North Carolina Secured Transactions Under Revised Article 9 of the Uniform Commercial Code: Forms and Practice Manual
Prominent North Carolina attorneys have drawn from their extensive experience to bring you this practical, easy-to-use book, containing a comprehensive collection of all the current rules of Revised Article 9, along with extensive commentaries on how they affect the forms and procedures used in North Carolina today.
With the enactment of the 2010 Amendments to UCC Article 9, effective July 1, 2013, it is more important than ever to keep abreast of the rules. The new Amendments address matters that have arisen in practice following more than a decade of experience practicing under the 1998 version of UCC-9, modify the existing statute to respond to filing issues, and provide greater guidance as to the name of an individual debtor to be provided on a financing statement.
Recent Updates Include:
- The first changes to Article 9 since it underwent major revisions more than a decade ago including the transition rules
- Additional Practice Pointers
- The addition of recent case law developments
- Five new forms added this year
Edward C. Winslow III, Esquire, Managing Partner in the Greensboro office of Brooks Pierce, represents business and corporate clients with an emphasis in the fields of banking and financial services. He attended the University of Montpellier in France and Davidson College before earning his J.D. at the University of North Carolina (high honors, Order of the Coif).
Randall A. Underwood, Esquire, a Partner in the Greensboro office of Brooks Pierce, practices primarily in the fields of banking, debt and equity finance, and real estate. He earned his B.S. at the University of North Carolina at Chapel Hill and his J.D. at the University of Virginia.
S. Leigh Rodenbough IV, Esquire, also a Partner in the Greensboro office of Brooks Pierce, practices in the fields of commercial and business tort litigation, commercial real estate, and mergers and acquisitions. He earned his B.A. at the University of North Carolina at Chapel Hill and his J.D. at the University of North Carolina (high honors, Order of the Coif).
Katherine J. Clayton, Esquire, a Partner in the Greensboro office of Brooks Pierce, specializes in bankruptcy and financial restructuring, as well as corporate law. She earned her B.E. at Vanderbilt University (cum laude), her M.B.A. at Duke University, and her J.D. at the University of North Carolina (with honors).
Mary F. Peña, Esquire is an Associate in the Raleigh office of Brooks Pierce where she practices primarily in the fields of corporate and banking law, and appellate litigation. She earned her B.A. at the University of North Carolina, her M.S. at the University of Maastricht in the Netherlands, and her J.D. at the University of North Carolina (high honors, Order of the Coif).
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SUMMARY TABLE OF CONTENTS
Chapter 1: Overview, Definitions, and Governing Law
Chapter 2: Reserved
Chapter 3: Making the Secured Party's Rights Enforceable Against the Debtor
Chapter 4: Perfection
Chapter 5: Financing Statement Mechanics
Chapter 6: Prevailing Against Others
Chapter 7: Particular Types of Collateral
Chapter 8: Proceeds
Chapter 9: Post-Transction Events
Chapter 10: Third Parties—Account Debtors
Chapter 11: Enforcement of Security Interests
Chapter 12: Secured Party's Obligation
Chapter 13: Penalties Against Secured Parties
Chapter 13A: Transfers of Interests in Mortgage Obligations
Chapter 14: Forms