A creditor has a security interest in collateral, and becomes a secured party, if and when a security interest âattaches.â Under the UCC, a security interest generally does not attach unless three basic requirements are met. In simplest form, the requirements are that: value be given for the security interest.
Click for full photo gallery: World's Most Beautiful Buildings. Barry selected Instanbul, Turkeyâs Hagia Sophia, which was a cathedral for hundreds of years before it became a mosque during the Ottoman Empire.
The Empire State Building is one of the most famous buildings in the world. It was the tallest building in the world when it was built in 1931 and kept that title for nearly 40 years. In 2017, it was ranked as the fifth tallest building in the United States, topping out at 1,250 feet.