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Draft amendments to UCC transition provisions proposed for H.206
Summary
Committee counsel proposed two technical amendments to the Universal Commercial Code transition language in H.206 to add the word "before" in a saving clause and to harmonize dates related to security‑interest perfection; the sponsor said he will offer the amendments at the next meeting.
Ray Seddak, counsel to the committee, presented two narrowly targeted drafting amendments to the transition provisions of H.206, the Universal Commercial Code update. The first inserts the word "before" into a session‑law saving clause so language reads "transactions validly entered into before…
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