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Top Questions and Answers
What does it look like? A UCC-1 financing statement contains three important pieces of information: Parts 1 and 2 contain the personal and contact information of the borrower. Part 3 contains the personal and contact information of the secured party?otherwise known as the creditor.
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This practical, easy-to-use book, contains a comprehensive collection of all the current rules of Revised Article 9, along with extensive commentaries on ... If a transaction is evidenced by records that include an instrument or series of instruments, the group of records taken together constitutes chattel paper. (12) ... by FW Hanft · 1966 · Cited by 4 — Since the North Carolina position requiring more than a show- ing of intent in order to have an absolute bill of sale declared to be a security represents a ... (14) "Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form ... Article 9 - Secured Transactions. § 25-9-614 - Contents and form of notification before disposition of collateral: consumer-goods transaction. When a creditor first files a UCC-1 form, it is considered the initial filing. This establishes the creditor's security interest in the specified collateral and ... Please type or laser-print this form. Be sure it is completely legible. Read all Instructions, especially Instruction 1; correct Debtor name is ... THEY ARE DEFINED IN CHAPTER 32C OF THE NORTH CAROLINA GENERAL. STATUTES, WHICH EXPRESSLY PERMITS THE USE OF ANY OTHER OR DIFFERENT. FORM OF POWER OF ATTORNEY ... (6) The person in good faith believes that the power is not valid or that the agent does not have the authority to perform the act requested, whether or not a ... ILLUSTRATIVE FORM OF REAL ESTATE SECURED LENDING OPINION LETTER. PLEASE NOTE: (1) This illustrative opinion letter is drafted on the assumption that the ...
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