Search Results for: PERFECTION

perfection of security interest

perfection of security interest 〈美〉担保权益的确立 有关担保事项的法律通常要求被担保人向政府部门登记,公开宣示其担保权益,以对抗其他债权人对担保物的请求。《统一商法典》〔U.C.C.〕对担保权益的确立作有具体规定。依照商法典的规定,被担保人可以进行登记、占有担保物或通知担保物的保管人以确立其担保权益。在少数特殊情况下,商法典规定被担保人不采取任何措施即可确立其担保权益,称为「自动确立」〔automatic perfection〕或「财产扣押确立」〔perfection by attachment〕。

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perfection

perfection. Validation of a security interest as against other creditors, usu. by filing a statement with some public office or by taking possession of the collateral. Cf. ATTACHMENT(4). [Cases: Secured Transactions 81–96, 138–145. C.J.S. Secured Transactions §§ 3, 50–51, 53–77, 88, 90–102, 105–107, 118.] automatic perfection. The self-operative perfection of a purchase-money security interest without

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temporary perfection

The continuous perfection of a security interest for a limited period. • For example, a security interest in proceeds from the original collateral is perfected for ten days after the debtor receives the proceeds; the interest will become unperfected after this ten-day period unless certain statutory requirements are met. On most instruments, a secured party

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automatic perfection

The self-operative perfection of a purchase-money security interest without filing or without possession of the collateral. • The security interest is perfected simply by the attachment of the security interest, without any additional steps. See purchase-money security interest under SECURITY INTEREST. [Cases: Secured Transactions 83, 146. C.J.S. Secured Transactions §§ 10, 55, 103–105.]

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attachment

attachment n. (1)扣押 指扣押某人的财产以担保将来判决能得到履行或者将扣押的财产变卖以执行判决。 (2)拘禁 指对不服从法院判决、命令或有其他藐视法庭行为者给予的处罚,或者将某人拘禁以保证其能够履行判决。 (3)扣押令;拘禁令 指令依法扣押财产或拘禁人身的令状,也称「writ of attachment」。 (4)担保权益的发生 根据美国《统一商法典》〔Uniform Commercial Code〕第9-203条,当债务人同意担保、从被担保方取得代价以及债务人取得担保物的权利时,即在该财产上产生担保权益。它与担保权益的生效〔perfection〕相区别。 (5)附加;附属

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design defect

An imperfection occurring when the seller or distributor could have reduced or avoided a foreseeable risk of harm by adopting a reasonable alternative design, and when, as a result of not using the alternative, the product or property is not reasonably safe. [Cases: Products Liability 11. C.J.S. Products Liability §§ 19–21.]

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