Uniform Commercial Code, UCC – The Note, The Transferee and the Wardrobe

Random Repost. Blast from the Past. Going to start off each day with a random repost from the archives… “The Florida Uniform Commercial Code speaks of the transferable right of enforcement of the secured obligation, commonly referred to as the “promissory note”. Generally, the right of en-forcement of the promissory note is transferable only by … Read more

Uniform Commercial Code, UCC – The Note, The Transferee and the Wardrobe

“The Florida Uniform Commercial Code speaks of the transferable right of enforcement of the secured obligation, commonly referred to as the “promissory note”. Generally, the right of en-forcement of the promissory note is transferable only by delivery of the instrument itself to the transferee. The key issue is transfer. Defense counsel must identify the circumstances … Read more