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https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-104/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-104 - Transactions Excluded From Article. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-104 - Transactions Excluded From Article. | Section 7-9-104
Transactions excluded from article.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1965, 3rd Ex. Sess., No. 30, p. 237, §2; Acts 1981, No. 81-312, p. 399; Acts 1997, No. 97-702, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-105/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-105 - Definitions and Index of Definitions. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-105 - Definitions and Index of Definitions. | Section 7-9-105
Definitions and index of definitions.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1995, No. 95-668, p. 1381, §4; Acts 1996, No. 96-742, p. 1241, §2; Acts 1997, No. 97-702, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-106/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-106 - Definitions: "Account"; "General intangibles." | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-106 - Definitions: "Account"; "General intangibles." | Section 7-9-106
Definitions: "Account"; "general intangibles."
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1996, No. 96-742, p. 1241, §2; Acts 1997, No. 97-702, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-107/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-107 - Definitions: "Purchase Money Security interest." | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-107 - Definitions: "Purchase Money Security interest." | Section 7-9-107
Definitions: "Purchase money security interest."
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-108/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-108 - When After-Acquired Collateral Not Security for Antecedent Debt. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-108 - When After-Acquired Collateral Not Security for Antecedent Debt. | Section 7-9-108
When after-acquired collateral not security for antecedent debt.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-109/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-109 - Classification of Goods; "Consumer Goods"; "Equipment"; "Farm Products"; "Inve... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-109 - Classification of Goods; "Consumer Goods"; "Equipment"; "Farm Products"; "Inventory". | Section 7-9-109
Classification of goods; "consumer goods"; "equipment"; "farm products"; "inventory".
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-110/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-110 - Sufficiency of Description. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-110 - Sufficiency of Description. | Section 7-9-110
Sufficiency of description.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-111/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-111 - Applicability of Bulk Transfer Laws. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-111 - Applicability of Bulk Transfer Laws. | Section 7-9-111
Applicability of bulk transfer laws.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-112/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-112 - Where Collateral Is Not Owned by Debtor. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-112 - Where Collateral Is Not Owned by Debtor. | Section 7-9-112
Where collateral is not owned by debtor.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-113/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-113 - Security Interests Arising Under the Article on Sales or Under the Article on ... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-113 - Security Interests Arising Under the Article on Sales or Under the Article on Leases. | Section 7-9-113
Security interests arising under the article on sales or under the article on leases.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1992, 2nd Ex. Sess., No. 92-700, p. 92, §603.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-114/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-114 - Consignment. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-114 - Consignment. | Section 7-9-114
Consignment.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-115/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-115 - Investment Property. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-115 - Investment Property. | Section 7-9-115
Investment property.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1996, No. 96-742, p. 1241, §3.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-1/section-7-9-116/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 1 - Short Title, Applicability and Definitions.›Section 7-9-116 - Security Interest Arising in Purchase or Delivery of Financial Asset. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 1 - Short Title, Applicability and Definitions. › Section 7-9-116 - Security Interest Arising in Purchase or Delivery of Financial Asset. | Section 7-9-116
Security interest arising in purchase or delivery of financial asset.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1996, No. 96-742, p. 1241, §3.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-201/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-201 - General Validity of Security Agreement. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-201 - General Validity of Security Agreement. | Section 7-9-201
General validity of security agreement.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-202/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-202 - Title to Collateral Immaterial. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-202 - Title to Collateral Immaterial. | Section 7-9-202
Title to collateral immaterial.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-203/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-203 - Attachment and Enforceability of Security Interest; Proceeds... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-203 - Attachment and Enforceability of Security Interest; Proceeds; Formal Requisites. | Section 7-9-203
Attachment and enforceability of security interest; proceeds; formal requisites.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1995, No. 95-668, p. 1381, §4; Acts 1996, No. 96-742, p. 1241, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-204/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-204 - After-Acquired Property; Future Advances. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-204 - After-Acquired Property; Future Advances. | Section 7-9-204
