The curative provision in section 43(6) of the PPSA: how misleading is a "seriously misleading" error?(Personal Property Security Act)(British Columbia)

From: The Advocate | Date: May 1, 2004| Author: Bhalloo, Shafik | Copyright information

The Personal Property Security Act, R.S.B.C. 1996, c. 359 (the "PPSA"), came into force in October I990. It modernizes and consolidates the law of personal property as security for debt in a single provincial statute. The PPSA contemplates a single central registration system whereby lenders and sellers are afforded an opportunity, using the mechanism of a financing statement, to register their interests in the personal property of a debtor in order to secure payment of the debt an...