Commercial Code


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Commercial Code

A colloquial designation for the body of law known as the Uniform Commercial Code (UCC), which governs the various business transactions that are integral parts of the U.S. system of commerce. The UCC has been adopted in virtually all of the states.

References in periodicals archive ?
The following threshold crossing statutory obligation is added to the legal thresholds: 'Any natural person or legal entity, acting alone or jointly, according to the article L.233-9 of the French Commercial Code, who would hold, directly or indirectly, a number of shares or voting rights representing 0.5% or more of the capital or of the company voting rights, will have to notify to the company by registered letter sent to the head office the total number of shares or voting rights he holds, by the latest before the close of trading of the fourth day following the day the threshold is exceeded.
Uniform Commercial Code Article 9: Secured Transactions
Decades ago, the Wisconsin Supreme Court interpreted two limited remedy provisions of the Uniform Commercial Code in Murray v.
225-17 of the French commercial code. Ghosn was replaced by Thierry Bollore as CEO of Renault SA and President of Renault SAS; in accordance with the agreements entered into with Nissan (NSANY) Ghosn was replaced by Bollore as Chairman of the Management Board of Renault-Nissan BV.
She is currently the chair of the ABA Business Law Section's Uniform Commercial Code Committee, editor-in-chief of the Uniform Commercial Code Law Journal, a member of the Board of Regents for the American College of Commercial Finance Lawyers, an elected member of the American Law Institute, and on the executive committee of the board of directors for Gulfcoast Legal Services.
Qatari Commercial Code -- Mortgage over Commercial business
The previous Commercial Code, the current Civil Code, as well as certain special laws co-existing with the two codes allocated imprecise and contradictory provisions to the enterprise, generating a diversity of opinions in the literature.
Reportedly, a total number of 2,785,259,009 voting rights were attached to the 2,529,582,139 underlying company shares, referred to as theoretical voting rights, including 200,662,536 voting rights attached to the 100,331,268 Total shares held by Total S.A's subsidiaries that cannot be exercised at shareholders' meetings pursuant to the provisions of the Articles L.233-31 of the French Commercial Code, as well as 10,589,062 voting rights attached to the 10,589,062 Total shares held by the company that also cannot be exercised at shareholders' meetings pursuant to the provisions of the Articles L.225-111 and L.225-210 of the French Commercial Code.
With an out-of-date commercial code, Lebanon's ecosystem is far from competitive.
span style="font-family: Calibri; font-size: small;">Key changes under the New Law Repeal of current regime: Chapter V of the Commercial Code, which sets out the UAE's current insolvency regime, will be expressly repealed, together with various bankruptcy-related crimes set out in the Penal Code.
Based on static analysis defect density, open source code outpaced commercial code for quality in the 2013 report.

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