GroundRules
D.C. Code § 28:9-201: General effectiveness of security agreement.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Subtitle I. Uniform Commercial Code.
- Article 9. Secured Transactions.
- Part II. Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement.
- Subpart 1. Effectiveness and Attachment.
(a)
Except as otherwise provided in Subtitle I of Title 28, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.
(b)
A transaction subject to this article is subject to any applicable rule of law which establishes a different rule for consumers and §§ 28-3301 to 28-3314.
(c)
In case of conflict between this article and a rule of law, statute, or regulation described in subsection (b), the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in subsection (b) has only the effect the statute or regulation specifies.
(d)
This article does not:
(1)
Validate any rate, charge, agreement, or practice that violates a rule of law, statute, or regulation described in subsection (b); or
(2)
Extend the application of the rule of law, statute, or regulation to a transaction not otherwise subject to it.
Collected 2026-08-29T05:44:07Z. Source file · JSON