| (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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