Ontario was the first province in Canada to adopt a UCC Article 9 type registration system called the 'Personal Property Security Act' or PPSA.
An Overview of Bill 152: An Act to Modernize Various Acts Administered By Or Affecting the Ministry of Government Services, 2006
Ontario was the first province in Canada to adopt a UCC Article 9 type registration system called the '<i>Personal Property Security Act</i>' or PPSA. During the early 1990s, Ontario refreshed its legislation, and other Canadian provinces soon followed with their own acts that were modeled on but not the same as the Ontario PPSA. As with any legislation, certain changes made by other provinces turned out to be superior to the act that it modeled.
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Jonathan Fleisher And Harvey GarmanThis premium content is locked for LawJournalNewsletters subscribers only
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