§ 9-700 Definitions
§ 9-701 Effective Date
§ 9-702 Savings Clause
§ 9-703 Security Interest Perfected Before Effective Date
§ 9-704 Security Interest Unperfected Before Effective Date
§ 9-705 Effectiveness of Action Taken Before Effective Date
§ 9-706 When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement
§ 9-707 Amendment of Pre-effective-date Financing Statement
§ 9-708 Persons Entitled to File Initial Financing Statement or Continuation Statement
§ 9-709 Priority
§ 9-710 Transitional Provision for Maintaining and Searching Local-Filing Office Records

Terms Used In New York Laws > Uniform Commercial Code > Article 9 > Part 7 - Transition

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Chambers: A judge's office.
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC