Under what conditions may a secured party remove an accession?

Prepare for the Georgia Secured Transactions Test with comprehensive flashcards and multiple choice questions. Understand every concept with detailed hints and explanations. Ace your exam!

A secured party can remove an accession when they hold a security interest in the accession that has priority over the owner's rights in the whole. This means that if the secured party's interest in the accession is superior, they are entitled to remove it regardless of the owner's preferences. The law supports secured parties in recovering their collateral to satisfy debts, provided their interest is prioritized above any other claims.

In general, an accession refers to an item that is added to or becomes part of another item (the whole). When a secured party has a priority interest, it enables them to act on that interest more assertively, which includes the ability to remove the accession despite any attachment it may have to the whole.

The other conditions presented, such as the value of the accession, damage to the whole, or needing permission from the owner, do not adequately meet the legal standards for a secured party to remove an accession. The priority of the security interest is fundamental because it reflects the secured party's legal right to the asset in question.

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