11 §10-104. Transition provision on change of requirement of filing
§10-104. Transition provision on change of requirement of filing A security interest for the perfection of which filing or the taking of possession was required under the old code and which attached prior to the effective date of public law, 1977, chapter 526, but was not perfected shall be deemed perfected on the effective date […]
11 §9-1626. Action in which deficiency or surplus is in issue
§9-1626. Action in which deficiency or surplus is in issue (1). In an action arising from a transaction, other than a consumer transaction, in which the amount of a deficiency or surplus is in issue, the following rules apply. (a). A secured party need not prove compliance with the provisions of this part relating […]
11 §9-1627. Determination of whether conduct was commercially reasonable
§9-1627. Determination of whether conduct was commercially reasonable (1). The fact that a greater amount could have been obtained by a collection, enforcement, disposition or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that […]
11 §9-1628. Nonliability and limitation on liability of secured party; liability of secondary obligor
§9-1628. Nonliability and limitation on liability of secured party; liability of secondary obligor (1). Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person and knows how to communicate with the person: (a). The secured party is not liable to the person or to a […]
11 §9-1701. Effective date
§9-1701. Effective date This Article takes effect on July 1, 2001. [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 §9-1702. Savings clause
§9-1702. Savings clause (1). 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. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] […]
11 §9-1615. Application of proceeds of disposition; liability for deficiency and right to surplus
§9-1615. Application of proceeds of disposition; liability for deficiency and right to surplus (1). A secured party shall apply or pay over for application the cash proceeds of disposition under section 9-1610 in the following order to: (a). The reasonable expenses of retaking, holding, preparing for disposition, processing and disposing and, to the extent […]
11 §9-1703. Security interest perfected before effective date
§9-1703. Security interest perfected before effective date (1). 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 […]
11 §9-1616. Explanation of calculation of surplus or deficiency
§9-1616. Explanation of calculation of surplus or deficiency (1). In this section: (a). “Explanation” means a writing that: (i) States the amount of the surplus or deficiency; (ii) Provides an explanation in accordance with subsection (3) of how the secured party calculated the surplus or deficiency; (iii) States, if applicable, that […]
11 §9-1704. Security interest unperfected before effective date
§9-1704. 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: [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] […]