Is the UCC1 Document applicable to the UK?

by | Apr 22, 2008 | 2008, Q&A | 0 comments

Q: As we live in the UK, we are aware that the UCC1 document is not applicable to us as we come under Statutory Law, or UK Commercial Code, but I am fairly sure that the term UK Commercial Code is not commonly used here.


A: It might interest you to know that UCC filing cover virtually all countries on the planet I file UCC1’s for Canadians there and tell them to file in addition a PPSA (Personal Property Security Act). One is a blanket or more general and the other is specific to their country or State. There is a concept known as ‘perfecting a claim’ which means in essence filing or posting a public notice of claim in a way that is recognized in the jurisdiction you are in. Do some research and find out what is the proper or accepted procedure for making a legal notice in your country.

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