Secured transactions in a nutshell
Scope of UCC Article 9 Coverage; Security Agreement; Attachment of the Security Interest; Relationship of Parties Prior to Default; Perfection of Security Interest by Filing and Other Methods; Choice of Law and Perfection in Multiple State Transactions; Priority of Secured Parties When Security Interest is Unperfected; Priority When Collateral is Sold or Transferred; Priority Between Two Secured Parties; Priority Between Secured Party and Lien Creditors; Priority of Security Interest in Fixtures; Priority of Security Interest in Accessions; Priority When Goods are Commingled or Processed; Priority When Goods are Returned or Repossessed; Bankruptcy or Insolvency of Debtor and Priority of Security Interest; Default and Enforcement of Security Interest; Collection Rights for Accounts. Instruments or Chattel Paper; Secured Party's Right of Repossession; Taking the Collateral for the Debt; Sale or Other Disposition of Collateral; Right of Redemption; Liability for Noncompliance with Default Provisions of UCC Article 9.
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Kinds of Collateral
Attachment and Perfection of Security
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account debtor after-acquired property apply Article 9 assignment assignor Bank bankruptcy buyer in ordinary certificate of title Chapter chattel paper claim collater collateral conditional sales consignment consumer course of business cured party dealer debt default deposit accounts discussion effect equipment estate law Example Federal filed a financing filing officer financing statement covering fixture filing four months future advances Hornbook insolvent instances instrument intangibles interest is perfected inventory investment securities lease Lender lien creditor ment minehead money security interest Note notice notification Nutshell ordinary course payment perfected security interest period permits personal property pledge pre-Code priority Professor of Law provision purchase money security real estate repossession respect rule Section Secured Party filed secured transaction security agreement security inter security interest attaches seller sells sion sold statutes takes free tax lien third person tion title law trustee ty interest Uniform Commercial Code University unperfected widgets