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The web page provides the full text of the Uniform Commercial Code (U.C.C.) Article 9, which regulates secured transactions in the United States. It covers topics such as security agreements, perfection, priority, rights and duties of parties, and remedies.
A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the time of attachment.
10 Μαΐ 2023 · Learn how to strengthen your rights by attaching and perfecting your security interest in collateral under the UCC, including for purchase-money security interests.
Learn how to use UCC security agreements to protect your rights as a lender or supplier in the construction industry. Find out when and how to take a security interest, what types of property to secure, and how to perfect and prioritize your lien.
A “SECURITY AGREEMENT” is an agreement that creates or provides for an interest in personal property that secures payment or performance of an obligation. Uniform Commercial Code (§9-102(a)(73); §1-201(b)(35)).
[Subpart 1. Effectiveness and Attachment] [Table of Contents] § 9-201. GENERAL EFFECTIVENESS OF SECURITY AGREEMENT. § 9-202. TITLE TO COLLATERAL IMMATERIAL. § 9-203. ATTACHMENT AND ENFORCEABILITY OF SECURITY INTEREST; PROCEEDS; SUPPORTING OBLIGATIONS; FORMAL REQUISITES. § 9-204. AFTER-ACQUIRED PROPERTY; FUTURE ADVANCES. § 9-205.
1 Νοε 2022 · A security agreement is a written document that conveys a security interest. UCC § 1-201(35) defines a “Security Interest” as “an interest in personal property or fixtures that secures payment or performance of an obligation.”
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