US Lawyer Database

490:9-708 Persons entitled to file initial financing statement or continuation statement.

§490:9-708 Persons entitled to file initial financing statement or continuation statement. A person may file an initial financing statement or a continuation statement under this part if: (1) The secured party of record authorizes the filing; and (2) The filing is necessary under this part: (A) To continue the effectiveness of a financing statement filed […]

490:9-709 Priority.

§490:9-709 Priority. (a) This article determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this article takes effect, the former article 9 determines priority. (b) For purposes of section 490:9-322(a), the priority of a security interest that becomes enforceable under section 490:9-203 of this article […]

490:9-704 Security interest unperfected before effective date.

§490:9-704 Security interest unperfected before effective date. A security interest that is enforceable immediately before this article takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time: (1) Remains an enforceable security interest for one year after this article takes effect; (2) Remains enforceable […]

490:9-705 Effectiveness of action taken before effective date.

§490:9-705 Effectiveness of action taken before effective date. (a) If action, other than the filing of a financing statement, is taken before this article takes effect and the action would have resulted in priority of a security interest over the rights of a person that becomes a lien creditor had the security interest become enforceable […]

490:9-707 Amendment of pre-effective-date financing statement.

§490:9-707 Amendment of pre-effective-date financing statement. (a) In this section, “pre-effective-date financing statement” means a financing statement filed before this article takes effect. (b) After this article takes effect, a person may add or delete collateral covered by, continue, or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement […]

490:9-702 Savings clause.

§490:9-702 Savings clause. (a) Except as otherwise provided in this part, this article applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before this article takes effect. (b) Except as otherwise provided in subsection (c) and sections 490:9-703 through 490:9-709: (1) Transactions and liens […]

490:9-703 Security interest perfected before effective date.

§490:9-703 Security interest perfected before effective date. (a) A security interest that is enforceable immediately before this article takes effect and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under this article if, when this article takes effect, the applicable requirements […]