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California Enacts the 2010 Amendments to UCC Article 9
Practical Law Legal Update 7-544-8505 (Approx. 3 pages)
California Enacts the 2010 Amendments to UCC Article 9
by Practical Law Finance
| Published on 08 Oct 2013 • USA (National/Federal) |
California has enacted the 2010 amendments to Article 9 of the Uniform Commercial Code.
California enacted the 2010 amendments to Article 9 of the Uniform Commercial Code (2010 Amendments) when the governor signed the bill AB 502 on October 4, 2013. The bill provides for:
- A non-uniform safe harbor for sufficiency of an individual debtor name in § 9-503(a).
- A non-uniform effective date of July 1, 2014.
For more information about all of the non-uniform provisions enacted in California regarding the 2010 Amendments, see Practice Note, Proposed 2010 Amendments to UCC Article 9: State-by-state Adoption: California.
Most states have now enacted the 2010 Amendments, which had a proposed uniform effective date of July 1, 2013. The five states yet to enact the 2010 Amendments are New York, Alabama, Arizona, Oklahoma and Vermont.
For more information on the 2010 Amendments, see: