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New UCC Article 12 and Amendments to Article 9: A Practical Approach to Transactions and Opinion Letters

Content Provider
American Law Institute CLE
Product
CLE
Run Time
63 Minutes
Recording Date
08/02/2023
Presenter(s)
Penelope L. Christophorou, Edwin E. Smith, Steven O. Weise
Learning Method
On-Demand Training
Practice Area
Commercial (UCC)

Price $219.00

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Description

The 2022 UCC Amendments became effective in one state on July 1 and will become effective in additional states in July, August, and October of this year. They will become effective in yet more states beginning on January 1, 2024. It’s time to start running deals with the Amendments firmly in mind. This program will give you a head start on how to work the Amendments into your transactions, how to protect your clients against another party using the Amendments, and how the Amendments may affect your deals. Don’t miss this all-new webcast! Stay up-to-date on the changes and learn how to navigate the coming challenges of transactions impacted by the Amendments on the treatment of digital assets, both in sales and as collateral. Join our expert faculty – two of whom serve on the Permanent Editorial Board of the UCC – for the knowledge you need to clear the hurdles that could delay the completion of your deal when defining the control for and of a digital asset. This timely program will simplify the rules and how to apply them when: - Structuring deals - Updating current forms - Writing opinion letters - Conducting due diligence - Dealing with choice of law issues during the transition

Literature

State Status Total Credits Type Of Credit Approved Thru
AlabamaApproved1.00General12/31/2024
AlaskaApproved1.00GeneralOn-going
ArizonaApproved1.00GeneralOn-going
ArkansasApproved1.00GeneralOn-going
CaliforniaApproved1.00Participatory08/01/2028
ColoradoApproved1.00General12/31/2025
ConnecticutApproved1.00GeneralOn-going
DelawareApproved1.10General08/01/2025
FloridaApproved1.50General or Technology04/30/2025
HawaiiApproved1.00General08/01/2025
IdahoApproved1.00General08/01/2028
IllinoisApproved1.00General09/12/2025
IndianaApproved1.00General10/19/2024
IowaApproved1.00General08/01/2024
KansasApproved1.00General10/08/2024
KentuckyApproved1.00General06/30/2024
LouisianaApproved1.00General09/12/2024
MainePending State Response0.00
MinnesotaApproved1.00General09/20/2025
MississippiApproved1.10General09/12/2024
MissouriApproved1.30GeneralOn-going
MontanaApproved1.00General08/02/2026
NebraskaPending State Response0.00
NevadaApproved1.00General12/31/2026
New HampshireApproved1.10General08/22/2026
New JerseyApproved1.00GeneralOn-going
New MexicoApproved1.10General08/22/2028
New YorkApproved1.00SkillsOn-going
North CarolinaApproved1.00General12/31/2024
North DakotaApproved1.00General08/02/2026
OklahomaApproved1.00General10/22/2024
OregonApproved1.00General08/01/2026
PennsylvaniaApproved1.00General09/12/2025
Puerto RicoApproved1.05General12/03/2024
Rhode IslandApproved1.00General06/30/2024
South CarolinaPending State Response0.00
TennesseeApproved1.12General09/12/2024
TexasApproved1.00General09/30/2024
VermontApproved1.00GeneralOn-going
VirginiaApproved1.00General10/31/2024
WashingtonApproved1.00General09/30/2024
West VirginiaApproved1.26GeneralOn-going
WisconsinApproved1.00GeneralOn-going
WyomingApproved1.00General09/12/2024