Register Today!
Filing a UCC-1 Financing Statement is the most common method used to perfect a security interest in collateral. But completing the form and determining the appropriate filing office can be tricky. Are you doing it correctly? An improperly completed or filed UCC-1 will result in your institution’s loss of its perfected security interest. This webinar will explain how to properly obtain a security interest in collateral, and how to properly complete each section of the UCC-1 Financing Statement and where to file the UCC-1 Financing Statement in every type of consumer and commercial debtor situation. Join us for this informative webinar to ensure your collateral is properly secured.
HIGHLIGHTS
How to obtain a security interest in collateral
Determining the debtor’s proper name
How to properly describe the collateral
Line-by-line review of the UCC-1 Financing Statement and how to complete each section
Review of the UCC-1 Addendum and when to use this form
Where to file for every type of consumer and commercial debtor
TAKE-AWAY TOOLKIT
Official UCC-1 Financing Statement and Addendum, including instructions
Employee training log
Quiz you can administer to measure staff learning and a separate answer key
DON’T MISS PARTS 2 & 3!
This program is the first of three in a series – watch for Securing Collateral Part 2: Form UCC-3 & Amending, Continuing or Terminating Security Interests on Wednesday, April 26, 2017 & Securing Collateral Part 3: Legal & Compliance Issues in Obtaining Priority in Collateral, Including Purchase Money Security Interests on Thursday, May 18, 2017
Attendance verification for CE credits provided upon request.
WHO SHOULD ATTEND? Loan officers, loan operations staff, credit administration personnel, managers, compliance personnel, auditors, attorneys, and others involved in the credit process.
ABOUT THE PRESENTER – Elizabeth Fast, JD, CPA, Spencer Fane LLP, partner with where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.
No comments:
Post a Comment