US Lawyer Database

§46-9-809. Priority

This article determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the amendments to this article during the 2012 Regular Legislative Session take effect, this article, as it existed before the 2012 amendments determines priority.

§46-9-626. Action in Which Deficiency or Surplus Is in Issue

(a) Applicable rules if amount of deficiency or surplus in issue. 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 to […]

§46-9-805. Effectiveness of Action Taken Before Effective Date

(a) Preeffective-date filing effective. — The filing of a financing statement before the amendments to this article during the 2012 Regular Legislative Session take effect is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this article as amended during the 2012 Regular Legislative Session. […]

§46-9-627. 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 not of itself sufficient to preclude the secured party […]

§46-9-807. Amendment of Preeffective-Date Financing Statement

(a) "Preeffective-date financing statement". — In this section, "preeffective-date financing statement" means a financing statement filed before the amendments to this article during the 2012 Regular Legislative Session take effect. (b) Applicable law. — After the amendments to this article during the 2012 Regular Legislative Session take effect, a person may add or delete collateral […]

§46-9-702. Savings Clause

(a) Pre-effective-date transactions or liens. Except as otherwise provided in this part, this article applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before this article takes effect. (b) Continuing validity. Except as otherwise provided in subsection (c) of this section and sections 9-703 […]