| The terms "security," "security entitlement," and related |
terms are defined in Section 8-102, and the term "securities |
account" is defined in Section 8-501. The terms "commodity |
account," "commodity contract," "commodity customer," and |
"commodity intermediary" are defined in this section. Commodity |
contracts are not "securities" or "financial assets" under |
Article 8. See Section 8-103(f). Thus, the relationship between |
commodity intermediaries and commodity customers is not governed |
by the indirect-holding-system rules of Part 5 of Article 8. For |
securities, Article 9 [Maine cite Article 9-A] contains rules on |
security interests, and Article 8 contains rules on the rights of |
transferees, including secured parties, on such matters as the |
rights of a transferee if the transfer was itself wrongful and |
gives rise to an adverse claim. For commodity contracts, Article |
9 [Maine cite Article 9-A] establishes rules on security |
interests, but questions of the sort dealt with in Article 8 for |
securities are left to other law. |