Question
Daly and Leva entered into an agreement whereby Leva borrowed $15,000 from Daly, and Daly took a security interest in Leva's next corn harvest. The
Daly and Leva entered into an agreement whereby Leva borrowed $15,000 from Daly, and Daly took a security interest in Leva's next corn harvest. The financing statement identified Daly and Leva by name and included their mailing addresses. Leva signed the statement. Can the security interest, in this case, be perfected by the financing statement filed?
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A financing statement signed by the debtor and secured party is not always effective to perfect a se...
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Dynamic Business Law The Essentials
Authors: Nancy Kubasek, Neil Browne, Daniel Herron
2nd edition
978-0077630430, 77630432, 73524972, 978-0073524979
