Reference Guide

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Purchase Money Rules in Equipment and Inventory Revisited

Authored by Attorney Bennett L. Cohen

Looking for easy to find, easy to follow information on Purchase Money Security Interest (PMSI) transactions? FCS is happy to present our eBook, Purchase Money Security Interests: Purchase Money Rules in Equipment and Inventory Revisited.

Authored by Attorney Bennett L. Cohen of Cohen, Salk & Huvard, P.C., this eBook provides 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?

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