Course - Law


Recommended Courses:

Introduction to Business Reorganization in Bankruptcy, Bankruptcy and Related Issues, Property Transactions.


This course examines the rules governing transactions in which personal property secures repayment of a loan. This is the body of law which allows borrowers to access credit secured with consumer goods, inventory, accounts receivable or deposit accounts. Everything from such familiar transactions as consumer car loans to lines of credit extended to businesses as well as the rights of lien creditors such as the IRS and the bankruptcy trustee is considered. The course focuses on Article 9 of the Uniform Commercial Code (U.C.C.) and Arizona case law, but also examines other Articles of the U.C.C. as well as pertinent sections of the Bankruptcy Code, the Internal Revenue Code, and Arizona Revised Statutes.


Warren and Walt's Secured Transactions in Personal Property, 9th Ed. 2013—Foundation Press

Commercial Law:  Selected Statutes (Warren & Walt) (latest edition) Foundation Press

Course Format

The course will be a combination of lecture and discussion.

Written Assignments


Type of Exam

One-third objective and two-thirds essay

Basis for grading

Final examination.

Additional Comments

The law of secured transactions impacts many areas of legal practice including banking, consumer protection, bankruptcy, tax, and intellectual property.

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