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  2. Laws
  3. Unif. Commercial Code Law
  4. Art. 8
  5. Part 1

Part 1
Short Title and General Matters

Sections

8‑101
Short Title
8‑102
Definitions
8‑103
Rules for Determining Whether Certain Obligations and Interests are Securities or Financial Assets
8‑104
Acquisition of Security or Financial Asset or Interest Therein
8‑105
Notice of Adverse Claim
8‑106
Control
8‑107
Whether Indorsement, Instruction, or Entitlement Order is Effective
8‑108
Warranties in Direct Holding
8‑109
Warranties in Indirect Holding
8‑110
Applicability
8‑111
Clearing Corporation Rules
8‑112
Creditor's Legal Process
8‑113
Statute of Frauds Generally Inapplicable
8‑114
Evidentiary Rules Concerning Certificated Securities
8‑115
Securities Intermediary and Others Not Liable to Adverse Claimant
8‑116
Securities Intermediary as Purchaser for Value
 



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Location: https://newyork.public.law/laws/n.y._uniform_commercial_code_law_article_8_part_1

Blank Outline Levels

The legislature occasionally skips outline levels. For example:

(3) A person may apply [...]
(4)(a) A person petitioning for relief [...]

In this example, (3), (4), and (4)(a) are all outline levels, but (4) was omitted by its authors. It's only implied. This presents an interesting challenge when laying out the text. We've decided to display a blank section with this note, in order to aide readability.

Trust but verify.

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