Uniform Commercial Code is a codification of commercial law, adopted in most states, that attempts to make uniform all laws relating to commercial transactions, including chattel mortgages and bulk transfers. Security interests in chattels are created by an instrument known as a security agreement. To give notice of the security interest, a financing statement must be recorded. Article 6 of the code regulates bulk transfers-the sale of a business as a whole, including all fixtures, chattels and merchandise.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). uniform commercial code. Retrieved September 20, 2026, from http://smartdefine.org/uniform_commercial_code/definitions/1165897 |
| Chicago | Barry Goldsmith. 2010. "uniform commercial code" http://smartdefine.org/uniform_commercial_code/definitions/1165897 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, uniform commercial code, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/uniform_commercial_code/definitions/1165897>. |
| MLA | Barry Goldsmith. "uniform commercial code" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/uniform_commercial_code/definitions/1165897> |