2006 New York Code - Perfection Of Security Interests

 
    § 6234. Perfection  of security interests.  If made in connection with
  the design, construction, acquisition,  reconstruction,  rehabilitation,
  lease,  improvement,  operation, maintenance, furnishing or equipping of
  community or senior college facilities, any pledge of or other  security
  interest  in  moneys,  earnings,  income,  revenues,  accounts, contract
  rights, general intangibles or other personal  property,  or  any  other
  resources  held, made or created by the city university or on its behalf
  by any duly authorized officer, employee or agent  thereof,  or  by  any
  other person to secure such person's obligations to the city university,
  shall  be valid, binding and perfected from the time when such pledge or
  other security interest attaches, without any physical delivery  of  the
  collateral or further act. The lien of any such pledge or other security
  interest  shall  be  valid, binding and perfected as against all parties
  having claims of any kind in tort, contract  or  otherwise  against  the
  city  university irrespective of whether or not such parties have notice
  thereof. No instrument by which such a pledge or  security  interest  is
  created  nor  any  financing  statement  need be recorded or filed. This
  section shall  apply  notwithstanding  the  provisions  of  the  uniform
  commercial code.