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Suppose the name of a limited liability company, or LLC, as reflected in its most recent annual report filed with the state, was Rodger House, LLC. Rodger was spelled R-O-D-G-E-R. The LLC borrowed money from a bank. To secure the loan, the LLC gave the bank a valid security interest in the LLC's inventory and equipment. Meaning to perfect the security interest, the bank filed a financing statement with the appropriate state office.
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