AN ACT RELATING TO UNIFORM COMMERCIAL CODE -- SECURED TRANSACTIONS

Summary

The bill tightens the rules for filing secured‑transaction records, making a filing valid only when it meets specific information and fee requirements and when the filer is authorized. It also adds clear definitions for terms used in trade‑name filings. The changes aim to reduce fraudulent or incomplete filings and to give businesses clearer guidance on name registration.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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