Learn how a UCC-1 Financing Statement secures a creditor's interest in a borrower's personal property and outlines the order of priority in business loans.

In East Texas Machining & Manufacturing, the court held that a lender’s UCC-1 financing statement was seriously misleading because it identified the debtor by a name different from the one listed on ...

“What’s in a name? That which we call a rose by any other name would smell just as sweet.” Not so fast, Juliet. While this sweet sentiment may have fared well in William Shakespeare’s, Romeo and ...

In Florida, perfection of a security interest in personal property occurs when a sufficient UCC-1 financing statement (a UCC-1) is filed with the Registry. The Registry provides an online database ...

NASHVILLE, Tenn. — The Tennessee Secretary of State announced that people should be cautious when receiving official-looking mail. This time, the scam is targeting most Tennesseans by asking them to ...

Tennessee Secretary of State Tre Hargett is issuing a new warning to all Tennesseans about a scam involving Uniform Commercial Code documents. As part of the scam, citizens receive an official-looking ...

Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. UCC-1 filings are easy to make correctly and a disaster ...

Andrew Bloomenthal has 20+ years of editorial experience as a financial journalist and as a financial services marketing writer. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society ...

The UCC‑1 form is a staple of any secured lending practice. In the wake of the 2022 proposed Uniform Commercial Code (UCC) amendments, which have been adopted in 24 jurisdictions, many jurisdictions ...