UNIFORM COMMERCIAL CODE (UCC) is a collection of modernized, codified, and standardized laws that apply to all commercial transactions with the exception of real property. Developed under the direction of the National Conference of Commissioners on Uniform State Laws, the American Law Institute, and the American Bar Association (ABA), it first became U.S. law in 1972. Since that time, it has undergone a process of constant revision.
DEMAND NOTE is a note payable on demand from the person who is owed the money.
T as the fifth letter in a Nasdaq stock symbol indicates that the stock has warrants or rights.
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