Personal Property Security Act Overview

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Republic Act No. 11057: Personal Property Security Act Overview

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Title Supreme Court: Personal Property Security Act Overview

Law: Republic Act No. 11057

Decision Date: Aug 17, 2018

The Personal Property Security Act is a Philippine law that aims to increase access to affordable credit for micro, small, and medium enterprises by establishing a unified legal framework for securing obligations with personal property, including provisions on creation, perfection, and enforcement of security interests.

personal property security

affordable credit

micro small medium enterprises

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