Model Tribal Secured Transactions Act
The Model Tribal Secured Transactions Act (MTSTA) is based on the Uniform Commercial Code's (UCC) Article 9 and sets up a legal framework for promotion of private business through secured transactions. Secured transactions are loans in which personal property, other than real estate, is used as collateral. The MTSTA is a key element for the growth of entrepreneurship by providing an effective method for financing and securing business transactions.
Hawland's Uniform Commercial Code Series
William H. Henning,
Model Tribal Secured Transactions Act,
Available at: https://scholarship.law.tamu.edu/facscholar/1145