What question did this study set out to answer?

The aim is to develop a theoretical framework for understanding security interests by focusing on debtor choices.

November 1, 1994

A Property-Based Theory of Security Interests: Taking Debtors' Choices Seriously

SHSteven L. HarrisBrooklyn Law School CMCharles W. MooneyWilliam Carey University

Key Points

The aim is to develop a theoretical framework for understanding security interests by focusing on debtor choices.
Analysis of Article 9 of the Uniform Commercial Code
Discussion of property rights related to security interests
Theoretical exploration of debtor decision-making
Proposes a new perspective on security interests emphasizing debtors' agency.
Highlights gaps in the current framework of the UCC regarding debtor choices.
Suggests revisions to improve the recognition of debtor preferences in security interests.

Abstract

Steven L. Harris, Charles W. Mooney, Jr., A Property-Based Theory of Security Interests: Taking Debtors' Choices Seriously, Virginia Law Review, Vol. 80, No. 8, Symposium on the Revision of Article 9 of the Uniform Commercial Code (Nov., 1994), pp. 2021-2072

Ask AI

Helpful

Bookmark

View Full Paper