A Study of the Validity of the Concurrence of Secunriy Interest

The concurrence of the hypothecation,pledge and lien often happens,but Chinese law doesn't have a unifited regulation concerning the validity of the conturrence. To ensure that validity needs certain measures of value, such as priority of legal interest,priority of the total guarantee's interest and notification priority. The designation of concurrence validity module should be based on a unified measure of value. There are differences between the realizations of security interest petition and debe petition.