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Difference between revisions of "Creditors' Remedies against Debtors (10:III)"
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Creditors' Remedies against Debtors (10:III) (view source)
Revision as of 23:11, 17 August 2019
, 23:11, 17 August 2019→4. Methods of Perfection
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*i) '''perfection by possession of collateral applies to all forms of security interests (s 24)'''; | *i) '''perfection by possession of collateral applies to all forms of security interests (s 24)'''; | ||
*ii) '''perfection by registration'''. Subject to s 19, registration of a financing statement perfects a security interest in collateral. (s 25); and | *ii) '''perfection by registration'''. Subject to s 19, registration of a financing statement in the Personal Property Registry perfects a security interest in collateral. (s 25); and | ||
*iii) '''temporary perfection''' (ss 5(3), 7(3), 26, 28(3), 29(4) and 51). | *iii) '''temporary perfection''' (See ss 5(3), 7(3), 26, 28(3), 29(4) and 51). | ||
=== 5. Remedies === | === 5. Remedies === | ||