Uniform Commercial Code (UCC): How to Perfect Secured Transactions Webinar

­Many loans extended by commercial banks are secured by personal property, which is governed by Revised Article 9 of the Uniform Commercial Code (UCC). The UCC governs secured transactions by taking most kinds of collateral for loans. It answers questions such as:

  1. How to protect rights to collateral against the claims of others.
  2. How to describe collateral in security agreements and financing statements.
  3. Where to file financing statements.

Commercial/Consumer Lenders and Loan Administrators must understand Revised Article 9 as it relates to collateral attachment and perfection of personal property. We’ll provide an overview of the UCC and focus on the most relevant factors bankers and administrators need to know to perform routine duties and protect the bank’s security interests in assets taken as collateral. We’ll focus on practical application of UCC rules.  Highlights will include:

  1. Collateral covered by Revised Article 9
  2. Revised definitions of existing collateral covered by Revised Article 9
  3. Completing the Financing Statements properly
  4. Utilizing the proper collateral descriptions on Security Agreements and Financing Statements
  5. Filing the Financing Statements in the proper location and other areas of concern.

Leave with an understanding of how to document, close and record secured transactions covered by Revised Article 9 of the UCC. Get good working knowledge for managing the most common commercial and consumer secured transactions governed by Revised Article 9.

Covered Topics:

  • The Loan Documentation Process
  • Collateral Definitions
  • Attachment and Perfection Rules
  • Collateral Descriptions on Security Agreements & UCC Financing Statements
  • Completing the Financing Statements to avoid rejection and provide legal protection
  • Filing the Financing Statement in the proper location depending upon the type of collateral obtained
  • Review the major 2013 Amendments particularly as it relates to the name of the debtor to be used on a Financing Statement and maintaining perfection after a debtor changes their name or location

Who Should Attend?

Senior Credit Officers, Loan Officers, Loan Operations Personnel, Loan Administrative Assistants and Secretaries, Branch Managers, Loan Review Officers, and Compliance Officers

Continuing Education (CE) Credits

This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.

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Related Topics

Instructor

Jeffrey Johnson
Jeffrey Johnson

Jeffery W. Johnson started his career with SunTrust Bank in Atlanta as a Management Trainee and progressed to Vice President and Senior Lender of SouthTrust Bank and Senior Vice President and Commerci... read more.

Course TitleCreditsStart DateStart TimeDelivery TypeDelivery OptionInstructor / LocationPrice
Uniform Commercial Code (UCC): How to Perfect Secured Transactions Webinar.25 07/07/2022 11:00amWebinarUpcoming Jeffrey Johnson$279.00 Register Now
Delivery Options

Webinars for Banks and Credit Unions

Live Webinar:

INCLUDES 30 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar (via the internet) as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a phone for the audio. You can type and send your questions to the instructor.  And don‰’t worry if you miss the webinar, you can still view it for up to thirty days after it takes place!

Live Plus Twelve Months OnDemand Playback:

With this option, you will receive the live version, then you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The link will be available to you (and anyone else in the company) for up to twelve months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.

Live, Twelve Months OnDemand Playback PLUS CD-ROM VIDEO:

By adding the CD-Rom to your order, you will have non- internet access to make the webinar part of your training library.  The CD-ROM Recording is a great option for viewing a webinar. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides and a CD-ROM Recording (featuring PowerPoint presentation with audio) of the webinar via regular mail. Mailed 7 to 10 days after the webinar takes place.

Recorded Webinar Options available as Twelve Months OnDemand and Twelve Months OnDemand and CD-Rom

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