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Uniform Commercial Code (UCC)

In January of 1990, Louisiana adopted the Uniform Commercial Code. This statewide notification system replaced Louisiana's chattel mortgage laws and for the first time provides lenders with statewide information regarding liens on movable, personal property.

As the last state to adopt the UCC, Louisiana was fortunate to implement a filing system that benefited its users by allowing the filing of financing statements with any of the 64 parish filing offices.