Learn how a UCC-1 Financing Statement secures a creditor's interest in a borrower's personal property and outlines the order ...

The Uniform Commercial Code (“UCC”) is a comprehensive set of laws governing commercial transactions. It was designed and drafted with the aim of standardizing, harmonizing, and simplifying the laws ...

In July 2022, the Uniform Law Commission and American Law Institute approved new amendments to the Uniform Commercial Code (UCC). As the Uniform Law Commission states, “The Uniform Commercial Code ...

Important provisions in the Uniform Commercial Code (UCC) contain highly problematic elements that undermine Americans’ individual rights and threaten the stability of the U.S. economy. This Tip Sheet ...

PIERRE — In a Groundhog Day like fashion, lawmakers picked up where they left off in 2023 after Gov. Kristi Noem vetoed a bill that would’ve added updates to a package of laws that regulate interstate ...

There is an intense debate ongoing in the state of Tennessee about a bill to update its Uniform Commercial Code. In years past, this might have been seen as an uncontroversial and boring change to the ...

Article 9 of the Uniform Commercial Code (UCC) governs secured transactions, and Part 6 of this article governs the rights and duties of the parties in the event of default. In the event of default by ...

November 10, 2023 - States are actively developing comprehensive frameworks that more reliably enable the use of digital assets like cryptocurrencies, non-fungible tokens ("NFTs"), and other ...

The UCC‑1 form is a staple of any secured lending practice. In the wake of the 2022 proposed Uniform Commercial Code (UCC) amendments, which have been adopted in 24 jurisdictions, many jurisdictions ...