Of course, the expiration of the time period specified in subsection (a) [Maine cite subsection (1)] does not of itself prevent the secured party from later reperfecting under the law of the new jurisdiction. If the secured party does so, however, there will be a gap in perfection, and the secured party may lose priority as a result. Thus, in Example 7, if Lender perfects by filing in Delaware more than one year under the merger, it will have a new date of filing and perfection for purposes of Section 9-322(a)(1) [Maine cite section 9-1322, subsection (1), paragraph (a)]. Financer's security interest, whose perfection dates back to the filing in Pennsylvania under subsection (b) [Maine cite subsection (2)], will remain senior.

4. Possessory Security Interests. Subsection (c) [Maine cite subsection (3)] deals with continued perfection of possessory security interests. It applies not only to security interests perfected solely by the secured party's having taken possession of the collateral. It also applies to security interests perfected by a method that includes as an element of perfection the secured party's having taken possession, such as perfection by taking delivery of a certificated security in registered form, see Section 9-313(a) [Maine cite section 9-1313, subsection (1)] and perfection by obtaining control over a certificated security. See Section 9-314(a) [Maine cite section 9-1314, subsection (1)].

5. Goods Covered by Certificate of Title. Subsections (d) and (e) [Maine cite subsections (4) and (5)] address continued perfection of a security interest in goods covered by a certificate of title. The following examples explain the operation of those subsections.

Example 8: Debtor's automobile is covered by a certificate of title issued by Illinois. Lender perfects a security interest in the automobile by complying with Illinois' certificate-of-title statute. Thereafter, Debtor applies for a certificate of title in Indiana. Six months thereafter, Creditor acquires a judicial lien on the automobile. Under Section