Webinar: UCC Financing Statements: Completing, Filing, Amending & Renewing
February 3, 2025 3:00 pm - 4:30 pm
Correctly preparing and filing UCC financing statements is crucial to properly perfect and protect your institution’s security interest in collateral.
Failing to properly prepare and file a UCC financing statement may result in other creditors seizing your collateral. Don’t let that happen to you!
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Understand UCC-1 and UCC-3 financing statements
- Determine when a UCC financing statement is required
- Know when and how to amend a UCC financing statement
- Identify when you need to renew a UCC financing statement
- Determine creditor priority
WEBINAR DETAILS
This webinar will address the different types of UCC financing statements and do a detailed review of the specific parts of a UCC financing statement and the information that should be included. You’ll learn when and how to file a UCC financing statement, how to later amend or renew a UCC financing statement, and how to properly describe the collateral and which creditor will take priority. Join us to learn how to protect your institution’s collateral from other creditors.
WHO SHOULD ATTEND?
This informative session is designed for lending staff, including loan officers and loan processors.
TAKE-AWAY TOOLKIT
- Sample UCC financing statements
- Checklist for completing, amending, and renewing a UCC financing statement
- 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: Shelli Clarkston, Spencer Fane LLP
Shelli Clarkston is an attorney with Spencer Fane LLP where she provides financial institutions with proactive legal counsel on regulatory and compliance matters. She received her law degrees from the University of Missouri – Kansas City and her undergraduate degree from the University of Nebraska – Lincoln. In addition, she has a master’s degree from Doane University.
Before joining Spencer Fane, Shelli was the Risk and Compliance Officer for a financial services technology platform with one of the world’s largest technology companies. She oversaw the platform’s regulatory compliance and handled all risk-related matters. She also has experience as general counsel for a community bank, where she managed all legal, regulatory, compliance, and corporate matters.