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UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS UNDER ARTICLE 9 191 (1978)

handle is hein.ali/alicc0174 and id is 1 raw text is: Secured Transactions; Sales of Accounts, Contract Rights and Chattel Paper

(B) When the buyer fails to pay the price as it comes
due under a contract of sale the seller may recover the
price:
(I) of securities accepted by the buyer; and

(2) of other securities if efforts at their resale would
be unduly burdensome or if there is no readily available
market for their resale.
HISTORY: 131 v S 48, eff. 11-4-65

Chapter 1309
SECURED TRANSACTIONS; SALES OF ACCOUNTS,
CONTRACT RIGHTS AND CHATTEL PAPER

APPLICABILITY AND DEFINITIONS
1309.01   Definitions
1309.02   Policy and scope
1309.03   Accounts. contract rights, general intangibles, and
equipment relating to another jurisdiction, and in-
coming goods already subject to a security interest
1309.03   Choice of law governing perfection of security in-
terest by classes of property
1309.04   Transactions excluded
1309.05   Purchase money security interest defined
1309.06   When after-acquired collateral not security for ante-
cedent debt
1309.07   Classification of goods, consumer goods, equipment,
farm products, inventory defined
1309.08   Sufficiency of description
1309.09   Applicability of bulk transfer laws
1309.10   Collateral not owned by debtor
1309.11   Security interest
1309.111  Priorities between consignors and secured parties
VALIDITY OF SECURITY AGREE-
MENT AND RIGHTS OF PARTIES
THERETO
1309.12   General validity of security agreement
1309.13   Title to collateral immaterial
1309.14   Enforceability of secured interest; proceeds, formal
requisites
1309.14   Enforceability of secured interest; proceeds, formal
requisites; when security interest attaches
1309.15   When   security interest  attaches;  after-acquired
property; future advances
1309.15   After-acquired property; future advances
1309.16   Use or disposition of collateral without accounting
permissible
1309.17   Agreement not to assert defenses against assignee;
modification of sales warranties where security
agreement exists
1309.18   Rights and duties when collateral is in secured
party's possession
1309.19   Request for statement of account or list of collateral
RIGHTS OF THIRD PARTIES;
PERFECTED AND UNPERFECTED
SECURITY INTERESTS;
RULES OF PRIORITY
1309.20   Persons who take priority over unperfected security
interest; lien creditor defined

1309.21
1309.21
1309.22
1309.23
1309.24
1309.25
1309.26
1309.27
1309.28
1309.29
1309.30
1309.31
1309.32
1309.33
1309.34
1309.35
1309.36
1309.37
1309.38
1309.39
1309.40
1309.41
1309.42
1309.43
1309.43 I
1309.44
1309.45
1309.46
1309.47

When filing is required to perfect security interest;
applicability
When filing is required to perfect security interest;
applicability. exceptions
When security interest is perfected; continuity of
perfection; effect of prior security interest
Perfection of security interest in instruments, docu-
ments, and goods covered by documents: perfec-
tion by permissive filing; temporary perfection
without filing or transfer of possession
When possession by secured party perfects security
interest without filing
Proceeds defined; secured party's rights on disposi-
tion of collateral
Protection of buyers of goods
Purchase of chattel paper and nonnegotiable instru-
ments
Protection of purchaser of instrument and document
Priority of certain liens arising by operation of law
Alienability of debtor's fights; judicial process
Priorities among conflicting security interests in the
same collateral
Priority of security interests in fixtures
Accessions
Priority when goods are commingled or processed
Priority subject to subordination
Secured party not obligated on contract of debtor
Defenses against assignee; modification of contract
after notification of assignment; term prohibiting
assignment ineffective; identification and proof of
assignment
FILING
Place of filing; erroneous filing; removal of collateral
Formal requisites of financing statement; amend-
ments
What constitutes filing; duration of filing; effect of
lapsed filing; duties of filing officer
Termination statement
Assignment of security interest; duties of filing of-
ficer: fees
Release of collateral; duties of filing officer: fees
Filing of financing statement by consignor or lessor;
effects
DEFAULT
Default; procedure when security agreement covers
both real and personal property
Collection rights of secured party
Secured party's right to take possession after default
Secured party's right to dispose of collateral after de-
fault; effect of disposition

July 1978 Replacement Unit

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Ch 1309

44
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