Security Interest in Assignment of Accounts Receivable or Contract Rights

The video tutorial explains how to create a security interest in the assignment of accounts receivable under UCC Article 9. It covers the value of accounts receivable, the process of transferring rights, and the importance of recording a security interest. The tutorial also discusses the filing requirements for a financing statement and scenarios where automatic perfection is achieved without filing, such as assigning a single account for existing debt or a limited number of accounts not constituting a significant percentage of total accounts.

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