Indication of collateral
Known as the Uniform Commercial Code
The act spans §§ 4–4 (597 sections).
Applied in 3 court decisions — leading case Greenlee v. Mazda American Credit (2005)
Most recently applied in 2013 Ark. App. 259 - Newsom v. Rabo Agrifinance, Inc. (April 2013)
Acts 2001, No. 1439, § 1.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
(1) a description of the collateral pursuant to § 4-9-108; or
(2) an indication that the financing statement covers all assets or all personal property.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.