| | | (a) The security agreement becomes effective to create a | | security interest in the person's property; or |
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| | | (b) The person becomes generally obligated for the | | obligations of the other person, including the obligation | | secured under the security agreement, and acquires or | | succeeds to all or substantially all of the assets of the | | other person. |
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| | | (5)__If a new debtor becomes bound as debtor by a security | | agreement entered into by another person: |
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| | | (a) The agreement satisfies subsection (2), paragraph (c) | | with respect to existing or after-acquired property of the | | new debtor to the extent the property is described in the | | agreement; and |
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| | | (b) Another agreement is not necessary to make a security | | interest in the property enforceable. |
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| | | (6)__The attachment of a security interest in collateral gives | | the secured party the rights to proceeds provided by section 9- | | 1315 and is also attachment of a security interest in a | | supporting obligation for the collateral. |
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| | | (7)__The attachment of a security interest in a right to | | payment or performance secured by a security interest or other | | lien on personal or real property is also attachment of a | | security interest in the security interest, mortgage or other | | lien. |
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| | | (8)__The attachment of a security interest in a securities | | account is also attachment of a security interest in the security | | entitlements carried in the securities account. |
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| | | (9)__The attachment of a security interest in a commodity | | account is also attachment of a security interest in the | | commodity contracts carried in the commodity account. |
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| | | 1. Source. Former Sections 9-203, 9-115(2), (6). |
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| | | 2. Creation, Attachment, and Enforceability. Subsection (a) | | [Maine cite subsection (1)] states the general rule that a | | security interest attaches to collateral only when it becomes | | enforceable against the debtor. Subsection (b) [Maine cite | | subsection (2)] specifies the circumstances under which a | | security interest becomes enforceable. Subsection (b) [Maine |
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