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Campbell Law Review

1986

Secured transactions

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Return To The Conservative View Of Security Agreements In Commercial Transactions, Gregory D. Hutchins Jan 1986

Return To The Conservative View Of Security Agreements In Commercial Transactions, Gregory D. Hutchins

Campbell Law Review

The purpose of this comment is to explore judicial interpretation of what constitutes a security agreement, to delineate the arguments available to an attorney confronted with a deficient security agreement and to advocate a return to the conservative single document approach. Attorneys should also recognize that continued reliance on formal security agreements is advisable.