UCC stands for “Uniform Commercial Code, which is a set of laws that provide legal rules and regulations governing business dealings and transactions. This code was first published in 1952 and has been revised several times over the years. The code was created to make it easy for companies to conduct business across the United States. The UCC has been enacted, with some local variations, in all 50 states.
UCC filings primarily deal with transactions involving personal property, such as machinery, equipment, and livestock. The UCC does not address dealings in real property, such as land or houses. UCC filings … Read More