This advanced UCC seminar is our most extensive program. It is powerful, information-packed,
and definitely geared toward employees who have a foundation in lending. We also cover any
new legislation or pending changes in your state. This course uses our updated reference
manual, The Loan Officer's Guide to Proper Loan Documentation, which is written to be used as a reference tool after the seminar.
Highlights
Secured transaction law - the why of the law
UCC law as adopted by your state
Scope of secured transaction
Creation of a security interest
The three methods of perfection
Choice-of-law rules
Filing requirements
Rules of priority
Secured transactions and bankruptcy proceedings
16 bar exam questions for the new law
When a guarantor is better than a co-maker/co-signer
Actions that are legal but should be avoided because they are unwise
Review of how to structure and document different types of loans, plus the forms that
relate to each loan (pledges, assignments, etc.)