Journal article
"IS THE UCC DEAD, OR ALIVE AND WELL? AN INTRODUCTION TO THE PRACTITIONERS' PERSPECTIVES"
Loyola of Los Angeles Law Rreview, Vol.28, pp.89-1495
01 Nov 1994
Abstract
Half a century ago the proposed enactment of the Uniform Commercial Code (UCC or the Code), produced through the joint effort of the National Conference of Commissioners on Uniform State Laws (NCCUSL) and the American Law Institute (ALI), was the subject of heated debate. Over fifty years later, in the midst of extensive revisions to virtually every article of the Code, as well as expansion of the scope of the Code's coverage, the UCC's provisions and revisions are again the subject of vigorous discussion. Many of the arguments raised at the beginning are being raised again: the viability of a commercial code, federal versus state enactment, the role of consumers, the impact of both large commercial interest groups and the banking industry. What are we to make of the continued debate half a century later? Is it merely a demonstration that life moves in cycles and that we have simply come full circle to confront the same unanswerable questions posed years ago? Or does it demonstrate that the arguments made fifty years ago were never successfully rejoined and that objections made then to the Code are equally valid today? Does the repetition establish that we have made no progress over these fifty years? Or have the unavoidable changes in commercial practice and society, brought about by the passage of fifty years, required understandable revision and refinement, opening the door for reiteration of the arguments that today will prove no more successful than they were fifty years ago? This ...
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Details
- Title
- "IS THE UCC DEAD, OR ALIVE AND WELL? AN INTRODUCTION TO THE PRACTITIONERS' PERSPECTIVES"
- Creators
- Amelia H. Boss
- Publication Details
- Loyola of Los Angeles Law Rreview, Vol.28, pp.89-1495
- Publisher
- Loyola of Los Angeles Law Review Loyola of Los Angeles Law Rreview
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Thomas R. Kline School of Law
- Identifiers
- 991020534924404721