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2019 Louisiana Laws
Revised Statutes
Title 10 - Commercial Laws
CHAPTER 1. GENERAL PROVISIONS
PART 1. GENERAL PROVISIONS
- §1-101. Short titles
- §1-102. Scope of Chapter
- §1-103. Construction of Uniform Commercial Code to promote its purposes and policies; applicability of supplemental principles of law
- §1-104. Construction against implied repeal
- §1-105. Reserved
- §1-106. Reserved.
- §1-107. Reserved.
- §1-108. Relation to Electronic Signatures in Global and National Commerce Act
PART 2. GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION
- §1-201. General definitions
- §1-202. Notice; knowledge
- §1-203. Lease distinguished from security interest
- §1-204. Value
- §1-205. Reasonable time; seasonableness
- §1-206. Presumptions
PART 3. TERRITORIAL APPLICABILITY AND GENERAL RULES
- §1-301. Territorial applicability; parties' power to choose applicable law
- §1-302. Variation by agreement
- §1-303. Course of performance, course of dealing, and usage of trade
- §1-304. Obligation of good faith
- §1-305. Remedies to be liberally administered
- §1-306. Reserved
- §1-307. Prima facie evidence by third-party documents
- §1-308. Performance or acceptance under reservation of rights
- §1-309. Option to accelerate at will
- §1-310. Subordinated obligations
CHAPTER 3. NEGOTIABLE INSTRUMENTS
PART 1. GENERAL PROVISIONS AND DEFINITIONS
- §3-101. Short title
- §3-102. Subject matter
- §3-103. Definitions
- §3-104. Negotiable instrument
- §3-105. Issue of instrument
- §3-106. Unconditional promise or order
- §3-107. Instrument payable in foreign money
- §3-108. Payable on demand or at definite time
- §3-109. Payable to bearer or to order
- §3-110. Identification of person to whom instrument is payable
- §3-111. Place of payment
- §3-112. Interest
- §3-113. Date of instrument
- §3-114. Contradictory terms of instrument
- §3-115. Incomplete instrument
- §3-116. Joint and several liability; contribution
- §3-117. Other agreements affecting instrument
- §3-118. Prescription
- §3-119. REPEALED BY ACTS 1993, NO. 948, 7, EFF. JAN. 1, 1994.
PART 2. NEGOTIATION, TRANSFER, AND INDORSEMENT
- §3-201. NEGOTIATION, TRANSFER, AND INDORSEMENT
- §3-202. Negotiation subject to rescission
- §3-203. Transfer of instrument; rights acquired by transfer
- §3-204. Indorsement
- §3-205. Special indorsement; blank indorsement; anomalous indorsement
- §3-206. Restrictive indorsement
- §3-207. Reacquisition
PART 3. ENFORCEMENT OF INSTRUMENTS
- §3-301. ENFORCEMENT OF INSTRUMENTS
- §3-302. Holder in due course
- §3-303. Value and consideration
- §3-304. Overdue instrument
- §3-305. Defenses and claims in recoupment
- §3-306. Claims to an instrument
- §3-307. Notice of breach of fiduciary duty
- §3-308. Proof of signatures and status as holder in due course
- §3-309. Enforcement of lost, destroyed, or stolen instrument
- §3-310. Effect of instrument on obligation for which taken
- §3-311. Accord and satisfaction by use of instrument
- §3-312. Lost, destroyed, or stolen cashier's check, teller's check, certified check, or money order
PART 4. LIABILITY OF PARTIES
- §3-401. LIABILITY OF PARTIES
- §3-402. Signature by representative
- §3-403. Unauthorized signature
- §3-404. Impostors; fictitious payees
- §3-405. Employer's responsibility for fraudulent indorsement by employee
- §3-406. Negligence contributing to forged signature or alteration of instrument
- §3-407. Alteration
- §3-408. Drawee not liable on unaccepted draft
- §3-409. Acceptance of draft; certified check
- §3-410. Acceptance varying draft
- §3-411. Refusal to pay cashier's checks, teller's checks, and certified checks
- §3-412. Obligation of issuer of note or cashier's check
- §3-413. Obligation of acceptor
- §3-414. Obligation of drawer
- §3-415. Obligation of indorser
- §3-416. Transfer warranties
- §3-417. Presentment warranties
- §3-418. Payment or acceptance by mistake
- §3-419. Instruments signed for accommodation
- §3-420. Conversion of instrument
PART 5. DISHONOR
- §3-501. DISHONOR
- §3-502. Dishonor
- §3-503. Notice of dishonor
- §3-504. Excused presentment and notice of dishonor
- §3-505. Evidence of dishonor
PART 6. DISCHARGE AND PAYMENT
- §3-601. DISCHARGE AND PAYMENT
- §3-602. Payment
- §3-603. Tender of payment
- §3-604. Discharge by cancellation or renunciation
CHAPTER 4. BANK DEPOSITS AND COLLECTIONS
PART 1. GENERAL PROVISIONS AND DEFINITIONS
