The Evolution of the Personal Property Registry: Centralization, Computerization, Privatization and Beyond
AbstractThis article traces the evolution of the personal property registry in Alberta from the decentralized regime of the chattel security registry which was present prior to 1922, through the establishment of the centralized Corporate Mortgage Registry, Vehicle Registry and Central Registry, up to the present-day Personal Property Registry. Technological advances in computers and telecommunications, coupled with the prospective thinking of legislators, enabled the registry system to lead the way with innovative and efficient modes of registration and searching procedures. However, now that some registry services have been privatized, the author questions whether the impetus to continue providing improvements in the registry system have disappeared.
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