answersLogoWhite

0


Best Answer

An associate has filed UCC-1 Financing Statement against the state of Colorado. The associate has informed me that his UCC-1 Financing Statement has matured into securities. My question is two part: A) Is that possible? B) Can that security be sold through a broker in this or any other country?

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a ucc-1 security interest?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Movies & Television

What is a list of government entitlement programs?

United States Government Entitlement Programs:529 or CoverdellHome Mortgage Interest DeductionHope or Lifetime Learning Tax CreditStudent LoansChild and Dependent Care Tax CreditEarned Income Tax CreditSocial Security--Retirement & SurvivorsPell GrantsUnemployment InsuranceVeterans BenefitsG.I. BillMedicareHead StartSocial Security DisabilitySSI--Supplemental Security IncomeMedicaidWelfare/Public AssistanceGovernment Subsidized HousingFood Stamps


Compound interest is interest paid on interest previously earned?

yes


Is the interest accrued on a student loan simple or compound interest?

its compound interest


Does the amount of interest earned each year increase decrease or stay the same in a simple interest account What about in a compound interest account?

Simple interest: stays the same. Compound interest: increases.


What does compound interest mean?

compounding of interest refers to the action wherein, the interest paid to us over a period of time would increase gradually.Ex: Lets say you invest Rs. 10000/- at 10% per annum which is compounded every quarter.So interest for first quarter: Rs. 250/-Principal at the end of first quarter: 10,250/-Interest for second quarter: Rs. 256.25/-Principal at the end of second quarter: 10,506.25/-the increase in interest in the second quarter is because, the interest paid during the first quarter is also considered for interest payment in the second quarter. So, even though the principal amount we invested remains the same the interest varies because of compounding of interest.The shorter the compounding period, greater is the interest earned.Simple interest is to charge interest on the principle amount.compound interest is the interest calculated on the simple interest!

Related questions

What is a UCC1?

That, my friend, is the newest Nintendo ds.


What is a UCC1-308 form?

That, my friend, is the newest Nintendo ds.


Does the government charge interest on SSI debts?

The Social Security Administration does not charge interest on a Supplemental Security Income overpayment.


How do you perfect a security interest in a negotiable instrument?

under ucc u make a security interest perfected by control. under article 9 of ucc.


Do Colorado security deposits have to earn interest?

yes, but it depends.


Does a lender need to file a deed of trust on your property?

It depends on the jurisdiction. The lender needs to file a deed of trust or a mortgage to protect its security interest in the property.It depends on the jurisdiction. The lender needs to file a deed of trust or a mortgage to protect its security interest in the property.It depends on the jurisdiction. The lender needs to file a deed of trust or a mortgage to protect its security interest in the property.It depends on the jurisdiction. The lender needs to file a deed of trust or a mortgage to protect its security interest in the property.


What are the five largest federal expenses?

income security, social security and medicare, national defense, net interest.


Does a security deposit collect interest?

Landlord-tenant relations are governed by municipal regulations, hence, they vary by city, but it is normal that a security deposit should collect interest. Of course, we are in a period of history in which interest rates in general are remarkably low, so I would not expect to collect a lot of interest.


What is endangering security interest?

Endangering security interest is a misdemeanor charge dealing with using property as collateral for loans, except the property has a lien against it. Charges generally stem from people trying to hide $500 or more worth of property damage or those that try hinder, transfer or destroy a property's security interest.


What does it mean to perfect a security interest?

Perfecting a security interest means that you have taken all the necessary legal steps and filed all the required papers to establish a lien against someone's property. If you borrow money against your house and sign a promissory note, the lender's security interest is perfected when the mortage or deed of trust is recorded.


What are the three ways a security interest is attached?

A Sexual Bisecual And Homosexual


What do you call a person who lends money and keeps goods as security?

Pawnbrokernoun: A person who lends money at interest on the security of an article pawned.