The BasicsSecured Transactions • February 25th, 2015
It is important that documentation touch all of the bases. Too often, an essential element is overlooked. This chapter presents a basic overview of the scheme of Article 9 secured transactions, from which everything else in the book flows.
Assignment 12 Priority: Secured Party v.Secured Transactions • October 14th, 2014
ContractSecured Transactions • October 15th, 2013
Unless otherwise agreed a secured party has on default the right to take pos- session of the collateral. In taking possession a secured party may proceed without judicial process if this can be done without breach of the peace or may proceed by action. If the security agreement so provides the secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties. Without removal a secured party may render equip- ment unusable, and may dispose of collateral on the debtor’s premises under 5 CMC § 9504.
ContractSecured Transactions • October 15th, 2013
