SSB 5077 — Concerning the uniform commercial code.

What this bill does

Amends general provisions and definitions that apply throughout the Uniform Commercial Code (UCC) to replace and update terms that applied only to transactions on paper. Amends UCC articles governing sales, leases, negotiable instruments, fund transfers, letters of credit, documents of title, investment securities, and secured transactions to address emerging technologies and to clarify the UCC's applicability to hybrid transactions. Establishes a new article in the UCC governing controllable electronic records.

From the Washington State Legislature's nonpartisan staff bill analysis. Read the full analysis ↗

Floor votes

• House — Final Passage as Amended by the House · April 6, 2023
  70 yea · 28 nay
• Senate — Final Passage as Amended by the House · April 13, 2023
  46 yea · 1 nay · 2 not voting
• Senate — 3rd Reading & Final Passage · February 22, 2023
  49 yea · 0 nay

Track SSB 5077 on OlympiaTrack

A free account adds a plain-English AI summary, the full hearing and amendment record, who testified, and roll calls by member. Plus email alerts when this bill moves.

Other bills sponsored by Pedersen

• SB 5004 — Making updates to the Washington business corporation act.
• SSB 5005 — Concerning real property.
• SSB 5006 — Clarifying waiver of firearm rights.
• SSB 5028 — Revising the process for individuals to request name changes.
• SSB 5078 — Protecting public safety by establishing duties of firearm industry members.