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Home » US Law » 2022 Maine Revised Statutes » TITLE 11: UNIFORM COMMERCIAL CODE » Article 9-A: TRANSACTIONS » Part 3: PERFECTION AND PRIORITY » Subpart 2: PERFECTION » 11 §9-1310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply

§9-1310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply

(1).  Except as otherwise provided in subsection (2) and section 9‑1312, subsection (2), a financing statement must be filed to perfect all security interests and agricultural liens.  

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(2).  The filing of a financing statement is not necessary to perfect a security interest:  

(a). That is perfected under section 9‑1308, subsection (4), (5), (6) or (7);   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(b). That is perfected under section 9‑1309 when it attaches;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(c). In property subject to a statute, regulation or treaty described in section 9‑1311, subsection (1);   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(d). In goods in possession of a bailee that is perfected under section 9‑1312, subsection (4), paragraph (a) or (b);   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(e). In certificated securities, documents, goods or instruments that is perfected without filing, control or possession under section 9‑1312, subsection (5), (6) or (7);   [PL 2009, c. 324, Pt. B, §35 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]

(f). In collateral in the secured party’s possession under section 9‑1313;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(g). In a certificated security that is perfected by delivery of the security certificate to the secured party under section 9‑1313;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(h). In deposit accounts, electronic chattel paper, electronic documents, investment property or letter-of-credit rights that is perfected by control under section 9‑1314;   [PL 2009, c. 324, Pt. B, §36 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]

(i). In proceeds that is perfected under section 9‑1315; or   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

(j). That is perfected under section 9‑1316.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] [PL 2009, c. 324, Pt. B, §§35, 36 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]

(3).  If a secured party assigns a perfected security interest or agricultural lien, a filing under this Article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.  

[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]

SECTION HISTORY

PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF). PL 2009, c. 324, Pt. B, §§35, 36 (AMD). PL 2009, c. 324, Pt. B, §48 (AFF).