Page:United States Statutes at Large Volume 77.djvu/703

 77 STAT. ]

PUBLIC LAW 88-243-DEC. 30, 1963

of warranty occurs when tender of delivery is made, except that where a warranty explicitly extends to future perfomiance of the j^oods and discovery of the breach must await the time of such performance the cause of action accrues when the breach is or should have been discovered. (3) Where an action commenced within the time limited by subsection (1) is so terminated as to leave available a remedy by another action for the same breach such other action may be commenced after the expiration of the time limited and within six months after the termination of the first action unless the termination resulted from voluntary discontinuance or from dismissal for failure or neglect to prosecute. (4) This section does not alter the law on tolling of the statute of limitations nor does it apply to causes of action which have accrued before this subtitle becomes effective.

ARTICLE 3—COMMERCIAL PAPER PAKT 1—^SHORT TITLE, FORM AM) IXTERPRETATIOX

Sec. 28:3—101. 28:3—102. 28:3—103. 28:3—104. 28:3—105. 28:3—106. 28:3—107. 28:3—108. 28:3—109. 28:3—110. 28:3—111. 28:3—112. 28:3—113. 28:3—114. 28:3—115. 28:3—116. 28:3—117. 28:3—118. 28:3—119. 28:3—120. 28:3—121. 28:3—122.

Short title. Definitions and index of definitions. Limitations on scope of article. For m of negotiable i n s t r u m e n t s: " d r a f t "; "check"; "certificate of deposit"; "note". When promise or order unconditional. Sum certain. Money. I'ayable on demand. Definite time. Payable to order. Payable to bearer. Term s and omissions not affecting negotiability. Seal. Date, antedating, postdating. Incomplete instruments. I n s t r u m e n t s payable to two or more persons. I n s t r u m e n t s payable with words of description. Ambiguous terms and rules of construction. Other writings affecting instrument. I n s t r u m e n t s "payable through" bank. I n s t r u m e n t s payable a t bank. Accrual of cause of action. PART 2 — TRANSFER AND NEGOTIATION

28:3—201. 28:3—202. 28:3—203. 28:3—204. 28:3—205. 28:3—206. 28:3—^207. 28:3—208.

Transfer: right to indorsement. Negotiation. Wrong or misspelled name. Special indorsement; blank indorsement. Restrictive indorsements. Effect of restrictive indorsement. Negotiation effective although it may be rescinded. Reacquisition. PART 3 — R I G H T S OF A HOIJ>EB

28:3—301. 28:3—302. 28:3—303. 28:3—304. 28:3—305. 28:3—306. 28:3—307.

Rights of a holder. Holder in due course. Taking for value. Notice to purchaser. Rights of a holder in due course. Rights of one not holder in due course. Burden of establishing signatures, defenses and due course.

671

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