After-acquired property; future advances.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1979, No. 79-256, p. 390; Acts 1981, No. 81-312, p. 399; Acts 1983, No. 83-605, p. 942, §1.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-205/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-205 - Use or Disposition of Collateral Without Accounting Permissi... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-205 - Use or Disposition of Collateral Without Accounting Permissible. | Section 7-9-205
Use or disposition of collateral without accounting permissible.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-206/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-206 - Agreement Not to Assert Defenses Against Assignee; Modificat... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-206 - Agreement Not to Assert Defenses Against Assignee; Modification of Sales Warranties Where Security Agree... | Section 7-9-206
Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1995, No. 95-668, p. 1381, §4.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-207/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-207 - Rights and Duties When Collateral Is in Secured Party's Poss... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-207 - Rights and Duties When Collateral Is in Secured Party's Possession. | Section 7-9-207
Rights and duties when collateral is in secured party's possession.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-2/section-7-9-208/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 2 - Validity of Security Agreement and Rights of Parties Thereto.›Section 7-9-208 - Request for Statement of Account or List of Collateral. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 2 - Validity of Security Agreement and Rights of Parties Thereto. › Section 7-9-208 - Request for Statement of Account or List of Collateral. | Section 7-9-208
Request for statement of account or list of collateral.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-301/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-301 - Persons Who Take Priority Over U... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-301 - Persons Who Take Priority Over Unperfected Security Interests; "Lien credito... | Section 7-9-301
Persons who take priority over unperfected security interests; "lien creditor."
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1979, No. 79-256, p. 390; Acts 1981, No. 81-312, p. 399; Acts 1996, No. 96-742, p. 1241, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-302/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-302 - When Filing Is Required to Perfe... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-302 - When Filing Is Required to Perfect Security Interest; Security Interests to ... | Section 7-9-302
When filing is required to perfect security interest; security interests to which filing provisions of this article do not apply.
THIS SECTION WAS REPEALED IN THE 2001 REGULAR SESSION, BY ACT 2001-481, EFFECTIVE JAN. 1, 2002.
(1) A financing statement must be filed to perfect all security interests exce... |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-303/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-303 - When Security Interest Is Perfec... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-303 - When Security Interest Is Perfected; Continuity of Perfection. | Section 7-9-303
When security interest is perfected; continuity of perfection.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-304/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-304 - Perfection of Security Interest ... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-304 - Perfection of Security Interest in Instruments, Documents, Proceeds of a Wri... | Section 7-9-304
Perfection of security interest in instruments, documents, proceeds of a written letter of credit, and goods covered by documents; perfection by permissive filing; temporary perfection without filing or transfer of possession.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965,... |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-305/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-305 - When Possession by Secured Party... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-305 - When Possession by Secured Party Perfects Security Interest Without Filing. | Section 7-9-305
When possession by secured party perfects security interest without filing.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1997, No. 97-702, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-306/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-306 - "Proceeds"; Secured Party's Righ... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-306 - "Proceeds"; Secured Party's Rights on Disposition of Collateral. | Section 7-9-306
"Proceeds"; secured party's rights on disposition of collateral.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1979, No. 79-256, p. 390; Acts 1981, No. 81-312, p. 399; Acts 1996, No. 96-742, p. 1241, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-307/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-307 - Protection of Buyer of Goods. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-307 - Protection of Buyer of Goods. | Section 7-9-307
Protection of buyer of goods.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1986, No. 86-507, p. 989, §1; Acts 1987, No. 87-410, p. 595, §1.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-308/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-308 - Purchase of Chattel Paper and In... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-308 - Purchase of Chattel Paper and Instruments. | Section 7-9-308
Purchase of chattel paper and instruments.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-309/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-309 - Protection of Purchasers of Inst... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-309 - Protection of Purchasers of Instruments and Documents. | Section 7-9-309
Protection of purchasers of instruments and documents.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1996, No. 96-742, p. 1241, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-310/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-310 - Priority of Certain Liens Arisin... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-310 - Priority of Certain Liens Arising by Operation of Law; Landlord's Lien. | Section 7-9-310
