§ 9—804. Security interest unperfected before effective date
§ 9—804. Security interest unperfected before effective date A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest: (1) without further action, when the Act takes effect if the applicable requirements for perfection under Article 9 of this title, as amended by the Act, are […]
§ 9—805. Effectiveness of action taken before effective date
§ 9—805. Effectiveness of action taken before effective date (a) The filing of a financing statement before the Act takes effect is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under Article 9 of this title, as amended by the Act. (b) The Act does […]
§ 9—627. Determination of whether conduct was commercially reasonable
§ 9—627. Determination of whether conduct was commercially reasonable (a) 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 […]
§ 9—628. Nonliability and limitation on liability of secured party; liability of secondary obligor
§ 9—628. Nonliability and limitation on liability of secured party; liability of secondary obligor (a) 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 party is not liable to the person, or to a […]
§ 9—701. Effective date
§ 9—701. Effective date Act No. 106 of 2000, repealing and reenacting Article 9 of 9A V.S.A., takes effect on July 1, 2001. (Added 2001, No. 46, § 12.)
§ 9—702. Savings clause
§ 9—702. Savings clause (a) Except as otherwise provided in this part, the provisions of this article which take effect on July 1, 2001 apply to a transaction or lien within the scope of such provisions, even if the transaction or lien was entered into or created before July 1, 2001. (b) Except as otherwise […]
§ 9—703. Security interest perfected before effective date
§ 9—703. Security interest perfected before effective date (a) 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 this article as in effect on and after July 1, 2001, […]
§ 9—704. Security interest unperfected before effective date
§ 9—704. Security interest unperfected before effective date A security interest that is enforceable immediately before July 1, 2001 but would be subordinate to the rights of a person that becomes a lien creditor at that time: (1) remains an enforceable security interest until June 30, 2002; (2) remains enforceable thereafter if the security interest […]
§ 9—705. Effectiveness of action taken before effective date
§ 9—705. Effectiveness of action taken before effective date (a) 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 creditor, had the security interest become enforceable […]
§ 9—706. When initial financing statement suffices as continuation statement
§ 9—706. When initial financing statement suffices as continuation statement (a) The filing of an initial financing statement in the office specified in section 9—501 of this title as in effect on and after July 1, 2001, continues the effectiveness of a financing statement filed before July 1, 2001 for the period provided in section […]