1.3.1 Uniform Commercial Code (UCC)
The law of check transactions is governed primarily by Articles 3 and 4 of the Uniform Commercial Code. Article 3 contains provisions governing negotiable instruments in general; checks are one form of negotiable instrument. Article 4 governs bank deposits and collections. The UCC addresses issues such as a bank’s duty of good faith and ordinary care. The UCC has been adopted, with some variations, in every state. The UCC is discussed in Chapters 3 and 4, infra. Preemption issues related to the UCC are discussed in § 1.5, infra.
UCC Article 4A regulates certain wire transfers. These are examined at § 6.7, infra.