US Law: Bills to Change the UCC to Stop the Great Taking

Bills to Change the UCC - David Rogers Webb and the Great Taking

Arkansas: House Bill 1659, introduced in the 2025 Regular Session, proposes amendments to UCC 4-8-503(a) to clarify the property interests of entitlement holders in financial assets held by securities intermediaries. ​ South Dakota: House Bill 1122, introduced in 2025, seeks to amend provisions of the UCC related to the priority of claims over financial assets, ensuring that entitlement holders' claims are prioritized over those of creditors of intermediaries. ​ Wyoming: Senate File 189, introduced in 2025, aims to amend the UCC to clarify rules for the applicability of the code for investment securities and to amend priority rules for claims over financial assets. New Hampshire: House Bill 427, introduced in 2025, proposes specifying that New Hampshire state law will govern certain UCC transactions and changes the priority of claims among security interests and entitlement holders. ​ Mississippi: House Bill 170, introduced in 2025, seeks to amend UCC provisions related to the priority of claims over financial assets, ensuring that entitlement holders' claims are prioritized over those of creditors of intermediaries. ​ Wisconsin: Senate Bill 123, introduced in 2025, proposes changes to the UCC as adopted in the state, related to jurisdiction and creditor claims. Additionally, reports indicate that other states, including North Dakota, Tennessee, Oklahoma, Iowa, Utah, and Texas, have introduced or are planning to introduce similar amendments to their UCC provisions in 2025

_________________ The ITM Trading show referenced in the introduction:    • Bank Lobby Threatens ‘Great Taking’ A...   Legiscan: https://legiscan.com/AR/sponsors/HB1659/2025 https://Trackbill.com keyword: relating uniform commercial code Kansas Bills on Transactional Gold and silver: https://billbee.ai/bills/SB39 Kansas Treasury Depository of gold and silver senate bill: https://billbee.ai/bills/SB115