We continue to see an increase in requests for services involving our neighbors to the North. Of those requests, Personal Property and Security Act (PPSA) registrations are topping the list. The PPSA is commonly thought of as the Canadian version of the Uniform Commercial Code (UCC) filings by many in the industry.
We often touch on the standard UCC Financing Statement because it is so widely known by the industries we serve, but we wanted to touch on several other situations that are not as generally understood.
There are two methods to filing a UCC, one is to send in the paper filing either through a courier or through the mail. The other is to record the UCC electronically through the state’s filing system. Both are equally effective, but there are some things that need to be considered when determining which method to use.
The start of a new year is always a good time to take a look at your processes & see where you can make changes to increase efficiency & eliminate …
Jurisdictional Highlights from April & May 2019. Delaware House Bill 43: signed on April 9, 2019. The bill eliminates the requirement under several provisions of Title 24 that applicants for professional licenses as well as adult entertainment establishments submit notarized applications.
Uniform Commercial CodeThe Uniform Commercial Code is the law governing various financial commercial transactions. A UCC essentially gives notice to the public that the secured party has an interest in …
