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Personal Property Security Act


The Alberta Personal Property Security Act [PPSA] came into force in 1990 and produced a significant improvement in secured transactions in Alberta by removing many of the restrictions and limitations that prevented the use of secured credit. Since 1990, it has become clear that several areas of the law are in need of reform. Online banking and ecommerce as well ambiguities in the law contribute to the need for reform. The PPSA also did not […]

AREA OF LAW Corporate and Commercial
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FORMAT Publications
FILE RFD35.pdf

December 2, 2020

Order of Application of Assets in Satisfaction of Debts and Liabilities, Report for Discussion 19


This report considers the payment of a person’s debts out of their estate after their death (at the time of publication). Over hundreds of years, a common law “order of application” had developed, that determined the order in which certain kinds of assets could be applied to pay off a debt, so that, for example, assets that were not given over as a gift to someone would be applied to pay off debts before those […]

AREA OF LAW Wills and Succession Constitutional and Public Law
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FORMAT Publications
FILE rfd19.pdf

September 2, 2001

Report on Liens, Report for Discussion 13


A lien is an interest in property, similar to a security interest, which enables a creditor to retain (usually) or seize (occasionally) property belonging to a debtor. The rules governing liens in Alberta (at the time of publication) were widely varied, and controlled by a number of different statutes. This report suggests the creation of a unified Liens Act which would resolve problems such as the registration of liens, the priority of different interests on […]

AREA OF LAW Constitutional and Public Law Corporate and Commercial
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FORMAT Publications
FILE rfd13.pdf

September 2, 1992