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Alaska – Enacts 2010 Amendments to UCC Article 9

Alaska enacted the 2010 Amendments to UCC Article 9 when the governor signed House Bill 9 on June 27, 2013.  The new law adopts the Alternative B safe harbor for sufficiency of individual names in § 9-503(a)(4), incorporates by reference the safe harbor forms set forth in the official text of § 9-521 and takes effect on Monday, July 1, 2013.  Additional resources on the 2010 Amendments to UCC Article 9, including legislative status charts, are available at http://csctransactionwatch.com/amendments/.

If you have questions or need more information on Article 9 legislation, please contact Paul Hodnefield, Associate General Counsel, at phodnefi@cscinfo.com or 800-927-9801, ext. 62375.