There Is a Newer Version
of
the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 93 - Perfection and Priority
Section 9336 - Commingled goods
§ 9336. Commingled goods.
(a) Commingled goods.--As used in this section, the term
"commingled goods" means goods which are physically united with
other goods in such a manner that their identity is lost in a
product or mass.
(b) No security interest in commingled goods as such.--A
security interest does not exist in commingled goods as such.
However, a security interest may attach to a product or mass
which results when goods become commingled goods.
(c) Attachment of security interest to product or mass.--If
collateral becomes commingled goods, a security interest
attaches to the product or mass.
(d) Perfection of security interest.--If a security interest
in collateral is perfected before the collateral becomes
commingled goods, the security interest which attaches to the
product or mass under subsection (c) is perfected.
(e) Priority of security interest.--Except as otherwise
provided in subsection (f), the other provisions of this chapter
determine the priority of a security interest which attaches to
the product or mass under subsection (c).
(f) Conflicting security interests in product or mass.--If
more than one security interest attaches to the product or mass
under subsection (c), the following rules determine priority:
(1) A security interest which is perfected under
subsection (d) has priority over a security interest which is
unperfected at the time the collateral becomes commingled
goods.
(2) If more than one security interest is perfected
under subsection (d), the security interests rank equally in
proportion to the value of the collateral at the time it
became commingled goods.
Cross References. Section 9336 is referred to in section
9315 of this title.
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