GroundRules
11 M.R.S. §9-1202: Title to collateral immaterial
Where this section sits in the code
- TITLE 11: UNIFORM COMMERCIAL CODE
- PART 2: EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT
Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles or promissory notes, the provisions of this Article with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.
Collected 2026-09-04T15:12:25Z. Source file · JSON