Page 7 - Uniform Commercial Code News Today

Lawmakers in South Dakota introduced legislation to help protect the retirement accounts and property rights of their citizens. Other states should take similar action.

On Thursday, the South Dakota Senate Senate passed a bill that would expressly exclude a central bank digital currency (CBDC) from the definition of money in the state, creating potentially significant roadblocks to its use as such in South Dakota.

In a case involving a fact pattern that could be on a law school exam, EDVA Judge Mark Davis provides a detailed analysis of a series of issues in a complex dispute between a yacht...

Today, the Utah House unanimously passed a bill that would expressly exclude a central bank digital currency (CBDC) from the state's definition of money, creating potentially significant roadblocks to its use as such in the state.

States are starting to move against a little-known law that could destroy your financial investments. The law, originally introduced in the 90s, was sold as a way to shore up the financial system. It was a way to bail out big financial institutions by allowing them to use YOUR investments as collateral in the event of a financial collapse.

Thompson Coburn partner Lee Podair and associate Mona Patel authored a Secured Lender Magazine article in the Jan/Feb 2024 edition that details the legal framework prescribed by Articles 7 and 9 of the Uniform Commercial Code (UCC) for a secured lender seeking to perfect its security interest in electronic bills of lading.

A law was introduced in the '90s that was sold as a way to shore up the financial system. Now, Glenn Beck warns, it could destroy your financial investments. While the law claimed to help, in reality, it was a way to bail out big financial institutions by allowing them to use your investments as...

Businesses are built through hard work and significant investment. One of the most significant investments, and thus greatest assets to a business, is the investment of time and...

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The New York attorney general sued the third-largest bank in the United States over its alleged failure to protect consumers from scammers. "If a bank cannot