The fifth edition provides extensive coverage of the 1999 version of UCC Article 9 which has been enacted by all states. Some coverage of the 1972 version of Article 9 and pre-code law related to secured transactions is included to provide historical perspective. The text includes coverage of matters related to the scope of Article 9, the security agreement and attachment of the security interest, the relationship of the debtor and secured party prior to default, the perfection of the security interest by filing and other means, multi-state choice of law and perfection issues, priority of the secured party and others in and out of bankruptcy, and default and enforcement of the security interest. The text offers many examples to illustrate this intricate subject matter of the law.