HRS § 490-9-318 - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers — United States — Hawaii law | Esheria

HRS § 490-9-318 - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers

A debtor who sells certain payment assets does not keep a legal or equitable interest in the sold collateral.

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Jurisdiction
United States — Hawaii
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Updated
Official source
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accounts receivable collateral promissory notes security interests

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