US Lawyer Database

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 §9-1324. Priority of purchase-money security interests

§9-1324. Priority of purchase-money security interests (1).  Except as otherwise provided in subsection (7), a perfected purchase-money security interest in goods other than inventory or livestock has priority over a conflicting security interest in the same goods, and, except as otherwise provided in section 9‑1327, a perfected security interest in its identifiable proceeds also has […]

11 §9-1324-A. Priority of production-money security interests and agricultural liens

§9-1324-A. Priority of production-money security interests and agricultural liens (1).  Except as otherwise provided in subsections (3), (4) and (5), if the requirements of subsection (2) are satisfied, a perfected production-money security interest in production-money crops has priority over a conflicting security interest in the same crops and, except as otherwise provided in section 9‑1327, […]

11 §9-1325. Priority of security interests in transferred collateral

§9-1325. Priority of security interests in transferred collateral (1).  Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:   (a). The debtor acquired the collateral subject to the security interest created by the other person; […]

11 §9-1326. Priority of security interests created by new debtor

§9-1326. Priority of security interests created by new debtor (1).  Subject to subsection (2), a security interest that is created by a new debtor is collateral in which the new debtor has or acquires rights and would be ineffective to perfect the security interest but for the application of section 9-1316, subsection (9), paragraph (a) […]

11 §9-1327. Priority of security interests in deposit account

§9-1327. Priority of security interests in deposit account The following rules govern priority among conflicting security interests in the same deposit account.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (1).  A security interest held by a secured party having control of the deposit account under […]

11 §9-1328. Priority of security interests in investment property

§9-1328. Priority of security interests in investment property The following rules govern priority among conflicting security interests in the same investment property.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (1).  A security interest held by a secured party having control of investment property under section […]

11 §9-1314. Perfection by control

§9-1314. Perfection by control (1).  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 section 7‑1106, 9‑1104, 9‑1105, 9‑1106 or 9‑1107.   [PL 2009, c. 324, Pt. B, §39 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).] (2).  […]

11 §9-1329. Priority of security interests in letter-of-credit right

§9-1329. Priority of security interests in letter-of-credit right The following rules govern priority among conflicting security interests in the same letter-of-credit right.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (1).  A security interest held by a secured party having control of the letter-of-credit right under […]