Difference between revisions of "Article 9"
Jump to navigation
Jump to search
m |
|||
| Line 1: | Line 1: | ||
| − | Article 9 is the provision of the [[ | + | '''Article 9''' is the provision of the [[Uniform Commercial Code]] (UCC) that governs secured transactions, including consignments. |
An electronic UCC financing statement is filed to protect the secured party's legal interests. In many states, this form is available online.<ref>[http://appsext8.dos.state.ny.us/pls/ucc_public/web_search.main_frame New York UCC electronic filing website]</ref> Before filing a UCC financing statement, it is necessary to confirm the legal status of a corporate debtor and to use its precise legal name.<ref>[http://www.dos.state.ny.us/corp/corpwww.html New York website for confirming the legal status of corporations]</ref><ref>[http://www.corporations.state.pa.us/ucc/soskb/SearchStandardRA9.asp Pennsylvania website for confirming the legal status of corporations]</ref> | An electronic UCC financing statement is filed to protect the secured party's legal interests. In many states, this form is available online.<ref>[http://appsext8.dos.state.ny.us/pls/ucc_public/web_search.main_frame New York UCC electronic filing website]</ref> Before filing a UCC financing statement, it is necessary to confirm the legal status of a corporate debtor and to use its precise legal name.<ref>[http://www.dos.state.ny.us/corp/corpwww.html New York website for confirming the legal status of corporations]</ref><ref>[http://www.corporations.state.pa.us/ucc/soskb/SearchStandardRA9.asp Pennsylvania website for confirming the legal status of corporations]</ref> | ||
Revision as of 01:35, December 23, 2007
Article 9 is the provision of the Uniform Commercial Code (UCC) that governs secured transactions, including consignments.
An electronic UCC financing statement is filed to protect the secured party's legal interests. In many states, this form is available online.[1] Before filing a UCC financing statement, it is necessary to confirm the legal status of a corporate debtor and to use its precise legal name.[2][3]