UCC Filing: Post Lien Search
Post Lien Recommended Steps Conducting a Post Lien Search is of the greatest importance for double checking to make sure the filing is on record and indexed correctly. What is …
Do you say “P.M.S.I.” or “pimm zee”?: Part 3
Why allow a PMSI to disturb the relatively straightforward order-of- filing priority scheme? There are at least two reasons: Facilitating seller financing Limiting the power of existing secured parties. Sometimes …
Do you say “P.M.S.I.” or “pimm zee”?: Part 2
If a secured party has a perfected security interest in purchasemoney collateral, the secured party should be able to acquire purchasemoney priority – and take advantage of an exception to the general rules of priority – by satisfying the technical requirements of § 9-324.
Do you say “P.M.S.I.” or “pimm zee”?: Part 1
Under UCC Article 9, the general rules for determining security interest priority are (1) that perfected security interests have priority over unperfected security interests, and (2) that perfected security interests …
UCC Filing: Part 3
When Filing: IACA Forms: The following PDF Forms are provided to assist with your UCC processing. UCC1 – Financing Statement UCC1Ad – Financing Statement Addendum UCC1AP – Financing Statement Additional …
UCC Filing: Part 2
Before You File:
Before filing a UCC you will need to do the following to ensure that your filing is successfully filed: