mobile goods

Goods that are normally used in more than one jurisdiction (such as shipping containers and road-construction machinery) and that are held by the debtor as equipment or leased by the debtor to others.

• Under previous drafts of the Uniform Commercial Code, the procedure for perfecting a security interest in mobile goods was generally defined by the law of the state where the debtor is located. The current UCC does not dis-tinguish mobile goods.


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