Uniform Commercial Code (“UCC”)
UCC is an abbreviation for the “Uniform Commercial Code,” which governs the transfer of security interests in personal property pursuant to state law.
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Financing Statement
Another name for a UCC form, filed in the state and/or county where the security for the repayment of the Bonds is located or the transaction is taking place, which may be required to perfect a Security Interest in certain property and revenues.
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Hundreds of Terms and Concepts
Issue Price
A term defined in the Code and generally meaning, depending on the context, the dollar price at which a maturity of a bond issue or all of the bond issue was offered to the public by the underwriter.