ARTICLE 9 - SECURED TRANSACTIONS
- Part 1 - General Provisions
- 104.9101 - Short title.
- 104.9102 - Definitions and index of definitions.
- 104.9103 - Purchase-money security interest: Circumstances of existence; applicability of payments; burden of establishing.
- 104.9104 - Control of deposit account.
- 104.9105 - Control of electronic chattel paper.
- 104.9106 - Control of investment property.
- 104.9107 - Control of letter-of-credit right.
- 104.9108 - Sufficiency of descriptions.
- 104.9109 - Scope of applicability.
- 104.9110 - Applicability to security interests arising under Article 2 or 2A.
- Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement
- 104.9201 - General effectiveness of security agreement.
- 104.9202 - Title to collateral immaterial.
- 104.9203 - Attachment and enforceability of security interest; proceeds; formal requisites; supporting obligations.
- 104.9204 - After-acquired property; future advances.
- 104.9205 - Use or disposition of collateral permissible.
- 104.9206 - Security interest arising in purchase or delivery of financial asset.
- 104.9207 - Rights and duties of secured party having possession or control of collateral.
- 104.9208 - Additional duties of secured party having control of collateral.
- 104.9209 - Duties of secured party if account debtor has been notified of assignment.
- 104.9210 - Request for accounting; request regarding list of collateral or statement of account.
- Part 3 - Perfection and Priority
- 104.9301 - Determination of law governing perfection and priority of security interests.
- 104.9302 - Determination of law governing perfection and priority of agricultural liens.
- 104.9303 - Determination of law governing perfection and priority of security interests in goods covered by certificate of title.
- 104.9304 - Determination of law governing perfection and priority of security interests in deposit accounts.
- 104.9305 - Determination of law governing perfection and priority of security interests in investment property.
- 104.9306 - Determination of law governing perfection and priority of security interests in letter-of-credit rights.
- 104.9307 - Location of debtor.
- 104.9308 - When security interest or agricultural lien is perfected; continuity of perfection.
- 104.9309 - Security interest perfected upon attachment.
- 104.9310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
- 104.9311 - Perfection of security interests in property subject to certain statutes, regulations and treaties.
- 104.9312 - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights and money; perfection b
- 104.9313 - When possession by or delivery to secured party perfects security interest without filing.
- 104.9314 - Perfection by control.
- 104.9315 - Secured party’s rights on disposition of collateral and in proceeds.
- 104.9316 - Continued perfection of security interest following change in governing law.
- 104.9317 - Interests that take priority over or take free of unperfected security interest or agricultural lien.
- 104.9318 - 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.
- 104.9319 - Rights and title of consignee with respect to creditors and purchasers.
- 104.9320 - Protection of certain buyers of goods.
- 104.9321 - Protection of licensee of general intangible and lessee of goods in ordinary course of business.
- 104.9322 - Priorities among conflicting security interests in and agricultural liens on same collateral.
- 104.9323 - Future advances.
- 104.9324 - Priority of purchase-money security interests.
- 104.9325 - Priority of security interests in transferred collateral.
- 104.9326 - Priority of security interests created by new debtor.
- 104.9327 - Priority among conflicting security interests in same deposit account.
- 104.9328 - Priority among conflicting security interests in same investment property.
- 104.9329 - Priority among conflicting security interests in same letter-of-credit right.
- 104.9330 - Priority of purchaser of chattel paper or instrument.
- 104.9331 - Priority of rights of purchasers of instruments, documents and securities under other articles; priority of interests in financial assets and security entitlements under article 8.
- 104.9332 - Effect of transfer of money; effect of transfer of funds from deposit account.
- 104.9333 - Priority of certain possessory liens arising by operation of law.
- 104.9334 - Priority of security interests in fixtures and crops.
- 104.9335 - Accessions.
- 104.9336 - Commingled goods.
- 104.9337 - Priority of security interests in goods covered by certificate of title.
- 104.9338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
- 104.9339 - Priority subject to subordination by agreement.
- 104.9340 - Effectiveness of right of recoupment or setoff against deposit account.
- 104.9341 - Bank’s rights and duties with respect to deposit account.
- Part 4 - Rights of Third Parties
- 104.9401 - Alienability of debtor’s rights.
- 104.9402 - Secured party not obligated in contract of debtor or in tort.
- 104.9403 - Agreement not to assert defenses against assignee.
- 104.9404 - Rights acquired by assignee; claims and defenses against assignee.
- 104.9405 - Modification of or substitution for assigned contract.
- 104.9406 - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles and promissory no
- 104.9407 - Restrictions on assignment, transfer, creation or enforcement of security interest in leasehold interest or in lessor’s residual interest.
- 104.9408 - Restrictions on assignment or transfer of promissory notes, health-care insurance receivables and certain general intangibles ineffective.
- 104.9409 - Restrictions on assignment of letter-of-credit rights ineffective.
- Part 5 - Filing
- 104.9501 - Filing office.
- 104.9502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
- 104.9503 - Name of debtor and secured party provided in financing statement.
- 104.9504 - Indication of collateral in financing statement.
- 104.9505 - Filing of financing statement in compliance with other statutes and treaties for consignments, leases, other bailments and other transactions.
- 104.9506 - Effect of errors or omissions in financing statement.
- 104.9507 - Effect of certain events on effectiveness of financing statement.
- 104.9508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.
- 104.9509 - Persons entitled to file record.
- 104.9510 - Effectiveness of filed record.
- 104.9511 - Secured party of record.
- 104.9512 - Amendment of financing statement.
- 104.9513 - Termination statement.
- 104.9514 - Assignment of certain powers of secured party of record.
- 104.9515 - Duration and effectiveness of financing statement; effect of lapsed financing statement.
- 104.9516 - What constitutes filing; effectiveness of filing.
- 104.9517 - Effect of indexing errors.
- 104.9518 - Claim concerning inaccurate or wrongfully filed record: Filing of correction statement.
- 104.9519 - Numbering, maintaining and indexing records; communicating information provided in records.
- 104.9520 - Acceptance and refusal to accept record.
- 104.9521 - Acceptance of certain written records including initial financing statements by filing office; format of written records.
- 104.9522 - Maintenance and destruction of records.
- 104.9523 - Information from filing office; sale or license of records.
- 104.9524 - Excused delay by filing office.
- 104.9525 - Fees.
- 104.9526 - Filing-office rules.
- 104.9527 - Duty of Secretary of State to report.
- Part 6 - Default
- 104.9601 - Rights after default; judicial enforcement; effect on consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.
- 104.9602 - Waiver and variance of rights and duties of debtor and obligor.
- 104.9603 - Agreement on standards concerning rights and duties of parties.
- 104.9604 - Procedure if security agreement covers real property or fixtures.
- 104.9605 - Duty to unknown debtor or secondary obligor.
- 104.9606 - Time of default for agricultural lien.
- 104.9607 - Collection and enforcement by secured party.
- 104.9608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
- 104.9609 - Secured party’s right to take possession or dispose of collateral after default.
- 104.9610 - Disposition of collateral after default.
- 104.9611 - Notification before disposition of collateral.
- 104.9612 - Timeliness of notification before disposition of collateral.
- 104.9613 - Contents and form of notification before disposition of collateral: General.
- 104.9614 - Contents and form of notification before disposition of collateral: Consumer-goods transaction.
- 104.9615 - Application of proceeds of disposition; liability for deficiency and right to surplus.
- 104.9616 - Explanation of calculation of surplus or deficiency.
- 104.9617 - Effect of disposition of collateral by secured party after default; rights of transferee regarding collateral.
- 104.9618 - Rights and duties of certain secondary obligors.
- 104.9619 - Transfer of record or legal title.
- 104.9620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
- 104.9621 - Notification of proposal to accept collateral in satisfaction of obligation.
- 104.9622 - Effect of acceptance of collateral in satisfaction of obligation.
- 104.9623 - Redemption of collateral.
- 104.9624 - Waiver of right to notification of disposition of collateral; waiver of right to redeem collateral.
- 104.9625 - Remedies for secured party’s failure to comply with article.
- 104.9626 - Action in which deficiency or surplus is in issue.
- 104.9627 - Determination of whether conduct was commercially reasonable.
- 104.9628 - Nonliability and limitation on liability of secured party; liability of secondary obligor.
- Part 7 - Transitional Provisions Regarding 2001 Amendments
- 104.9702 - Applicability of amendatory provisions to preexisting transactions, liens, actions, cases and proceedings.
- 104.9703 - Security interest perfected before July 1, 2001.
- 104.9704 - Security interest unperfected before July 1, 2001.
- 104.9705 - Effectiveness of action taken before July 1, 2001.
- 104.9706 - When initial financing statement suffices to continue effectiveness of financing statement filed before July 1, 2001.
- 104.9707 - Persons entitled to file initial financing statement or continuation statement.
- 104.9708 - Determination of priority of conflicting claims to collateral.
- 104.9709 - Effectiveness, amendment and termination of financing statement filed before July 1, 2001.