- §4-101. Short title
- §4-102. Applicability
- §4-103. Variation by agreement; measure of damages; action constituting ordinary care
- §4-104. Definitions and index of definitions
- §4-105. Bank"; "depositary bank"; "payor bank"; "intermediary bank"; "collecting bank"; "presenting bank"
- §4-106. Payable through or payable at bank; collecting bank
- §4-107. Separate office of bank
- §4-108. Time of receipt of items
- §4-109. Delays
- §4-110. Electronic presentment
- §4-111. Prescription
PART 2. COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS
- §4-201. COLLECTION OF ITEMS: DEPOSITARY
- §4-202. Responsibility for collection or return; when action timely
- §4-203. Effect of instructions
- §4-204. Methods of sending and presenting; sending directly to payor bank
- §4-205. Depositary bank holder of unindorsed item
- §4-206. Transfer between banks
- §4-207. Transfer warranties
- §4-208. Presentment warranties
- §4-209. Encoding and retention warranties
- §4-210. Security interest of collecting bank in items, accompanying documents and proceeds
- §4-211. When bank gives value for purposes of holder in due course
- §4-212. Presentment by notice of item not payable by, through, or at a bank; liability of drawer or indorser
- §4-213. Medium and time of settlement by bank
- §4-214. Right of charge-back or refund; liability of collecting bank; return of item
- §4-215. Final payment of item by payor bank; when provisional debits and credits become final; when certain credits become available for withdrawal
- §4-216. Insolvency and preference
PART 3. COLLECTION OF ITEMS: PAYOR BANKS
- §4-301. COLLECTION OF ITEMS: PAYOR BANKS
- §4-302. Payor bank's responsibility for late return of item
- §4-303. When items subject to notice, stop-payment order, legal process, or setoff; order in which items may be charged or certified
PART 4. RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMERS
- §4-401. RELATIONSHIP BETWEEN PAYOR
- §4-402. Bank's liability to customer for wrongful dishonor; time of determining insufficiency of account
- §4-403. Customer's right to stop payment; burden of proof of loss
- §4-404. Bank not obliged to pay check more than six months old
- §4-405. Death or interdiction of customer
- §4-406. Customer's duty to discover and report unauthorized signature or alteration
- §4-407. Payor bank's right to subrogation on improper payment
PART 5. COLLECTION OF DOCUMENTARY DRAFTS
- §4-501. COLLECTION OF DOCUMENTARY DRAFTS
- §4-502. Presentment of "on arrival" drafts
- §4-503. Responsibility of presenting bank for documents and goods; report of reasons for dishonor; referee in case of need
- §4-504. Privilege of presenting bank to deal with goods; security interest for expenses
CHAPTER 4-A. FUNDS TRANSFERS
PART 1. SUBJECT MATTER AND DEFINITIONS
- §4A-101. Short Title
- §4A-102. Subject Matter
- §4A-103. Payment Order - Definitions
- §4A-104. Funds Transfer - Definitions
- §4A-105. Other definitions
- §4A-106. Time payment order is received
- §4A-107. Federal reserve regulations and operating circulars
- §4A-108. Relationship to the federal Electronic Fund Transfer Act
PART 2. ISSUE AND ACCEPTANCE OF PAYMENT ORDER
- §4A-201. ISSUE AND ACCEPTANCE OF PAYMENT ORDER
- §4A-202. Authorized and verified payment orders
- §4A-203. Unenforceability of certain verified payment orders
- §4A-204. Refund of payment and duty of customer to report with respect to unauthorized payment order
- §4A-205. Erroneous payment orders
- §4A-206. Transmission of payment order through funds-transfer or other communication
- §4A-207. Misdescription of beneficiary
- §4A-208. Misdescription of intermediary bank or beneficiary's bank
- §4A-209. Acceptance of payment order
- §4A-210. Rejection of payment order
- §4A-211. Cancellation and amendment of payment order
- §4A-212. Liability and duty of receiving bank regarding unaccepted payment order
PART 3. EXECUTION OF SENDER'S PAYMENT ORDER BY RECEIVING BANKS
- §4A-301. EXECUTION OF SENDER'S PAYMENT ORDER
- §4A-302. Obligations of receiving bank in execution of payment order
- §4A-303. Erroneous execution of payment order
- §4A-304. Duty of sender to report erroneously executed payment order
- §4A-305. Liability for late or improper execution or failure to execute payment order
PART 4. PAYMENT
- §4A-401. PAYMENT
- §4A-402. Obligation of sender to pay receiving bank
- §4A-403. Payment by sender to receiving bank
- §4A-404. Obligation of beneficiary's bank to pay and give notice to beneficiary
- §4A-405. Payment by beneficiary's bank to beneficiary
- §4A-406. Payment by originator to beneficiary; discharge of underlying obligation
PART 5. MISCELLANEOUS PROVISIONS
- §4A-501. MISCELLANEOUS PROVISIONS
- §4A-502. Creditor process served on receiving bank; setoff by beneficiary's bank
- §4A-503. Injunction or restraining order with respect to funds transfer
- §4A-504. Order in which items and payment orders may be charged to account; order of withdrawals from account
- §4A-505. Preclusion of objection to debit of customer's account
- §4A-506. Rate of interest
- §4A-507. Choice of law
CHAPTER 5. LETTERS OF CREDIT
- §5-101. Short title
- §5-102. Definitions
- §5-103. Scope
- §5-104. Formal requirements
- §5-105. Consideration
- §5-106. Issuance, amendment, cancellation, and duration
- §5-107. Confirmor, nominated person, and adviser
- §5-108. Issuer's rights and obligations
- §5-109. Fraud and forgery
- §5-110. Warranties
- §5-111. Remedies
- §5-112. Transfer of letter of credit
- §5-113. Transfer by operation of law
- §5-114. Assignment of proceeds
- §5-115. Statute of limitations
- §5-116. Choice of law and forum
- §5-117. Subrogation of issuer, applicant, and nominated person
- §5-118. Security interest of issuer or nominated person
CHAPTER 6. BLANK
CHAPTER 7. DOCUMENTS OF TITLE
PART 1. GENERAL
- §7-101. Short title
- §7-102. Definitions and index of definitions
- §7-103. Relation of Chapter to treaty or statute
- §7-104. Negotiable and nonnegotiable document of title
- §7-105. Reissuance in alternative medium
- §7-106. Control of electronic document of title
PART 2. WAREHOUSE RECEIPTS: SPECIAL PROVISIONS
- §7-201. Person that may issue a warehouse receipt; storage under bond
- §7-202. Form of warehouse receipt; effect of omission
- §7-203. Liability for nonreceipt or misdescription
- §7-204. Duty of care; contractual limitation of warehouse's liability
- §7-205. Title under warehouse receipt defeated in certain cases
- §7-206. Termination of storage at warehouse's option
- §7-207. Goods must be kept separate; fungible goods
- §7-208. Altered warehouse receipts
- §7-209. Lien of warehouse
- §7-210. Enforcement of warehouse's lien
PART 3. BILLS OF LADING: SPECIAL PROVISIONS
- §7-301. Liability for nonreceipt or misdirection; "said to contain"; "shipper's weight, load, and count"; improper handling
- §7-302. Through bills of lading and similar documents of title
- §7-303. Diversion; reconsignment; change of instructions
- §7-304. Tangible bills of lading in a set
- §7-305. Destination bills
- §7-306. Altered bills of lading
- §7-307. Lien of carrier
- §7-308. Enforcement of carrier's lien
- §7-309. Duty of care; contractual limitation of carrier's liability
PART 4. WAREHOUSE RECEIPTS AND BILLS OF LADING: GENERAL OBLIGATIONS
- §7-401. Irregularities in issue of receipt or bill or conduct of issuer
- §7-402. Duplicate receipt or bill; overissue
- §7-403. Obligation of bailee to deliver; excuse
- §7-404. No liability for good faith delivery pursuant to document of title
PART 5. WAREHOUSE RECEIPTS AND BILLS OF LADING: NEGOTIATION AND TRANSFER
- §7-501. Form of negotiation and requirements of "due negotiation"
- §7-502. Rights acquired by due negotiation
- §7-503. Document of title to goods defeated in certain cases
- §7-504. Rights acquired in absence of due negotiation; effect of diversion; stoppage of delivery
- §7-505. Endorser not a guarantor for other parties
- §7-506. Delivery without endorsement; right to compel endorsement
- §7-507. Warranties on negotiation or delivery of document of title
- §7-508. Warranties of collecting bank as to documents of title
- §7-509. Adequate compliance with commercial contract
PART 6. WAREHOUSE RECEIPTS AND BILLS OF LADING: MISCELLANEOUS PROVISIONS
- §7-601. Lost, stolen, or destroyed documents of title
- §7-602. Judicial process against goods covered by negotiable document of title
- §7-603. Conflicting claims; concursus
- §7-604. Fraud through the use of a document of title
CHAPTER 8. INVESTMENT SECURITIES
PART 1. SHORT TITLE AND GENERAL MATTERS
- §8-101. INVESTMENT SECURITIES
- §8-102. Definitions
- §8-103. Rules for determining whether certain obligations and interests are securities or financial assets
- §8-104. Acquisition of security or financial asset or interest therein
