§ 9—808. Person entitled to file initial financing statement or continuation statement
§ 9—808. Person entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement pursuant to the provisions of this section if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under this section: (A) to continue the effectiveness […]
§ 9—809. Priority
§ 9—809. Priority The Act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the Act takes effect, Article 9 of this title, as it existed before amendment by the Act, determines priority. (Added 2013, No. 157 (Adj. Sess.), § 1.)
§ 9—625. Remedies for secured party’s failure to comply with article
§ 9—625. Remedies for secured party’s failure to comply with article (a) If it is established that a secured party is not proceeding in accordance with this article, a court may order or restrain collection, enforcement, or disposition of collateral on appropriate terms and conditions. (b) Subject to subsections (c), (d), and (f) of this […]
§ 9—626. Action in which deficiency or surplus is in issue
§ 9—626. Action in which deficiency or surplus is in issue (a) 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: (1) A secured party need not prove compliance with the provisions of this part relating […]
§ 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 […]