The Town Bank makes collateralized loans to its customers at 1% above prime on certified securities owned by the customer, subject to existing margin requirements. In doing so, which of the following is correct?
A. Notification of the issuer is necessary in order to perfect a security interest.
B. Filing is a permissible method of perfecting a security interest in the securities if the circumstances dictate.
C. Any dividend or interest distributions during the term of the loan belong to the bank.
D. A perfected security interest in the securities can only be obtained by possession.
B. Filing is a permissible method of perfecting a security interest in the securities if the circumstances dictate.
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When dividends increase with all else remaining the same, which of the following is true?
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