Publisher's Synopsis
A useful text for anyone engaged in commercial finance work. Revised Article 9 is a comprehensive restatement of personal property security transactions: more than one-fourth of its 126 sections are entirely new, and more than three-quarters of the rest contain new language not found in parallel provisions of the old Article 9. Professor McDonnell has provided a research tool to analyze this overhaul. This volume includes: offical text and commentary of Revised Article 9; expert analysis; interpretation, implications and important interactions of the provisions of the new Article; examples to illustrate the workings of the revisions; and a full matter index.