Priority of certain liens arising by operation of law; landlord's lien.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-311/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-311 - Alienability of Debtor's Rights:... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-311 - Alienability of Debtor's Rights: Judicial Process. | Section 7-9-311
Alienability of debtor's rights: Judicial process.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-312/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-312 - Priorities Among Conflicting Sec... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-312 - Priorities Among Conflicting Security Interests in the Same Collateral. | Section 7-9-312
Priorities among conflicting security interests in the same collateral.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1979, No. 79-256, p. 390; Acts 1981, No. 81-312, p. 399; Acts 1995, No. 95-668, p. 1381, §4; Acts 1996, No. 96-742, p. 1241, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-313/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-313 - Priority of Security Interests i... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-313 - Priority of Security Interests in Fixtures. | Section 7-9-313
Priority of security interests in fixtures.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-314/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-314 - Accessions. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-314 - Accessions. | Section 7-9-314
Accessions.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-315/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-315 - Priority When Goods Are Commingl... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-315 - Priority When Goods Are Commingled or Processed. | Section 7-9-315
Priority when goods are commingled or processed.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-316/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-316 - Priority Subject to Subordinatio... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-316 - Priority Subject to Subordination. | Section 7-9-316
Priority subject to subordination.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-317/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-317 - Secured Party Not Obligated on C... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-317 - Secured Party Not Obligated on Contract of Debtor. | Section 7-9-317
Secured party not obligated on contract of debtor.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-3/section-7-9-318/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.›Section 7-9-318 - Defenses Against Assignee; Modif... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 3 - Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority. › Section 7-9-318 - Defenses Against Assignee; Modification of Contract After Notification of As... | Section 7-9-318
Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; identification and proof of assignment.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-401/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-401 - Place of Filing; Erroneous Filing; Removal of Collateral. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-401 - Place of Filing; Erroneous Filing; Removal of Collateral. | Section 7-9-401
Place of filing; erroneous filing; removal of collateral.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-402/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-402 - Formal Requisites of Financing Statement; Amendments; Mortgage as Financing Statem... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-402 - Formal Requisites of Financing Statement; Amendments; Mortgage as Financing Statement. | Section 7-9-402
Formal requisites of financing statement; amendments; mortgage as financing statement.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399; Acts 1987, No. 87-410, p. 595, §1.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-403/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-403 - What Constitutes Filing; Duration of Filing; Effect of Lapsed Filing; Duties of Fi... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-403 - What Constitutes Filing; Duration of Filing; Effect of Lapsed Filing; Duties of Filing Officer. | Section 7-9-403
What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1973, No. 865, p. 1365, §1; Acts 1981, No. 81-312, p. 399; Acts 1984, No. 84-307; Acts 1984, No. 84-446, p. ... |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-404/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-404 - Termination Statement. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-404 - Termination Statement. | Section 7-9-404
Termination statement.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1973, No. 865, p. 1365, §1; Acts 1981, No. 81-312, p. 399; Acts 1984, No. 84-446, p. 1040, §2; Acts 1987, No. 87-410, p. 595, §1.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-405/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-405 - Assignment of Security Interest; Duties of Filing Officer; Fees. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-405 - Assignment of Security Interest; Duties of Filing Officer; Fees. | Section 7-9-405
Assignment of security interest; duties of filing officer; fees.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1973, No. 865, p. 1365, §1; Acts 1981, No. 81-312, p. 399; Acts 1984, No. 84-446, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-406/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-406 - Release of Collateral; Duties of Filing Officer; Fees. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-406 - Release of Collateral; Duties of Filing Officer; Fees. | Section 7-9-406
Release of collateral; duties of filing officer; fees.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1973, No. 865, p. 1365, §1; Acts 1981, No. 81-312, p. 399; Acts 1984, No. 84-446, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-407/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-407 - Information From Filing Officer. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-407 - Information From Filing Officer. | Section 7-9-407
Information from filing officer.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1973, No. 865, p. 1365, §1; Acts 1981, No. 81-312, p. 399; Acts 1984, No. 84-446, p. 1040, §2; Acts 1986, No. 86-507, p. 989, §1; Acts 1987, No. 87-410, p. 595, §1; Acts 1... |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-408/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-408 - Financing Statements Covering Consigned or Leased Goods. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-408 - Financing Statements Covering Consigned or Leased Goods. | Section 7-9-408
