Which of the following is true under the UCC regarding a security interest in collateral that has been perfected in one state when the collateral is moved to another state?
A) A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of four months from the date that the property is brought into the other state.
B) A security interest in collateral that has been perfected in one state will generally expire immediately when the collateral is moved to another state.
C) A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of 30 days from the date that the property is brought into the other state.
D) A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of six months from the date that the property is brought into the other state.
E) A security interest in collateral that has been perfected in one state will generally transfer to another state for a period of two months from the date that the property is brought into the other state.
Correct Answer:
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