Part One of this article addressed items on the Article 9 Joint Review Committee's agenda, including naming issues and transmitting utilities. This second installment discusses forms of initial financing statements and amendments, correction statements, control of deposit accounts, intangibles, and the <i>Commercial Money Center</i> and <i>Highland Capital</i> cases.
Alan M. Christenfeld and Shephard W. MelzerPart Two of a Two-Part Article
Forms
Section 9-521 sets forth forms of initial financing statements and amendments. The use of these forms is not mandatory; Section 9-521's purpose is merely to provide “safe harbor” forms that are accepted in all jurisdictions.
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