Download This PaperArticle Foreword: ‘Is the UCC Dead, or Alive and Well? An Introduction to the Practitioners’ Perspectives’
13 Pages Posted: 4 May 2020
Date Written: November 1994
Abstract
Half a century ago the proposed enactment of the Uniform Commercial Code (UCC or the Code), produced through the joint effort of the National Conference of Commissioners on Uniform State Laws (NCCUSL) and the American Law Institute (ALI), was the subject of heated debate. Over fifty years later, in the midst of extensive revisions to virtually every article of the Code, as well as expansion of the scope of the Code's coverage, the UCC's provisions and revisions are again the subject of vigorous discussion. Many of the arguments raised at the beginning are being raised again: the viability of a commercial code, federal versus state enactment, the role of consumers, the impact of both large commercial interest groups and the banking industry.
Keywords: Uniform Commercial Code, National Conference of Commissioners on Uniform State Laws, American Law Institute
Suggested Citation: Suggested Citation