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.
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The Colosseum is probably the most impressive building of the Roman Empire. Originally known as the Flavian Amphitheater, it was the largest building of the era. The monumental structure has fallen into ruin, but even today it is an imposing and beautiful sight.