Changes are acoming

Posted By: HRH Okie Banker

Changes are acoming - 11/17/10 08:41 PM

From the American Bar Association:

"The 2010 amendments to the Official Text of Article 9 of the Uniform Commercial Code were approved in 2010 by the Uniform Commercial Code’s sponsoring organizations, the American Law Institute and the Uniform Law Commission. These 2010 amendments (the “Amendments”) are expected to be considered by state legislatures as early as 2011 with a view to all states enacting the Amendments by their July 1, 2013, uniform effective date." located at:

http://www.abanet.org/buslaw/committees/CL190000pub/newsletter/201011/201011.pdf

Page 5 discusses "CHANGES RELATING TO THE FILING RULES"