• Revisions to Article 9 of the Uniform Commercial Code
  • July 30, 2003
  • Law Firm: Strauss & Troy, A Legal Professional Association - Cincinnati Office
  • Article 9 of the Uniform Commercial Code ("UCC"), which relates to secured transactions, recently underwent substantial revisions. The revisions are intended to bring greater certainty to financing transactions and reduce transaction costs and the cost of credit. The objectives are achieved in two primary ways: