Added by Stats. 2023, Ch. 210, Sec. 91. (SB 95) Effective January 1, 2024.
This division may be cited as Transitional Provisions for Uniform Commercial Code Amendments (2022).
Chapter 1 - General Provisions and Definitions
California Commercial Code — §§ 17101-17102
Sections (2)
Added by Stats. 2023, Ch. 210, Sec. 91. (SB 95) Effective January 1, 2024.
(a)In this division, the following definitions apply.
(1)“Adjustment date” means July 1, 2025, or the date that is one year after the effective date of the act adding this division, whichever is later.
(2)“Division 12” means Division 12 (commencing with Section 12101).
(3)“Division 12 property” means a controllable account, controllable electronic record, or controllable payment intangible.
(b)The following definitions in other divisions apply to this division:
(c)Division 1 (commencing with Section 1101) contains general definitions and principles of construction and interpretation applicable throughout this division.