state_legiscan_backfill · DC
Uniform Commercial Code Financing Statement Forms Amendment Act of 2025
January 9, 2025
Summary
If enacted, this bill would prohibit the District of Columbia Recorder of Deeds from refusing written initial UCC financing statements that comply with the International Association of Commercial Administrators standard form or a form adopted by the Chief Financial Officer. This mandate aims to ensure standardization for lenders and creditors when filing security interests.
Source: https://lims.dccouncil.gov/Legislation/B26-0035
Common questions
- What does "Uniform Commercial Code Financing Statement Forms Amendment Act of 2025" cover?
- If enacted, this bill would prohibit the District of Columbia Recorder of Deeds from refusing written initial UCC financing statements that comply with…
- When was it published?
- It was published on January 9, 2025.