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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The tallest building in the world that is completely finished is the Taipei 101 in Taiwan. It reaches a height of 1,671 ft and has 101 floors (stories). But the tallest buildi â¦ ng that is yet complete is the Burj Dubai in the city of Dubai in the country of the United Arab Emirates.