How to Enforce a UCC Article 9 Security Interest in Texas After a Borrower Default on Business Equipment Loans
Texas secured lenders can repossess and sell business equipment after default if their UCC Article 9 security interest is attached, perfected, and enforced through a “commercially reasonable” disposition. In Texas, these steps are governed primarily by the Texas Business & Commerce Code (UCC) and often intersect with Texas remedies and contract terms. This article explains […]