- §8-105. Notice of adverse claim
- §8-106. Control
- §8-107. Whether indorsement, instruction, or entitlement order is effective
- §8-108. Warranties in direct holding
- §8-109. Warranties in indirect holding
- §8-110. Applicability; choice of law
- §8-111. Clearing corporation rules
- §8-112. Creditor's legal process
- §8-113. Statute of frauds inapplicable
- §8-114. Evidentiary rules concerning certificated securities
- §8-115. Securities intermediary and others not liable to adverse claimant
- §8-116. Securities intermediary as purchaser for value
PART 2. ISSUE AND ISSUER
- §8-201. ISSUE AND ISSUER
- §8-202. Issuer's responsibility and defenses; notice of defect or defense
- §8-203. Staleness as notice of defect or defense
- §8-204. Effect of issuer's restriction on transfer
- §8-205. Effect of unauthorized signature on security certificate
- §8-206. Completion or alteration of security certificate
- §8-207. Rights and duties of issuer with respect to registered owners
- §8-208. Effect of signature of authenticating trustee, registrar, or transfer agent
- §8-209. Issuer's lien
- §8-210. Overissue
PART 3. TRANSFER OF CERTIFICATED AND UNCERTIFICATED SECURITIES
- §8-301. TRANSFER OF CERTIFICATED
- §8-302. Rights of purchaser
- §8-303. Protected purchaser
- §8-304. Indorsement
- §8-305. Instruction
- §8-306. Effect of guaranteeing signature, indorsement, or instruction
- §8-307. Purchaser's right to requisites for registration of transfer
PART 4. REGISTRATION
- §8-401. REGISTRATION
- §8-402. Assurance that indorsement or instruction is effective
- §8-403. Demand that issuer not register transfer
- §8-404. Wrongful registration
- §8-405. Replacement of lost, destroyed, or wrongfully taken security certificate
- §8-406. Obligation to notify issuer of lost, destroyed, or wrongfully taken security certificate
- §8-407. Authenticating trustee, transfer agent, and registrar
PART 5. SECURITY ENTITLEMENTS
- §8-501. SECURITY ENTITLEMENTS
- §8-502. Assertion of adverse claim against entitlement holder
- §8-503. Property interest of entitlement holder in financial asset held by securities intermediary
- §8-504. Duty of securities intermediary to maintain financial asset
- §8-505. Duty of securities intermediary with respect to payments and distributions
- §8-506. Duty of securities intermediary to exercise rights as directed by entitlement holder
- §8-507. Duty of securities intermediary to comply with entitlement order
- §8-508. Duty of securities intermediary to change entitlement holder's position to other form of security holding
- §8-509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder
- §8-510. Rights of purchaser of security entitlement from entitlement holder
- §8-511. Priority among security interests and entitlement holders
CHAPTER 9. SECURED TRANSACTIONS
PART 1. GENERAL PROVISIONS
SUBPART
1. SHORT TITLE, DEFINITIONS, AND GENERAL CONCEPTS
- §9-101. SECURED TRANSACTIONS
- §9-102. Definitions and index of definitions
- §9-103. Purchase-money security interest; application of payments; burden of establishing purchase-money security interest
- §9-104. Control of deposit account
- §9-105. Control of electronic chattel paper
- §9-106. Control of investment property
- §9-107. Control of letter-of-credit right
- §9-107.1. Control over life insurance policy
- §9-107.2. Control conditioned on default
- §9-108. Sufficiency of description
- §9-109. Scope
PART 2. EFFECTIVENESS OF SECURITY AGREEMENT; ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT
SUBPART
1. EFFECTIVENESS AND ATTACHMENT
- §9-201. General effectiveness of security agreement
- §9-202. Title to collateral immaterial
- §9-203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites
- §9-204. After-acquired property; future advances
- §9-205. Use or disposition of collateral permissible
- §9-206. Security interest arising in purchase or delivery of financial asset
SUBPART
2. RIGHTS AND DUTIES
- §9-207. Rights and duties of secured party having possession or control of collateral
- §9-208. Additional duties of secured party having control of collateral
- §9-209. Duties of secured party if account debtor has been notified of assignment
- §9-210. Request for accounting; request regarding list of collateral or statement of account
- §9-211. Repealed by Acts 2006, 1st Ex. Sess., No. 14, §2, eff. Feb. 23, 2006, and Acts 2006, 1st Ex. Sess., No. 21, §2, eff. April 1, 2006.
