US Lawyer Database

§ 11-9-301. Law Governing Perfection and Priority of Security Interests

Except as otherwise provided in Code Sections 11-9-303 through 11-9-306, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral: Except as otherwise provided in this Code section, while a debtor is located in a jurisdiction, the local law of that jurisdiction […]

§ 11-9-101. Short Title

This article may be cited as “Uniform Commercial Code — Secured Transactions.” History. Code 1981, § 11-9-101 , enacted by Ga. L. 2001, p. 362, § 1. Law reviews. For comment, “Electronic Self-Help Repossession and You: A Computer Software Vendor’s Guide to Staying Out of Jail,” see 48 Emory L.J. 1477 (1999).

§ 11-9-102. Definitions and Index of Definitions

Article 9 definitions.    As used in this article, the term: “Accession” means goods that are physically united with other goods in such a manner that the identity of the original goods is not lost. “Account,” except as used in “account for,” means a right to payment of a monetary obligation, whether or not earned […]

§ 11-9-104. Control of Deposit Account

Requirements for control.    A secured party has control of a deposit account if: The secured party is the bank with which the deposit account is maintained; The debtor, secured party, and bank have agreed in an authenticated record that the bank will comply with instructions originated by the secured party directing disposition of the […]

§ 11-9-105. Control of Electronic Chattel Paper

General rule; control of electronic chattel paper.    A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper reliably establishes the secured party as the person to which the chattel paper was assigned. Specific facts giving control.    A system satisfies the […]

§ 11-9-106. Control of Investment Property

Control under Code Section 11-8-106.    A person has control of a certificated security, uncertificated security, or security entitlement as provided in Code Section 11-8-106. Control of commodity contract.    A secured party has control of a commodity contract if: The secured party is the commodity intermediary with which the commodity contract is carried; or […]