Most variations of UCC filings are fairly easy to explain. A Blanket filing is a security interest in all assets of your customer. A Purchase Money Security Interest filing grants a security interest like a blanket filing, but with the added ability to repossess inventory or equipment. But fixture filings are a bit more difficult to understand.
What are fixtures and fixture filings? How do they relate to Article 9 of the Uniform Commercial Code? This infographic answers these questions and provides examples of items that might be protected by fixture filings!
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