Page:United States Statutes at Large Volume 77.djvu/778

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[77 STAT. 746]
PUBLIC LAW 88-000—MMMM. DD, 1963
[77 STAT. 746]

746

PUBLIC LAW 88-243-DEC. 30, 1963

[77 STAT.

ARTICLE 9—SECURED TRANSACTIONS; SALES OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPER—Continued I'ART 3—KuniTs

OF T H I R D 1'ARTIKS; I'KRFKCTKD AXD r.\PKRKECTKU I N T K R E S T S; I U I. K S OF PRIORITY

SKCURITY

SKf.

28:9—301. I'ersoiis who take priority over uuperfected.seouritj' i n t e r e s t s; "lieu creditor". 28:S)—302. AN'heii tiling is required to perfect security i n t e r e s t; security interests to which filing provisions of this article do not apply. 28:"J—303. When security interest is perfected; continuity of perfection. 28:9—304. Perfection of security interest in instruments, documents, and goods covered by documents; perfection by permissive filing; temporary perfection without filing or transfer of possession. 28:1)—3or». When ix)ssession by secured, party perfects security interest without filing. 28;l)—30(5. "I'roceeds"; secured party ' s rights on disposition of collateral. 28:9—307. I'rotection (•f buyers of goods. 28:1)—308. Purchase (»f chattel paper and non-negotiable instruments. 28:9—309. Protection of purchasers of instruments and documents. 28:9—310. Priority of certain liens arising by operation of law. 28:i)—311. Alienability of debtor's Tights: judicial process. 28:9—312. Priorities among conflicting security interests in the Same collateial. 28:9—313. Priority of security interests in fixtures. 28:9--314. Accessions. 28:J)—3ir>. Priority when goods a r e commingled o r processed. 28:9—316. Priority subject to subordination, 28:9—317. Secured party not obligated on contract of debtor. 28:9—318. Defenses against assignee; modification of contract after notification of a s s i g n m e n t; term prohibiting assignment ineffective; identification and proof of assignment. PART 4 — F I L I N G

28:9—401. Place of filing; erroneous filing; removal of collateral. 28:9—402. For m a l requisites of financing statement; amendments. 28:9—403. W h a t constitutes filing; duration of filing; effect of lapsed duties of filing oflBcer. 28:9—404. Termination statement. 28:9—405. Assignment of security i n t e r e s t; duties of filing officer; fees. 28:9—406. Release of collateral; duties of filing officer; fees. 28:9—407. Information from filing officer.

filing;

PART 5 — D E F A U L T

28:9—501. D e f a u l t; procedure when security agreement covers both real and personal property. 28:9—502. Collection rights of secured party. 28:9—503. Secured party ' s right to t a k e possession after default. 28:9—504. Secured party ' s right to dispose of collateral after d e f a u l t; effect of disposition. 28:9—505. Compulsory disposition of c o l l a t e r a l; acceptance of the collateral a s discharge of obligation. 28:9—506. Debtor's right to redeem collateral. 28:9—507. Secured party ' s liability for failure to comply with this part.

Citation of ar'^'^^^-

PART 1—SHORT TITLE, APPLICABILITY A N D DEFINITIONS §28:9—101. Short title This aiticle shall be known and may be cited as Uniform Commercial Code—Secured Transactions. §28:9—102. Policy and scope of article (1) Except as otherwise provided in section 28:9—103 on multiple state transactions and in section 28:9—104 on excluded transactions, this article applies so far as concerns any personal property and fixtures within the jurisdiction of the District