The UCC requires that a precise form be followed in order to create a security interest.

Name: The UCC requires that a precise form be followed in order to create a security interest.
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The Uniform Commercial Code (UCC) does not require a precise form to create a security interest; it requires only that the agreement to create a security interest be evidenced by a record and that the secured party has given value, and the debtor has rights in the collateral.

The UCC Requires That a Precise Form Be Followed in Order