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UCC Article 9 for Filing Officers International Association of Commercial Administrators Training Program UCC Article 9: Background and Concepts UCC Article 9 Background Uniform Commercial Code Article
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UCC Article 9 governs secured transactions and provides a legal framework for creditors to secure their interest in debtor's property.
Creditors who wish to secure their interest in a debtor's property are required to file UCC Article 9.
To fill out UCC Article 9, the creditor must provide information about the debtor, the collateral, and the secured debt on the appropriate UCC form.
The purpose of UCC Article 9 is to establish a uniform and comprehensive system for the creation, perfection, and enforcement of security interests in personal property.
The UCC Article 9 filing must include information about the debtor, the collateral being used to secure the debt, and details of the secured debt.
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