§490:9-110  Security interests arising under
article 2 or 2A.  A security interest arising under section 490:2-401,
490:2-505, 490:2-711(3), or 490:2A-508(e) is subject to this article.  However,
until the debtor obtains possession of the goods:



(1)  The security interest is enforceable, even if
section 490:9-203(b)(3) has not been satisfied;



(2)  Filing is not required to perfect the security
interest;



(3)  The rights of the secured party after default by
the debtor are governed by article 2 or 2A; and



(4)  The security interest has priority over a
conflicting security interest created by the debtor. [L 2000, c 241, pt of §1]