This document is a collateral assignment of intellectual property. It details the collateral assignment, the scope of the assignment, representations and warranties, default remedies, and all other aspects generally found in an assignment agreement.
Michigan Collateral Assignment of Intellectual Property
State:
Multi-State
Control #:
US-TC0713
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Intellectual property falls within the scope of 'general intangibles' as defined in Section 9-102 of Article 9 of the Uniform Commercial Code. As such, searching for UCCs that may include IP as collateral is necessary but limiting your due diligence to a typical UCC and statutory lien search may not be enough.
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