§ 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—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 […]
§ 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.)