TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CHATTEL SECURITY LAW [3 records]

Record 1 2015-09-16

English

Subject field(s)
  • PAJLO
  • Law of Security
CONT

5(1) Subject to this Act [Personal Property Security Act], the validity, perfection and effect of perfection or non-perfection of(a) a security interest in goods, and(b) a possessory security interest in a negotiable document of title, chattel paper, a security, an instrument and money, are governed by the law of the jurisdiction where the collateral is situated when the security interest attaches.

CONT

If a person acquired rights in all or part of the collateral during the period when the security interest would have been unperfected but for the deemed continuous perfection by the Act, then the re-registration for renewal will not be effective against the person who acquired the rights during the period of unperfection.

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

non-perfection : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

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Record 2 2015-09-14

English

Subject field(s)
  • PAJLO
  • Law of Security

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

droit des sûretés mobilières : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 2

Record 3 2015-09-14

English

Subject field(s)
  • PAJLO
  • Law of Security
CONT

The only reason this project deals with the law of security interests in investment securities is that the settlement rules have created a unique new form of property : the security entitlement. Consequently, full implementation of the proposed reforms will require conforming amendments to provincial PPSAs, and perhaps other provincial chattel security legislation, to deal with security interests in such property.

French

Domaine(s)
  • PAJLO
  • Droit des sûretés
OBS

droit des sûretés : terme normalisé par le Comité de normalisation, Promotion de l’accès à la justice dans les deux langues officielles (PAJLO).

Spanish

Save record 3

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