Archive for July, 2013

Article 9 of UCC revisions effective July 1, 2013

Article 9 of the Uniform Commercial Code (the “UCC”) governs secured transactions between lenders and borrowers covering personal property which is pledged as collateral.  The provisions of Article 9 apply to borrowers who are either individuals or a business entity.  Putting third parties on notice of a security interest or perfection of a security interest […]