Financing statements covering consigned or leased goods.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-409/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-409 - Prescribed Fees in Lieu of All Others. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-409 - Prescribed Fees in Lieu of All Others. | Section 7-9-409
Prescribed fees in lieu of all others.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-4/section-7-9-410/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 4 - Filing.›Section 7-9-410 - Rules and Regulations and Fees to Implement Central Filing System; User and Public... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 4 - Filing. › Section 7-9-410 - Rules and Regulations and Fees to Implement Central Filing System; User and Public Training as to Uniform Commercial Code and Farm Products Central Index Syst... | Section 7-9-410
Rules and regulations and fees to implement central filing system; user and public training as to Uniform Commercial Code and Farm Products Central Index System Program.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1987, No. 87-410, p. 595, §2.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-501/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-501 - Default; Procedure When Security Agreement Covers Both Real and Personal Property. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-501 - Default; Procedure When Security Agreement Covers Both Real and Personal Property. | Section 7-9-501
Default; procedure when security agreement covers both real and personal property.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-502/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-502 - Collection Rights of Secured Party. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-502 - Collection Rights of Secured Party. | Section 7-9-502
Collection rights of secured party.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-503/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-503 - Secured Party's Right to Take Possession After Default. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-503 - Secured Party's Right to Take Possession After Default. | Section 7-9-503
Secured party's right to take possession after default.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-504/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-504 - Secured Party's Right to Dispose of Collateral After Default; Effect of Dispositio... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-504 - Secured Party's Right to Dispose of Collateral After Default; Effect of Disposition. | Section 7-9-504
Secured party's right to dispose of collateral after default; effect of disposition.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-505/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-505 - Compulsory Disposition of Collateral; Acceptance of the Collateral as Discharge of... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-505 - Compulsory Disposition of Collateral; Acceptance of the Collateral as Discharge of Obligation. | Section 7-9-505
Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811; Acts 1981, No. 81-312, p. 399.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-506/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-506 - Debtor's Right to Redeem Collateral. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-506 - Debtor's Right to Redeem Collateral. | Section 7-9-506
Debtor's right to redeem collateral.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9/part-5/section-7-9-507/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper.›Part 5 - Default.›Section 7-9-507 - Secured Party's Liability for Failure to Comply With This Part. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper. › Part 5 - Default. › Section 7-9-507 - Secured Party's Liability for Failure to Comply With This Part. | Section 7-9-507
Secured party's liability for failure to comply with this part.
Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
(Acts 1965, No. 549, p. 811.) |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-102/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-102 - Definitions and Index of Definitions. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-102 - Definitions and Index of Definitions. | Section 7-9A-102
Definitions and index of definitions.
(a) Article 9A definitions. In this article:
(1) "Accession" means goods that are physically united with other goods in such a manner that the identity of the original goods is not lost.
(2) "Account," except as used in "account for," means a right to payment of a ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-101/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-101 - Short Title. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-101 - Short Title. | Section 7-9A-101
Short title.
This article may be cited as Uniform Commercial Code-Secured Transactions.
(Act 2001-481, p. 647, §1.) |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-103/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-103 - Purchase-Money Security Interest; Application of Payments; Burden of Estab... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-103 - Purchase-Money Security Interest; Application of Payments; Burden of Establishing. | Section 7-9A-103
Purchase-money security interest; application of payments; burden of establishing.
(a) Definitions. In this section:
(1) "purchase-money collateral" means goods or software that secures a purchase-money obligation incurred with respect to that collateral; and
(2) "purchase-money obligation" means an ob... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-104/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-104 - Control of Deposit Account. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-104 - Control of Deposit Account. | Section 7-9A-104
Control of deposit account.
(a) Requirements for control. A secured party has control of a deposit account if:
(1) the secured party is the bank with which the deposit account is maintained;
(2) the debtor, secured party, and bank have agreed in an authenticated record that the bank will comply with in... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-105/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-105 - Control of Electronic Chattel Paper. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-105 - Control of Electronic Chattel Paper. | Section 7-9A-105
Control of electronic chattel paper.
