Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Witnesses urge full adoption of 2022 UCC amendments; committee told omission was drafting error

House Economic Matters Committee · March 25, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Experts and industry groups urged the House committee to adopt the 2022 Uniform Commercial Code amendments in full rather than only Article 12; witnesses warned that passing only part of the UCC could create inconsistent definitions and legal uncertainty and said the omission was due to a drafting/communication error.

Steve Leites, chair of the Maryland Commission on Uniform State Laws, told the committee that Maryland should adopt the 2022 Uniform Commercial Code amendments in full. He warned that if Article 12 (controllable electronic records) were enacted without the related definitional and perfection changes,…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans