On May 16, 2019, British Columbia proclaimed into force
amendments to the conflict of laws rules in the Personal Property Security
Act (the "PPSA"). Effective June 1,
2019, British Columbia also amended the PPSA rules for
determining the location of a debtor.
These amendments clarify the laws secured parties will need to
consider when perfecting security interests, particularly in
regards to the location of the debtor for security agreements
involving mobile goods, intangibles, and non-possessory documentary
collateral.
This article focuses on the changes to the location of the
debtor rules. For a discussion on the effect of adding the term
"priority" into the conflict of laws sections, download
our Whitepaper using the button below.
