4. The term "knowledge" is used in Section 2 regarding notice under the RUAA and is referenced in Section 12(a) concerning disclosure. It is based on the definition used in Article 1-201 of the Uniform Commercial Code. "Actual knowledge" as used in this Act is not intended to include imputed or constructive knowledge.

5. Section 1(6) is based on the definition of "record" in Sec. 5-102(a)(14) of the Uniform Commercial Code and in proposed revised Article 2 of the Uniform Commercial Code and is intended to carry forward established policy of the Conference to accommodate the use of electronic evidence in business and governmental transactions. It is not intended to mean that a document must be filed in a governmental office nor is it meant to imply that the term "written" or like phrases in other statutes of an enacting State may not be given equally broad interpretation as the term "record."

§8702.__Notice

1.__Notice by taking action.__Except as otherwise provided in this chapter, a person gives notice to another person by taking action that is reasonably necessary to inform the other person in ordinary course, whether or not the other person acquires knowledge of the notice.

2.__Knowledge or receipt of notice.__A person has notice if the person has knowledge of the notice or has received notice.

3.__Attention or delivery.__A person receives notice when it comes to the person's attention or the notice is delivered at the person's place of residence or place of business, or at another location held out by the person as a place of delivery of such communications.

Uniform Comment

1. The conditions of giving and receiving notice are based on terminology used in Article 1-201(25) of the Uniform Commercial Code. Section 2 spells out standards for when notice is given and received rather than requiring any particular means of notice. This allows parties to use systems of notice that become technologically feasible and acceptable, such as fax or electronic mail.