§ 9-333. Priority of certain liens arising by operating of law
(a) “Possessory lien.” In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien: (1) which secures payment or performance of an obligation for services or materials furnished with respect to goods by a person in the ordinary course of the person’s business; (2) which is created by statute […]
§ 9-334. Priority of security interests in fixtures and crops
(a) Security interest in fixtures under this article. A security interest under this article may be created in goods that are fixtures or may continue in goods that become fixtures. A security interest does not exist under this article in ordinary building materials incorporated into an improvement on land. (b) Security interest in fixtures under […]
§ 9-335. Accessions
(a) Creation of security interest in accession. A security interest may be created in an accession and continues in collateral that becomes an accession. (b) Perfection of security interest. If a security interest is perfected when the collateral becomes an accession, the security interest remains perfected in the collateral. (c) Priority of security interest. Except […]
§ 9-336. Commingled goods
(a) “Commingled goods.” In this section, “commingled goods” means goods that are physically united with other goods in such a manner that their identity is lost in a product or mass. (b) No security interest in commingled goods as such. A security interest does not exist in commingled goods as such. However, a security interest […]
§ 9-327. Priority of security interests in deposit account
The following rules govern priority among conflicting security interests in the same deposit account: (1) A security interest held by a secured party having control of the deposit account under § 9–104 has priority over a conflicting security interest held by a secured party that does not have control. (2) Except as otherwise provided in […]
§ 9-328. Priority of security interests in investment property
The following rules govern priority among conflicting security interests in the same investment property: (1) A security interest held by a secured party having control of investment property under § 9–106 has priority over a security interest held by a secured party that does not have control of the investment property. (2) Except as otherwise […]
§ 9-329. Priority of security interests in letter-of-credit right
The following rules govern priority among conflicting security interests in the same letter-of-credit right: (1) A security interest held by a secured party having control of the letter-of-credit right under § 9–107 has priority to the extent of its control over a conflicting security interest held by a secured party that does not have control. […]
§ 9-330. Priority of purchases of chattel paper or instrument
(a) Purchaser’s priority: security interest claimed merely as proceeds. A purchaser of chattel paper has priority over a security interest in the chattel paper which is claimed merely as proceeds of inventory subject to a security interest if: (1) in good faith and in the ordinary course of the purchaser’s business, the purchaser gives new […]
§ 9-331. Priority of rights of purchases of instruments, documents and securities under other articles; priority of interests in financial assets and security entitlements under Article 8
(a) Rights under Articles 3, 7, and 8 not limited. This article does not limit the rights of a holder in due course of a negotiable instrument, a holder to which a negotiable document of title has been duly negotiated, or a protected purchaser of a security. These holders or purchasers take priority over an […]
§ 9-322. Priorities among conflicting security interests in and agricultural liens on same collateral
(a) General priority rules. Except as otherwise provided in this section, priority among conflicting security interests and agricultural liens in the same collateral is determined according to the following rules: (1) Conflicting perfected security interests and agricultural liens rank according to priority in time of filing or perfection. Priority dates from the earlier of the […]