PPSA 1202 - Advanced Concepts
About the Course
This course is designed for enrollees who have sound command of the PPSA and wish to explore advanced concepts not addressed in the survey course or the course focused on legislative updates. If you are being asked sophisticated questions about security agreement terms, registering and maintaining financing statements in the Personal Property Registry, secured financing and realization in the agricultural sector, the implications of bankruptcy and insolvency on security interests, or secured transactions involving digitized assets (like electronic chattel paper, cryptocurrencies, non-fungible tokens, etc.), then this PPSA course may be the right fit for you.
Scheduled Instruction
3 hours
Program
Session 1: Critical Terms of the Security Agreement
Session 2: Amending Registration in the Personal Property Registry: Additional Collateral, Transferred Collateral & Debtor Name Change
Session 3: Agricultural Issues: After-Acquired Crops; Production Money Security Interests; Enforcement Against Farm Implements
Session 4: Effect of Bankruptcy & Insolvency on a Security Interest
Session 5: Perfection by Control: Security Interests in Investment Property & Electronic Chattel Paper
Session 6: Brave New World: Security Interests in Cryptocurrencies & Cryptoassets
About the PPSA
The PPSA governs security interests in personal property. In force in each common law province and territory, it is one of Canada’s most important commercial statutes. Transactions governed by the PPSA include conventional secured loans, conditional sale contracts, security leases, leases for a term of more than one year, security consignments, commercial consignments, security trusts, and transfers of accounts and chattel paper. Failure to comply with the technical requirements of the PPSA can be fatal to a secured party’s claim to the collateral. Sound command of the statute is therefore an absolute must for any successful commercial lawyer, banker or finance specialist.
Discontinued as a Public Course
PPSA 1202 is no longer delivered publicly, only privately. If your organization is interested in arranging for private delivery of PPSA 1202, please contact Clayton Bangsund for pricing, scheduling and other details.
