Learn about specific classifications of collateral and language description requirements for UCC-1s and security agreements. Borrowing, base certificates, and other documentation topics will also be discussed. We’ll also present collateral documentation checklists for intangible personal property such as instruments, investments, and deposit accounts, as well as aircraft, boats & vessels and motor vehicles. Checklists give lenders the ability to quickly and effectively review collateral documentation for acceptability and focus on the proper questions to be asked and answered related to each document and type of collateral.
What You’ll Learn
- Inventory
- Accounts
- Letter of credit rights
- Government contracts
- Chattel paper
- Equipment
- Fixtures
- General intangibles
- Commercial tort claims
Who Should Attend
Bankers at all experience levels will find this program helpful. We will include ample time for questions and answers.