New Jersey § 12a:1-103
Full text of New Jersey New Jersey Statutes § 12a:1-103, with citation guidance and answers to common questions.
§ 12a:1-103.
a. The Uniform Commercial Code shall be liberally construed and applied to promote
its underlying purposes and policies, which are: (1) to simplify, clarify, and modernize the law governing commercial transactions; (2) to permit the continued expansion of commercial practices through custom, usage,
and agreement of the parties; and (3) to make uniform the law among the various jurisdictions. b. Unless displaced by the particular provisions of the Uniform Commercial Code, the
principles of law and equity, including the law merchant and the law relative to capacity
to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion,
mistake, bankruptcy, and other validating or invalidating cause supplement its provisions.
Frequently Asked Questions About New Jersey § 12a:1-103
What does New Jersey Statutes § 12a:1-103 cover?
Section 12a:1-103 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:1-103?
A common citation format is "New Jersey Statutes § 12a:1-103" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:1-103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.