Indication of collateral
Known as the Uniform Commercial Code
The act spans §§ 12A:1-101 to 12A:9-809 (506 sections).
Applied in 1 court decision — leading case United States v. Leahy (2006)
Most recently applied in United States v. Leahy (March 2006)
L.2001, c.117, s.1; amended 2001, c.386, s.69.
Indication of Collateral.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:
(1) a description of the collateral pursuant to 12A:9-108; or
(2) an indication that the financing statement covers all assets or all personal property.
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.