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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

LawShelf Educational Media | Evaluated Learning Experience

Secured Transactions (COM-401)


Various (self-study, self-paced). 

Various, distance learning format.

December 2021 - Present.

Instructional delivery format: 
Online/distance learning
Learner Outcomes: 

Upon completion of this course, students will be able to: explain the role of the UCC Article 9 in governing transactions secured by collateral; distinguish between the types of security interests and explain how each can be perfected; determine which security interest has priority when multiple creditors are secured by the same collateral; allocate proceeds from the sale of collateral amongst secured creditors; and explain the process of default on security interests and the process of repossession.


The Secured Transactions course focuses on loans secured by collateral in the form of movable property; the counterpart to mortgages, which are loans secured by real estate. Secured transactions are governed by Article 9 of the Uniform Commercial Code (UCC) and therefore the focus of this course is on the provisions of the UCC. The course also studies examples and case studies.

Credit recommendation: 

In the upper division baccalaureate degree category, 3 semester hours in Commercial and Banking Law (6/21).