Answer:
The perfection of your lien is affected by who signs the security agreement, not who signs the note.
First published on BankersOnline.com 3/7/05
Does the Spousal Signature Rule Affect Perfection?
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Question:
If we are not making the spouse sign the note, but we are making the spouse sign the security agreement, isn't our right to perfect the lien by filing a UCC or EFS affected?
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