Examlex
In the figure above, what is the function of the attribute marked as item 6?
Financing Statement
A document filed by a creditor to indicate a security interest in the personal property of a debtor, used in securing loans.
Financing Statement
A form filed to give public notice of a secured party's interest in the debtor's collateral, facilitating the priority of claims in case of default.
Secured Interests
Interests in personal property or fixtures that secure payment or performance of an obligation, often seen in lending and financing agreements.
Take Possession
Take possession refers to the act of assuming physical control or ownership of a piece of property or asset.
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