Wiki Law School will soon be moving! Please update your bookmarks. Our future address is www.wikilawschool.org |
Editing Contracts/Uniform Commercial Code
From wikilawschool.net. Wiki Law School does not provide legal advice. For educational purposes only.
The edit can be undone. Please check the comparison below to verify that this is what you want to do, and then publish the changes below to finish undoing the edit.
Latest revision | Your text | ||
Line 157: | Line 157: | ||
Article 9 does not govern security interests in real property, except fixtures to real property. Security interests in real property include [[mortgage loan|mortgage]]s, [[deed of trust (real estate)|deeds of trust]]s, and [[land contract|installment land contract]]s. There may be significant legal issues around security interests in [[Bitcoin]].<ref>{{cite web|last1=Cowan|first1=Miles|title=Uniform Commercial Code and Bitcoin|url=https://www.weusecoins.com/uniform-commercial-code-bitcoin/|website=We Use Coins|accessdate=27 November 2014}}</ref> | Article 9 does not govern security interests in real property, except fixtures to real property. Security interests in real property include [[mortgage loan|mortgage]]s, [[deed of trust (real estate)|deeds of trust]]s, and [[land contract|installment land contract]]s. There may be significant legal issues around security interests in [[Bitcoin]].<ref>{{cite web|last1=Cowan|first1=Miles|title=Uniform Commercial Code and Bitcoin|url=https://www.weusecoins.com/uniform-commercial-code-bitcoin/|website=We Use Coins|accessdate=27 November 2014}}</ref> | ||
The [[Model Tribal Secured Transactions Act]] (MTSTA), a [[model act]] tailored to provide [[Tribe (Native American)|Native American tribes]] with a legal system to govern secured transactions in Indian country, was derived from the UCC, primarily Article 9. | |||
The obligee which is the debtor shall return all assets stated in the collateral to secured party after the perfection of default by secured party in response to protest by the Obligee within specified time frame in the civil code and UCC Article 9-3. | The obligee which is the debtor shall return all assets stated in the collateral to secured party after the perfection of default by secured party in response to protest by the Obligee within specified time frame in the civil code and UCC Article 9-3. | ||
==International influence== | ==International influence== |