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This entry was published on 2014-09-22
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SECTION 2-303

Allocation or Division of Risks

Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2, PART 3

Section 2--303. Allocation or Division of Risks.

Where this Article allocates a risk or a burden as between the parties
"unless otherwise agreed", the agreement may not only shift the
allocation but may also divide the risk or burden.