Missouri Revised Statutes
Chapter 400
Uniform Commercial Code
←400.09-310
Section 400.9-311.1
400.09-312→
August 28, 2015
Perfection of security interests in property subject to certain statutes, regulations, and treaties.
400.9-311. (a) Except as otherwise provided in subsection (d), the
filing of a financing statement is not necessary or effective to perfect a
security interest in property subject to:
(1) A statute, regulation, or treaty of the United States whose
requirements for a security interest's obtaining priority over the rights
of a lien creditor with respect to the property preempt section
400.9-310(a);
(2) Sections 301.600 to 301.661*, section 700.350, and section
400.2A-304; or
(3) A statute of another jurisdiction which provides for a security
interest to be indicated on a certificate of title as a condition or result
of the security interest's obtaining priority over the rights of a lien
creditor with respect to the property.
(b) Compliance with the requirements of a statute, regulation, or
treaty described in subsection (a) for obtaining priority over the rights
of a lien creditor is equivalent to the filing of a financing statement
under this article. Except as otherwise provided in subsection (d) and
sections 400.9-313 and 400.9-316(d) and (e) for goods covered by a
certificate of title, a security interest in property subject to a statute,
regulation, or treaty described in subsection (a) may be perfected only by
compliance with those requirements, and a security interest so perfected
remains perfected notwithstanding a change in the use or transfer of
possession of the collateral.
(c) Except as otherwise provided in subsection (d) and section
400.9-316(d) and (e), duration and renewal of perfection of a security
interest perfected by compliance with the requirements prescribed by a
statute, regulation, or treaty described in subsection (a) are governed by
the statute, regulation, or treaty. In other respects, the security
interest is subject to this article.
(d) During any period in which collateral is inventory held for sale
or lease by a person or leased by that person as lessor and that person is
in the business of selling goods of that kind, this section does not apply
to a security interest in that collateral created by that person.
(L. 1963 p. 503 § 9-311, A.L. 2001 S.B. 288, A.L. 2010 S.B. 630, A.L.
2012 H.B. 1400 merged with S.B. 485 merged with S.B. 628 merged
with S.B. 636, A.L. 2014 H.B. 1376)
*Section 301.661 was repealed by H.B. 2008, 2002.
2012
2011
2001
1991
2012
400.9-311. (a) Except as otherwise provided in subsection (d), the
filing of a financing statement is not necessary or effective to perfect a
security interest in property subject to:
(1) A statute, regulation, or treaty of the United States whose
requirements for a security interest's obtaining priority over the rights
of a lien creditor with respect to the property preempt section
400.9-310(a);
(2) Sections 301.600 to 301.661*, section 700.350, and section
400.2A-304; or
(3) A certificate-of-title statute of another jurisdiction which
provides for a security interest to be indicated on the certificate as a
condition or result of the security interest's obtaining priority over the
rights of a lien creditor with respect to the property.
(b) Compliance with the requirements of a statute, regulation, or
treaty described in subsection (a) for obtaining priority over the rights
of a lien creditor is equivalent to the filing of a financing statement
under this article. Except as otherwise provided in subsection (d) and
sections 400.9-313 and 400.9-316(d) and (e) for goods covered by a
certificate of title, a security interest in property subject to a statute,
regulation, or treaty described in subsection (a) may be perfected only by
compliance with those requirements, and a security interest so perfected
remains perfected notwithstanding a change in the use or transfer of
possession of the collateral.
(c) Except as otherwise provided in subsection (d) and section
400.9-316(d) and (e), duration and renewal of perfection of a security
interest perfected by compliance with the requirements prescribed by a
statute, regulation, or treaty described in subsection (a) are governed by
the statute, regulation, or treaty. In other respects, the security
interest is subject to this article.
(d) During any period in which collateral is inventory held for sale
or lease by a person or leased by that person as lessor and that person is
in the business of selling goods of that kind, this section does not apply
to a security interest in that collateral created by that person.
2011
400.9-311. (a) Except as otherwise provided in subsection (d), the
filing of a financing statement is not necessary or effective to perfect a
security interest in property subject to:
(1) A statute, regulation, or treaty of the United States whose
requirements for a security interest's obtaining priority over the rights of a
lien creditor with respect to the property preempt section 400.9-310(a);
(2) Sections 301.600 to 301.661*, section 700.350, and section
400.2A-304; or
(3) A certificate-of-title statute of another jurisdiction which
provides for a security interest to be indicated on the certificate as a
condition or result of the security interest's obtaining priority over the
rights of a lien creditor with respect to the property.
(b) Compliance with the requirements of a statute, regulation, or treaty
described in subsection (a) for obtaining priority over the rights of a lien
creditor is equivalent to the filing of a financing statement under this
article. Except as otherwise provided in subsection (d) and sections
400.9-313 and 400.9-316(d) and (e) for goods covered by a certificate of
title, a security interest in property subject to a statute, regulation, or
treaty described in subsection (a) may be perfected only by compliance with
those requirements, and a security interest so perfected remains perfected
notwithstanding a change in the use or transfer of possession of the
collateral.
(c) Except as otherwise provided in subsection (d) and section
400.9-316(d) and (e), duration and renewal of perfection of a security
interest perfected by compliance with the requirements prescribed by a
statute, regulation, or treaty described in subsection (a) are governed by the
statute, regulation, or treaty. In other respects, the security interest is
subject to this article.
(d) During any period in which collateral is inventory held for sale or
lease by a person or leased by that person as lessor and that person is in the
business of selling or leasing goods of that kind, this section does not apply
to a security interest in that collateral created by that person as debtor.
2001
400.9-311. The debtor's rights in collateral may be
voluntarily or involuntarily transferred (by way of sale,
creation of a security interest, attachment, levy, garnishment or
other judicial process) notwithstanding a provision in the
security agreement prohibiting any transfer or making the
transfer constitute a default.
1991
400.9-311. The debtor's rights in collateral may be
voluntarily or involuntarily transferred (by way of sale,
creation of a security interest, attachment, levy, garnishment or
other judicial process) notwithstanding a provision in the
security agreement prohibiting any transfer or making the
transfer constitute a default.
Top
Missouri General Assembly
Copyright © Missouri Legislature, all rights reserved.