UCC: Conducting and Reviewing UCC Searches | Practical Law

UCC: Conducting and Reviewing UCC Searches | Practical Law

A security interest in most types of personal property can be perfected by filing a UCC-1 financing statement. Creditors of a debtor may conduct a search against a debtor to discover any financing statements or other liens filed against that debtor. This Note is a discussion of the issues relating to conducting and reviewing UCC searches.

UCC: Conducting and Reviewing UCC Searches

Practical Law Practice Note 5-506-5300 (Approx. 18 pages)

UCC: Conducting and Reviewing UCC Searches

by Practical Law Finance
MaintainedUSA (National/Federal)
A security interest in most types of personal property can be perfected by filing a UCC-1 financing statement. Creditors of a debtor may conduct a search against a debtor to discover any financing statements or other liens filed against that debtor. This Note is a discussion of the issues relating to conducting and reviewing UCC searches.