Rene's Used Cars is wholly owned by Rene. Rene has a stock certificate evidencing his ownership in Rene's, marked "Certificate No. 1, 1,000 shares of stock in Rene's Used Cars 4 Sale, Inc." As part of the loan transaction referenced in the prior problem, Rene grants Aqua Bank a security interest in Rene's stock in the corporation. How does Aqua Bank go about perfecting its security interest?

Answer rating: 100% (QA)

To perfect its security interest in Renes stock ownership of Renes Used Cars 4 Sale Inc Aqua Bank needs to follow the guidelines set forth in Article ... View the full answer