UCC Article 9 (Secured Transactions)
Superseding previously enacted Report - proposed changes to this Article, which governs security agreements where the property is not real estate. These arrangements are the basis of an important part of commercial finance and many involve interstate transactions, so it is important that the state laws governing them are as nearly uniform as possible. The most significant change proposed concerns specification of the name of debtors who are natural persons.
Statute: L. 2013, c. 65