(a) General rule: control of electronic chattel paper. A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper reliably establishes the secured party as the person to which the chatte... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-106/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-106 - Control of Investment Property. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-106 - Control of Investment Property. | Section 7-9A-106
Control of investment property.
(a) Control under Section 7-8-106. A person has control of a certificated security, uncertificated security, or security entitlement as provided in Section 7-8-106.
(b) Control of commodity contract. A secured party has control of a commodity contract if:
(1) the secured... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-107/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-107 - Control of Letter-of-Credit Right. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-107 - Control of Letter-of-Credit Right. | Section 7-9A-107
Control of letter-of-credit right.
A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated person if the issuer or nominated person has consented to an assignment of proceeds of the letter of credit under Section 7-5-11... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-1/section-7-9a-108/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 1 - Short Title, Definitions, and General Concepts.›Section 7-9A-108 - Sufficiency of Description. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 1 - Short Title, Definitions, and General Concepts. › Section 7-9A-108 - Sufficiency of Description. | Section 7-9A-108
Sufficiency of description.
(a) Sufficiency of description. Except as otherwise provided in subsections (c), (d), and (e), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.
(b) Examples of reasonable identification. E... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-2/section-7-9a-110/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 2 - Applicability of Article.›Section 7-9A-110 - Security Interests Arising Under Article 2 or 2a. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 2 - Applicability of Article. › Section 7-9A-110 - Security Interests Arising Under Article 2 or 2a. | Section 7-9A-110
Security interests arising under Article 2 or 2A.
A security interest arising under Section 7-2-401, 7-2-505, 7-2-711(3), or 7-2A-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 7-9A-203(b)(3) has no... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-1/division-2/section-7-9a-109/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 1 - Secured Transactions.›Division 2 - Applicability of Article.›Section 7-9A-109 - Scope. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 1 - Secured Transactions. › Division 2 - Applicability of Article. › Section 7-9A-109 - Scope. | Section 7-9A-109
Scope.
(a) General scope of article. Except as otherwise provided in subsections (c) and (d), this article applies to:
(1) a transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract;
(2) an agricultural lien;
(3) a sale of accounts, chattel pape... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-1/section-7-9a-201/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 1 - Effectiveness and Attachment.›Section 7-9A-201 - Gen... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 1 - Effectiveness and Attachment. › Section 7-9A-201 - General Effectiveness of Security Agreement. | Section 7-9A-201
General effectiveness of security agreement.
(a) General effectiveness. Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.
(b) Applicable consumer laws an... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-1/section-7-9a-202/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 1 - Effectiveness and Attachment.›Section 7-9A-202 - Tit... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 1 - Effectiveness and Attachment. › Section 7-9A-202 - Title to Collateral Immaterial. | Section 7-9A-202
Title to collateral immaterial.
Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this article with regard to rights and obligations apply whether title to collateral is in the secured party or the ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-1/section-7-9a-203/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 1 - Effectiveness and Attachment.›Section 7-9A-203 - Att... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 1 - Effectiveness and Attachment. › Section 7-9A-203 - Attachment and Enforceability of Security Int... | Section 7-9A-203
Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
(a) Attachment. A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones the time of attachme... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-1/section-7-9a-204/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 1 - Effectiveness and Attachment.›Section 7-9A-204 - Aft... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 1 - Effectiveness and Attachment. › Section 7-9A-204 - After-Acquired Property; Future Advances. | Section 7-9A-204
After-acquired property; future advances.
(a) After-acquired collateral. Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral.
(b) When after-acquired property clause not effective. A security interest does not a... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-1/section-7-9a-205/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 1 - Effectiveness and Attachment.›Section 7-9A-205 - Use... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 1 - Effectiveness and Attachment. › Section 7-9A-205 - Use or Disposition of Collateral Permissible. | Section 7-9A-205
Use or disposition of collateral permissible.
