In force2022 Revised EditionCurrent version · 2022 Revised EditionSee versions on Attorney General's Chambers(opens the publisher’s site)
Secured Transactions Act · 2022 Revised Edition · Part · Registration
Secured Transactions Act · 2022 Revised Edition · Part · Registration
Official textFrom Attorney General's Chambers, unchanged
A financing statement shall be registered at the time a registration number, date and time are assigned to it by the Registry, and it shall not be effective against third parties until it is searchable in the register.
financing statement
“financing statement” means forms in writing or their electronic equivalent as provided in the regulations on which information is provided in order to effect, amend, terminate or continue a registration;
Secured Transactions 32
A financing statement may be registered before or after a security agreement is concluded.
security agreement
“security agreement” means an agreement between the debtor and secured party that creates or provides for a security interest;
A financing statement may relate to one or more security agreements.
financing statement
“financing statement” means forms in writing or their electronic equivalent as provided in the regulations on which information is provided in order to effect, amend, terminate or continue a registration;
security agreement
“security agreement” means an agreement between the debtor and secured party that creates or provides for a security interest;
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