The documentation drumbeat never fades. Every account, every transaction,
every loan requires specific documentation. This webinar will march through
each type of loan document and identify when to use it. Don’t miss this
unique opportunity to learn about loan documentation for all legal entities.
- Understand each specific loan document and its purpose
- Explain the various types of legal entities and how to determine the legal existence
- Distinguish when unanimous consent, certified resolutions, and incumbency
certificates can be used
- Determine if the loan has been properly authorized by the legal entity and the proper
person authorized to sign on behalf of the legal entity
- Identify which documents the lender can require a guarantor’s spouse to sign
Proper loan documentation is essential to the lender’s ability to enforce the loan against
the borrower (and guarantor) and to pursue collection against the collateral. This webinar
will provide a thorough understanding of each type of loan document and when that
document should be used. It will take the mystery out of the “legalese” in loan documents
and explain which wording is absolutely required for its legal effectiveness and which is
simply “boilerplate.” Also, this webinar will explain every type of legal entity, including a
corporation, general partnership, limited partnership, limited liability company,
unincorporated association, sole proprietorship, living trust, and business trust. Join us
to learn the legal entity documents your institution should review to confirm:
- The entity currently exists and is in good standing
- The entity has the actual legal authority to enter into the loan and to pledge its
- The person who is properly authorized to sign the loan documents on behalf of the
Elizabeth Fast, JD, CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the
representation of financial institutions. Elizabeth is the head of the firm’s training division.
She received her law degree from the University of Kansas and her undergraduate degree
from Pittsburg State University. In addition, she has a Master of Business Administration
degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was
General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with
more than 130 branches, where she managed all legal, regulatory, and compliance
Live and recorded webinar, handouts, quiz with answer key and training log are included.
Your registration includes unlimited locations (until further notice), making it easier to share and learn with remote staff during the coronavirus crisis. Training materials will be available to download the day of the event.