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Code · UCC · UCC Article 9 — Secured Transactions · § 9-110

§ 9-110. 9-110

91 words·~1 min read·/us/ucc/a9/s9-110

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A security interest arising under Section 2-401 , 2-505 , 2-711 (3), or 2A-508
(5)is subject to this article. However, until the debtor obtains possession of the goods :
(1)the security interest is enforceable, even if Section 9-203(b)
(3)has not been satisfied;
(2)filing is not required to perfect the security interest;
(3)the rights of the secured party after default by the debtor are governed by Article 2 or 2A; and
(4)the security interest has priority over a conflicting security interest created by the debtor .
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