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.
1. Museo Guggenheim, Spain. Some critics might argue that Frank Gehry's Museo Guggenheim in the northern Spanish city of Bilbao, opened in 1997, looks as though it's been taken to by a can-opener, but this is one of the most influential and striking buildings in modern architecture.
(Itâs Chinaâs seventh-largest city by population, and lacks the name recognition of Beijing, Shanghai, and Guangzhou.) Still, I wanted to know: Why? Building the largest free-standing structure in the world is impressive, but not quite as inspiring as building the tallest. Itâs like setting the world record for fastest 100-meter power walk. Then again, of course the largest building in the world is now Chinese; itâs strange that it wasnât before.