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Uniform Commercial Code Article 9

Secured Transactions

Article 9 of the UCC deals with secured creditor transactions. Revised Artcile 9 had a statutory implimentation date of 2001. However, some jurisidctions still used pre-revision Article 9. Article 9 provides the states with a uniform rules of which to treat priority security interests and the remedies available under the law. Under revised article 9 for example many people want to know how to recapture property in which they have a security interest.

Article 9 of the UCC deals with secured creditor transactions. Revised Artcile 9 had a statutory implimentation date of 2001. However, some jurisidctions still used pre-revision Article 9. Article 9 provides the states with a uniform rules of which to treat priority security interests and the remedies available under the law. Under revised article 9 for example many people want to know how to recapture property in which they have a security interest.

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