Loans extended by commercial banks often are secured by personal property. These loans are governed by Revised Article 9 of the Uniform Commercial Code.

This webinar provides an overview of Revised Article 9, with a focus on the most relevant factors bankers and administrators need to know in order to "Attach" and "Perfect" these forms of personal property.

In addition, this webinar introduces the amendments to Revised Article 9 which have been approved by the Uniform Law Commission.What You'll Learn:

• How to document, close, and record secured transactions that are covered by Revised Article 9
• Collateral Definitions
• Types of collateral governed by the UCC
• "Attachment" and "Perfection" rules
• Review of the new UCC Forms
• Completing the Financing Statements
• Which name of a registered organization is recognized as the legal name
• What to do if your borrower moves to a new location - and its impact on your collateral
• Filing the Financing Statement