11-9-201. General effectiveness of security agreement.
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/ga/title-11-commercial-code/subpart-1-effectiveness-and-attachment/11-9-201·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
General effectiveness. Except as otherwise provided in this title, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.
Applicable consumer laws and other law. A transaction subject to this article is subject to any applicable rule of law which establishes a different rule for consumers and is subject to Chapter 3 of Title 7; Chapter 4 of Title 7; and Article 1 of Chapter 1 of Title 10.
Other applicable law controls. In case of conflict between this article and a rule of law, statute, or regulation described in subsection
(b)of this Code section, the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in subsection
(b)of this Code section has only the effect the statute or regulation specifies.
Further deference to other applicable law. This article does not:
Validate any rate, charge, agreement, or practice that violates a rule of law, statute, or regulation described in subsection
(b)of this Code section; or
Extend the application of the rule of law, statute, or regulation to a transaction not otherwise subject to it.