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Collateral class

Used to describe the personal property that is being used to secure payment or performance of an obligation.

The PPSR separates collateral classes under four broad categories:

  • Tangible property
    • Motor vehicles
    • Watercraft
    • Aircraft
    • Agriculture
    • Other goods
  • General property
    • All present and after acquired property – no exceptions
    • All present and after acquired property – with exceptions
  • Intangible property
    • Account
    • General intangible
    • Intellectual property
  • Financial property
    • Chattel paper
    • Currency
    • Document of title
    • Intermediated security
    • Investment instrument
    • Negotiable instrument

Each registration must only relate to a single collateral class. Please see the Collateral class page for more information.