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Most security interests are perfected when filed for public inspection with the secretary of state, county clerk, or similar official. One of the most common
- Most security interests are perfected when filed for public inspection with the secretary of state, county clerk, or similar official.
- One of the most common defenses of sureties is bankruptcy of the principal debtor.
- The UCC prohibits the use of "floating liens" that keep carrying forward against a debtor when more supplies are added to an existing account.
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