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2022 UCC amendments place controls burden on smaller dealers, lenders

2022 UCC amendments cover 33 jurisdictions across U.S.

Johnnie Martinez II

New York’s adoption of the 2022 Uniform Commercial Code amendments could increase burdens on smaller dealers and lenders to ensure that documentation meets new requirements.  The changes, which New York passed last month, are also in effect in 31 other states and Washington, D.C. The 2022 UCC amendments take effect in New York on June 3, and change how digital assets and hybrid transactions — must […]

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