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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Originally the tallest all-glass structure in Manhattan, Trump Tower is still one of the most distinctive buildings in the world, in one of New York Cityâs most prime locations, offering unobstructed views of Central Park and midtown Manhattan.