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Risk Management Blog

UCC & Corporate Due Diligence

Resource Guide for Legal and Financial Professionals

PMSI for Lenders and Legal Professionals

April 19, 2019 UCC

Attorney Bennett L. Cohen of Cohen, Salk & Huvard, P.C., authored our free eBook Purchase Money Security Interests:  Purchase Money Rules in Equipment and Inventory. In it you will find answers to all of your PMSI related questions including:

  • How is a PMSI created?
  • What obligations qualify as a PMSI?
  • Does a PMSI in inventory prime a previously perfected interest in accounts?
  • How do I obtain a PMSI in equipment or inventory?
  • How do I determine when the borrower “receives possession” of equipment?

Download Your PMSI eBook

Need help with PMSI? Contact us today at 800.406.1577 or info@ficoso.com.

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