Chapter 45.29. - SECURED TRANSACTIONS
- Article 01 - GENERAL PROVISIONS
- Sec. 45.29.101. - Short title.
- Sec. 45.29.102. - Definitions.
- Sec. 45.29.103. - Purchase money security interest; application of payments; burden of establishing.
- Sec. 45.29.104. - Control of deposit account.
- Sec. 45.29.105. - Control of electronic chattel paper.
- Sec. 45.29.106. - Control of investment property.
- Sec. 45.29.107. - Control of letter-of-credit right.
- Sec. 45.29.108. - Sufficiency of description.
- Sec. 45.29.109. - Scope.
- Sec. 45.29.110. - Security interests arising under AS 45.02 or AS 45.12.
- Article 02 - SECURITY AGREEMENTS; SECURITY INTERESTS
- Sec. 45.29.201. - General effectiveness of security agreement.
- Sec. 45.29.202. - Title to collateral immaterial.
- Sec. 45.29.203. - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
- Sec. 45.29.204. - After-acquired property; future advances.
- Sec. 45.29.205. - Use or disposition of collateral permissible.
- Sec. 45.29.206. - Security interest arising in purchase or delivery of financial asset.
- Sec. 45.29.207. - Rights and duties of secured party having possession or control of collateral.
- Sec. 45.29.208. - Additional duties of secured party having control of collateral.
- Sec. 45.29.209. - Duties of secured party if account debtor has been notified of assignment.
- Sec. 45.29.210. - Request for accounting; request regarding list of collateral or statement of account.
- Article 03 - PERFECTION AND PRIORITY
- Sec. 45.29.301. - Law governing perfection and priority of security interests.
- Sec. 45.29.302. - Law governing perfection and priority of agricultural liens.
- Sec. 45.29.303. - Law governing perfection and priority of security interests in goods covered by a certificate of title.
- Sec. 45.29.304. - Law governing perfection and priority of security interests in deposit accounts.
- Sec. 45.29.305. - Law governing perfection and priority of security interests in investment property.
- Sec. 45.29.306. - Law governing perfection and priority of security interests in letter-of-credit rights.
- Sec. 45.29.307. - Location of debtor.
- Sec. 45.29.308. - When security interest or agricultural lien is perfected; continuity of perfection.
- Sec. 45.29.309. - Security interest perfected upon attachment.
- Sec. 45.29.310. - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
- Sec. 45.29.311. - Perfection of security interests in property subject to certain statutes, regulations, and treaties.
- Sec. 45.29.312. - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; per
- Sec. 45.29.313. - When possession by or delivery to secured party perfects security interest without filing.
- Sec. 45.29.314. - Perfection by control.
- Sec. 45.29.315. - Secured party's rights on disposition of collateral and in proceeds.
- Sec. 45.29.316. - Continued perfection of security interest following change in governing law.
- Sec. 45.29.317. - Interests that take priority over or take free of security interest or agricultural lien.
- Sec. 45.29.318. - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
- Sec. 45.29.319. - Rights and title of consignee with respect to creditors and purchasers.
- Sec. 45.29.320. - Buyer of goods.
- Sec. 45.29.321. - Licensee of general intangible and lessee of goods in ordinary course of business.
- Sec. 45.29.322. - Priorities among conflicting security interests in and agricultural liens on same collateral.
- Sec. 45.29.323. - Future advances.
- Sec. 45.29.324. - Priority of purchase money security interests.
- Sec. 45.29.325. - Priority of security interests in transferred collateral.
- Sec. 45.29.326. - Priority of security interests created by new debtor.
- Sec. 45.29.327. - Priority of security interests in deposit account.
- Sec. 45.29.328. - Priority of security interests in investment property.
- Sec. 45.29.329. - Priority of security interests in letter-of-credit right.
- Sec. 45.29.330. - Priority of purchaser of chattel paper or instrument.
- Sec. 45.29.331. - Priority of rights of purchasers of instruments, documents, and securities under other chapters; priority of interests in financial assets and security entitlements under AS 45.08.
- Sec. 45.29.332. - Transfer of money; transfer of funds from deposit account.
- Sec. 45.29.333. - Priority of certain liens arising by operation of law.
- Sec. 45.29.334. - Priority of security interests in fixtures and crops.
- Sec. 45.29.335. - Accessions.
- Sec. 45.29.336. - Commingled goods.
- Sec. 45.29.337. - Priority of security interests in goods covered by certificate of title.
- Sec. 45.29.338. - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
- Sec. 45.29.339. - Priority subject to subordination.
- Sec. 45.29.340. - Effectiveness of right of recoupment or setoff against deposit account.
- Sec. 45.29.341. - Bank's rights and duties with respect to deposit account.
- Sec. 45.29.342. - Bank's right to refuse to enter into or disclose existence of control agreement.
- Article 04 - RIGHTS OF THIRD PARTIES
- Sec. 45.29.401. - Alienability of debtor's rights.
