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 §9-1409. Restrictions on assignment of letter-of-credit rights ineffective
§9-1409. Restrictions on assignment of letter-of-credit rights ineffective (1). A term in a letter of credit or a rule of law, statute, regulation, custom or practice applicable to the letter of credit that prohibits, restricts or requires the consent of an applicant, issuer or nominated person to a beneficiary’s assignment of or creation of a […]
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. […]
11 §9-1342. Bank’s right to refuse to enter into or disclose existence of control agreement
§9-1342. Bank’s right to refuse to enter into or disclose existence of control agreement This Article does not require a bank to enter into an agreement of the kind described in section 9-1104, subsection (1), paragraph (b), even if its customer so requests or directs. A bank that has entered into such an agreement is […]
11 §9-1401. Alienability of debtor’s rights
§9-1401. Alienability of debtor’s rights (1). Except as otherwise provided in subsection (2) and sections 9‑1406, 9‑1407, 9‑1408 and 9‑1409, whether a debtor’s rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this Article. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, […]