New York Signs the 2022 UCC Amendments, Modernizing the Uniform Commercial Code to Address a New Age of Digital Assets

New York has enacted the 2022 Uniform Commercial Code (UCC) Amendments, introducing Article 12 and key Article 9 updates that modernize commercial law for digital assets and clarify how interests in these assets can be perfected and prioritized. Our Finance Team examines what these changes mean for secured parties, originators, and market participants navigating digital asset transactions….
By: Alston & Bird