Developed and Delivered by Jerry Bailey, Executive Sales and Education Services Manager, NCS
CEUs Awarded: 0.2

This course offers a comprehensive overview of how to successfully reduce the risk of selling on open credit terms by securing transactions through UCC filings, explaining the legal and regulatory structures that control the filing of secured transactions in the United States – Article 9 of the Uniform Commercial Code (UCC) and the Personal Property Security Act (PPSA) of Canada.

The instructor, Jerry Bailey, has 15 years combined experience working with and teaching the process of implementing secured transactions.

Mr. Bailey imparts his extensive knowledge and experience on this topic in nearly three hours of instruction, broken down into three online video sessions.

This course covers the following areas affected by liens and bonds laws and regulations:

  • Uniform Commercial Code and Revised Article 9
  • Blanket UCC-1 Filings
  • Priority in UCC Filings
  • Creditworthiness
  • Purchase Money Security Interest
  • Benefits in Chapter 7 Bankruptcies
  • Inventory vs Equipment
  • Repossession
  • Security Agreement
  • Financing Statement

This is an On-Demand Course, allowing students to work independently and at their own pace to accommodate the time demands of busy professionals. Upon concluding the presentation/course material, the participant is required to take a final exam. Those who receive a grade of 70% or higher will receive an electronic “Certificate of Professional Development” from the Credit Research Foundation.

Registration Fees - $199

CLICK HERE to register for this course. CRF Members receive a 20% discount on the course registration fee. Please contact Angela McDonald to obtain the code to enter at checkout. If this is the first time you are registering for a CRF On-Demand Course, please create a new account. Click on the “Catalog” tab and make your course selection.

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