Click on the "In Depth" tab for tuition and speaker information.
Promissory notes are among the most common forms of commercial paper used in business and commercial transactions.
They are used to finance transactions and fund operations.
Their creation and exchange are also governed by UCC Article 3, which defines what constitutes an enforceable note and the rights and obligations of the parties to the note and on the exchange of the note.
Careful compliance with the Article 3 when drafting a note is necessary to ensure the benefit of the underlying bargain and preserve creditor rights.
This program provides a practical guide to drafting promissory notes, a framework for understanding the rights and obligations of the parties to the transaction, and tips to avoid common enforceability traps.
April 16, 2018 1:00 PM Eastern
NC State Bar
Mandatory Continuing Legal Education (MCLE) and Certified Paralegal Education (CPE) (Total): 1.00