How to Understand Purchase Money Security Interest or PMSI and Other Categories of Collateral That are Excluded From a Collateral Lien

A collateral lien may exclude some categories of collateral. This is of particular concern if a piece of property changes from one category to another. In this video presentation, Charles B. Jimerson and two additional attorneys provide a thorough explanation of purchase money security interest (also known as PMSI). Additionally, the speakers […]