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- Personal property securities
- Key concepts, rules and features of the PPSA
Attachment and perfection of security interests
The PPSA sets out the rules relating to when a security interest will attach to personal property and how a secured party can perfect that interest. A security interest is only effective if it has attached to personal property. A security interest can be perfected by registration, possession and control. Only certain types of property can be perfected by control.
See Attachment and perfection of security interests.
