General personal property security requirements

Primary source

Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.

Full Text

The same personal property may be pledged as security for more than one direct or guaranteed loan.

[72 FR 63298, Nov. 8, 2007, as amended at 91 FR 56755, Sept. 4, 2026]

eCFR data current as of: November 6, 2026

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.