Will a lender’s notation of its lien on a certificate of title for a vehicle always perfect the lender’s security interest?
UCC, Reduce Financial Risk, Title Related TopicsWe continue our guest blog series with commercial lending attorney Bennett Cohen of the law firm Cohen, Salk & Huvard, P.C. You may also want to check out his eBook: Important Revisions To Article 9′s Rules Regarding Individual Debtors. Perfection in Titled Vehicles: Will a lender's notation of its lien on a certificate of title for a vehicle always perfect the lender's security interest? Answer: No. The general rule is that…READ MORE