Assuming Constantine files a financing statement with the correct agency, how long is a financing statement valid under the UCC?
A) 30 days
B) 90 days
C) 1 year
D) 5 years
E) 10 years

Name: Assuming Constantine files a financing statement with the correct agency, how long is a financing statement valid under the UCC? A) 30 days B) 90 days C) 1 year D) 5 years E) 10 years
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Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), a financing statement is valid for a period of 5 years from the date of filing.

Assuming Constantine Files a Financing Statement with the Correct Agency