Article 9
Contents
Demystifying Article 9: Understanding Secured Transactions and Legal Rights
Discover the intricacies of Article 9 under the Uniform Commercial Code (UCC), exploring its role in governing secured transactions and establishing legal rights in movable or intangible property. From attachment and perfection to public records, delve into the legal framework that underpins commercial transactions.
Unraveling the Uniform Commercial Code
Learn about the Uniform Commercial Code (UCC), a set of standardized business laws that regulate financial contracts across states in the U.S. Explore the history and significance of Article 9 within the UCC, which governs secured transactions and debt enforcement, ensuring uniformity and legal clarity in commercial dealings.
Attachment and Perfection: Legal Foundations of Security Interests
Understand the concepts of attachment and perfection as fundamental legal principles in creating and enforcing security interests under Article 9. Explore how creditors establish priority over collateral and navigate the process of filing financing statements to perfect security interests.
Navigating Public Records and Priority Claims
Explore the role of public records in Article 9 transactions, providing transparency and clarity for creditors regarding existing security interests. Understand how revisions to Article 9 address disputes over ownership priority and streamline rules for attachment and perfection.