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.
bond-basics
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.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Dodd-Frank
Statute passed in the wake of the 2008-2009 financial meltdown that enacted sweeping changes in the regulation of financial institutions, municipal advisors, and the financial markets.