UCC 3 & 4 on Negotiable Instruments: Time Frames, Legal Concerns & Member Issues

Date: January 17, 2013
Time: 2:00 PM- 3:30 PM CST
Registration Options:
Live Webinar- $200
The LIVE WEBINAR option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered.  You may have as many people as you like listen from your office speaker phone.  Registrants receive a toll-free number and pass code that will allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions.  Seminar materials, including instructions, pin number, and handouts will be emailed to you prior to the broadcast.  You will need the most current version of Adobe Reader available free at www.adobe.com.

On Demand Web Link & CD- $200
Can’t attend the live webinar?  The ON-DEMAND WEB LINK is a recording of the live event including audio, visuals, and handouts.  We even provide the presenter’s email address so you may ask follow-up questions.  Approximately 1 week prior to the webinar, you will receive an email with the web link.  This web link can be viewed anytime 24/7, beginning 6 business days AFTER the webinar and will expire 6 months after the live program date.  But there's more . . . AS AN ADDED BONUS, you will also receive a FREE audio/visual CD ROM.*  The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts.  Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training.

Live Webinar & On-Demand Web Link (INCLUDES FREE CD-ROM)- $250
Includes options 1 and 2 above

Special Registration Option for member credit unions under $20 million-$169
On-demand link only (does not include CD or live webinar)

About:
Articles 3 and 4 of the Uniform Commercial Code (UCC) and Federal Reserve Regulation CC govern:
     > Checks, drafts, and other negotiable instruments
     > The relationship between a financial institution and its accountholders
     > The relationship between financial institutions participating in the check clearing process

Do you understand these laws and how they dictate the credit union’s daily transactions?  This session is designed to teach the laws and regulations that govern negotiable instruments in a down-to-earth fashion by taking very complex laws and presenting them in simple terms.  
 
     HIGHLIGHTS
     > When is a check properly payable?
     > When is an endorsement required?  What is a proper endorsement?
     > What is a “holder in due course” and why is it important?
     > What is the credit union’s liability for paying a check over a stop payment?
     > May a financial institution pay checks and other debits in any order they select?
     > Who is liable for a forged drawer’s signature on a check?
     > Who is liable for a forged endorsement on a check?
     > What responsibility does an employer have for endorsements forged by an employee?
     > When is a check return timely?
     > What obligation does a member have to examine their statements?
     > Which financial institution is liable for encoding errors on a check?
     > How long may holds be placed on checks?

Attendance verification for CE credits provided upon request.

*To register for this webinar, click here.

For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
(E) carrie@cuaok.org