Non-consensual security interests in personal property

• Author(s) / Creator(s)

  • Wood, Roderick J.
  • Wylie, Michael I.

• The authors trace the chaotic growth of nonconsensual security interests in personal property. Rules governing non-consensual security interests are analyzed and shown to have developed in an inconsistent and unpredictable manner. The authors set out a framework to resolve the priority contests between security interests governed by the Personal Property Security Act and non-consensual security interests. Ultimately, the authors call for reform to this area of the law, similar to that which occurred to chattel security law with the advent of the Personal Property Security Act, so as to create some degree of predictability in the area. | Les auteurs suivent /a croissance chaotique des sarets non consensuelles relatives aux biens pet-sonnels. Les rigles qui les regissent ont ite Nlaborees de faon incoherente et impr~visible. Les auteurs Jtablissent un cadre permettant de rsotudre les conflits de priorit6s entre les sfretds r~gies par lo loi stir les stiretes mobilieres relatives aux biens personnels et les saretes non consensuelles. Finalement, les auteurs reclament des r(formes similaires dans ce secteur du droit o celles qui ont dij6 eu lieu en matidre de garanties mobiliores avec radoption de la PPSA, afin de crger une certaine mesure de prvisibilite dans le domaine.

• Date created

  1992

• Subjects / Keywords

  • Canadian Law

• Type of Item

  Article (Published)

• DOI

  https://doi.org/10.7939/R3KH0FD1J

• License

  © 1992 Roderick J. Wood et al. This version of this article is open access and can be downloaded and shared. The original author(s) and source must be cited.