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Unpublished Paper
SUMMARY OF THE 2010 AMENDMENTS TO CHAPTER 9 OF THE TEXAS UNIFORM COMMERCIAL CODE
ExpressO (2012)
  • Allen J Dickey
Abstract

The American Law Institute and the Uniform Law Commission (ULC) approved certain amendments to Article 9 of the Uniform Commercial Code in 2010. The ULC Amendments were considered and approved, with some non-uniform changes, by Texas in 2011 with a July 1, 2013 effective date. The three most noteworthy ULC amendments impact: (i) the required name of an individual on a financing statement, (ii) the perfection of collateral following the debtor’s relocation to a new jurisdiction, and (iii) collateral acquired by a new debtor. This paper provides a summary of the three most noteworthy changes to Article 9 of the Texas Uniform Commercial Code and a brief discussion of less material statutory amendments.

Keywords
  • ucc,
  • texas,
  • secured transactions
Disciplines
Publication Date
November 19, 2012
Citation Information
Allen J Dickey. "SUMMARY OF THE 2010 AMENDMENTS TO CHAPTER 9 OF THE TEXAS UNIFORM COMMERCIAL CODE" ExpressO (2012)
Available at: http://works.bepress.com/allen_dickey/1/