Dedicated to Clarifying and Improving the Law
Current Projects
Permanent Editorial Board for the UCC
Purpose:
The PEB assists in attaining and maintaining uniformity in state statutes governing commercial transactions by discouraging non-uniform amendments to the Uniform Commercial Code by the states, and by approving and promulgating amendments to the UCC when necessary. The PEB is a joint committee of ALI and the Uniform Law Commission (ULC).
Status:
On the recommendation of the PEB, a joint review committee was appointed by the ALI and ULC in spring 2008 to to draft modest modifications to the text and comments of UCC Article 9. The committee will not reconsider policy decisions made during the drafting of the Article, except as may be necessary to address any provisions that are creating significant problems in practice.
Drafts:
The most recent edition of the UCC and other products available for purchase can be viewed using the link below.
View the available products related to this project
Public Files
- PEB Commentary-Sections 4A-502(d) and 4A-503 (July 2009)
- November 2004 PEB Report on Effect of Non-Uniform Scope Provisions in Revised Article 9
- May 3, 2005 comments on proposed amendments to Regulation CC
- PEB Statement Regarding December 2005 PEB Report
- December 2005 PEB Report on Maintaining Perfection Beyond June 30, 2006 of Security Interests Created and Perfected by Filing Under Former Article 9
Upcoming meetings
No upcoming meetings are scheduled for this project.