
Real and Personal Property as Collateral
Why might an issuer (lender) seek to perfect his or her security interest in a piece of collateral? What does it mean to perfect a security interest? Is this a guarantee of payment? May the issuer take the collateral under any circumstance?
Why might an issuer (lender) seek to perfect his or her security interest in a piece of collateral? What does it mean to perfect a security interest? Is this a guarantee of payment? May the issuer take the collateral under any circumstance?
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