Examlex
What is the function of creative boutiques?
Financing Statement
A document filed to give public notice that a creditor has a security interest in the debtor's collateral, used in securing transactions.
Attach
in legal terms, means to legally seize a person's property to secure or satisfy a court judgement.
Enforceable Security Interest
A legal claim or lien on collateral that gives a creditor the right to take possession of the property if the debtor defaults on obligations.
Continuation Statement
A legal document filed to extend the duration of a UCC financing statement, maintaining the priority of the secured interest in the collateral.
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