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Part III Registration and Other Perfection Requirements, 9 Registration and Other Perfection Requirements

From: The Law of Security and Title-Based Financing (2nd Edition)

Hugh Beale, Michael Bridge, Louise Gullifer, Eva Lomnicka

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From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 21 September 2020

Subject(s):
Collateral taker — Mortgage
9.01 The expression ‘perfection’ is a useful way to describe any steps that a secured creditor has to take in order to be able to make the security effective against other secured creditors, trustees in bankruptcy and company liquidators or administrators. 9.02 The expression is derived from Article 9 of the Uniform Commercial Code. The methods of perfection set out in Article 9 consist of possession, control, and registration (or filing).1 Possession (of tangible movables) speaks for itself; control, of the ability to dispose of the securities, for example, that...
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