PART 3. PERFECTION AND PRIORITY
SUBPART
1. LAW GOVERNING PERFECTION AND PRIORITY
- §9-301. Law governing perfection and priority of security interests
- §9-302. Law governing perfection and priority of agricultural liens
- §9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title
- §9-304. Law governing perfection and priority of security interests in deposit accounts
- §9-305. Law governing perfection and priority of security interests in investment property
- §9-306. Law governing perfection and priority of security interests in letter-of-credit rights
- §9-307. Location of debtor
SUBPART
2. PERFECTION
- §9-308. When security interest or agricultural lien is perfected; continuity of perfection
- §9-309. Security interest perfected upon attachment
- §9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
- §9-311. Perfection of security interests in property subject to certain statutes, regulations, and treaties
- §9-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered documents, instruments, investment property, letter-of-credit rights, money, life insurance policies, and collateral mortgage notes; perfection by permissive filing; temporary perfection without filing or transfer of possession
- §9-313. When possession by or delivery to secured party perfects security interest without filing
- §9-314. Perfection by control
- §9-315. Secured party's rights on disposition of collateral and in proceeds
- §9-316. Continued perfection of security interest following change in governing law
SUBPART
3. PRIORITY
- §9-317. Interests that take priority over or take free of security interest or agricultural lien
- §9-318. No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers
- §9-319. Rights and title of consignee with respect to creditors and purchasers
- §9-320. Buyer of goods
- §9-321. Licensee of general intangible and lessee of goods in ordinary course of business
- §9-322. Priorities among conflicting security interests in and agricultural liens on same collateral
- §9-323. Future advances
- §9-324. Priority of purchase-money security interests
- §9-325. Priority of security interests in transferred collateral
- §9-326. Priority of security interests created by new debtor
- §9-327. Priority of security interests in deposit account
- §9-328. Priority of security interests in investment property
- §9-329. Priority of security interests in letter-of-credit right
- §9-329.1. Priority of security interest in a life insurance policy
- §9-330. Priority of purchase of chattel paper or instrument
- §9-331. Priority of rights of purchasers of instruments, documents, and securities under other Chapters; priority of interests in financial assets and security entitlements under Chapter 8
- §9-332. Transfer of money; transfer of funds from deposit account
- §9-333. Priority of certain liens arising by operation of law
- §9-334. Priority of security interests in fixtures and crops
- §9-335. Accessions
- §9-336. Commingled goods
- §9-337. Priority of security interests in goods covered by certificate of title
- §9-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
- §9-339. Priority subject to subordination
SUBPART
4. RIGHTS OF BANK
- §9-340. Effectiveness of right of compensation, recoupment, or set-off against deposit account
- §9-341. Bank's rights and duties with respect to deposit account
- §9-342. Bank's right to refuse to enter into or disclose existence of control agreement
- §9-343. Control agreement not automatic subordination
SUBPART
5. RIGHTS OF LIFE INSURANCE COMPANIES
PART 4. RIGHTS OF THIRD PARTIES
- §9-401. Alienability of debtor's rights
- §9-402. Secured party not obligated on contract of debtor or in tort
- §9-403. Agreement not to assert defenses against assignee
- §9-404. Rights acquired by assignee; claims and defenses against assignee
- §9-405. Modification of assigned contract
- §9-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffectiveineffective
- §9-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
- §9-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
- §9-409. Restrictions on assignment of letter-of-credit rights ineffective
- §9-410. Relation to the Louisiana Trust Code
- §9-411. Judgments and litigious rights
- §9-412. Discharge of tortfeasor; notification and filing of assignment
PART 5. FILING
SUBPART
1. FILING OFFICE; CONTENTS AND EFFECTIVENESS OF FINANCING STATEMENT
- §9-501. Filing office
