Legislation

Search OpenLegislation Statutes
This entry was published on 2014-09-22
The selection dates indicate all change milestones for the entire volume, not just the location being viewed. Specifying a milestone date will retrieve the most recent version of the location before that date.
SECTION 2-724
Admissibility of Market Quotations
Uniform Commercial Code (UCC) CHAPTER 38, ARTICLE 2, PART 7
Section 2--724. Admissibility of Market Quotations.

Whenever the prevailing price or value of any goods regularly bought
and sold in any established commodity market is in issue, reports in
official publications or trade journals or in newspapers or periodicals
of general circulation published as the reports of such market shall be
admissible in evidence. The circumstances of the preparation of such a
report may be shown to affect its weight but not its admissibility.