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Rehypothecation: Difference between revisions
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Under a [[title transfer collateral arrangement]] (as opposed to a [[pledge]]) the [[collateral]] a {{sex|lady}} receives is hers to do with as she pleases, as long as she returns something “[[equivalent]]” when the time it right.<ref>If someone tells you they wish to [[rehypothecate]] collateral they’ve taken under a [[title transfer collateral arrangement]], quickly find a sleeve you can laugh up.</ref>If she receives a [[security interest]] over collateral then, unless she has a separate [[right of use]] over the asset, she cannot sell it — it not being hers to sell — but must return the self-same thing. | Under a [[title transfer collateral arrangement]] (as opposed to a [[pledge]]) the [[collateral]] a {{sex|lady}} receives is hers to do with as she pleases, as long as she returns something “[[equivalent]]” when the time it right.<ref>If someone tells you they wish to [[rehypothecate]] collateral they’ve taken under a [[title transfer collateral arrangement]], quickly find a sleeve you can laugh up.</ref>If she receives a [[security interest]] over collateral then, unless she has a separate [[right of use]] over the asset, she cannot sell it — it not being hers to sell — but must return the self-same thing. | ||
{{voting rehypothecated securities}} | {{voting rehypothecated securities}} | ||