- §9-502. Contents of financing statement; time of filing financing statement
- §9-503. Name of debtor and secured party
- §9-504. Indication of collateral
- §9-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions
- §9-506. Effect of errors or omissions
- §9-507. Effect of certain events on effectiveness of financing statement
- §9-508. Effectiveness of financing statement if new debtor becomes bound by security agreement
- §9-509. Persons entitled to file a record
- §9-510. Effectiveness of filed record
- §9-511. Secured party of record
- §9-512. Amendment of financing statement
- §9-513. Termination statement
- §9-514. Assignment of powers of secured party of record
- §9-514.1. Master assignments and master amendments
- §9-515. Duration and effectiveness of financing statement; effect of lapsed financing statement
- §9-516. What constitutes filing; effectiveness of filing
- §9-517. Effect of indexing errors
- §9-518. Claim concerning inaccurate or wrongfully filed record
SUBPART
2. DUTIES AND OPERATION OF FILING OFFICE
- §9-519. Numbering, maintaining, and indexing records; communicating information provided in records
- §9-520. Acceptance and refusal to accept record
- §9-521. Uniform form of written financing statement and amendment
- §9-522. Maintenance and destruction of records
- §9-523. Information from filing office; sale or license of records
- §9-524. Delay by filing office
- §9-525. Fees
- §9-526. Filing-office rules
PART 6. DEFAULT
SUBPART
1. DEFAULT AND ENFORCEMENT OF SECURITY INTEREST
- §9-601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
- §9-602. Waiver and variance of rights and duties
- §9-603. Agreement on standards concerning rights and duties
- §9-604. Procedure if security agreement covers real property or fixtures
- §9-605. Unknown debtor or secondary obligor
- §9-606. Time of default for agricultural lien
- §9-607. Collection and enforcement by secured party
- §9-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
- §9-609. Secured party's right to take possession after default
- §9-610. Disposition of collateral after default
- §9-611. Notification before disposition of collateral
- §9-612. Timeliness of notification before disposition of collateral
- §9-613. Contents and form of notification before disposition of collateral: general
- §9-614. Contents and form of notification before disposition of collateral: consumer-goods transaction
- §9-615. Application of proceeds of disposition; liability for deficiency and right to surplus
- §9-616. Explanation of calculation of surplus or deficiency
- §9-617. Rights of transferee of collateral
- §9-618. Rights and duties of certain secondary obligors
- §9-619. Transfer of record or legal title
- §9-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
- §9-621. Notification of proposal to accept collateral
- §9-622. Effect of acceptance of collateral
- §9-623. Right to redeem collateral
- §9-624. Waiver
SUBPART
2. NONCOMPLIANCE WITH
CHAPTER
- §9-625. Remedies for secured party's failure to comply with Chapter
- §9-626. Action in which deficiency or surplus is in issue
- §9-627. Determination of whether conduct was commercially reasonable
- §9-628. Nonliability and limitation on liability of secured party; liability of secondary obligor
SUBPART
3. JUDICIAL PROCEEDINGS
PART 7. TRANSITION
- §9-701. Effective date
- §9-702. Savings clause
- §9-703. Security interest perfected before July 1, 2001
- §9-704. Security interest unperfected before July 1, 2001
- §9-705. Effectiveness of action taken before July 1, 2001
- §9-706. When initial financing statement suffices to continue effectiveness of financing statement
- §9-707. Amendment of pre-effective date financing statement
- §9-708. Persons entitled to file initial financing statement or continuation statement
- §9-709. Priority
- §9-710. Definitions; filing under repealed laws
PART 8. EFFECTIVENESS
- §9-801. Definition of "Act"; effective date
- §9-802. Savings clause
- §9-803. Security interest perfected before effective date
- §9-804. Security interest unperfected before effective date
- §9-805. Effectiveness of action taken before effective date
- §9-806. When initial financing statement suffices to continue effectiveness of financing statement
- §9-807. Amendment of pre-effective-date financing statement
- §9-808. Person entitled to file initial financing statement or continuation statement
- §9-809. Priority
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