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" When collateral is disposed of by a secured party after default, the disposition transfers to a purchaser for value all of the debtor's rights therein, discharges the security interest under which it is made and any security interest or lien subordinate... "
Intellectual Property Security Registration and the Report of the U.S ... - Página 75
por United States. Congress. House. Committee on the Judiciary. Subcommittee on Courts and Intellectual Property - 2000 - 154 páginas
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Uniform Commercial Code: Hearing Before Subcommittee 5 ... 88th Congress ...

United States. Congress. House. Committee on the District of Columbia, United States. Congress. House. Committee on the District of Columbia. Subcommittee No. 5 - 1964 - 172 páginas
...(4) When collateral is disposed of by a secured party after default, the disposition transfers to a purchaser for value all of the debtor's rights therein, discharges the security interest under which it is made and any security interest or lien subordinate thereto. The purchaser takes free of all such...
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Hearings

United States. Congress. House. Committee on the District of Columbia - 1964 - 1602 páginas
...which is the subject of widely distributed standard price quotations he may buy at private sale. (4) When collateral is disposed of by a secured party after default, the disposition transfers to a purchaser for value all of the debtor's rights therein, discharges the security interest under which...
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Uniform Commercial Code: Hearing...88-1...April 11, 1963

United States. Congress. House. Committee on the District of Columbia - 1964 - 162 páginas
...which is the subject of widely distributed standard price quotations he may buy at private sale. (4) When collateral is disposed of by a secured party after default, the disposition transfers to a purchaser for value all of the debtor's rights therein, discharges the security interest under which...
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Law and Practice of Secured Transactions: Working With Article 9

Richard F. Duncan, William H. Lyons, Catherine Lee Wilson - 2011 - 688 páginas
...Sigman, "Guarantors' Pre-Default Waivers of Article 9 [4] — The Purchaser's Title Section 9-504(4)131 provides that "(w]hen collateral is disposed of by...party after default, the disposition transfers to a purchaser for value all of the debtor's rights therein, discharges the security interest under which...
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