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1 UNIFORM COMMERCIAL CODE, Ch 554
CHAPTER 554UNIFORM COMMERCIAL CODE
Referred to in 12.71, 12.81, 12.87, 12.91, 12A.4, 12E.11, 15.106D, 15E.204, 15E.207, 16.26, 16.105, 16.132, 16.177, 34A.21, 173.14B,203.12A, 203C.4, 203C.12A, 257C.8, 260C.72, 261.43A, 321.50, 321.105A, 331.606B, 331.609, 390.17, 423.1, 453A.45, 455G.6, 462A.83,463C.12, 483A.51, 491.46, 501A.902, 537.1103, 537A.3, 554B.2, 554D.104, 554D.118, 558.1, 558.42, 578A.6, 654A.1, 654A.6, 654A.8,
717.3, 717.4, 809A.1
ARTICLE 1
GENERAL PROVISIONS
PART 1
GENERAL PROVISIONS
554.1101 Short titles.554.1102 Scope of Article.554.1103 Construction of this chapter to
promote its purposes andpolicies applicability ofsupplemental principles of law.
554.1104 Construction against impliedrepeal.
554.1105 Severability.554.1106 Use of singular and plural
gender.554.1107 Section captions.554.1108 Relation to Electronic Signatures
in Global and NationalCommerce Act.
554.1109 Reserved.554.1110 Rules for filing and indexing.
PART 2
GENERAL DEFINITIONS AND PRINCIPLES OFINTERPRETATION
554.1201 General definitions.554.1202 Notice knowledge.554.1203 Lease distinguished from security
interest.554.1204 Value.554.1205 Reasonable time
seasonableness.554.1206 Presumptions.554.1207 through 554.1209 Reserved.
PART 3
TERRITORIAL APPLICABILITY AND GENERAL RULES
554.1301 Territorial applicability partiespower to choose applicablelaw.
554.1302 Variation by agreement.554.1303 Course of performance, course of
dealing, and usage of trade.554.1304 Obligation of good faith.554.1305 Remedies to be liberally
administered.554.1306 Waiver or renunciation of claim
or right after breach.554.1307 Prima facie evidence by
third-party documents.554.1308 Performance or acceptance under
reservation of rights.554.1309 Option to accelerate at will.554.1310 Subordinated obligations.
ARTICLE 2
SALES
PART 1
SHORT TITLE, GENERAL CONSTRUCTION, AND SUBJECTMATTER
554.2101 Short title.554.2102 Scope certain security and
other transactions excludedfrom this Article.
554.2103 Definitions and index ofdefinitions.
554.2104 Definitions: merchant between merchants financing agency.
554.2105 Definitions: transferability goods future goods lot commercial unit.
554.2106 Definitions: contract agreement contract forsale sale present sale conforming to contract termination cancellation.
554.2107 Goods to be severed from realty:recording.
PART 2
FORM, FORMATION, AND READJUSTMENT OF CONTRACT
554.2201 Formal requirements statute offrauds.
554.2202 Final written expression parolor extrinsic evidence.
554.2203 Seals inoperative.554.2204 Formation in general.554.2205 Firm offers.554.2206 Offer and acceptance in
formation of contract.554.2207 Additional terms in acceptance
or confirmation.554.2208 Course of performance or
practical construction.Repealed by 2007 Acts, ch41, 60.
554.2209 Modification, rescission andwaiver.
554.2210 Delegation of performance assignment of rights.
PART 3
GENERAL OBLIGATION AND CONSTRUCTION OFCONTRACT
554.2301 General obligations of parties.554.2302 Unconscionable contract or
clause.554.2303 Allocation or division of risks.
Tue Feb 06 09:38:54 2018 Iowa Code 2018, Chapter 554 (54, 8)
https://www.legis.iowa.gov/docs/code/12.71.pdfhttps://www.legis.iowa.gov/docs/code/12.81.pdfhttps://www.legis.iowa.gov/docs/code/12.87.pdfhttps://www.legis.iowa.gov/docs/code/12.91.pdfhttps://www.legis.iowa.gov/docs/code/12A.4.pdfhttps://www.legis.iowa.gov/docs/code/12E.11.pdfhttps://www.legis.iowa.gov/docs/code/15.106D.pdfhttps://www.legis.iowa.gov/docs/code/15E.204.pdfhttps://www.legis.iowa.gov/docs/code/15E.207.pdfhttps://www.legis.iowa.gov/docs/code/16.26.pdfhttps://www.legis.iowa.gov/docs/code/16.105.pdfhttps://www.legis.iowa.gov/docs/code/16.132.pdfhttps://www.legis.iowa.gov/docs/code/16.177.pdfhttps://www.legis.iowa.gov/docs/code/34A.21.pdfhttps://www.legis.iowa.gov/docs/code/173.14B.pdfhttps://www.legis.iowa.gov/docs/code/203.12A.pdfhttps://www.legis.iowa.gov/docs/code/203C.4.pdfhttps://www.legis.iowa.gov/docs/code/203C.12A.pdfhttps://www.legis.iowa.gov/docs/code/257C.8.pdfhttps://www.legis.iowa.gov/docs/code/260C.72.pdfhttps://www.legis.iowa.gov/docs/code/261.43A.pdfhttps://www.legis.iowa.gov/docs/code/321.50.pdfhttps://www.legis.iowa.gov/docs/code/321.105A.pdfhttps://www.legis.iowa.gov/docs/code/331.606B.pdfhttps://www.legis.iowa.gov/docs/code/331.609.pdfhttps://www.legis.iowa.gov/docs/code/390.17.pdfhttps://www.legis.iowa.gov/docs/code/423.1.pdfhttps://www.legis.iowa.gov/docs/code/453A.45.pdfhttps://www.legis.iowa.gov/docs/code/455G.6.pdfhttps://www.legis.iowa.gov/docs/code/462A.83.pdfhttps