The Security Interest as another way to access credit: should we regulate it in Uruguay?
El security interest como forma de acceso al crédito: ¿por qué no regularlo detalladamente en el derecho uruguayo?
| 2021 | |
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credit security interest secured transactions Anglo-saxon law pledge without transfer of possession crédito garantías mobiliarias prenda sin desplazamiento operación garantizada derecho anglosajón |
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| Español | |
| Universidad Católica del Uruguay | |
| LIBERI | |
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https://revistas.ucu.edu.uy/index.php/revistadederecho/article/view/2661
https://hdl.handle.net/10895/7287 |
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| Acceso abierto |
| Sumario: | The Security Interest, thoroughly regulated under article 9 of the Uniform Commercial Code of the USA, allows debtors and creditors to engage in secured transactions, where a wide range of assets may serve as collateral, avoiding the risk of a debtor’s default, thus enhancing the provision of credit. This article analyses article 9 and highlights the simplicity of this institute, stressing the difficulties and required amendments that should be made to the Uruguayan Pledges Without Transfer of Possession Act (n.° 17228) of the year 2000, which only partially imported the security interest model. |
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