51A-12-16. Security interests authorized.
42 words·~1 min read·
/sd/title-51/chapter-51-12/51a-12-16·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A credit agreement, or any agreement executed in connection therewith, may provide for the creation of a security interest in any personal or real property, including any goods under such agreement, to secure payment of a debtor's outstanding indebtedness under such agreement.