A creditor has a security interest in collateral, and becomes a secured party, if and when a security interest âattaches.â Under the UCC, a security interest generally does not attach unless three basic requirements are met. In simplest form, the requirements are that: value be given for the security interest.
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'World's largest building' opens in China. The New Century Global Centre building opens to the public in Chengdu, southwest China's Sichuan province on June 28, 2013, the latest symbol of China's economic boom. The New Century Global Centre is claimed by Chinese officials to be the world's largest standalone structure.. Though Dubai boasts the tallest building in the world, Chengdu in southwest China is now home to what Chinese officials are calling the largest building in the world..