(a) When security interest not invalid or fraudulent. A security interest is not invalid or fraudulent against creditors solely because:
(1) the debtor has the right or ability to:
(A) use, commingle, or dispose of all or part of the collateral, including r... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-1/section-7-9a-206/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 1 - Effectiveness and Attachment.›Section 7-9A-206 - Sec... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 1 - Effectiveness and Attachment. › Section 7-9A-206 - Security Interest Arising in Purchase or Deli... | Section 7-9A-206
Security interest arising in purchase or delivery of financial asset.
(a) Security interest when person buys through securities intermediary. A security interest in favor of a securities intermediary attaches to a person's security entitlement if:
(1) the person buys a financial asset through the secur... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-2/section-7-9a-207/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 2 - Rights and Duties.›Section 7-9A-207 - Rights and Dut... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 2 - Rights and Duties. › Section 7-9A-207 - Rights and Duties of Secured Party Having Possession or ... | Section 7-9A-207
Rights and duties of secured party having possession or control of collateral.
(a) Duty of care when secured party in possession. Except as otherwise provided in subsection (d), a secured party shall use reasonable care in the custody and preservation of collateral in the secured party's possession. In... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-2/section-7-9a-208/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 2 - Rights and Duties.›Section 7-9A-208 - Additional Dut... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 2 - Rights and Duties. › Section 7-9A-208 - Additional Duties of Secured Party Having Control of Col... | Section 7-9A-208
Additional duties of secured party having control of collateral.
(a) Applicability of section. This section applies to cases in which there is no outstanding secured obligation and the secured party is not committed to make advances, incur obligations, or otherwise give value.
(b) Duties of secured par... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-2/section-7-9a-209/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 2 - Rights and Duties.›Section 7-9A-209 - Duties of Secu... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 2 - Rights and Duties. › Section 7-9A-209 - Duties of Secured Party if Account Debtor Has Been Notif... | Section 7-9A-209
Duties of secured party if account debtor has been notified of assignment.
(a) Applicability of section. Except as otherwise provided in subsection (c), this section applies if:
(1) there is no outstanding secured obligation; and
(2) the secured party is not committed to make advances, incur obligation... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-2/division-2/section-7-9a-210/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement.›Division 2 - Rights and Duties.›Section 7-9A-210 - Request for Ac... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 2 - Effectiveness of Security Agreement, Attachment of Security Interest; Rights of Parties to Security Agreement. › Division 2 - Rights and Duties. › Section 7-9A-210 - Request for Accounting; Request Regarding List of Collat... | Section 7-9A-210
Request for accounting; request regarding list of collateral or statement of account.
(a) Definitions. In this section:
(1) "Request" means a record of a type described in paragraph (2), (3), or (4).
(2) "Request for an accounting" means a record authenticated by a debtor requesting that the recipient ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-301/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-301 - Law Governing Perfection and Priority of Security Interests. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-301 - Law Governing Perfection and Priority of Security Interests. | Section 7-9A-301
Law governing perfection and priority of security interests.
Except as otherwise provided in Sections 7-9A-303 through 7-9A-306, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral:
(1) Except as ot... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-302/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-302 - Law Governing Perfection and Priority of Agricultural Liens. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-302 - Law Governing Perfection and Priority of Agricultural Liens. | Section 7-9A-302
Law governing perfection and priority of agricultural liens.
While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.
(Act 2001-481, p. 647, §1.) |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-303/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-303 - Law Governing Perfection and Priority of Security Interests in Goods Covered by ... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-303 - Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title. | Section 7-9A-303
Law governing perfection and priority of security interests in goods covered by a certificate of title.
(a) Applicability of section. This section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goo... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-304/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-304 - Law Governing Perfection and Priority of Security Interests in Deposit Accounts. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-304 - Law Governing Perfection and Priority of Security Interests in Deposit Accounts. | Section 7-9A-304
Law governing perfection and priority of security interests in deposit accounts.
(a) Law of bank's jurisdiction governs. The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with tha... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-305/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-305 - Law Governing Perfection and Priority of Security Interests in Investment Proper... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-305 - Law Governing Perfection and Priority of Security Interests in Investment Property. | Section 7-9A-305
Law governing perfection and priority of security interests in investment property.
