2025-2026 Session
Change SessionH.206 (Act 17)
An act relating to the Uniform Commercial Code
Rep. Michael Marcotte
,
Rep. Edye Graning , Rep. Kirk White
5/14/2025 - House message: Governor approved bill on May 13, 2025
- Sponsor(s)
-
- Rep. Michael Marcotte
- Additional Sponsors
- Rep. Edye Graning
- Rep. Kirk White
- Last Recorded Action
- Senate 5/14/2025 - House message: Governor approved bill on May 13, 2025
Bill/Resolution Text
NOTE: to print information that appears on a tab within the bill page, use the Print link on that tab.
An act relating to the Uniform Commercial Code
Detailed Status
Regular Session 2025-2026
| Body | Date | Journal | Calendar | Location | Full Status |
|---|
An act relating to the Uniform Commercial Code
Roll Call History
Regular Session 2025-2026
| Body | Date | Journal | Location | Full Status |
|---|
Although procedurally bills and resolutions are assigned to only one committee at a time, other committees may review the bill or resolution. This page contains results from both the assigned committee as well as other committees.
An act relating to the Uniform Commercial Code
Committee Meetings
Regular Session 2025-2026
| Meeting Date | Committee |
|---|
An act relating to the Uniform Commercial Code
Meeting Full List
Regular Session 2025-2026
Tuesday, March 11, 2025
- Committee(s):
- House Committee on Commerce and Economic Development
- 1:00 PM
-
H.206 - An act relating to the Uniform Commercial Code
Committee Discussion and Vote
Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Carl Lisman, President, Lisman Leckerling, P.C.
Jim Knapp, Co-Chair, Vermont Bar Association Property Law Section
Tuesday, April 1, 2025
- Committee(s):
- Senate Committee on Finance
- 1:30 PM
-
H.206 - An act relating to the Uniform Commercial Code
Walk-through
Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Carl Lisman, President, Lisman Leckerling, P.C.
Thursday, April 10, 2025
- Committee(s):
- Senate Committee on Finance
- 3:45 PM
-
H.206 - An act relating to the Uniform Commercial Code
Amendment walk-through
Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Carl Lisman, President, Lisman Leckerling, P.C.
Thursday, April 17, 2025
- Committee(s):
- Senate Committee on Finance
- 2:00 PM
-
H.206 - An act relating to the Uniform Commercial Code
Vote
Tuesday, April 22, 2025
- Committee(s):
- Senate Committee on Finance
- 2:45 PM
-
H.206 - An act relating to the Uniform Commercial Code
Amendment
Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Friday, April 25, 2025
- Committee(s):
- House Committee on Commerce and Economic Development
- 2:40 PM
-
H.206 - An act relating to the Uniform Commercial Code
Senate Proposal of Amendment Walk-through and Straw-poll Vote
Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Committee Documents
An act relating to the Uniform Commercial Code
Witnesses Who Testified
Regular Session 2025-2026
House Committee on Commerce and Economic Development
- Jim Knapp, Co-Chair, Vermont Bar Association Property Law Section
- Carl Lisman, President, Lisman Leckerling, P.C.
- Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Senate Committee on Finance
- Carl Lisman, President, Lisman Leckerling, P.C.
- Rik Sehgal, Legislative Counsel, Office of Legislative Counsel
Fiscal notes and materials available on this web page are provided for informational purposes only, and may not comprise all materials received by the Vermont Legislature or the final fiscal information related to a specific bill. The Legislature is not responsible for the accuracy of any information in these materials, and their posting does not constitute approval or endorsement by the Legislature.
No fiscal documents found for H.206 in the Regular Session 2025-2026.
No committee of conference members found for H.206 in the Regular Session 2025-2026.
An act relating to the Uniform Commercial Code
Committee of Conference Meetings
Regular Session 2025-2026
| Meeting Date | Committee |
|---|
An act relating to the Uniform Commercial Code
Committee of Conference Meeting Full List
Regular Session 2025-2026
No committee of conference meeting history found for H.206 in the Regular Session 2025-2026.
No committee of conference report found for H.206 in the Regular Session 2025-2026.
