bond-basics

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.


See Also

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.


Deeper Dives

  • Reports and Resources

On Revised Article 9 of the UCC

Report of the Opinions and Documents Committee with respect to the Revised Article 9 of the Uniform Commercial Code.

Hudson Yards Rail Yards

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Cash Flows

Financial analyses which have been prepared in connection with a bond financing.