§ 11-9-311. Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties
Security interest subject to other law. Except as otherwise provided in subsection (d) of this Code section, the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to: A statute, regulation, or treaty of the United States whose requirements for a security interest’s obtaining priority […]
§ 11-9-312. Perfection of Security Interests in Chattel Paper, Deposit Accounts, Documents, Goods Covered by Documents, Instruments, Investment Property, Letter of Credit Rights, and Money; Perfection by Permissive Filing; Temporary Perfection Without Filing or Transfer of Possession
Perfection by filing permitted. A security interest in chattel paper, negotiable documents, instruments, or investment property may be perfected by filing. Control or possession of certain collateral. Except as otherwise provided in subsections (c) and (d) of Code Section 11-9-315 for proceeds: A security interest in a deposit account may be perfected only […]
§ 11-9-313. When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing
Perfection by possession or delivery. Except as otherwise provided in subsection (b) of this Code section, a secured party may perfect a security interest in tangible negotiable documents, goods, instruments, money, or tangible chattel paper by taking possession of the collateral. A secured party may perfect a security interest in certificated securities by taking […]
§ 11-9-314. Perfection by Control
Perfection by control. A security interest in investment property, deposit accounts, letter of credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under Code Section 11-7-106, 11-9-104, 11-9-105, 11-9-106, or 11-9-107. Specified collateral; time of perfection by control; continuation of perfection. A security interest in deposit […]
§ 11-9-315. Secured Party’s Rights on Disposition of Collateral and in Proceeds
Disposition of collateral; continuation of security interest or agricultural lien; proceeds. Except as otherwise provided in this article and in subsection (2) of Code Section 11-2-403: A security interest or agricultural lien continues in collateral notwithstanding sale, lease, license, exchange, or other disposition thereof unless the secured party authorized the disposition free of the […]
§ 11-9-316. Effect of Change in Governing Law
General rule; effect on perfection of change in governing law. A security interest perfected pursuant to the law of the jurisdiction designated in paragraph (1) of Code Section 11-9-301 or subsection (c) of Code Section 11-9-305 remains perfected until the earliest of: The time perfection would have ceased under the law of that jurisdiction; […]
§ 11-9-317. Interests That Take Priority Over or Take Free of Security Interest or Agricultural Lien
Conflicting security interests and rights of lien creditors. A security interest or agricultural lien is subordinate to the rights of: A person entitled to priority under Code Section 11-9-322; and Except as otherwise provided in subsection (e) of this Code section, a person that becomes a lien creditor before the earlier of the time: […]
§ 11-9-302. Law Governing Perfection and Priority of Agricultural Liens
While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products. History. Code 1981, § 11-9-302 , enacted by Ga. L. 2001, p. 362, § 1.
§ 11-9-303. Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title
Applicability of Code section. This Code section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goods are covered and the goods or the debtor. When goods covered by certificate of title. Goods become covered by a […]
§ 11-9-304. Law Governing Perfection and Priority of Security Interests in Deposit Accounts
Law of bank’s jurisdiction governs. The local law of a bank’s jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank. Bank’s jurisdiction. The following rules determine a bank’s jurisdiction for purposes of this part: If an agreement between […]