N.Y. Uniform Commercial Code Law Section 9-110
Security Interests Arising Under Article 2 or 2-A

Section 9--110. Security Interests Arising Under Article 2 or 2-A. A security interest arising under Section 2--401, 2--505, 2--711(3), or 2-A-508(5) is subject to this article. However, until the debtor obtains possession of the goods:

(1)

the security interest is enforceable, even if Section 9--203(b)(3) has not been satisfied;

(2)

filing is not required to perfect the security interest;

(3)

the rights of the secured party after default by the debtor are governed by Article 2 or 2-A; and

(4)

the security interest has priority over a conflicting security interest created by the debtor.

Source: Section 9-110 — Security Interests Arising Under Article 2 or 2-A, https://www.­nysenate.­gov/legislation/laws/UCC/9-110 (updated Sep. 22, 2014; accessed May 11, 2024).

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Accessed:
May 11, 2024

Last modified:
Sep. 22, 2014

§ 9-110’s source at nysenate​.gov

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