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Statue Color

UCC Origination: Part II

The UCC lien protects lenders from authorizing additional loans that contain the same assets as collateral. It allows them to maintain their financial interests. UCCs are public record and proper

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UCC statue

UCC Origination: Part I

Where does a UCC originate from? Typically when a debtor (entity or individual) agrees to pledge assets to a secured party, usually a lender, for a loan or line of

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signing document

Debtor’s Name Change? What To Do

A proper financing statement must provide the name of the debtor, and there are fairly strict requirements for the sufficiency of the debtor’s name. (See UCC§§ 9-502& 9-503.) If the

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Handshake

Vocabulary of Mergers & Acquisitions

There is much information that can be conveyed in even a brief statement about a transaction if certain vocabulary is consistently applied. Conversely, there is much confusion that can be

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