A part of the Manhattan skyline as seen from the East River. Photo: Ryland West/ALM The Imperative for New York To Adopt the 2022 Amendments to the UCC
Alan Kolod and Eric Marcus, members of the subcommittee of the NYC Bar Association committee that helped prepare the New York version of the 2022 UCC Amendments, share their views on the importance of New York enacting the new proposed amendments to the Uniform Commercial Code.
December 06, 2023 at 10:00 AM
8 minute read
Expert Opinion
New York State Senator Brad Hoylman-Sigal deserves high praise for sponsoring a bill to enact key new Uniform Commercial Code (UCC) Article 12 to New York's UCC. NY State Senate Bill 2023-S7244 (nysenate.gov) Article 12 provides rules governing transfers of "controllable electronic records," the legal name for one type of "digital asset."
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