Difference between revisions of "Article 9"
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'''Article 9''' is the provision of the [[Uniform Commercial Code]] (UCC) that governs secured transactions, including consignments. | '''Article 9''' is the provision of the [[Uniform Commercial Code]] (UCC) that governs secured transactions, including consignments. | ||
Revision as of 15:49, July 3, 2012
It has been suggested that this article or section be merged with [[::Uniform Commercial Code|Uniform Commercial Code]]. (Discuss)
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]