Which document governs the rights of secured loans under the UCC?

The correct choice is indeed the provision that deals specifically with secured transactions, which is UCC Article 9. This article outlines the rules and regulations regarding security interests in personal property and fixtures, making it the framework through which secured loans are managed under the Uniform Commercial Code (UCC).

UCC Article 9 provides essential guidelines on how creditors can create, perfect, and enforce security interests, offering protections for both lenders and borrowers. It covers various aspects such as attachment of the security interest, the rights of secured parties, and the priority of claims against collateral.

In contrast, UCC Article 2A specifically deals with leases, Article 4 relates to bank deposits and collections, and Article 1 provides general provisions applicable to the entire UCC but does not focus on secured transactions. Hence, UCC Article 9 is recognized as the governing document for secured loans by detailing the necessary legal framework for securing interests in personal property, which is integral to the process of financing through loans backed by collateral.