This webinar will cover the changes to the Uniform Commercial Code (UCC), what you need to know about UCC and their upcoming amendments. You will learn how to document, close and record secured transactions that are covered by Revised Article 9 of the Uniform Commercial Code.
This course will provide an overview of Revised Article 9 and will focus on the most relevant factors bankers and administrators need to know in order to “Attach” and “Perfect” the most common forms of personal property. In addition, this course will introduce the amendments to Revised Article 9 which have been approved by the Uniform Law Commission and are waiting to be introduced into the legislature and passed by all fifty states.
The ultimate goal of this seminar is to provide the participants with an understanding of how to document, close and record secured transactions that are covered by Revised Article 9 of the Uniform Commercial Code.
Why Should You Attend:
Many loans extended by commercial banks are secured by personal property which is governed by Revised Article 9 of the Uniform Commercial Code. It is important for Commercial Lenders, Consumer Lenders and Loan Administrators to understand the principles of Revised Article 9 under the Uniform Commercial Code as it relates to collateral attachment and perfection.This course will provide an overview of Revised Article 9 and will focus on the most relevant factors bankers and administrators need to know in order to “Attach” and “Perfect” the most common forms of personal property. In addition, this course will introduce the amendments to Revised Article 9 which have been approved by the Uniform Law Commission and are waiting to be introduced into the legislature and passed by all fifty states.
The ultimate goal of this seminar is to provide the participants with an understanding of how to document, close and record secured transactions that are covered by Revised Article 9 of the Uniform Commercial Code.
Areas Covered in the Webinar:
- The Loan Documentation Process
- Collateral Definitions
- Types of Collateral Governed by the UCC
- Attachment and Perfection Rules
- Collateral Descriptions on Security Agreements & UCC Financing Statements
- Completing the Financing Statements
Who Will Benefit:
- Senior Credit Officers
- Senior Loan Officers
- Loan Officers
- Loan Operations Personnel
- Loan Administrative Assistants/Secretary
- Branch Managers
- Loan Review Officers
- Compliance Officers
Course Provider
Jeffery Johnson,
