STATE OF OKLAHOMA

1st Session of the 54th Legislature (2013)

SENATE BILL 1021	By:	Newberry

AS INTRODUCED

An Act relating to the Uniform Commercial Code; amending 14A O.S. 2011, Section 1-103, which relates to supplementary general principles of law; updating references.

BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
SECTION 1.     AMENDATORY     14A O.S. 2011, Section 1-103, is amended to read as follows:
Section 1-103.  Unless displaced by the particular provisions of Section 1-101 et seq. of this act title, the Uniform Commercial Code and the principles of law and equity, including the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, or other validating or invalidating cause, supplement its provisions.

54-1-1345	NP	1/17/2013 6:44:34 PM