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§9-310. When filing required to perfect security interest or agricultural lien; security


Published: 2015

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The Vermont Statutes Online



Title

09A

:
Uniform Commercial Code






Chapter

009

:
Secured Transactions











 

§

9-310. When filing required to perfect security interest or agricultural lien;

security interests and agricultural liens to which

filing provisions do not apply

(a) Except as

otherwise provided in subsection (b) and section 9-312(b), a financing statement

must be filed to perfect all security interests and agricultural liens.

(b) The filing

of a financing statement is not necessary to perfect a security interest:

(1) that is

perfected under section 9-308(d), (e), (f), or (g);

(2) that is

perfected under section 9-309 when it attaches;

(3) in property

subject to a statute, regulation, or treaty described in section 9-311(a);

(4) in goods in

possession of a bailee which is perfected under section 9-312(d)(1) or (2);

(5) in

certificated securities, documents, goods, or instruments which is perfected

without filing, control, or possession under section 9-312(e), (f), or (g);

(6) in

collateral in the secured party's possession under section 9-313;

(7) in a

certificated security which is perfected by delivery of the security

certificate to the secured party under section 9-313;

(8) in deposit

accounts, electronic chattel paper, electronic documents, investment property,

or letter-of-credit rights which is perfected by control under section 9-314;

(9) in proceeds

which is perfected under section 9-315; or

(10) that is

perfected under section 9-316.

(c) If a secured

party assigns a perfected security interest or agricultural lien, a filing

under this article is not required to continue the perfected status of the

security interest against creditors of and transferees from the original

debtor. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001; amended

2015, No. 51, § B.9, eff. June 3, 2015.)