Uniform Commercial Code: 2022 Amendments — New Article 12 (Interview # 2)

By: Donald L Swanson

This video interview provides an explanation about the new “Article 12 — Controllable Electronic Records,” in the 2022 amendments to the Uniform Commercial Code (“UCC”).

This video is the second of two interview with Edwin Smith about the 2022 UCC amendments. The first interview is linked here.

Edwin Smith is an expert on the 2022 UCC amendments because he chaired the Drafting Committee of the Uniform Law Commission that produced the 2022 UCC amendments.

Ed is also a partner with the Morgan Lewis law firm of New York and Boston and is a Commissioner for Massachusetts with the Uniform Law Commission.

In this video, Edwin Smith answers these three questions about the 2022 UCC amendments:

1. What does the new UCC Article 12 cover?
2. What does the new UCC Article 12 NOT cover?
3. Why is the new UCC Article numbered 12 rather than 10?

Here’s a hug “thank you” to Edwin Smith for providing the information in both interviews!

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