Secured Transactions | L4530
This course covers the law of secured transactions in personal property. It is not a securities course. If you have taken the Commercial Law Survey course, you should not take this unless you wish to study this subject in greater depth. The main focus of this course is the granting of a security interest in collateral in exchange for a loan and the priority among creditors to the collateral in case the debtor defaults on its obligation to repay. Secured transactions can be involved in a wide variety of legal representations, including transactional matters and litigation. The Secured Transactions Class is designed to provide students with a working understanding of Article 9 of the Uniform Commercial Code and how it comes into play in these transactions.
Credit Hours: 3
ULW: This course does not satisfy the Upper Level Writing requirement (ULW)