Legal Alert - UPDATE: UCC Amendments Signed by Governor Brewer
by David A. Sprentall and Craig K. Williams
The 2010 Amendments to Article 9 of the Arizona Uniform Commercial Code are now effective.
UCC Amendments Pass Both Houses of the Arizona Legislature
This alert was previously published on April 17, 2014.
SB 1046, which is Arizona’s version of the 2010 amendments to Article 9 of the Uniform Commercial Code (Secured Transactions) (UCC), has passed both Houses of the Arizona Legislature and may be signed by the Governor in the next few days. The bill contains an emergency clause, which means the amendments become effective immediately when the Governor signs the bill.