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Consignment Filings

Consignment Filings
Do you sell on consignment? If you allow customers to have possession of goods under a “consignment” agreement prior to the actual sale, you are at risk of losing your rights in the goods. To protect your interest, you must have perfected a security interest in those goods under Article 9 of the Uniform Commercial Code (“UCC”) prior to delivery.
UCCs and Consignment

UCCs and Consignment

If you allow allow customers to possess goods under a “consignment” agreement prior to the actual sale, you are at risk of losing your rights in the...

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Consignment or Bailment?

Consignment or Bailment?

For creditors, Consignment and Bailment transactions get a little fuzzy. In this infographic we'll compare Consignment and Bailment and offer some...

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EC: UCC Filings and Consignment

EC: UCC Filings and Consignment

In this NCS Extra Credit installment, UCC Account Representative Nikki Wilson discusses how a consignor can protect their consigned goods. {%...

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