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Understanding Article 9: Secured Transactions and Security Interests
Presented by Don Petersen
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Course Description
Length: 1h 0min Published: 8/14/2026 
This comprehensive CLE course, 'Lifting the Veil to Article 9,' is designed to provide legal professionals with a thorough understanding of secured transactions and security interests under Article 9 of the Uniform Commercial Code (UCC). The instructor, an experienced business lawyer and former law professor, guides participants through the complexities of security interests, financing statements, and the role of collateral in securing loans. The course emphasizes practical understanding, enabling attorneys to confidently handle secured transactions in their practice. Participants will learn about the distinctions between debtors and obligors, the process of perfecting security interests, and the implications of statutory lien creditors. By the end of the course, attendees will be equipped to research and apply Article 9 principles effectively, ensuring they can advise clients on secured transactions with greater confidence.
Learning Objectives
* Understand the basic concepts of secured transactions and security interests under Article 9.
* Differentiate between debtors and obligors and their roles in secured transactions.
* Learn the process of perfecting a security interest and its importance in priority disputes.
* Explore the impact of statutory lien creditors on secured transactions.
* Gain practical insights into the application of Article 9 in real-world legal scenarios.
* Recognize the significance of collateral in securing loans and protecting lender interests.
* Familiarize with the terminology and definitions unique to Article 9.
* Develop the ability to research and find answers to complex secured transaction questions.
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Presented By:
Don Petersen
Grand Rapids, MI
(616) 389-4960
don@donpetersenlaw.com
