HB 8324·RI·house
AN ACT RELATING TO UNIFORM COMMERCIAL CODE -- SECURED TRANSACTIONS
Signed into LawFiled Mar 20, 2026
Sponsor: Mary Ann Shallcross-Smith (D)
Latest Action
Signed by Governor
Jun 23, 2026
Summary
The act tightens filing requirements for secured transactions, forces clear disclosures on any third‑party solicitations to businesses, and provides a process for victims to challenge fraudulent financing statements and false entity formations. It affects lenders, businesses, filing offices, and regulated institutions by adding notice, fee, and review procedures, and gives the attorney general and businesses private enforcement powers.
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