Prerequisites: RCC; Contracts (LAW 501 or LAW 511). The course surveys Article 9 of the Uniform Commercial Code (UCC) dealing with the use of personal property as collateral security. In addition, the parts of the bankruptcy code which affect the enforcement of security agreements in bankruptcy are addressed, as are the sections in UCC Article 8 which deal with security interests in investment securities, and UCC Article 2 dealing with consignments. Problem solving and legal analysis and reasoning are involved.