Perfection is usually accomplished without filing a financing statement.

Question

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Filing a financing statement is often required to perfect a security interest in certain types of collateral, such as accounts receivable or equipment. Failure to file a financing statement can result in the security interest being subordinate to other creditors or being deemed unenforceable. Therefore, perfection is not usually accomplished without filing a financing statement.

Perfection Is Usually Accomplished Without Filing a Financing Statement