4/25/2023 0 Comments Secutiry interest of home purchase![]() (2) if the security interest is in inventory that is or was purchase-money collateral, also to the extent that the security interest secures a purchase-money obligation incurred with respect to other inventory in which the secured party holds or held a purchase-money security interest and (1) to the extent that the goods are purchase-money collateral with respect to that security interest A security interest in goods is a purchase-money security interest: ![]() (b) Purchase-money security interest in goods. (2) "purchase-money obligation" means an obligation of an obligor incurred as all or part of the price of the collateral or for value given to enable the debtor to acquire rights in or the use of the collateral if the value is in fact so used. ![]() (1) "purchase-money collateral" means goods or software that secures a purchase-money obligation incurred with respect to that collateral and Purchase-money security interest application of payments burden of establishing purchase-money security interest View our newest version here 2006 Louisiana Laws - RS 10:9-103 - Purchase-money security interest application of payments burden of establishing purchase-money security interest
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |