The PEB Comments!
On March 4th, the PEB issued four new draft commentaries, which address choice-of-law rules, enforcement of obligations of securities intermediaries, and priority of liens on receivables perfected by financing statements. In this edition of her Secured Transactions column, Barbara M. Goodstein surveys all four draft commentaries and touches on their importance as they relate to finance practitioners.
April 01, 2021 at 07:50 AM
11 minute read
As readers of this column know, the complexities of the Uniform Commercial Code can challenge both jurists and practitioners. One very helpful resource in successfully navigating the UCC is the Permanent Editorial Board for the Uniform Commercial Code. The PEB is a joint committee composed of members of the American Law Institute and the Uniform Law Commission, and from time to time issues commentaries interpreting the UCC or its Official Comments.
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