Section 336.9-335 — Accessions.
336.9-335 ACCESSIONS. (a) Creation of security interest in accession. A security interest may be created in an accession and continues in collateral that becomes an accession. (b) Perfection of security interest. If a security interest is perfected when the collateral becomes an accession, the security interest remains perfected in the collateral. (c) Priority of security […]
Section 336.9-336 — Commingled Goods.
336.9-336 COMMINGLED GOODS. (a) Commingled goods. 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. (b) No security interest in commingled goods as such. A security interest does not exist in commingled goods as such. However, […]
Section 336.9-337 — Priority Of Security Interests In Goods Covered By Certificate Of Title.
336.9-337 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 […]
Section 336.9-338 — Priority Of Security Interest Or Agricultural Lien Perfected By Filed Financing Statement Providing Certain Incorrect Information.
336.9-338 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 336.9-516(b)(5) which is incorrect at the time the financing statement is filed: (1) the security interest or agricultural lien […]
Section 336.9-339 — Priority Subject To Subordination.
336.9-339 PRIORITY SUBJECT TO SUBORDINATION. This article does not preclude subordination by agreement by a person entitled to priority. History: 2000 c 399 art 1 s 59
Section 336.9-332 — Transfer Of Money; Transfer Of Funds From Deposit Account.
336.9-332 TRANSFER OF MONEY; TRANSFER OF FUNDS FROM DEPOSIT ACCOUNT. (a) Transferee of money. 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. (b) Transferee of funds from deposit account. A transferee of funds from […]
Section 336.9-333 — Priority Of Certain Liens Arising By Operation Of Law.
336.9-333 PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW. (a) Possessory lien. In this section, “possessory lien” means an interest, other than a security interest or an agricultural lien: (1) which secures payment or performance of an obligation for services or materials furnished with respect to goods by a person in the ordinary course […]
Section 336.9-334 — Priority Of Security Interests In Fixtures And Crops.
336.9-334 PRIORITY OF SECURITY INTERESTS IN FIXTURES AND CROPS. (a) Security interest in fixtures under this article. 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 […]
Section 336.9-322 — Priorities Among Conflicting Security Interests In And Agricultural Liens On Same Collateral.
336.9-322 PRIORITIES AMONG CONFLICTING SECURITY INTERESTS IN AND AGRICULTURAL LIENS ON SAME COLLATERAL. (a) General priority rules. Except as otherwise provided in this section, priority among conflicting security interests and agricultural liens in the same collateral is determined according to the following rules: (1) Conflicting perfected security interests and agricultural liens rank according to priority […]
Section 336.9-323 — Future Advances.
336.9-323 FUTURE ADVANCES. (a) When priority based on time of advance. Except as otherwise provided in subsection (c), for purposes of determining the priority of a perfected security interest under section 336.9-322(a)(1), perfection of the security interest dates from the time an advance is made to the extent that the security interest secures an advance […]