Title 11, Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS

Title 11, Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS

Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS

11 §9-101. Short title (REPEALED)

11 §9-102. Policy and scope of Article (REPEALED)

11 §9-103. Perfection of security interests in multiple state transactions (REPEALED)

11 §9-103-A. Perfection of security interest in multiple state transactions (REPEALED)

11 §9-104. Transactions excluded from Article (REPEALED)

11 §9-105. Definitions and index of definitions (REPEALED)

11 §9-106. Definitions: "Account;" "general intangibles" (REPEALED)

11 §9-107. Definitions: "purchase money security interest" (REPEALED)

11 §9-108. When after-acquired collateral not security for antecedent debt (REPEALED)

11 §9-109. Classification of goods: "consumer goods"; "equipment"; "farm products"; "inventory" (REPEALED)

11 §9-110. Sufficiency of description (REPEALED)

11 §9-111. Applicability of bulk transfer laws (REPEALED)

11 §9-112. Where collateral is not owned by debtor (REPEALED)

11 §9-113. Security interests arising under Article on sales (REPEALED)

11 §9-114. Consignment (REPEALED)

11 §9-115. Investment property (REPEALED)

11 §9-116. Security interest arising in purchase or delivery of financial asset (REPEALED)

Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO

11 §9-201. General validity of security agreement (REPEALED)

11 §9-202. Title to collateral immaterial (REPEALED)

11 §9-203. Attachment and enforceability of security interest; proceeds, formal requisites (REPEALED)

11 §9-204. After-acquired property; future advances (REPEALED)

11 §9-205. Use or disposition of collateral without accounting permissible (REPEALED)

11 §9-206. Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists (REPEALED)

11 §9-207. Rights and duties when collateral is in secured party's possession (REPEALED)

11 §9-208. Request for statement of account or list of collateral (REPEALED)

Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY

11 §9-301. Persons who take priority over unperfected security interests; rights of "lien creditor" (REPEALED)

11 §9-302. When filing is required to perfect security interest; security interests to which filing provisions of this Article do not apply (REPEALED)

11 §9-303. When security interest is perfected; continuity of perfection (REPEALED)

11 §9-304. Perfection of security interest in instruments, documents, proceeds of a written letter of credit and goods covered by documents; perfection by permissive filing; temporary perfection without filing or transfer of possession (REPEALED)

11 §9-305. When possession by secured party perfects security interest without filing (REPEALED)

11 §9-306. "Proceeds"; secured party's rights on disposition of collateral (REPEALED)

11 §9-307. Protection of buyers of goods (REPEALED)

11 §9-308. Purchase of chattel paper and instruments (REPEALED)

11 §9-309. Protection of purchasers of instruments, documents and securities (REPEALED)

11 §9-310. Priority of certain liens arising by operation of law (REPEALED)

11 §9-311. Alienability of debtor's rights: judicial process (REPEALED)

11 §9-312. Priorities among conflicting security interests in the same collateral (REPEALED)

11 §9-313. Priority of security interests in fixtures (REPEALED)

11 §9-314. Accessions (REPEALED)

11 §9-315. Priority when goods are commingled or processed (REPEALED)

11 §9-316. Priority subject to subordination (REPEALED)

11 §9-317. Secured party not obligated on contract of debtor (REPEALED)

11 §9-318. Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; indentification and proof of assignment (REPEALED)

Part 4: FILING

11 §9-401. Place of filing; erroneous filing; removal of collateral (REPEALED)

11 §9-401-A. Place of filing; erroneous filing; removal of collateral (REPEALED)

11 §9-402. Formal requisites of financing statements; amendments; mortgages as financing statements (REPEALED)

11 §9-403. What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer (REPEALED)

11 §9-404. Termination statement (REPEALED)

11 §9-405. Assignment of security interest; duties of filing officer; fees (REPEALED)

11 §9-406. Release of collateral; duties of filing officer; fees (REPEALED)

11 §9-407. Information from filing officer (REPEALED)

11 §9-408. Financing statements covering consigned or leased goods (REPEALED)

11 §9-408-A. Financing statements covering consigned or leased goods (REPEALED)

11 §9-409. Expedited service (REPEALED)

11 §9-410. Access to Secretary of State's database (REPEALED)

11 §9-411. Publications (REPEALED)

11 §9-412. Federal tax liens (REPEALED)

11 §9-413. Powers of the Secretary of State (REPEALED)

Part 5: DEFAULT

11 §9-501. Default; procedure when security agreement covers both real and personal property (REPEALED)

11 §9-502. Collection rights of secured party (REPEALED)

11 §9-503. Secured party's right to take possession after default (REPEALED)

11 §9-504. Secured party's right to dispose of collateral after default; effect of disposition (REPEALED)

11 §9-505. Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation (REPEALED)

11 §9-506. Debtor's right to redeem collateral (REPEALED)

11 §9-507. Secured party's liability for failure to comply with this part (REPEALED)

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Office of the Revisor of Statutes · 7 State House Station · State House Room 108 · Augusta, Maine 04333-0007

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