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Failure to enact changes to Article 9 of the Uniform Commercial Code this year would not only throw Connecticut laws out of whack with at least 37 other states; it would push up transaction costs, and perhaps even discourage out-of-state lenders from backing local ventures, say corporate finance lawyers vigorously opposing a bill that would implement the changes as of Feb. 1, 2002.
May 25, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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