What AR Should Know About the Uniform Commercial Code’s Article 2A

The Uniform Commercial Code (UCC) has been described as one of the most important developments in American law. The code contains legal definitions and guidelines that can be helpful tools for AR professionals. This is the sixth in a series of articles about the code. When the Uniform Commercial Code's (UCC) original nine articles were introduced in 1952, the equipment leasing industry was in its infancy.1 Nearly three decades later, the industry's tremendous growth domestically and globally…