New Jersey, effective May 11, 2015, adopted non-uniform amendments to Article 9, section 502, that adds additional requirements to how debtors and secured parties are named and how collateral is described in a financing statement. A secured party’s failure to follow the new …
Update On New York’s Enactment of the 2010 Amendments to UCC Article 9
On December 17, 2014, the Governor of New York signed the legislation enacting the 2010 Amendments to Article 9 of the Uniform Commercial Code and Revised Articles 1 and 7. The new law took effect immediately. As New York did not include the transition rules of the 2010 …
McGarvey Appointed Chairperson of National Uniform State Laws Legislative Council
John McGarvey has been appointed chairperson of the Legislative Council of the National Conference of Commissioners on Uniform State Laws. He also received a 2013 Uniform Law Commission Legislative Award for advocacy on behalf of Article 9. The 2010 Amendments to Article 9 of …
The 2010 Amendments to Article 9 Take Effect July 1 — Are You Ready?
The 2010 Amendments to Article 9 of the Uniform Commercial Code are effective in Kentucky, and most other states, July 1, 2013. M&P’s John McGarvey was a member of the national Drafting Committee for the 2010 Amendments to Article 9 and was named co-chair of the American Bar …
