| 2. General Rule. This Article uses the term "attach" to |
describe the point at which property becomes subject to a |
security interest. The requisites for attachment are stated in |
Section 9-203 [Maine cite section 9-1203]. When it attaches, a |
security interest may be either perfected or unperfected. |
"Perfected" means that the security interest has attached and the |
secured party has taken all the steps required by this Article as |
specified in Sections 9-310 to 9-316 [Maine cite sections 9-1310 |
through 9-1316]. A perfected security interest may still be or |
become subordinate to other interests. See, e.g., Sections 9- |
320, 9-322 [Maine cite section 9-1320, section 9-1322]. However, |
in general, after perfection the secured party is protected |
against creditors and transferees of the debtor and, in |
particular, against any representative of creditors in insolvency |
proceedings instituted by or against the debtor. See, e.g., |
Section 9-317 [Maine cite section 9-1317]. |