The revised article 9 of Uniform Commercial Code

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The revised article 9 of the Uniform Commercial Code of the United States of America deals with the creation, perfection, and priority of security interests in personal property including accounts receivables and intangibles. Though securitization is not a "security interest" as traditionally understood, yet the UCC article includes provisions relating to securitization.

As such, securitisation transactions are affected by the new article. In general, analysts believe that the new article is favourable for securitisation transactions.

To provide a comprehensive guide on the revised article 9, we provide these significant links: