There Is a Newer Version of the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 95 - Filing
Section 9505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments and other transactions
§ 9505. Filing and compliance with other statutes and treaties
for consignments, leases, other bailments and other
transactions.
(a) Use of terms other than "debtor" and "secured party".--A
consignor, lessor or other bailor of goods, a licensor or a
buyer of a payment intangible or promissory note may file a
financing statement or may comply with a statute or treaty
described in section 9311(a) (relating to perfection of security
interests in property subject to certain statutes, regulations
and treaties), using the terms "consignor," "consignee,"
"lessor," "lessee," "bailor," "bailee," "licensor," "licensee,"
"owner," "registered owner," "buyer," "seller" or words of
similar import, instead of the terms "secured party" and
"debtor."
(b) Effect of financing statement under subsection (a).--
This chapter applies to the filing of a financing statement
under subsection (a) and, as appropriate, to compliance which is
equivalent to filing a financing statement under section
9311(b), but the filing or compliance is not of itself a factor
in determining whether the collateral secures an obligation. If
it is determined for another reason that the collateral secures
an obligation, a security interest held by the consignor,
lessor, bailor, licensor, owner or buyer which attaches to the
collateral is perfected by the filing or compliance.
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