Interpretation, Construction and Revision of the Commercial Code: The Presumption of Holding in Due Course
Washington University Law Quarterly
It is usually assumed that the codification of the law or of a particular statute goes through four stages. These are drafting, enactment, interpretation, and revision. Due to a number of unusual circumstances, the history of the Uniform Commercial Code has not clearly followed these steps. So as a preliminary matter it might be beneficial briefly to review it.
Frederick K. Beutel,
Interpretation, Construction and Revision of the Commercial Code: The Presumption of Holding in Due Course,
1966 Wash. U. L. Q. 381
Available at: https://openscholarship.wustl.edu/law_lawreview/vol1966/iss4/1