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Amendment to the New Jersey Uniform Commercial Code
Posted in Bankruptcy & Creditor's Rights, Business & Corporate, Collections, Stark News
The New Jersey Uniform Commercial Code (the “UCC”) was amended, effective May 11, 2015, imposing new requirements on the filing of a financing statement to perfect a security interest in collateral within the scope of Article 9 of the UCC. The amendment provides that in order to be sufficient, a… Continue reading