DCW Monthly: July 2025
This month, we explore how digitalisation is reshaping commercial law across key jurisdictions. Marek Dubovec compares UCC Article 12 and
In a significant development toward wider recognition of controllable electronic records, New York State legislators approved Assembly Bill A3307A designed to amend the State’s Uniform Commercial Code (UCC), including adoption of a new UCC Article 12 (Controllable Electronic Records).
As previously reported in DCW, a version of the bill was introduced in New York’s 2023-2024 legislative session but did not advance. Early in the current legislative session in January 2025, bills were again introduced in the New York Senate and Assembly. On 11 June 2025, Senate Bill S1840A and Assembly Bill A3307A passed both chambers. In order to become law, the bill must be signed by New York Governor Kathy Hochul.
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