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The Emerged and Emerging New Uniform Commercial Code--2002

The drafting of amendments to Articles 3 and 4 has recently been completed and the amendments are now under consideration by The American Law Institute (ALI) and the National Conference of Commissioners on Uniform State Laws (NCCUSL). These amendments constitute important changes and clarifications in traditional rules governing checks and promissory notes and their enforcement. Included in these amendments is a re-writing of the rules governing the suretyship defenses for negotiable instruments in a manner that achieves consistency with the rules governing other commercial transactions under the ALI Restatement of Suretyship and Guaranty. Revised Article 9, now in effect for more than a year, has been enacted in all states. As a result, Revised Article 9 is examined from the perspective of those who were involved in its drafting and have since been studying its impact on a day-to-day basis, both in practice and as teachers. After reviewing some of the major changes achieved by Revised Article 9, including the new rules on filing and enforcement, the materials analyze the effects of the new statute on certain special categories of commercial transactions that have received extensive recent attention, e.g. securitization, leasing, and the use as collateral of certain kinds of property that may be subject to restrictions against such use. CH035

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Uniform Commercial Code Article 7 Revision (0 pp) $29.00

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Recent Decisions under Articles 3 and 4 (0 pp) $29.00

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Selected Payments Cases 2001-2002 (0 pp) $29.00

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Suretyship Defenses under Article 3 and the ALI Restatement of Suretyship and Guaranty (0 pp) $29.00

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Revised Article 9 – A Glimpse: Types of Collateral (0 pp) $29.00

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Various Filing Issues of Interest (0 pp) $29.00

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Proposal for a Uniform State Law on What Constitutes a True Sale of a Right to Payment (0 pp) $29.00

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Revised Article 9 Anti-Assignment Rules (0 pp) $29.00

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Revised Article 9 – A Practical Guide to Perfecting and Maintaining Perfection of Security (0 pp) $29.00

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Default and Enforcement (0 pp) $29.00

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Default and Enforcement – A Discussion Problem (0 pp) $29.00

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