Mona borrows $1,000 from National Bank,using her motorcycle as col?lateral.To perfect its security in?terest,the bank must file its financing statement with

Name: Mona borrows $1,000 from National Bank,using her motorcycle as col?lateral.To perfect its security in?terest,the bank must file its financing statement with
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To perfect a security interest in most types of collateral, including a motorcycle, the financing statement must be filed with the secretary of state.

Mona Borrows $1,000 from National Bank,using Her Motorcycle as Col?lateral