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Simple and Clear Rules of Priority, the Key to a Sound Secured Transactions Framework

Simple and Clear Rules of Priority, the Key to a Sound Secured Transactions Framework

This presentation goes over the following points:

Relevance of Prior Presentation
Perfection (Completion) Reviewed
Methods of Perfection
Priority – General Rule
Purchase Money Security Interest Exceptions
Other Exceptions to Priority Rule
Special Exceptions to General Priority Rule
Priority Rules
Priority Is Against Following
Lien Super-Priority Issue
How to Cope with Lien Super-priority

Credit Risk & Scoring