Vermont StatutesArticle 9 - Secured Transactions (Contains: §§ 101 – 709)
- § 101 - Short title
- § 102 - Definitions and index of definitions
- § 103 - Purchase-money security interest; application of payments; burden of establishing
- § 103A - 'Production-money crops'; 'production-money obligation'; 'production-money security interest'; burden of establishing
- § 104 - Control of deposit account
- § 105 - Control of electronic chattel paper
- § 106 - Control of investment property
- § 107 - Control of letter-of-credit right
- § 108 - Sufficiency of description in a security agreement
- § 109 - Scope
- § 110 - Security interests arising under Article 2 or 2a
- § 201 - General effectiveness of security agreement
- § 202 - Title to collateral immaterial
- § 203 - Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites
- § 204 - After-acquired property; future advances
- § 205 - Use or disposition of collateral permissible
- § 206 - Security interest arising in purchase or delivery of financial asset
- § 207 - Rights and duties of secured party having possession or control of collateral
- § 208 - Additional duties of secured party having control of collateral
- § 209 - Duties of secured party if account debtor has been notified of assignment
- § 210 - Request for accounting; request regarding list of collateral or statement of account
- § 301 - Law governing perfection and priority of security interests
- § 302 - Law governing perfection and priority of agricultural liens
- § 303 - Law governing perfection and priority of security interests in goods covered by a certificate of title
- § 304 - Law governing perfection and priority of security interests in deposit accounts
- § 305 - Law governing perfection and priority of security interests in investment property
- § 306 - Law governing perfection and priority of security interests in letter-of-credit rights
- § 307 - Location of debtor
- § 308 - When security interest or agricultural lien is perfected; continuity of perfection
- § 309 - Security interest perfected upon attachment
- § 310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
- § 311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties
- § 312 - Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-cre
- § 313 - When possession by or delivery to secured party perfects security interest without filing
- § 314 - Perfection by control
- § 315 - Secured party's rights on disposition of collateral and in proceeds
- § 316 - Continued perfection of security interest following change in governing law
- § 317 - Interests that take priority over or take free of security interest or agricultural lien
- § 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
- § 319 - Rights and title of consignee with respect to creditors and purchasers
- § 320 - Buyer of goods
- § 321 - Licensee of general intangible and lessee of goods in ordinary course of business
- § 322 - Priorities among conflicting security interests in and agricultural liens on same collateral
- § 323 - Future advances
- § 324 - Priority of purchase-money security interests
- § 325 - Priority of security interests in transferred collateral
- § 326 - Priority of security interests created by new debtor
- § 327 - Priority of security interests in deposit account
- § 328 - Priority of security interests in investment property
- § 329 - Priority of security interests in letter-of-credit right
- § 330 - Priority of purchaser of chattel paper or instrument
- § 331 - Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security ent
- § 332 - Transfer of money; transfer of funds from deposit account
- § 333 - Priority of certain liens arising by operation of law
- § 334 - Priority of security interests in fixtures and crops
- § 335 - Accessions
- § 336 - Commingled goods
- § 337 - Priority of security interests in goods covered by certificate of title
- § 338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
- § 339 - Priority subject to subordination
- § 340 - Effectiveness of right of recoupment or set-off against deposit account
- § 341 - Bank's rights and duties with respect to deposit account
- § 342 - Bank's right to refuse to enter into or disclose existence of control agreement
- § 401 - Alienability of debtor's rights
- § 402 - Secured party not obligated on contract of debtor or in tort
- § 403 - Agreement not to assert defenses against assignee
- § 404 - Rights acquired by assignee; claims and defenses against assignee
- § 405 - Modification of assigned contract
- § 406 - Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, pay
- § 407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
- § 408 - Restrictions on assignment of promissory notes, health care insurance receivables, and certain general intangibles ineffective
- § 409 - Restrictions on assignment of letter-of-credit rights ineffective
- § 501 - Filing office
- § 502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement
- § 503 - Name of debtor and secured party
- § 504 - Indication of collateral
- § 505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions
- § 506 - Effect of errors or omissions
- § 507 - Effect of certain events on effectiveness of financing statement
- § 508 - Effectiveness of financing statement if new debtor becomes bound by security agreement
- § 509 - Persons entitled to file a record
- § 510 - Effectiveness of filed record
- § 511 - Secured party of record
- § 512 - Amendment of financing statement
- § 513 - Termination statement
- § 514 - Assignment of powers of secured party of record
- § 515 - Duration and effectiveness of financing statement; effect of lapsed financing statement
- § 516 - What constitutes filing; effectiveness of filing
- § 517 - Effect of indexing errors
- § 518 - Claim concerning inaccurate or wrongfully filed record
- § 519 - Numbering, maintaining, and indexing records; communicating information provided in records
- § 520 - Acceptance and refusal to accept record
- § 521 - Uniform form of written financing statement and amendment
- § 522 - Maintenance and destruction of records
- § 523 - Information from filing office; sale or license of records
- § 524 - Delay by filing office
- § 525 - Fees
- § 526 - Filing office rules
- § 527 - Duty to report
- § 601 - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
- § 602 - Waiver and variance of rights and duties
- § 603 - Agreement on standards concerning rights and duties
- § 604 - Procedure if security agreement covers real property or fixtures
- § 605 - Unknown debtor or secondary obligor
- § 606 - Time of default for agricultural lien
- § 607 - Collection and enforcement by secured party
- § 608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
- § 609 - Secured party's right to take possession after default
- § 610 - Disposition of collateral after default
- § 611 - Notification before disposition of collateral
- § 612 - Timeliness of notification before disposition of collateral
- § 613 - Contents and form of notification before disposition of collateral: general
- § 614 - Contents and form of notification before disposition of collateral; consumer goods transaction
- § 615 - Application of proceeds of disposition; liability for deficiency and right to surplus
- § 616 - Explanation of calculation of surplus or deficiency
- § 617 - Rights of transferee of collateral
- § 618 - Rights and duties of certain secondary obligors
- § 619 - Transfer of record or legal title
- § 620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
- § 621 - Notification of proposal to accept collateral
- § 622 - Effect of acceptance of collateral
- § 623 - Right to redeem collateral
- § 624 - Waiver
- § 625 - Remedies for secured party's failure to comply with article
- § 626 - Action in which deficiency or surplus is in issue
- § 627 - Determination of whether conduct was commercially reasonable
- § 628 - Nonliability and limitation on liability of secured party; liability of secondary obligor
- § 701 - Effective date
- § 702 - Savings clause
- § 703 - Security interest perfected before effective date
- § 704 - Security interest unperfected before effective date
- § 705 - Effectiveness of action taken before effective date
- § 706 - When initial financing statement suffices as continuation statement
- § 707 - Amendment of preeffective-date financing statement
- § 708 - Persons entitled to file initial financing statement or continuation statement
- § 709 - Priority