(a) Governing law: General rules. Except as otherwise provided in subsection (c), the following rules apply:
(1) While a security certificate is located in a jurisdiction, the local law of that jurisdiction governs perf... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-306/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-306 - Law Governing Perfection and Priority of Security Interests in Letter-of-Credit ... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-306 - Law Governing Perfection and Priority of Security Interests in Letter-of-Credit Rights. | Section 7-9A-306
Law governing perfection and priority of security interests in letter-of-credit rights.
(a) Governing law: Issuer's or nominated person's jurisdiction. Subject to subsection (c), the local law of the issuer's jurisdiction or a nominated person's jurisdiction governs perfection, the effect of perfection... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-1/section-7-9a-307/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 1 - Law Governing Perfection and Priority.›Section 7-9A-307 - Location of Debtor. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 1 - Law Governing Perfection and Priority. › Section 7-9A-307 - Location of Debtor. | Section 7-9A-307
Location of debtor.
(a) "Place of business." In this section, "place of business" means a place where a debtor conducts its affairs.
(b) Debtor's location: General rules. Except as otherwise provided in this section, the following rules determine a debtor's location:
(1) A debtor who is an individual i... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-308/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-308 - When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfectio... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-308 - When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfection. | Section 7-9A-308
When security interest or agricultural lien is perfected; continuity of perfection.
(a) Perfection of security interest. Except as otherwise provided in this section and Section 7-9A-309, a security interest is perfected if it has attached and all of the applicable requirements for perfection in Sectio... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-309/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-309 - Security Interest Perfected Upon Attachment. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-309 - Security Interest Perfected Upon Attachment. | Section 7-9A-309
Security interest perfected upon attachment.
The following security interests are perfected when they attach:
(1) a purchase-money security interest in consumer goods, except as otherwise provided in Section 7-9A-311(b) with respect to consumer goods that are subject to a statute or treaty described in... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-310/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-310 - When Filing Required to Perfect Security Interest or Agricultural Lien; Security... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-310 - When Filing Required to Perfect Security Interest or Agricultural Lien; Security Interests and Agricultural Liens to Which Filing Provisions Do Not A... | Section 7-9A-310
When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
(a) General rule: Perfection by filing. Except as otherwise provided in subsection (b) and Section 7-9A-312(b), a financing statement must be filed ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-311/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-311 - Perfection of Security Interests in Property Subject to Certain Statutes, Regulat... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-311 - Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties. | Section 7-9A-311
Perfection of security interests in property subject to certain statutes, regulations, and treaties.
(a) Security interest subject to other law. Except as otherwise provided in subsection (d), the filing of a financing statement is not necessary or effective to perfect a security interest in property s... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-312/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-312 - Perfection of Certain Security Interests by Filing; Temporary Perfection. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-312 - Perfection of Certain Security Interests by Filing; Temporary Perfection. | Section 7-9A-312
Perfection of certain security interests by filing; temporary perfection.
(a) Perfection by filing permitted. A security interest in chattel paper, negotiable documents, instruments, or investment property may be perfected by filing.
(b) Control or possession of certain collateral. Except as otherwise ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-313/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-313 - When Possession by or Delivery to Secured Party Perfects Security Interest Withou... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-313 - When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing. | Section 7-9A-313
When possession by or delivery to secured party perfects security interest without filing.
(a) Perfection by possession or delivery. Except as otherwise provided in subsection (b), a secured party may perfect a security interest in tangible negotiable documents, goods, instruments, money, or tangible c... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-314/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-314 - Perfection by Control. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-314 - Perfection by Control. | Section 7-9A-314
Perfection by control.
(a) Perfection by control. A security interest in investment property, deposit accounts, letter-of-credit rights, electronic chattel paper, or electronic documents may be perfected by control of the collateral under Section 7-7-106, 7-9A-104, 7-9A-105, 7-9A-106, or 7-9A-107.
(b) ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-315/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-315 - Secured Party's Rights on Disposition of Collateral and in Proceeds. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-315 - Secured Party's Rights on Disposition of Collateral and in Proceeds. | Section 7-9A-315
Secured party's rights on disposition of collateral and in proceeds.
