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COMMON LAW COURT SOUTHERN AFRICA

COMMON LAW COURT SOUTHERN AFRICA COMMON LAW COURT SOUTHERN AFRICA COMMON LAW COURT SOUTHERN AFRICA

COMMON LAW COURT SOUTHERN AFRICA

COMMON LAW COURT SOUTHERN AFRICA COMMON LAW COURT SOUTHERN AFRICA COMMON LAW COURT SOUTHERN AFRICA
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BILLS OF EXCHANGE & PROMISSORY NOTES

The Uniform Law Commission.

Lost Instrument Enforcement.

Lost Instrument Enforcement.

Proposed Revisions to  UCC Articles 3, 4, and 4A  


Amendment to the Uniform Commercial Code Articles 3 and 4


Click here to view on the  Uniform Law Commission

UCC Article 3, Negotiable Instruments and Article 4, Bank Deposits, Amendments to - Uniform Law Commission 

Lost Instrument Enforcement.

Lost Instrument Enforcement.

Lost Instrument Enforcement.

Amendments establish that a purchaser of a negotiable  instrument may enforce the instrument even though the instrument was lost while it was in the  possession of a previous holder.  


This solves adverse case law that hinders FDIC purchase and  assumption transactions when the actual note cannot be located.  

No Double Payment Obligation.

Lost Instrument Enforcement.

No Double Payment Obligation.

Amendments clarify that a maker of a negotiable promissory  note which has been sold may continue to make payments to the seller of the note, and obtain a  discharge for those payments, until notified to direct payments to the buyer.  


This Amendment  protects innocent makers of negotiable notes which are sold and also conforms Article 3 to  common practice and to the general law of contracts. 

National Conference Of Commissioners On Uniform State Laws

UCC3 and UCC4_Fact Sheet_2022_ADA (pdf)Download
UCC_3_4_1201draft (pdf)Download
UCC3_4_amds_AM02 Amendment to the UNIFORM COMMERCIAL CODE ARTICLES 3 AND 4 (pdf)Download
UCC3and4 Summary_2022_ADA (pdf)Download
UCC3and4 Why States (pdf)Download

 © COMMON LAW COURT SOUTHERN AFRICA    |  ©SOUTHERN AFRICA PEOPLE'S ASSEMBLY

  • Steps you need to take
  • Birth Certificate Bonds
  • Southern Africa Community
  • Why join Common Law Court
  • About the CLC
  • Establishing Procedures
  • Coordinator’s Handbook
  • Common Law Court Juror
  • Jural Assembly Handbook
  • Sheriff's
  • Michigan Assembly
  • Record Your Company
  • Starting a Court Case
  • Lawful Challenge
  • CLC Digital Products
  • CLC Great Britain & Int.
  • Before the Vatican
  • CLC Australia
  • CLC Western Australia
  • Asheville Assembly
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  • Terra Australia Assembly
  • Canada Assembly
  • Spain Assembly
  • Italy Assembly
  • England Assembly
  • Paul Stramer | Judge Anna
  • National Uniform Law
  • No to Digital ID
  • Blood Money
  • Africa States Assembly

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