The Uniform Commercial Code becomes operative in Nebraska at midnight on September 1, 1965. From that time, Article 9 of the Code—the Article on Secured Transactions—will regulate, regardless of its form, practically any transaction within the jurisdiction of the State in which the intention is to create a security interest in personal property or fixtures. The purpose of this paper is to delineate and explain the rules of Article 9 which apply to and regulate transactions intended to create security interests in collateral which is either consumer goods or equipment.
Attachment … I. Security Agreement … II. Value … III. Debtor’s Rights in the Collateral
The Financing Statement
The Security Agreement Provisions … I. Sanctioned … II. Unsanctioned … III. Under Nebraska Statutes … IV. Under Code
Jerrold L. Strasheim,
Article 9 of the Uniform Commercial Code as It Relates to Secured Transactions in Which the Collateral Is Consumer Goods or Equipment,
43 Neb. L. Rev. 826
Available at: http://digitalcommons.unl.edu/nlr/vol43/iss4/9