To attach a security interest, the agreement must be filed for public inspection.

Question

Quizplus · Accepted Answer

For a security interest to attach, the secured party must have given value, the debtor must have rights in the collateral, and there must be a security agreement, usually in writing, that describes the collateral, but filing for public inspection is not a requirement for attachment, though it may be necessary for perfection against third parties.

To Attach a Security Interest, the Agreement Must Be Filed