General PPSA Oddities

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Statutes

" 17. Despite paragraph 2 of subsection 16 (4), if a corporation has an English form of name and a French form of name,
(a) the English form of the name shall be set out on the appropriate line for the name of a business debtor; and
(b) the French form of the name shall be set out on another appropriate line for the name of a business debtor. R.R.O. 1990, Reg. 912, s. 17.

A financing statement that is tendered for registration with respect to the following matters shall be designated as a caution filing and shall set out the information required by section 3 except that the date of birth of a natural person need not be set out:

  1. Collateral that is intended to be brought into Ontario and that is subject to a security interest in another jurisdiction.
  2. Collateral that is brought into Ontario and that is subject to a security interest in another jurisdiction at the time that it is brought into Ontario.
  3. Goods that are brought into Ontario and that are subject to the seller’s right to revendicate or to resume possession of the goods. R.R.O. 1990, Reg. 912, s. 4.

Cases

Comments

None.

Contributors

Jonathan E. Fleisher
Cassels Brock & Blackwell LLP

The statutory information was edited and reviewed with the support of MultiState

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