(a) Disposition of collateral: Continuation of security interest or agricultural lien; proceeds. Except as otherwise provided in this article and in Section 7-2-403(2):
(1) a security interest or agricultural lien continues in collate... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-2/section-7-9a-316/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 2 - Perfection.›Section 7-9A-316 - Effect of Change in Governing Law. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 2 - Perfection. › Section 7-9A-316 - Effect of Change in Governing Law. | Section 7-9A-316
Effect of change in governing law.
(a) General rule: Effect on perfection of change in governing law. A security interest perfected pursuant to the law of the jurisdiction designated in Section 7-9A-301(1) or 7-9A-305(c) remains perfected until the earliest of:
(1) the time perfection would have ceased... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-317/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-317 - Interests That Take Priority Over or Take Free of Security Interest or Agricultur... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-317 - Interests That Take Priority Over or Take Free of Security Interest or Agricultural Lien. | Section 7-9A-317
Interests that take priority over or take free of security interest or agricultural lien.
(a) Conflicting security interests and rights of lien creditors. A security interest or agricultural lien is subordinate to the rights of:
(1) a person entitled to priority under Section 7-9A-322; and
(2) except a... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-318/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-318 - No Interest Retained in Right to Payment That Is Sold; Rights and Title of Seller... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-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. | Section 7-9A-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.
(a) Seller retains no interest. A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equ... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-319/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-319 - Rights and Title of Consignee With Respect to Creditors and Purchasers. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-319 - Rights and Title of Consignee With Respect to Creditors and Purchasers. | Section 7-9A-319
Rights and title of consignee with respect to creditors and purchasers.
(a) Consignee has consignor's rights. Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possessio... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-320/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-320 - Buyer of Goods; Alabama Farmers Credit Protection Fund. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-320 - Buyer of Goods; Alabama Farmers Credit Protection Fund. | Section 7-9A-320
Buyer of goods; Alabama Farmers Credit Protection Fund.
(a) Buyer in ordinary course of business. Except as otherwise provided in subsection (e), a buyer in ordinary course of business, other than a person buying farm products from a person engaged in farming operations, takes free of a security intere... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-321/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-321 - Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-321 - Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business. | Section 7-9A-321
Licensee of general intangible and lessee of goods in ordinary course of business.
(a) "Licensee in ordinary course of business." In this section, "licensee in ordinary course of business" means a person that becomes a licensee of a general intangible in good faith, without knowledge that the license v... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-322/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-322 - Priorities Among Conflicting Security Interests in and Agricultural Liens on Same... | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-322 - Priorities Among Conflicting Security Interests in and Agricultural Liens on Same Collateral. | Section 7-9A-322
Priorities among conflicting security interests in and agricultural liens on same collateral.
(a) General priority rules. Except as otherwise provided in this section, priority among conflicting security interests and agricultural liens in the same collateral is determined according to the following ru... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-323/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-323 - Future Advances. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-323 - Future Advances. | Section 7-9A-323
Future advances.
(a) When priority based on time of advance. Except as otherwise provided in subsection (c), for purposes of determining the priority of a perfected security interest under Section 7-9A-322(a)(1), perfection of the security interest dates from the time an advance is made to the extent t... |
https://law.justia.com/codes/alabama/title-7/article-9a/part-3/division-3/section-7-9a-324/ | AL | Justia›US Law›US Codes and Statutes›Code of Alabama›2023 Code of Alabama›Title 7 - Commercial Code.›Article 9A - Secured Transactions.›Part 3 - Perfection and Priority.›Division 3 - Priority.›Section 7-9A-324 - Priority of Purchase-Money Security Interests. | 2023 Code of Alabama › Title 7 - Commercial Code. › Article 9A - Secured Transactions. › Part 3 - Perfection and Priority. › Division 3 - Priority. › Section 7-9A-324 - Priority of Purchase-Money Security Interests. | Section 7-9A-324
Priority of purchase-money security interests.
(a) General rule: Purchase-money priority. Except as otherwise provided in subsection (g), a perfected purchase-money security interest in goods other than inventory or livestock has priority over a conflicting security interest in the same goods, and, exc... |
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