granting of security

Coupled with these, the granting of security by a company is subject to the law relating to corporate capacity and director's duties.

However, there are sufficiently unique features associated with the granting of security by a company that justify it being treated as a separate topic.

Also, it facilitates the granting of security over assets which in the normal course of a company's business are circulating, for example, stock in trade.

National Agency Check with Law and Credit (NACLC) is a type of background check required in the United States for granting of security clearances.

The law relating to perfection of security interests by taking of possession can sometimes be confused with the law relating to the granting of security interests, which provides that the deposit of certain assets (usually documents of title) can amount to an equitable mortgage of the goods.