Fiona borrows $1,000 from Garden State Bank,using her motorcycle as col-lateral.To perfect its security in-terest,the bank must file its financing statement with

Name: Fiona borrows $1,000 from Garden State 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.

Fiona Borrows $1,000 from Garden State Bank,using Her Motorcycle as Col-Lateral.To