This article makes an attempt to reduce the broad and diverse subject matter of secured lending into some of its simplest common denominators and, from these, to develop some practical guidelines that can be applied to most secured transactions. The following topic will be discussed at some length: loans secured by inventory, accounts receivable, and stocks, bonds and similar collateral. Loans secured by cash value of life insurance, petroleum, ship mortgages and aircraft will be discussed briefly.
Lott, Ken L. and Myers, Robert G.
Mercer Law Review: Vol. 28:
3, Article 7.
Available at: https://digitalcommons.law.mercer.edu/jour_mlr/vol28/iss3/7