To be valid, a security agreement must set forth the creditor's rights on the debtor's default.

Name: To be valid, a security agreement must set forth the creditor's rights on the debtor's default.
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A security agreement must include specific provisions related to the creditor's rights and remedies in the event of default by the debtor. This is necessary to ensure that the agreement is legally binding and enforceable.

To Be Valid, a Security Agreement Must Set Forth the Creditor's