US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

§ 11-9-309. Security Interest Perfected Upon Attachment

The following security interests are perfected when they attach: A purchase money security interest in consumer goods, except as otherwise provided in subsection (b) of Code Section 11-9-311 with respect to consumer goods that are subject to a statute or treaty described in subsection (a) of Code Section 11-9-311; An assignment of accounts or payment […]

§ 11-9-310. When Filing Required to Perfect Security Interest or Agricultural Lien; Security Interests and Agricultural Liens to Which Filing Provisions Do Not Apply

General rule; perfection by filing.    Except as otherwise provided in subsection (b) of this Code section and subsection (b) of Code Section 11-9-312, a financing statement must be filed to perfect all security interests and agricultural liens. Exceptions; filing not necessary.    The filing of a financing statement is not necessary to perfect a […]

§ 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 […]

§ 11-9-314. 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; […]