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The Uniform Commercial Code and UCITA
1. Before the UCC and UCITA, what was one of the first, and most significant, of the U.S. government's attempts to promote uniformity in commercial laws from state to state?
I think the most significant attempt to promote uniformity in commercial laws from state to state was the "commerce clause", which is found in article 1, section 8 of the U.S. Constitution. Two key factors in section 8 are; "To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes" and "To establish a uniform Rule of Naturalization and uniform Laws on the subject of Bankruptc…
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