Uniform Commercial Code; revise.
An Act To Enact The 2018 And 2022 Amendments To The Uniform Commercial Code As Recommended By The Uniform Law Commission And The American Law Institute; To Amend Section 75-1-201, Mississippi Code Of 1972, To Amend The Terms "conspicuous," "delivery," "holder," "money," "person" And "send"; To Define The Term "electronic"; To Delete The Term "signed"; To Amend Section 75-1-204, Mississippi Code Of 1972, To Specify That Except As Otherwise Provided In Article 12 Of The Uniform Commercial Code A Person Gives Value For Rights If The Person Acquires Them; To Amend Section 75-2-102, Mississippi Code Of 1972, To Clarify The Scope Of This Chapter; To Provide When A Hybrid Transaction Is Subject To Article 2; To Amend Section 75-2-106, Mississippi Code Of 1972, To Define The Term Hybrid Transaction; To Amend Section 75-2a-102, Mississippi Code Of 1972, To Modify The Scope Of This Chapter As It Concerns A Hybrid Lease; To Amend Section 75-2a-103, Mississippi Code Of 1972, To Define The Term "hybrid Lease"; To Amend Section 75-3-104, Mississippi Code Of 1972, To Revise The Definition Of The Term "negotiable Instrument"; To Amend Section 75-3-105, Mississippi Code Of 1972, To Revise The Definition Of The Term "issue"; To Amend Section 75-3-604, Mississippi Code Of 1972, To Specify That The Obligation Of A Party To Pay A Check Is Not Discharged Solely By Destruction Of The Check In Connection With A Specified Process; To Amend Section 75-4a-201, Mississippi Code Of 1972, To Revise The Definition Of The Term "security Procedure" To Provide That A Security Procedure Agreed To By A Customer And A Receiving Bank May Impose An Obligation Therein; To Provide That A Security Procedure May Require The Use Of Symbols, Sounds, And Biometrics; To Provide That Requiring A Payment Order Be Sent From A Known Email Address, Ip Address, Or Telephone Number Is Not By Itself A Security Procedure; To Amend Section 75-4a-202, Mississippi Code Of 1972, To Revise The Circumstances Under Which Paymen
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