Country bank files a financing statement in indiana

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Reference no: EM1399095

Q. Country Bank, located in Indiana, loaned Chmelik $5,000 and obtained a security interest in a copyright Chmelik owns. Chmelik lives in Illinois but works in Indiana. In order to perfect its interest, Country Bank files a financing statement in Indiana. The financing statement provides Chmelik's correct name, his business address and a reasonable description of the copyright used as collateral. Is the financing statement sufficient?

Reference no: EM1399095

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