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Secured Transactions Act · s 48
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Secured Transactions Act · s 48
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
A verification statement shall, as soon as reasonably practicable after a financing statement has been registered, be given to the person who submitted the financing statement for registration.
A copy of the verification statement shall be given to the debtor by the secured party who registered a financing statement, or on whose behalf a financing statement has been registered, within 15 working days after the verification statement is received, unless the debtor has waived in writing the right to receive it.