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New York's Proposed UCC Amendments: Will New York Pass Legislative Amendments to Bring Its Uniform Commercial Code in Line with the Rest of the Country?

by Kyle C. Bisceglie Esq., Thomas J. Fleming Esq. and Lori Marks-Esterman Esq. New York's Antiquated UCC: In June 2013 legislation was proposed that would modernize New York's UCC, making a wholesale modification of Articles 3 and 4 governing negotiable instruments and bank procedures. The...