Lesson Viewed

Value and Rights in the Collateral: Discussions in Secured Transactions

This podcast focuses on two of the elements needed to attach a security interest to collateral under Article 9 of the Uniform Commercial Code: value given and a debtor’s rights in the collateral. The security agreement requirement is the subject of a separate podcast.


Learning Outcomes


On completion of the podcast, the student will be able to:


  1. Recall the definition of a security interest as provided in U.C.C. § 1-201(35). 
  2. Identify two of the key elements of attachment of a security interest: (i) value given; and (ii) the debtor having rights to the collateral, per U.C.C. § 9-203.
  3. Describe the various ways one can satisfy the value requirement as provided in U.C.C. § 1-204. 
  4. Describe the various ways in which the debtor can have rights to the collateral.

  • Podcast Running Time

    12:33
  • CALI Topics

  • Lesson ID

    CT1_10P
  • Runs in past 30 days

    10

Lesson Authors

Creative Commons Licensing

Creative Commons Licence