Webinar: Loan Documentation for All Legal Entities
October 3, 2024 3:00 pm - 4:30 pm
Up your lending literacy by learning more.
How’s your documentation dexterity? Do you have a handle on the documentation required for each type of loan and borrower? Do you know how to assess whether a loan has been adequately authorized? When does a spouse need to sign? How are loans to corporations and partnerships treated? This webinar will provide answers to these questions and more.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand each specific loan document and the purpose served by each
- Explain the various types of legal entities and how to determine the legal existence of each entity
- Distinguish when unanimous consent, certified resolutions, and incumbency certificates can be used
- Determine if the loan has been properly authorized by the legal entity and the person authorized to sign on behalf of it
- Explain which documents lenders can require a guarantor’s spouse to sign
Save When You Buy The Series!
WEBINAR DETAILS
Proper loan documentation is essential to a lender’s ability to enforce the loan against the borrower (and guarantor) and to pursue collection against the collateral. This webinar will provide a thorough understanding of each type of loan document and when that document should be used. It will take the mystery out of the “legalese” and explain which wording is absolutely required for its legal effectiveness and which is simply “boilerplate.” It will also explain every type of legal entity, including a corporation, general partnership, limited partnership, limited liability company, unincorporated association, sole proprietorship, living trust, and business trust.
WEBINAR DETAILS
This informative session is designed for loan officers, loan operations personnel, loan collection staff, compliance professionals, auditors, attorneys, managers, and others involved with lending.
TAKE-AWAY TOOLKIT
- Sample loan documentation checklist (list of loan documents and other items necessary to close a loan)
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits
Speaker: Elizabeth Fast, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.