Act
An act relating to the Uniform Commercial Code
Statutes Affected
Regular Session 2025-2026
| Statute |
|---|
| 9A V.S.A. § 1-102. Scope of article |
| 9A V.S.A. § 1-204. Value |
| 9A V.S.A. § 1-301. Territorial applicability; parties' power to choose applicable law |
| 9A V.S.A. § 1-306. Waiver or renunciation of claim or right after breach |
| 9A V.S.A. § 2-102. Scope; certain security and other transactions excluded from this article |
| 9A V.S.A. § 2-106. Definitions: 'contract'; 'agreement'; 'contract for sale'; 'sale'; 'present sale'; 'conforming' to contract; 'termination'; 'cancellation' |
| 9A V.S.A. § 2-201. Formal requirements; statute of frauds |
| 9A V.S.A. § 2-202. Final written expression: parol or extrinsic evidence |
| 9A V.S.A. § 2-203. Seals inoperative |
| 9A V.S.A. § 2-205. Firm offers |
| 9A V.S.A. § 2-209. Modification, rescission, and waiver |
| 9A V.S.A. § 2A-102. Scope |
| 9A V.S.A. § 2A-103. Definitions and index of definitions |
| 9A V.S.A. § 2A-107. Waiver or renunciation of claim or right after default |
| 9A V.S.A. § 2A-201. Statute of frauds |
| 9A V.S.A. § 2A-202. Final written expression; parol or extrinsic evidence |
| 9A V.S.A. § 2A-203. Seals inoperative |
| 9A V.S.A. § 2A-205. Firm offers |
| 9A V.S.A. § 2A-208. Modification, rescission and waiver |
| 9A V.S.A. § 3-104. Negotiable instrument |
| 9A V.S.A. § 3-105. Issue of instrument |
| 9A V.S.A. § 3-401. Signature |
| 9A V.S.A. § 3-604. Discharge by cancellation or renunciation |
| 9A V.S.A. § 4A-103. Payment order-definitions |
| 9A V.S.A. § 4A-201. Security procedure |
| 9A V.S.A. § 4A-202. Authorized and verified payment orders |
| 9A V.S.A. § 4A-203. Unenforceability of certain verified payment orders |
| 9A V.S.A. § 4A-207. Misdescription of beneficiary |
| 9A V.S.A. § 4A-208. Misdescription of intermediary bank or beneficiary's bank |
| 9A V.S.A. § 4A-210. Rejection of payment order |
| 9A V.S.A. § 4A-211. Cancellation and amendment of payment order |
| 9A V.S.A. § 4A-305. Liability for late or improper execution or failure to execute payment order |
| 9A V.S.A. § 5-104. Formal requirements |
| 9A V.S.A. § 5-116. Choice of law and forum |
| 9A V.S.A. § 7-102. Definitions and index of definitions |
| 9A V.S.A. § 7-106. Control of electronic document of title |
| 9A V.S.A. § 8-102. Definitions |
| 9A V.S.A. § 8-103. Rules for determining whether certain obligations and interests are securities or financial assets |
| 9A V.S.A. § 8-106. Control |
| 9A V.S.A. § 8-110. Applicability; choice of law |
| 9A V.S.A. § 8-303. Protected purchaser |
| 9A V.S.A. § 9-102. Definitions and index of definitions |
| 9A V.S.A. § 9-104. Control of deposit account |
| 9A V.S.A. § 9-105. Control of electronic chattel paper |
| 9A V.S.A. § 9-203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites |
| 9A V.S.A. § 9-204. After-acquired property; future advances |
| 9A V.S.A. § 9-207. Rights and duties of secured party having possession or control of collateral |
| 9A V.S.A. § 9-208. Additional duties of secured party having control of collateral |
| 9A V.S.A. § 9-209. Duties of secured party if account debtor has been notified of assignment |
| 9A V.S.A. § 9-210. Request for accounting; request regarding list of collateral or statement of account |
| 9A V.S.A. § 9-301. Law governing perfection and priority of security interests |
| 9A V.S.A. § 9-304. Law governing perfection and priority of security interests in deposit accounts |
| 9A V.S.A. § 9-305. Law governing perfection and priority of security interests in investment property |
| 9A V.S.A. § 9-306. Law governing perfection and priority of security interests in letter-of-credit rights |
| 9A V.S.A. § 9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply |
| 9A V.S.A. § 9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; |
| 9A V.S.A. § 9-313. When possession by or delivery to secured party perfects security interest without filing |
| 9A V.S.A. § 9-314. Perfection by control |
| 9A V.S.A. § 9-316. Effect of change in governing law |
| 9A V.S.A. § 9-317. Interests that take priority over or take free of security interest or agricultural lien |
| 9A V.S.A. § 9-323. Future advances |
| 9A V.S.A. § 9-324. Priority of purchase-money security interests |
| 9A V.S.A. § 9-326. Priority of security interests created by new debtor |
| 9A V.S.A. § 9-330. Priority of purchaser of chattel paper or instrument |
| 9A V.S.A. § 9-331. Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under Article 8 |
| 9A V.S.A. § 9-332. Transfer of money; transfer of funds from deposit account |
| 9A V.S.A. § 9-334. Priority of security interests in fixtures and crops |
| 9A V.S.A. § 9-341. Bank's rights and duties with respect to deposit account |
| 9A V.S.A. § 9-404. Rights acquired by assignee; claims and defenses against assignee |
| 9A V.S.A. § 9-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective |
| 9A V.S.A. § 9-408. Restrictions on assignment of promissory notes, health care insurance receivables, and certain general intangibles ineffective |
| 9A V.S.A. § 9-509. Persons entitled to file a record |
| 9A V.S.A. § 9-513. Termination statement |
| 9A V.S.A. § 9-601. Rights after default; judicial enforcement; consignor or buyer accounts; chattel paper, payment intangibles, or promissory notes |
| 9A V.S.A. § 9-605. Unknown debtor or secondary obligor |
| 9A V.S.A. § 9-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus |
| 9A V.S.A. § 9-611. Notification before disposition of collateral |
| 9A V.S.A. § 9-613. Contents and form of notification before disposition of collateral: general |
| 9A V.S.A. § 9-614. Contents and form of notification before disposition of collateral; consumer goods transaction |
| 9A V.S.A. § 9-615. Application of proceeds of disposition; liability for deficiency and right to surplus |
| 9A V.S.A. § 9-616. Explanation of calculation of surplus or deficiency |
| 9A V.S.A. § 9-619. Transfer of record or legal title |
| 9A V.S.A. § 9-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral |
| 9A V.S.A. § 9-621. Notification of proposal to accept collateral |
| 9A V.S.A. § 9-624. Waiver |
| 9A V.S.A. § 9-628. Nonliability and limitation on liability of secured party; liability of secondary obligor |
