Under the Movables Security Law a variety of movables, whether existing or future physical assets or moral rights, can be used as collateral.
Banks in developing countries are usually reluctant to accept movable assets as collateral due to the inadequate legal and regulatory environment in which banks and firms co-exist.
Any party, who has a legitimate interest on the movable property may object to the registration before summary courts.
Overall, studies have shown that introducing collateral registries for movable assets increases firms' access to banking finance.
Within the New York City Department of Transportation's (NYCDOT) inventory of more than 2,000 bridges are 25 movable spans that serve a critical role, accommodating more than 1 million daily vehicle crossings.
To address the structural, mechanical, and electrical needs of its movable bridges, New York City has implemented an aggressive reconstruction and rehabilitation program.
Federal highway bridge funds are important to the successful rehabilitation and replacement of the city's movable bridges.
"The extension of the city's East River Bridges preventive maintenance plans to the movable bridges was a logical next step," says FHWA's Hart.
Dinstein argues that oil in a natural underground reservoir might constitute a movable
property as does oil in an artificial container located above ground.
I downloaded the software and was amazed at how simple dialing in a movable sight could actually be.
You first print a number scale that you then attach to your movable sight.
When using a sight with multiple pins (movable or not), you can then use the program to gap your remaining pins.