Tangible Chattel Paper | Practical Law

Tangible Chattel Paper | Practical Law

Tangible Chattel Paper

Tangible Chattel Paper

Practical Law Glossary Item 1-382-9826 (Approx. 2 pages)

Glossary

Tangible Chattel Paper

Defined in the UCC as chattel paper evidenced by a record or records consisting of information inscribed on a tangible medium (UCC § 9-102(a)(79)).
Tangible chattel paper is an asset type over which an entity can grant a security interest under Article 9 of the UCC.