11 §9-1332. Transfer of money; transfer of funds from deposit account
§9-1332. Transfer of money; transfer of funds from deposit account (1). A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, […]
11 §9-1333. Priority of certain liens arising by operation of law
§9-1333. Priority of certain liens arising by operation of law (1). In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien: (a). That secures payment or performance of an obligation for services or materials furnished with respect to goods by a person in the ordinary course of […]
11 §9-1334. Priority of security interests in fixtures and crops
§9-1334. Priority of security interests in fixtures and crops (1). A security interest under this Article may be created in goods that are fixtures or may continue in goods that become fixtures. A security interest does not exist under this Article in ordinary building materials incorporated into an improvement on land. [PL 1999, c. […]
11 §9-1335. Accessions
§9-1335. Accessions (1). A security interest may be created in an accession and continues in collateral that becomes an accession. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (2). If a security interest is perfected when the collateral becomes an accession, the security interest remains perfected […]
11 §9-1336. Commingled goods
§9-1336. Commingled goods (1). In this section, “commingled goods” means goods that are physically united with other goods in such a manner that their identity is lost in a product or mass. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (2). A security interest does not […]
11 §9-1337. Priority of security interests in goods covered by certificate of title
§9-1337. Priority of security interests in goods covered by certificate of title If, while a security interest in goods is perfected by any method under the law of another jurisdiction, this State issues a certificate of title that does not show that the goods are subject to the security interest or contain a statement that […]
11 §9-1338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
§9-1338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information If a security interest or agricultural lien is perfected by a filed financing statement providing information described in section 9-1516, subsection (2), paragraph (e) that is incorrect at the time the financing statement is filed: [PL 1999, […]
11 §9-1339. Priority subject to subordination
§9-1339. Priority subject to subordination This Article does not preclude subordination by agreement by a person entitled to priority. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] SECTION HISTORY PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).
11 §9-1340. Effectiveness of right of recoupment or setoff against deposit account
§9-1340. Effectiveness of right of recoupment or setoff against deposit account (1). Except as otherwise provided in subsection (3), a bank with which a deposit account is maintained may exercise any right of recoupment or setoff against a secured party that holds a security interest in the deposit account. [PL 1999, c. 699, Pt. […]
11 §9-1341. Bank’s rights and duties with respect to deposit account
§9-1341. Bank’s rights and duties with respect to deposit account Except as otherwise provided in section 9-1340, subsection (3), and unless the bank otherwise agrees in an authenticated record, a bank’s rights and duties with respect to a deposit account maintained with the bank are not terminated, suspended or modified by: [PL 1999, c. […]