{"data":{"id":"us-nj/n.j.-stat.-12a-9-110","jurisdiction":"us-nj","citation":"N.J. Stat. § 12A:9-110","heading":"Security interests arising under Chapter 2 or 2A","body":"Security Interests Arising under Chapter 2 or 2A.\nA security interest arising under 12A:2-401, 12A:2-505, 12A:2-711(3), or 12A:2A-508(5) is subject to this chapter.  However, until the debtor obtains possession of the goods:\n(1)\tthe security interest is enforceable, even if 12A:9-203 b.(3) has not been satisfied;\n(2)\tfiling is not required to perfect the security interest;\n(3)\tthe rights of the secured party after default by the debtor are governed by Chapter 2 or 2A; and\n(4)\tthe security interest has priority over a conflicting security interest created by the debtor.\nL.2001, c.117, s.1.","path":["TITLE 12A COMMERCIAL TRANSACTIONS"],"source_url":"https://pub.njleg.state.nj.us/statutes/STATUTES-TEXT.zip","current_through":"P.L.2025, c.405, and J.R.22","vintage":"","retrieved_at":"2026-08-27T17:54:13Z","sha256":"a9ab7039545b68ba94af3cc48f002700dc140db6c76f54b6bbb3734217baf04e","source_id":"us-nj","stale":true,"prev":"us-nj/n.j.-stat.-12a-9-109","next":"us-nj/n.j.-stat.-12a-9-201"},"notice":"GroundRules: Original legal text. Not legal advice."}