West Virginia § 46-1-103 Construction of uniform commercial code to promote its purposes and policies; applicability of supplemental principles of law

West Virginia Statutes

§ 46-1-103 — Construction of uniform commercial code to promote its purposes and policies; applicability of supplemental principles of law

West Virginia § 46-1-103

Ch. 46UNIFORM COMMERCIAL CODE

Art. 1GENERAL PROVISIONS

This text of West Virginia § 46-1-103 (Construction of uniform commercial code to promote its purposes and policies; applicability of supplemental principles of law) is published on Counsel Stack Legal Research, covering West Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

W. Va. Code § 46-1-103 (2026).

Text

(a)This chapter must 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 this chapter, 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.

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(a) This chapter must 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 this chapter, 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.