Section

SECTION 59: Interpretation

Part of: Secured Transactions in Movable Assets Act 2017

In this Act— “Account Receivable” means a right to receive value arising from an obligation owed by an account debtor to the grantor including book debts but excluding a negotiable instrument; “Amendment Financing Statement” means a form in which information is entered to update the…

Read the full section with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.

Get Access I’m a member — Log in