Security interest is defined by the Uniform Commercial Code, which specifies the kinds of property susceptible of encumbrance by a security interest and governs the manner of creation of security interests and the rights of the holders of security interests against obligors and third persons.
Article 3139 active cc book
Law governing security interest ACTIVE
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References
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Cited by
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History
- enactment Acts 2014, No. 281, §1, eff. Jan. 1, 2015