Which method(s) of perfection must be used for stocks and bonds?
A) Automatic perfection.
B) Perfection by filing.
C) Perfection by possession.
D) Perfection by filing or perfection by possession.
E) Any method of perfection is acceptable for stocks and bonds.

Question

Quizplus · Accepted Answer

Perfection by possession is typically required for stocks and bonds to ensure the secured party has control over the securities.

Which Method(s) of Perfection Must Be Used for Stocks and Bonds