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Inventory ? Under UCC Article 9, inventory is goods that are not farm products and that are (a) leased by a lessor; (b) held for sale or lease or to be furnished under a contract of service; (c) furnished in connection with a service contract; or (d) raw materials, work in process, or used or consumed in a business.

Article 9 regulates the creation of security interests, and the enforcement of those interests, in movable or intangible property and fixtures. It encompasses a wide variety of possessory liens and determines the legal right of ownership if a debtor does not meet their obligations.

Article I: Purposes The purposes of the International Monetary Fund are: (i) To promote international monetary cooperation through a permanent institution which provides the machinery for consultation and collaboration on international monetary problems.

(29) "Deposit account" means a demand, time, savings, passbook, or similar account maintained with a bank. The term does not include investment property or accounts evidenced by an instrument.

AR 15-6 sets forth procedures for conducting informal and formal investigations. Only informal investigations will be discussed here. Informal investigations are those that usually have a single investigating officer who conducts interviews and collects evidence.

The Uniform Commercial Code defines a payment intangible as ?a general intangible under which the ac- count debtor's principal obligation is a monetary obligation.? A general intan- gible ?means any personal property, including things in action, other than accounts, chattel paper, commercial tort claims, deposit ...

In order for a security interest to be enforceable against the debtor and third parties, UCC Article 9 sets forth three requirements: Value must be provided in exchange for the collateral; the debtor must have rights in the collateral or the ability to convey rights in the collateral to a secured party; and either the ...