What this is: In this article we focus on filing UCC-3 amendments to terminate existing UCC-1 financing statements. What this means: Whether you are a UCC secured party or potential lender there are ...
For lenders participating in United States secured lending transactions, maintaining a perfected security interest under the Uniform Commercial Code (UCC) requires ongoing attention beyond the initial ...
The 2022 UCC updates, effective June 3 in New York, modernize laws for digital assets. They introduce Controllable Electronic Records (CERs), allowing secured parties to perfect interests through ...