{"data":{"id":"us-il/810-ilcs-5-9-110","jurisdiction":"us-il","citation":"810 ILCS 5/9-110","heading":"Security interests arising under Article 2 or 2A.","body":"A security interest arising under Section 2-401, 2-505, 2-711(3), or 2A-508(5) is subject to this Article. However, until the debtor obtains possession of the goods:\n(1) the security interest is enforceable, even if Section 9-203(b)(3) has not been satisfied;\n(2) filing is not required to perfect the security interest;\n(3) the rights of the secured party after default by the debtor are governed by Article 2 or 2A; and\n(4) the security interest has priority over a conflicting security interest created by the debtor.","path":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"747093e892f7a1444bacc4c10ccfe2689a56725083b19294803ebd964e6535ee","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-9-109","next":"us-il/810-ilcs-5-9-112"},"notice":"GroundRules: Original legal text. Not legal advice."}