Securing Collateral Part 2: Form UCC-3 & Amending, Continuing or Terminating Security Interests
Wednesday, April 26, 2017
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
A UCC-3 Financing Statement Amendment is required to be filed in various situations, such as when the creditor needs to amend an existing UCC filing, continue an existing UCC filing, assign an existing UCC filing, and terminate an existing UCC filing. Do you know when the UCC-3 form needs to be filed and how to properly complete the form? What about more difficult questions? Is filing a UCC-3 to amend an existing UCC filing retroactive? Can a UCC-3 be used to assign an existing UCC filing even though the debt is not assigned? Must a UCC-3 be filed when the debt is paid in full? What happens when a UCC-3 is filed too late to continue an existing UCC filing? These and many other must-know questions will be addressed in this important webinar.
Continuing Education: Attendance verification for CE credits upon request
- Line-by-line review of UCC-3 Financing Statement Amendment and the UCC-3Ad Financing Statement Amendment Addendum with explanation of how to complete each section
- When to use these forms
- How to add or delete collateral on an existing UCC filing
- What to do when a debtor changes his/her/its name or address
- When termination of an existing UCC filing is required
- TAKE-AWAY TOOLKIT
- Official UCC-3 Financing Statement Amendment, and UCC-3Ad Financing Statement Amendment Addendum, including instructions
- Employee training log
- Quiz you can administer to measure staff learning and a separate answer key
PARTS 1 & 3 STILL AVAILABLE!"Securing Collateral Part 1:
Form UCC-1 – Initial Filing & Perfection of Security Interests"
Thursday, March 23, 2017
|"Securing Collateral Part 3:
Legal & Compliance Issues in Obtaining Priority in Collateral,
Including Purchase Money Security Interests"
Thursday, May 18, 2017
WHO SHOULD ATTEND?
This informative session will benefit all loan officers, loan operations staff, credit administration personnel, managers, compliance personnel, auditors, attorneys, and others involved in the credit process.
PLEASE NOTE: Webinar content is subject to copyright and intended for your individual financial institution’s use only.