62A.9A-627 – Determination of whether conduct was commercially reasonable.
RCW 62A.9A-627 Determination of whether conduct was commercially reasonable. (a) Greater amount obtainable under other circumstances; no preclusion of commercial reasonableness. 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 […]
62A.9A-628 – Nonliability and limitation on liability of secured party; liability of secondary obligor.
RCW 62A.9A-628 Nonliability and limitation on liability of secured party; liability of secondary obligor. (a) Limitation of liability of secured party for noncompliance with article. 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: (1) The secured […]
62A.9A-701 – Effective date—2000 c 250.
RCW 62A.9A-701 Effective date—2000 c 250. This act takes effect July 1, 2001. [2000 c 250 § 9A-701.]
62A.9A-702 – Savings clause.
RCW 62A.9A-702 Savings clause. (a) Preeffective-date transactions or liens. Except as otherwise provided in this section, Article 62A.9A RCW applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2001. (b) Continuing validity. Except as otherwise provided in subsection (c) of this […]
62A.9A-703 – Security interest perfected before effective date.
RCW 62A.9A-703 Security interest perfected before effective date. (a) Continuing priority over lien creditor: Perfection requirements satisfied. A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under Article 62A.9A RCW […]
62A.9A-704 – Security interest unperfected before effective date.
RCW 62A.9A-704 Security interest unperfected before effective date. A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time: (1) Remains an enforceable security interest for one year after July 1, 2001; (2) Remains enforceable thereafter […]
62A.9A-705 – Effectiveness of action taken before effective date.
RCW 62A.9A-705 Effectiveness of action taken before effective date. (a) Preeffective-date action; one-year perfection period unless reperfected. If action, other than the filing of a financing statement, is taken before July 1, 2001, and the action would have resulted in priority of a security interest over the rights of a person that becomes a lien […]
62A.9A-618 – Rights and duties of certain secondary obligors.
RCW 62A.9A-618 Rights and duties of certain secondary obligors. (a) Rights and duties of secondary obligor. A secondary obligor acquires the rights and becomes obligated to perform the duties of the secured party after the secondary obligor: (1) Receives an assignment of a secured obligation from the secured party; (2) Receives a transfer of collateral […]
62A.9A-619 – Transfer of record or legal title.
RCW 62A.9A-619 Transfer of record or legal title. (a) “Transfer statement.” In this section, “transfer statement” means a record authenticated by a secured party stating: (1) That the debtor has defaulted in connection with an obligation secured by specified collateral; (2) That the secured party has exercised its post-default remedies with respect to the collateral; […]
62A.9A-620 – Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
RCW 62A.9A-620 Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral. (a) Conditions to acceptance in satisfaction. A secured party may accept collateral in full or partial satisfaction of the obligation it secures only if: (1) The debtor consents to the acceptance under subsection (c) of this section; (2) The […]