Uniform Commercial Code (“UCC”)
UCC is an abbreviation for the “Uniform Commercial Code,” which governs the transfer of security interests in personal property pursuant to state law.
bond-basics
Financing Statement
Another name for a UCC form, filed in the state and/or county where the security for the repayment of the Bonds is located or the transaction is taking place, which may be required to perfect a Security Interest in certain property and revenues.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Borrower’s Counsel
An attorney or firm of attorneys serving as counsel to the borrower in connection with a conduit financing.