with no warranty, not even the implied warranty of merchantibility, and not even the implied warranty of fitness for a particular purpose. Note in particular that the UCC may have been changed since then, that I am unqualified to give legal advice, that the UCC may not apply in your jurisdiction, that the summary is only of part of the UCC, and that I may have summarized or interpreted it incorrectly.
The rich-text file is copyright 2003, 2005 Michael Hamm; this introductory Web page is copyright 2005 Michael Hamm.