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 Short title (REPEALED)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 Policy and scope of Article (REPEALED)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 Perfection of security interests in multiple state transactions (REPEALED)

11 §9-103-A. Perfection of security interest in multiple state transactions (REPEALED)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 Transactions excluded from Article (REPEALED)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 Definitions and index of definitions (REPEALED)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 Definitions: "Account;" "general intangibles" (REPEALED)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 Definitions: "purchase money security interest" (REPEALED)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 When after-acquired collateral not security for antecedent debt (REPEALED)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 Classification of goods: "consumer goods"; "equipment"; "farm products"; "inventory" (REPEALED)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 Sufficiency of description (REPEALED)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 Applicability of bulk transfer laws (REPEALED)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 Where collateral is not owned by debtor (REPEALED)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 Security interests arising under Article on sales (REPEALED)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 Consignment (REPEALED)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 Investment property (REPEALED)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 Security interest arising in purchase or delivery of financial asset (REPEALED)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 General validity of security agreement (REPEALED)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 Title to collateral immaterial (REPEALED)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 Attachment and enforceability of security interest; proceeds, formal requisites (REPEALED)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 After-acquired property; future advances (REPEALED)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 Use or disposition of collateral without accounting permissible (REPEALED)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 Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists (REPEALED)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 Rights and duties when collateral is in secured party's possession (REPEALED)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 Request for statement of account or list of collateral (REPEALED)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 Persons who take priority over unperfected security interests; rights of "lien creditor" (REPEALED)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is required to perfect security interest; security interests to which filing provisions of this Article do not apply (REPEALED)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)

The Revisor's Office cannot provide legal advice or interpretation of Maine law to the public.
If you need legal advice, please consult a qualified attorney.

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

Data for this page extracted on 1/07/2025 11:10:17.