bond-basics

Financing Statement

Another name for a UCC form, filed in the state and/or county where the security for the repayment of the Bonds is located or the transaction is taking place, which may be required to perfect a Security Interest in certain property and revenues.


See Also

Uniform Commercial Code (“UCC”)

UCC is an abbreviation for the “Uniform Commercial Code,” which governs the transfer of security interests in personal property pursuant to state law.

Hudson Yards Rail Yards

Start with the Bond Basics

Host Approval

Approval by the governmental unit in the geographic jurisdiction which contains the site of the project to be financed by a private activity bond issue, as required by TEFRA.