This Law applies to the constitution, registration, advertising, cancellation and formalization of securities over movable and intangible goods. It is intended to stimulate the economy and generation of new jobs.
Under the new law, small entrepreneurs may have greater opportunities to credit access, offering securities over equipment and machinery; inventories; merchandise; patents and trademarks, among others.
This law will enhance the economic value of movable and intangible goods that may be subject to warranty and support obligations acquired from a debtor to a creditor, whether they are individuals or corporations.
For more information contact:
Daisy Martinez | email@example.com
Banking Division Manager