Professor Grant Gilmore once suggested that farmers would like a two section law. Section one would state "It shall be against the law to refuse to lend money to a farmer." Section two would state "It shall be against the law to collect a debt from a farmer." In a similar vein one might state the iron rule of consumer law, namely "No right that has ever been granted to a consumer, however ill considered and unjustified, may thereafter be withdrawn." Believing that some of the proposals for consumer protection that have been added in Revised Article 9 are not justified and knowing that Article 9 will be in trouble in the legislatures if they are not changed, I propose the following changes to Revised Part 6. What do you think?
White, James J. (1964- ). "UCC Proposals Concerning Consumer Transactions." In The Emerged and Emerging New Uniform Commercial Code: ALI-ABA Course of Study Materials, 253-66. New York: 1997.