Revised U.C.C. Article 9's Transition Rules: Insuring a Soft Landing

Revised U.C.C. Article 9's Transition Rules: Insuring a Soft Landing

Revised Article 9 of the Uniform Commercial Code is scheduled to become effective on July 1, 2001. It has already been enacted in 15 states, and it is anticipated that it will be enacted timely throughout the country. This Article discusses the transition provisions in depth and suggests practical s...

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Veröffentlicht in:The Business Lawyer 2000-05, Vol.55 (3), p.1065-1114
Hauptverfasser: Sigman, Harry C., Smith, Edwin E.
Format: Artikel
Sprache:eng
Schlagworte:
Analysis
Article 9
Changes
Collateral
Commercial law
Debtors
Fees
Jurisdiction
Law reform
Laws, regulations and rules
Payments
Perfection
Personal property
Secured transactions
Security interests
Soft landings
State court decisions
State laws
Torts
Trademarks
Uniform Commercial Code-US
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Beschreibung
Zusammenfassung:Revised Article 9 of the Uniform Commercial Code is scheduled to become effective on July 1, 2001. It has already been enacted in 15 states, and it is anticipated that it will be enacted timely throughout the country. This Article discusses the transition provisions in depth and suggests practical steps that should be taken by secured parties even before the effective date. The second segment of this Article will appear in the August 2000 issue of The Business Lawyer.
ISSN:0007-6899
2164-1838