Republic Acts1 min read
Section 12Sec./Art. 12
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Means of Perfection. A security interest may be perfected by:
(a) Registration of a notice with the Registry;
(b) Possession of the collateral by the secured creditor; and
(c) Control of investment property and deposit account.
A security interest in any tangible asset may be perfected by registration or possession. A security interest in investment property and deposit account may be perfected by registration or control.
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