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In order for a security interest to attach to the collateral in the possession of subsequent purchasers, it must be perfected. If the security agreement is for a purchase money security interest in consumer goods, perfection is automatic. Otherwise, the lender must record either the agreement itself, or a UCC-1 financing statement, in an ...
A union security agreement is a contractual agreement, usually part of a union collective bargaining agreement, in which an employer and a trade or labor union agree on the extent to which the union may compel employees to join the union, and/or whether the employer will collect dues, fees, and assessments on behalf of the union.
A joint South African-British private security company registered in the British Virgin Islands. G4S [11] [12] London: Rubicon International Services: London: Ex commonwealth SF. Acquired by Aegis Defence Services on 28 October 2005. International Intelligence Limited: Eastington, Stroud: Specialist contracts. Operates in the security and ...
An agency shop is a form of union security agreement where the employer may hire union or non-union workers, and employees need not join the union in order to remain employed. [1] However, the non-union worker must pay a fee to cover collective bargaining costs. [1] The fee paid by non-union members under the agency shop is known as the "agency ...
Although most security interests are created by agreement between the parties, it is also possible for a security interest to arise by operation of law. [4] For example, in many jurisdictions a mechanic who repairs a car benefits from a lien over the car for the cost of repairs. This lien arises by operation of law in the absence of any ...
Some security officers at a jail in Atlanta that is under federal investigation walked off the job after the Fulton County sheriff's office failed to pay money owed to the third-party contractor ...