Update: UC3 version 1.18.22 hereby replaced with 1.20.22 (“3rd Ed.”)

IMPORTANT – READ CAREFULLY BEFORE DOWNLOADING, ACCESSING OR USING THIS OR ANY PRODUCT SUPPLIED DIRECTLY OR INDIRECTLY BY ANTARAH CRAWLEY (“NEW SYLLABUS”) (THE “AUTHOR”).

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Notes

UC3 version 1.5.22 hereby replaced with 1.18.22 (“2nd Ed.”)

N.B. (NOTA BENE: “TAKE NOTICE”) — UC3 was drafted based on PUBLIC LAW 88-243–DEC. 30, 1963, Title 28 D.C. Code version of Uniform Commercial Code (UCC) Article 1-207, which has since been amended to 1-308–Performance or Acceptance Under Reservation of Rights.

N.B. Amendment 1 UCC 3-2 — (1) A “current” is a current fund existing in an asset or account which may be liquidated in money. A synonym for “current” is “present”, which may be made by presentment for current funds due and payable; as a demand for acceptance or payment made upon the maker, acceptor, drawee or other payor by or on behalf of the holder (UCC 3-501). “Present sales” are made under contract. In an alternating wave current, a present once made in credit may be accrued in debt, and if “presents” are not honored then “presence” may be summoned “in personam” to a court of the “Lex Mercatoria”. (2) A “draft” is made when there is an action of pulling something along, as with a presentment for current funds; such include bills of exchange, promissory notes, bank-checks, and other negotiable instruments (“commercial paper”). A draft is the depth of water necessary to float a ship. (3) Negotiable means capable of being transferred by endorsement or delivery, which is to say that any writing signed by the maker or drawer (“instrument”) which is sent containing an unconditional promise or order to pay a sum certain in money on demand or at a definite time is negotiable. (4) One who signs unconditionally on a promise or order to pay which they are sent thereby makes themself liable in personam subject matter drawn through the commercial “sea”. (5) In summary, “currency” is the medium of exchange of negotiable instruments, whose subject matter is man-made. Negotiable instruments (“currents”) transmitted through the total universe of such instruments (“sea”) constitute the “current-sea”, which functions by virtue of being like a real sea, except by artificial man-made incorporation. The man-made purpose of this “sea” is to float a “ship of state” (“corporation”) with “commercial” jurisdiction over the material world. 17 Jan. 22.

N.B. Amendment 1 UCC 3-6.1 — A natural person is not a “corporation” and not subject to obligations of a corporation, which is an “artificial person” created by the engrafted implied powers of Article I Civil Subject Matter and Art. II Maritime-Admiralty jurisdiction. Natural personam born within the borders of this land are entitled to the privileges and immunities enumerated in the Bill of Rights. 17 Jan. 22.