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2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 91 - General Provisions
Section 9108 - Sufficiency of description

     § 9108.  Sufficiency of description.
        (a)  Sufficiency of description.--Except as otherwise
     provided in subsections (c), (d) and (e), a description of
     personal or real property is sufficient, whether or not it is
     specific, if it reasonably identifies what is described.
        (b)  Examples of reasonable identification.--Except as
     otherwise provided in subsection (d), a description of
     collateral reasonably identifies the collateral if it identifies
     the collateral by:
            (1)  specific listing;
            (2)  category;
            (3)  except as otherwise provided in subsection (e), a
        type of collateral defined in this title;
            (4)  quantity;
            (5)  computational or allocational formula or procedure;
        or
            (6)  except as otherwise provided in subsection (c), any
        other method, if the identity of the collateral is
        objectively determinable.
        (c)  Supergeneric description not sufficient.--A description
     of collateral as "all the debtor's assets" or "all the debtor's
     personal property" or using words of similar import does not
     reasonably identify the collateral.
        (d)  Investment property.--Except as otherwise provided in
     subsection (e), a description of a security entitlement,
     securities account or commodity account is sufficient if it
     describes:
            (1)  the collateral by those terms or as investment
        property; or
            (2)  the underlying financial asset or commodity
        contract.
        (e)  When description by type insufficient.--A description
     only by type of collateral defined in this title is an
     insufficient description of:
            (1)  a commercial tort claim; or
            (2)  in a consumer transaction, consumer goods, a
        security entitlement, a securities account or a commodity
        account.

        Cross References.  Section 9108 is referred to in section
     9504 of this title.
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