UCC Attorneys in Portland and Seattle
Whether you own a business in Oregon or Washington, or if you sell goods within your state or across state lines, our professional business lawyers in Portland and Seattle can help you sift through the Uniform Commercial Code. We have already done the research, so you don’t have to. We understand how the UCC applies to Washington sales and how that differs from Oregon sales. We can help you with your business setup, sales and operational contracts, transactions, and more, all the while making sure to keep your company in compliance with state commercial laws and the UCC.
If you have questions about the UCC in Oregon or Washington, or if you would simply like assistance with the legal structure and processes of your business, please contact NW Business Law Group.Contact Us
UCC – Sale of Goods
In a country where every state gets to set their own rules, business regulations can often become confusing. This is why the Uniform Commercial Code, or UCC, was created. Essentially, it attempts to make the commercial sale of goods across the 50 states more uniform. In an age in which internet businesses are becoming more prevalent and nationwide sales easier, the UCC has become even more important. In some cases, the manufacturing, storage, sale, and delivery of goods each happen in a different state. In order to maintain individual state regulations and, at the same time, streamline national commercial laws, the UCC serves to modernize contract law. The business attorneys at NW Business Law Group are well-versed in the Uniform Commercial Code and how it applies to the sale of goods in Washington and Oregon.
The Articles of the Uniform Commercial Code
There are nine different articles in the UCC and most states have applied provisions to at least a few of them. Not many business owners understand which articles apply to their operations, which is why it’s a good idea to have a professional business lawyer knowledgeable in transactions, sales, and contracts. These articles include:
- General provisions, which outline the basic definitions of the code
- Sales, which also include leases
- Negotiable instruments, which concerns promissory notes and other commercial papers
- Bank deposits and funds transfers
- Letters of credit
- Bulk sales and transfers, which cover auctions as well as the liquidation of assets
- Warehouse receipts, bills of lading, and miscellaneous documents of title
- Investment securities
- Secured transactions