§ 47-9801 – Savings clause
47-9801. Savings clause A. Except as otherwise provided in this chapter, as amended in 2014, this chapter, as amended in 2014, applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before the effective date of this section. B. This chapter, as amended in 2014, […]
§ 47-9802 – Security interest perfected before effective date
47-9802. Security interest perfected before effective date A. A security interest that is a perfected security interest immediately before the effective date of this section is a perfected security interest under this chapter, as amended in 2014, if, on the effective date of this section, the applicable requirements for attachment and perfection under this chapter, […]
§ 47-9803 – Security interest unperfected before effective date
47-9803. Security interest unperfected before effective date A security interest that is an unperfected security interest immediately before the effective date of this section becomes a perfected security interest: 1. Without further action, on the effective date of this section if the applicable requirements for perfection under this chapter, as amended in 2014, are satisfied […]
§ 47-9804 – Effectiveness of action taken before effective date
47-9804. Effectiveness of action taken before effective date A. The filing of a financing statement before the effective date of this section is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter, as amended in 2014. B. This chapter, as amended in 2014, […]
§ 47-9805 – When initial financing statement suffices to continue effectiveness of financing statement
47-9805. When initial financing statement suffices to continue effectiveness of financing statement A. The filing of an initial financing statement in the office specified in section 47-9501 continues the effectiveness of a financing statement filed before the effective date of this section if: 1. The filing of an initial financing statement in that office would […]
§ 47-9806 – Amendment of pre-effective date financing statement; definition
47-9806. Amendment of pre-effective date financing statement; definition A. In this section, " pre-effective date financing statement" means a financing statement filed before the effective date of this section. B. Beginning on the effective date of this section, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise […]
§ 47-9807 – Person entitled to file initial financing statement or continuation statement
47-9807. Person entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement under this article if: 1. The secured party of record authorizes the filing; and 2. The filing is necessary under this article: (a) To continue the effectiveness of a financing statement filed […]
§ 47-9808 – Priority
47-9808. Priority This chapter, as amended in 2014, determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the effective date of this section, this chapter, as added in 1999, determines priority.
§ 47-9709 – Priority
47-9709. Priority A. This chapter, as added in 1999, determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, chapter 9 of this title as it existed before July 1, 2001 determines priority. B. For purposes of section 47-9322, subsection A, the priority […]
§ 47-9622 – Effect of acceptance of collateral
47-9622. Effect of acceptance of collateral A. A secured party’s acceptance of collateral in full or partial satisfaction of the obligation it secures: 1. Discharges the obligation to the extent consented to by the debtor; 2. Transfers to the secured party all of a debtor’s rights in the collateral; 3. Discharges the security interest or […]