Security and Collateral Issues
Because the capitalization of many value-added businesses involves borrowed money, it is important to understand the legal and tax consequences of these transactions in case one of the parties cannot meet his/her responsibilities.
For more information on this topic, see the links listed below of articles posted on related Web sites.
- Statutory Agricultural Liens under Revised Article 9 of the Uniform Commercial Code – The National Agricultural Law Center - It has been said that Revised Article 9 of the Uniform Commercial Code was designed to bring greater certainty to financing transactions, thus reducing the overall cost of credit.
Revised May, 2019.