Secured Transactions: Scope of Article 9 Podcast
The topic of this podcast is to summarize and evaluate the nature of security interests covered by Article 9. It will also cover transactions that are within the scope of UCC Article 9 even though the parties may not have intended to create a security interest. The primary code section associated with this inquiry is 9-109. This podcast primarily focuses on security interests created under Article 9, with tips for the type of question often asked on bar exams. At the conclusion of the podcast you should be able to (1) recognize transactions that are governed by Article 9; (2) recognize transactions such as sales of accounts and promissory notes that are likewise governed by Article 9; and (3) identify transactions that are not governed by Article 9 because they do not fit within our traditional construct of the security interest or are specifically excluded transactions.