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Classifying Credit Card Receviables under the U.C.C.: Playing with Instruments

Abstract

This article explores how the billions of dollars owed to merchants and banks on credit card transactions should be classified under Article 9 of the Uniform Commercial Code. Resolution of this issue affects whether the many creditors of these merchants and banks must file a financing statement or take possession of a writing in order to perfect their security interests in such receivables.

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32 Ariz. L. Rev. 789 (1990)

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