Basic Uniform Commercial Code
Insecurity Clause
Insecurity clauses allow the creditor to declare a default and to accelerate at will when he "in good faith believes that the prospect of payment or performance is impaired." UCC § 1-201(9).
Insecurity clauses allow the creditor to declare a default and to accelerate at will when he "in good faith believes that the prospect of payment or performance is impaired." UCC § 1-201(9).