://www.legis.iowa.gov/docs/code/463C.12.pdfhttps://www.legis.iowa.gov/docs/code/483A.51.pdfhttps://www.legis.iowa.gov/docs/code/491.46.pdfhttps://www.legis.iowa.gov/docs/code/501A.902.pdfhttps://www.legis.iowa.gov/docs/code/537.1103.pdfhttps://www.legis.iowa.gov/docs/code/537A.3.pdfhttps://www.legis.iowa.gov/docs/code/554B.2.pdfhttps://www.legis.iowa.gov/docs/code/554D.104.pdfhttps://www.legis.iowa.gov/docs/code/554D.118.pdfhttps://www.legis.iowa.gov/docs/code/558.1.pdfhttps://www.legis.iowa.gov/docs/code/558.42.pdfhttps://www.legis.iowa.gov/docs/code/578A.6.pdfhttps://www.legis.iowa.gov/docs/code/654A.1.pdfhttps://www.legis.iowa.gov/docs/code/654A.6.pdfhttps://www.legis.iowa.gov/docs/code/654A.8.pdfhttps://www.legis.iowa.gov/docs/code/717.3.pdfhttps://www.legis.iowa.gov/docs/code/717.4.pdfhttps://www.legis.iowa.gov/docs/code/809A.1.pdf
Ch 554, UNIFORM COMMERCIAL CODE 2
554.2304 Price payable in money, goods,realty, or otherwise.
554.2305 Open price term.554.2306 Output, requirements and
exclusive dealings.554.2307 Delivery in single lot or several
lots.554.2308 Absence of specified place for
delivery.554.2309 Absence of specific time
provisions notice oftermination.
554.2310 Open time for payment orrunning of credit authorityto ship under reservation.
554.2311 Options and cooperationrespecting performance.
554.2312 Warranty of title andagainst infringement buyers obligation againstinfringement.
554.2313 Express warranties byaffirmation, promise,description, sample.
554.2314 Implied warranty:merchantability usageof trade.
554.2315 Implied warranty fitness forparticular purpose.
554.2316 Exclusion or modification ofwarranties.
554.2317 Cumulation and conflict ofwarranties express or implied.
554.2318 Third party beneficiaries ofwarranties express or implied.
554.2319 F.O.B. and F.A.S. terms.554.2320 C.I.F. and C. & F. terms.554.2321 C.I.F. or C. & F. net landed
weights payment onarrival warranty ofcondition on arrival.
554.2322 Delivery ex-ship.554.2323 Form of bill of lading required
in overseas shipment overseas.
554.2324 No arrival, no sale term.554.2325 Letter of credit term
confirmed credit.554.2326 Sale on approval and sale or
return rights of creditors.554.2327 Special incidents of sale on
approval and sale or return.554.2328 Sale by auction.
PART 4
TITLE, CREDITORS, AND GOOD FAITH PURCHASERS
554.2401 Passing of title reservation forsecurity limited applicationof this section.
554.2402 Rights of sellers creditors againstsold goods.
554.2403 Power to transfer goodfaith purchase of goods entrusting.
PART 5
PERFORMANCE
554.2501 Insurable interest in goods manner of identification ofgoods.
554.2502 Buyers right to goods on sellersrepudiation, failure to deliver,or insolvency.
554.2503 Manner of sellers tender ofdelivery.
554.2504 Shipment by seller.554.2505 Sellers shipment under
reservation.554.2506 Rights of financing agency.554.2507 Effect of sellers tender
delivery on condition.554.2508 Cure by seller of improper tender
or delivery replacement.554.2509 Risk of loss in the absence of
breach.554.2510 Effect of breach on risk of loss.554.2511 Tender of payment by buyer
payment by check.554.2512 Payment by buyer before
inspection.554.2513 Buyers right to inspection of
goods.554.2514 When documents deliverable
on acceptance when onpayment.
554.2515 Preserving evidence of goods indispute.
PART 6
BREACH, REPUDIATION, AND EXCUSE
554.2601 Buyers rights on improperdelivery.
554.2602 Manner and effect of rightfulrejection.
554.2603 Merchant buyers duties as torightfully rejected goods.
554.2604 Buyers options as to salvage ofrightfully rejected goods.
554.2605 Waiver of buyers objections byfailure to particularize.
554.2606 What constitutes acceptance ofgoods.
554.2607 Effect of acceptance noticeof breach burden ofestablishing breach afteracceptance notice ofclaim or litigation to personanswerable over.
554.2608 Revocation of acceptance inwhole or in part.
554.2609 Right to adequate assurance ofperformance.
554.2610 Anticipatory repudiation.554.2611 Retraction of anticipatory
repudiation.554.2612 Installment contract breach.554.2613 Casualty to identified goods.554.2614 Substituted performance.
Tue Feb 06 09:38:54 2018 Iowa Code 2018, Chapter 554 (54, 8)
3 UNIFORM COMMERCIAL CODE, Ch 554
554.2615 Excuse by failure of presupposedconditions.
554.2616 Procedure on notice claimingexcuse.
PART 7
REMEDIES
554.2701 Remedies for breach of collateralcontracts not impaired.
554.2702 Sellers remedies on discovery ofbuyers insolvency.
554.2703 Sellers remedies in general.554.2704 Sellers right to identify goods to
the contract notwithstandingbreach or to s