perfected


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perfected

adj. having completed all necessary legal steps to achieve a result, such as perfected title to property. (See: perfect)

References in periodicals archive ?
Thus, security interests should be perfected by recording UCC-1 Financing Statements.
A cooperative organization security interest becomes perfected when the cooperative interest first comes into existence, and remains perfected as long as the cooperative interest exists.
Even if the lender's counsel perfected its lien in room revenues appropriately, this is no guaranty that the lender will have a claim to those revenues generated after a bankruptcy filing, he warned.