| addresses the case of collateral that changes form without the | addition of other goods. |
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| | 3. "Accession" vs. "Other Goods." This section distinguishes | among the "accession," the "other goods," and the "whole." The | last term refers to the combination of the "accession" and the | "other goods." If one person's collateral becomes physically | united with another person's collateral, each is an "accession." |
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| | Example 1: SP-1 holds a security interest in the debtor's | tractors (which are not subject to a certificate-of-title | statute), and SP-2 holds a security interest in a particular | tractor engine. The engine is installed in a tractor. From the | perspective of SP-1, the tractor becomes an "accession" and the | engine is the "other goods." From the perspective of SP-2, the | engine is the "accession" and the tractor is the "other goods." | The completed tractor-tractor cum engine-constitutes the "whole." |
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| | 4. Scope. This section governs only a few issues concerning | accessions. Subsection (a) [Maine cite subsection (1)] contains | rules governing continuation of a security interest in an | accession. Subsection (b) [Maine cite subsection (2)] contains a | rule governing continued perfection of a security interest in | goods that become an accession. Subsection (d) [Maine cite | subsection (4)] contains a special priority rule governing | accessions that become part of a whole covered by a certificate | of title. Subsections (e) and (f) [Maine cite subsections (5) | and (6)] govern enforcement of a security interest in an | accession. |
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| | 5. Matters Left to Other Provisions of This Article: | Attachment and Perfection. Other provisions of this Article | often govern accession-related issues. For example, this section | does not address whether a secured party acquires a security | interest in the whole if its collateral becomes an accession. | Normally this will turn on the description of the collateral in | the security agreement. |
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| | Example 2: Debtor owns a computer subject to a perfected | security interest in favor of SP-1. Debtor acquires memory and | installs it in the computer. Whether SP-1's security interest | attaches to the memory depends on whether the security agreement | covers it. |
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| | Similarly, this section does not determine whether perfection | against collateral that becomes an accession is effective to | perfect a security interest in the whole. Other provisions of | this Article, including the requirements for |
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