What is the Uniform Commercial Code (UCC)?
Created in 1952, the Uniform Commercial Code (UCC) consists of uniform acts coordinating the sale of goods and other commercial transactions throughout the 50 United States. The Uniform Commercial Code is the oldest and most intricate uniform act established by the National Conference of Commissioners on Uniform State Laws (NCCUSL). All 50 states, with the exception of Louisiana, have adopted the Uniform Commercial Code. Louisiana has opted not to include Article 2, which specifies regulations for the sale of goods in place of its own civil law. Because it was created by a private institution, the Uniform Commercial Code is not a law unless it is enacted by a state. Its goal is to simplify commercial transactions. Parties forming a contract can omit parts of the code, as well as make addenda. The Uniform Commercial Code also seeks to make commercial paper transactions, such as the processing of checks, less complex. It distinguishes between merchants, who know their business well, and
