§ 9—801. Effective date
§ 9—801. Effective date 2014 Acts and Resolves No. 157, adopting the 2010 Uniform Commercial Code amendments promulgated by the National Conference of Commissioners on Uniform State Laws, referred to in this part as “the Act,” takes effect on July 1, 2014. (Added 2013, No. 157 (Adj. Sess.), § 1.)
§ 9—802. Savings clause
§ 9—802. Savings clause (a) Except as otherwise provided in this part, the provisions of the Act apply to a transaction or lien within its scope, even if the transaction or lien was entered into or created before the Act takes effect. (b) The provisions of the Act do not affect an action, case, or […]
§ 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 […]