All information on a UCC-1 is public information. Many states offer UCC searches online for a small fee. Before a lender makes a secured loan in which it intends to file a UCC-1 form, it does a lien search to make sure there are no other UCC-1s filed against the piece of collateral being financed.
The mandate makes the judgment of the court final, taxes costs related to the appeal (if required), and releases the courtâs jurisdiction of the case. The mandate will normally issue following the decision of the case or the denial of rehearing, whichever is later. 2
Precedent that must be applied or followed is known as binding precedent (alternately metaphorically precedent, mandatory or binding authority, etc.). Under the doctrine of stare decisis, a lower court must honor findings of law made by a higher court that is within the appeals path of cases the court hears. court may consider the ruling of a higher court that is not binding. For example, a district court in the United States First Circuit could consider a ruling made by the United States Court of Appeals for the Ninth Circuit as persuasive authority.