Uniform Commercial Code
Revised Article 9
Scope and Attachment (including Choice of Law)

Introduction

On June 19, 2001, the Alaska Bar Association Business Law Section and Bankruptcy Section sponsored a continuing legal education presentation called Revisions to Article 9: What You Need to Know. Bob Hume was a member of the faculty. Below are written materials Mr. Hume prepared in connection with this continuing legal education presentation.

Permission is granted to view and download these materials, and to display them in their unaltered form for noncommercial purposes. Permission is not granted to modify these materials in any way or to distribute or use them for commercial purposes. See the copyright notice linked below.

To obtain a complete copy of the program materials and a videotape of the complete continuing legal education presentation, contact the Alaska Bar Association.

Faculty Biography

Robert H. Hume, Jr. is a partner of Landye Bennett Blumstein LLP. He received his undergraduate and law degrees from the University of Michigan. He has practiced in Alaska since 1978. He is a member of and co-chair of the Business Law Section and is a member of the Real Estate, Native Law and Bankruptcy Sections of the Alaska Bar Association, and is a member of the Business Law and Real Property, Probate and Trust Sections of the American Bar Association. Mr. Hume represents Native corporations and other local, regional and national interests in a variety of business and real estate transactions, and speaks at continuing education programs on business and bankruptcy matters.

Presentation

Two parts of the presentation are made available here, in several different formats:

First, the presentation is provided as a PowerPoint presentation. You can view the presentation through your web browser; you do not need to have PowerPoint to view the presentation. The slides do not include commentary and notes made during the live presentation, but do provide a valuable outline of the presentation and resource materials regarding scope and attachment, and choice of law, under Revised Article 9 of the Uniform Commercial Code.

One acronym used in the PowerPoint presentation that will be unfamiliar is ACPPIPN (pronounced "ak-pippin"). Four types of intangible property usually are treated the same by Revised Article 9: accounts, chattel paper, payment intangibles and promissory notes. See section 9-109, that applies Article 9 to sales of accounts, chattel paper, payment intangibles and promissory notes. A search through the legal journals and law reviews, as well as the Internet, failed to discover any proposed or accepted acronym for these closely associated types of collateral. Commentators seem to refer to these four types of collateral by specific description, that is, accounts, chattel paper, payment intangibles and promissory notes. However, using ACPPIPN allows handy reference to these four types of collateral, as well as providing a reminder of what collateral types are covered by sales under Article 9. This acronym was coined for this presentation. Time will tell if it finds favor with commentators or courts to refer to collateral consisting of accounts, chattel paper, payment intangibles and promissory notes.

The PowerPoint presentation also is presented as a grayscale portable document format (pdf) document. This will facilitate printing hard copies of the presentation since printing through a browser from the color PowerPoint presentation otherwise may result in copies that are difficult to read, especially if printed on a laser printer. Your web browser needs a pdf reader plugin to read and print the presentation. The pdf reader can be downloaded free from Adobe.

The PowerPoint presentation is available to download. You may then view the presentation using your own PowerPoint software. As noted above, permission is not granted to modify the presentation but you may show the presentation to others without modification.

Second, a diagram illustrating the universe of property covered by Revised Article 9 of the Uniform Commercial Code, by Article 9 property classification, is available as a separate document. This diagram shows the relationships between the various categories of Article 9 property, and is very helpful to understanding the scope of Article 9. The diagram is slide 46 of the PowerPoint presentation. Both black and white and color versions of the diagram are available. They are in pdf format.

PowerPoint presentation
(If you click on the small "screen" icon at the bottom right of the frame, you can view the presentation on your full monitor screen. Click anywhere on the screen to advance to the next slide.)