BVL Vol. 11: Revised Article 9 Training Video


$279.00

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$279.00
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$249.00
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$229.00

Crucial Changes You Must Understand

The Revision to Article 9 of the UCC (Uniform Commercial Code) is one of the most comprehensive and significant developments to occur in the law of secured transactions. Article 9 contains the provisions that govern the methods used by a lender to perfect a security interest in personal property that has been pledged as collateral by a loan customer. The Revision didn't simply amend existing law, it completely rewrote it! We make training easy by explaining the new provisions -- from where you file, how you file, and what you file to a complete discussion of the new categories of collateral.

It is imperative that all financial institutions properly train their staffs to recognize the modifications and react promptly and properly. The failure to do so may result in millions of dollars of loans intended to be collateralized being unsecured. The video is detailed, yet easy to follow and understand. The accompanying study guide, with realistic discussion scenarios and a quiz, allows the participants to quickly grasp the important details of this major legislative development.

(runs approximately 25 minutes.)

Topics:
  • What is the proper jurisdiction to file a financing statement?
  • What documents or forms are necessary?
  • How do we shift from local to central filing?
  • What are the new categories of collateral?
  • Electronic filing and searches
  • No signatures required
  • What happens to existing filings
  • Description of the collateral
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  • Model: VID-V11
  • Manufactured by: Bankers Video Library

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This product was added to our catalog on Friday 27 February, 2004.

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