LAW 916 - Secured Transactions

Unit(s): 3

A survey of the law related to the use of personal property as security in both commercial and consumer credit transactions. The focus is on Article 9 of the Uniform Commercial Code, with an exploration of the purpose and scope of Article 9 and the difference between secured and unsecured credit. Transactions where lending is based on tangible or intangible personal property are considered, including equipment, inventory, receivables, intellectual property, and consumer assets. The course examines creation, perfection and enforcement of security interests; priority disputes among competing secured creditors or between secured creditors and other claimants; and debtor’s rights and creditor’s remedies in the event of default.

Restriction: Class restrictions exclude Law 1st Yr. Full time, Law 1st Yr. Part Time and Law 1st Yr. Part Time Day; College restricted to School of Law
School of Law