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Last reviewed 08-20-2026Short-Sale.com Editorialglossary

UNIFORM COMMERCIAL CODE

California Department of Real Estate

Updated 08-20-2026

UNIFORM COMMERCIAL CODE

Establishes a unified and comprehensive method for regulation of security transactions in personal property, superseding the existing statutes on chattel mortgages, conditional sales, trust receipts, assignment of accounts receivable and others in this field.

California Department of Real Estate Glossary

California Department of Real Estate · p. 34

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