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Code · Maine · Title 11: UNIFORM COMMERCIAL CODE

§9-1310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply

493 words·~2 min read·/me/title-11-uniform-commercial-code/9-1310

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(1). Except as otherwise provided in subsection
(2)and section 9‑1312, subsection
(2), a financing statement must be filed to perfect all security interests and agricultural liens.
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(2). The filing of a financing statement is not necessary to perfect a security interest:
(a). That is perfected under section 9‑1308, subsection
(4),
(5),
(6)or
(7); [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(b). That is perfected under section 9‑1309 when it attaches; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(c). In property subject to a statute, regulation or treaty described in section 9‑1311, subsection
(1); [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(d). In goods in possession of a bailee that is perfected under section 9‑1312, subsection (4), paragraph
(a)or
(b); [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(e). In certificated securities, documents, goods or instruments that is perfected without filing, control or possession under section 9‑1312, subsection
(5),
(6)or
(7); [PL 2009, c. 324, Pt. B, §35 (AMD); PL 2009, c. 324, Pt. B, §48 (AFF).]
(f). In collateral in the secured party's possession under section 9‑1313 ; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(g). In a certificated security that is perfected by delivery of the security certificate to the secured party under section 9‑1313 ; [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(h). In controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property or letter-of-credit rights that is perfected by control under section 9‑1314 ; [PL 2023, c. 669, Pt. A, §102 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
(h-1). In chattel paper that is perfected by possession and control under section 9‑1314‑A ; [PL 2023, c. 669, Pt. A, §103 (NEW); PL 2023, c. 669, Pt. E, §1 (AFF).]
(i). In proceeds that is perfected under section 9‑1315 ; or [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(j). That is perfected under section 9‑1316 . [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
[PL 2023, c. 669, Pt. A, §§102, 103 (AMD); PL 2023, c. 669, Pt. E, §1 (AFF).]
(3). If a secured party assigns a perfected security interest or agricultural lien, a filing under this Article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
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