Taking Security Over Movable Property in Kenya: The MPSR Act Explained
Lenders can no longer rely solely on land titles. Since the Movable Property Security Rights Act 2017 (MPSRA), Kenyan borrowers can pledge stock, equipment, receivables, and even intellectual property as collateral, provided the security right is properly created, registered, and enforced. What is a security right under the MPSRA? A security right is a property … Read more