§490:9-204  After-acquired property; future
advances.  (a)  Except as otherwise provided in subsection (b), a security
agreement may create or provide for a security interest in after-acquired
collateral.



(b)  A security interest does not attach under
a term constituting an after-acquired property clause to:



(1)  Consumer goods, other than an accession when
given as additional security, unless the debtor acquires rights in them within
ten days after the secured party gives value; or



(2)  A commercial tort claim.



(c)  A security agreement may provide that
collateral secures, or that accounts, chattel paper, payment intangibles, or
promissory notes are sold in connection with, future advances or other value,
whether or not the advances or value are given pursuant to commitment. [L 2000,
c 241, pt of §1]