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PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 337A Registration defective if collateral is not covered by transitional security agreement

PERSONAL PROPERTY SECURITIES ACT 2009 - SECT 337A

Registration defective if collateral is not covered by transitional security agreement

    Without limiting section   164 (defects in registration), a registration that discloses that collateral is covered by a transitional security agreement is ineffective to the extent that it describes collateral that is not covered by a transitional security agreement.