This practice guide to UCC Article 9 takes you step-by-step through the function, scope, structure & various applications of Article 9 law. Terminology, procedures, examples & hypotheticals, as well as extensive footnotes, indexes & case & statute tables, sample forms, & agreements, & other materials are provided.

Gilmore, Grant. Security Interests in Personal Property. Boston: Little, Brown & Company, 1965. Two volumes. xxxiv, 651; xiii, 653-1508 pp. Reprinted 1999 by The Lawbook Exchange, Ltd. LCCN 99-10258. ISBN 1-886363-81-1. Cloth. $195. * Written by the late Grant Gilmore, Co-Reporter for Article 9 of the Uniform Commercial Code, this landmark work, often cited, is extremely well respected as an acknowledged authority in this area. Combines an engrossing account of the drafting of Article 9 as it emerged in its final form with important interpretive data relating to security interests. This title is the recipient of both the Order of the Coif and the James Barr Ames award. Now back in print and of continued relevance today.

"This Action Guide is written from the perspective of counsel for the secured party. It tells you what to do to perfect a security interest that will give your client priority over other creditors. It assists you in selecting the appropriate method of perfection and takes you through the steps to perfect a security interest in the particular type of collateral that secures your client's loan, from computer software to fixtures. It also covers searches, preparation of a security agreement, continuation statements, and amendments. This Action Guide addresses practice under revised Article 9 of the Commercial Code that became effective on July 1, 2001. It assumes that revised Article 9 has been adopted in all states relevant to a particular transaction. If a debtor resides in or collateral is located in another state, it will be necessary to determine whether that state has adopted revised Article 9. If not, the laws of that state must be consulted, especially for perfection and filing issues."--Scope of guide, t.p. verso.

"This Action Guide is written from the perspective of counsel for the secured party. It tells you what to do to perfect a security interest that will give your client priority over other creditors. It assists you in selecting the appropriate method of perfection and takes you through the steps to perfect a security interest in the particular type of collateral that secures your client's loan, from computer software to fixtures. It also covers searches, preparation of a security agreement, continuation statements, and amendments. This Action Guide addresses practice under revised Article 9 of the Commercial Code that became effective on July 1, 2001. It assumes that revised Article 9 has been adopted in all states relevant to a particular transaction. If a debtor resides in or collateral is located in another state, it will be necessary to determine whether that state has adopted revised Article 9. If not, the laws of that state must be consulted, especially for perfection and filing issues. Parties : the grantor of the security interest is referred to as the "debtor." The grantee is referred to as the "secured party."--Scope of guide, t.p. verso

The Fourth Edition continues the emphasis on real-life problems and transactions that has distinguished these teaching materials for decades. As in previous editions, the Problems are tailored to focus the student's attention on the relevant statutory language and its application to common patterns of secured financing. They emphasize counseling, planning, drafting, and litigation skills. In addition to more traditional Problems, which ask the student to predict the outcome, many of the Problems ask the student to give advice to clients, to structure transactions, and to draft certain provisions of documents. As in the Third Edition, many of the Problems are based upon Prototype transactions that feature actual transaction documents. The first'financing an automobile dealer's inventory and financing a consumer buyer's purchase of an automobile from the dealer'affords the basis for a discussion of basic Article 9 concepts in a concrete setting. The second Prototype features an accounts and inventory ?borrowing-base? secured credit facility and includes a revolving credit agreement and security agreement. This Prototype forms the basis for detailed coverage of various types of financing secured by receivables and other intangible property.