93 C.R. - Q. 42

Although specific references made in the definition to the reduction in a liability to a mortgagee, this provision is not all-inclusive and a security arrangement containing provisions regarding the power to sell property that are similar to those found in mortgages will be treated in the same fashion.

Although specific references are made in the definition to the reduction in a liability to a mortgagee, this provision is not all-inclusive and a security arrangement containing provisions regarding the power to sell property that are similar to those found in mortgages will be treated in the same fashion.