{"data":{"id":"us-ct/conn.-gen.-stat.-42a-9-205","jurisdiction":"us-ct","citation":"Conn. Gen. Stat. § 42a-9-205","heading":"Use or disposition of collateral permissible.","body":"(a) A security interest is not invalid or fraudulent against creditors solely because:\n(1) The debtor has the right or ability to:\n(A) Use, commingle or dispose of all or part of the collateral, including returned or repossessed goods;\n(B) Collect, compromise, enforce or otherwise deal with collateral;\n(C) Accept the return of collateral or make repossessions; or\n(D) Use, commingle or dispose of proceeds; or\n(2) The secured party fails to require the debtor to account for proceeds or replace collateral.\n(b) This section does not relax the requirements of possession if attachment, perfection or enforcement of a security interest depends upon possession of the collateral by the secured party.","path":["TITLE 42a. UNIFORM COMMERCIAL CODE","ARTICLE 9*. SECURED TRANSACTIONS","PART 2. EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT"],"source_url":"https://www.cga.ct.gov/current/pub/art_009.htm#sec_42a-9-205","current_through":"Revised to January 1, 2026 (2026 Supplement to the General Statutes of Connecticut, applied over the base revision of January 1, 2025)","vintage":"","retrieved_at":"2026-09-06T19:07:15Z","sha256":"6070daf7a9b3cd2d17f022c46f6736c54a5e9dcb83efd87c25d9dca3f9c08078","source_id":"us-ct","stale":false,"prev":"us-ct/conn.-gen.-stat.-42a-9-204","next":"us-ct/conn.-gen.-stat.-42a-9-206"},"notice":"GroundRules: Original legal text. Not legal advice."}