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SCF141001-Commercial Finance Section
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Commercial Finance Section meeting at the Quinnipiack Club in New Haven.

10/1/2014
When: Wednesday, October 1, 2014
5:00 PM - 8:30 PM
Where: Quinnipiack Club
221 Church Street
New Haven, Connecticut 
United States
Contact: Member Service Center
(860) 223-4400


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Commercial Finance Section

Presentation:

A Brief Overview of the Uniform Certificate of Title Act Adopted in 2014 in Connecticut -- Effective January 1, 2016


Speaker:  Thomas J. Welsh, Brown & Welsh, P.C.

In 2010 the Connecticut Law Revision Commission created a panel co-chaired by the speaker to study and draft a proposed adoption of a regime for implementing certificates of title for water vessels in Connecticut.  Connecticut was one of only 14 states without such a system in the United States and it provided a severe disincentive for financing of vessels and construction in Connecticut.  The bill adopting these changes was adopted as Public Act 14-28 and will go into effect on January 1, 2014.  The speaker will briefly discuss these changes and differences between the current and new law of with respect to perfection of security interests in water vessels in preparation for these changes to take effect.