- Sec. 45.29.402. - Secured party not obligated on contract of debtor or in tort.
- Sec. 45.29.403. - Agreement not to assert defenses against assignee.
- Sec. 45.29.404. - Rights acquired by assignee; claims and defenses against assignee.
- Sec. 45.29.405. - Modification of assigned contract.
- Sec. 45.29.406. - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and prom
- Sec. 45.29.407. - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
- Sec. 45.29.408. - Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
- Sec. 45.29.409. - Restrictions on assignment of letter-of-credit rights ineffective.
- Article 05 - FILING
- Sec. 45.29.501. - Filing office.
- Sec. 45.29.502. - Contents of financing statement; mortgage as financing statement; time of filing financing statement.
- Sec. 45.29.503. - Name of debtor and secured party.
- Sec. 45.29.504. - Indication of collateral.
- Sec. 45.29.505. - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
- Sec. 45.29.506. - Effect of errors or omissions.
- Sec. 45.29.507. - Effect of certain events on effectiveness of financing statement.
- Sec. 45.29.508. - Effectiveness of financing statement if new debtor becomes bound by security agreement.
- Sec. 45.29.509. - Persons entitled to file a record.
- Sec. 45.29.510. - Effectiveness of filed record.
- Sec. 45.29.511. - Secured party of record.
- Sec. 45.29.512. - Amendment of financing statement.
- Sec. 45.29.513. - Termination statement.
- Sec. 45.29.514. - Assignment of powers of secured party of record.
- Sec. 45.29.515. - Duration and effectiveness of financing statement; effect of lapsed financing statement.
- Sec. 45.29.516. - What constitutes filing; effectiveness of filing.
- Sec. 45.29.517. - Effect of indexing errors.
- Sec. 45.29.518. - Claim concerning inaccurate or wrongfully filed record.
- Sec. 45.29.519. - Numbering, maintaining, and indexing records; communicating information provided in records.
- Sec. 45.29.520. - Acceptance and refusal to accept record.
- Sec. 45.29.521. - Uniform form of written financing statement and amendment. [Repealed, Sec. 5 ch 76 SLA 2008].
- Sec. 45.29.522. - Maintenance and destruction of records.
- Sec. 45.29.523. - Information from filing office; sale or license of records.
- Sec. 45.29.524. - Delay by filing office.
- Sec. 45.29.525. - Fees.
- Sec. 45.29.530. - Accounting; appropriations.
- Article 06 - DEFAULT
- Sec. 45.29.601. - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
- Sec. 45.29.602. - Waiver and variance of rights and duties.
- Sec. 45.29.603. - Agreement on standards concerning rights and duties.
- Sec. 45.29.604. - Procedure if security agreement covers real property or fixtures.
- Sec. 45.29.605. - Unknown debtor or secondary obligor.
- Sec. 45.29.606. - Time of default for agricultural lien.
- Sec. 45.29.607. - Collection and enforcement by secured party.
- Sec. 45.29.608. - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
- Sec. 45.29.609. - Secured party's right to take possession after default.
- Sec. 45.29.610. - Disposition of collateral after default.
- Sec. 45.29.611. - Notification before disposition of collateral.
- Sec. 45.29.612. - Timeliness of notification before disposition of collateral.
- Sec. 45.29.613. - General notification before disposition of collateral.
- Sec. 45.29.614. - Notification before disposition of collateral in consumer goods transaction.
- Sec. 45.29.615. - Application of proceeds of disposition; liability for deficiency and right to surplus.
- Sec. 45.29.616. - Explanation of calculation of surplus or deficiency.
- Sec. 45.29.617. - Rights of transferee of collateral.
- Sec. 45.29.618. - Rights and duties of certain secondary obligors.
- Sec. 45.29.619. - Transfer of record or legal title.
- Sec. 45.29.620. - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
- Sec. 45.29.621. - Notification of proposal to accept collateral.
- Sec. 45.29.622. - Effect of acceptance of collateral.
- Sec. 45.29.623. - Right to redeem collateral.
- Sec. 45.29.624. - Waiver.
- Sec. 45.29.625. - Remedies for secured party's failure to comply with chapter.
- Sec. 45.29.626. - Action in which deficiency or surplus is in issue.
- Sec. 45.29.627. - Determination of whether conduct was commercially reasonable.
- Sec. 45.29.628. - Nonliability and limitation on liability of secured party; liability of secondary obligor.
- Article 07 - TRANSITIONAL PROVISIONS
- Sec. 45.29.702. - Savings clause.
- Sec. 45.29.703. - Security interest perfected before effective date.
- Sec. 45.29.704. - Security interest unperfected before effective date.
- Sec. 45.29.705. - Effectiveness of action taken before effective date.
- Sec. 45.29.706. - When initial financing statement suffices to continue effectiveness of continuation statement.
- Sec. 45.29.707. - Amendment of pre-effective date financing statement.
- Sec. 45.29.708. - Persons entitled to file initial financing statement or continuation statement.
- Sec. 45.29.709. - Priority.