26-1-9.1-804. Effectiveness of Action Taken Before July 1, 2013
Sec. 804. (a) The filing of a financing statement before the amendments to this chapter made by P.L.54-2011 take effect (July 1, 2013) is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter, as amended by P.L.54-2011. (b) The amendments to this chapter […]
26-1-9.1-805. When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement
Sec. 805. (a) The filing of an initial financing statement in the office specified in IC 26-1-9.1-501 continues the effectiveness of a financing statement filed before the amendments to this chapter made by P.L.54-2011 take effect (July 1, 2013) if: (1) the filing of an initial financing statement in that office would be effective to […]
26-1-9.1-806. Amendment of Financing Statement Filed Before July 1, 2013
Sec. 806. (a) In this section, “pre-effective-date financing statement” means a financing statement filed before the amendments to this chapter made by P.L.54-2011 take effect (July 1, 2013). (b) After the amendments to this chapter made by P.L.54-2011 take effect (July 1, 2013), a person may add or delete collateral covered by, continue or terminate […]
26-1-9.1-807. Person Entitled to File Initial Financing Statement or Continuation Statement
Sec. 807. A person may file an initial financing statement or a continuation statement under this chapter if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under this chapter: (A) to continue the effectiveness of a financing statement filed before the amendments to this chapter made by P.L.54-2011 […]
26-1-9.1-808. Priority
Sec. 808. The amendments to this chapter made by P.L.54-2011 determine the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the amendments to this chapter made by P.L.54-2011 take effect (July 1, 2013), this chapter, as it existed before amendments to this chapter made by P.L.54-2011, […]
26-1-9.1-901. Refusal to Accept Financing Statements; Fraudulent Financing Statements; No Duty to Inspect Financing Statements
Sec. 901. (a) If a person presents a financing statement to the secretary of state for filing or recording, the secretary of state may refuse to accept the financing statement for filing or recording if: (1) the financing statement is not required or authorized to be filed or recorded with the secretary of state; or […]
26-1-9.1-902. Judicial Reviews of Financing Statements; Pro Se Motions
Sec. 902. (a) A person who believes that a financing statement is fraudulent under section 901 of this chapter may file a motion for judicial review of the financing statement. (b) If a court determines that a financing statement is fraudulent, the court may: (1) award the prevailing party all costs related to the review, […]
26-1-9.1-621. Notification of Proposal to Accept Collateral
Sec. 621. (a) A secured party that desires to accept collateral in full or partial satisfaction of the obligation it secures shall send its proposal to: (1) any person from which the secured party has received, before the debtor consented to the acceptance, an authenticated notification of a claim of an interest in the collateral; […]
26-1-9.1-709. Priority
Sec. 709. (a) IC 26-1-9, before its repeal, determines the priority of conflicting claims to collateral if the relative priorities of the claims were established before IC 26-1-9.1 takes effect. In other cases, IC 26-1-9.1 determines priority. (b) For purposes of IC 26-1-9.1-322(a), the priority of a security interest that becomes enforceable under IC 26-1-9.1-203 […]
26-1-9.1-622. Effect of Acceptance of Collateral
Sec. 622. (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 agricultural lien that is […]