10 Reasons a UCC Insurance Policy is Superior to Legal Opinion

Lenders have typically relied on heavily-qualified legal opinions of outside counsel regarding the attachment, perfection and priority of a security interest. A UCC insurance policy provides a significant advantage over a legal opinion, offering greater protection to the lender and limited liability to outside counsel.

Welcome to UCC Insurance Insights

Welcome visitors to our new blog, UCC Insurance Insights. We want the blog to be a clearinghouse for all things relating to commercial loan transactions involving a security interest being granted to the lender for any type of collateral under Article 9 (secured transactions) and Article 8 (securities) of the Uniform Commercial Code (UCC).