PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 113 Recovering judgment or issuing execution does not extinguish a security interest in collateral
PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 113
Recovering judgment or issuing execution does not extinguish a security interest in collateral The fact that a secured party has recovered judgment, or issued
execution, against a grantor in relation to collateral does not extinguish the
security interest in the collateral.