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PART I ADMINISTRATION OF THE GOVERNMENT
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CHAPTER 106 UNIFORM COMMERCIAL CODE
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ARTICLE 9 SECURED TRANSACTIONS
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MASSACHUSETTS STATUTES AND CODES
ARTICLE 9 SECURED TRANSACTIONS
Section 9-101 Short Title
Section 9-102 Definitions and Index of Definitions
Section 9-103 Purchase-money Security Interest; Application of Payments; Burden of Establishing
Section 9-104 Control of Deposit Account
Section 9-105 Control of Electronic Chattel Paper
Section 9-106 Control of Investment Property
Section 9-107 Control of Letter-of-Credit Right
Section 9-108 Sufficiency of Description
Section 9-109 Scope
Section 9-110 Security Interests Arising Under Article 2 or 2A
Section 9-201 General Effectiveness of Security Agreement
Section 9-202 Title to Collateral Immaterial
Section 9-203 Attachment and Enforceability of Security Interest; Proceeds; Supporting Obligations; Formal Requisites
Section 9-204 After-Acquired Property; Future Advances
Section 9-205 Use or Disposition of Collateral Permissible
Section 9-206 Security Interest Arising in Purchase or Delivery of Financial Asset
Section 9-207 Rights and Duties of Secured Party Having Possession or Control of Collateral
Section 9-208 Additional Duties of Secured Party Having Control of Collateral
Section 9-209 Duties of Secured Party if Account Debtor has been Notified of Assignment
Section 9-210 Request for Accounting; Request Regarding List of Collateral or Statement of Account
Section 9-301 Law Governing Perfection and Priority of Security Interests
Section 9-302 Law Governing Perfection and Priority of Agricultural Liens
Section 9-303 Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title
Section 9-304 Law Governing Perfection and Priority of Security Interests in Deposit Accounts
Section 9-305 Law Governing Perfection and Priority of Security Interests in Investment Property
Section 9-306 Law Governing Perfection and Priority of Security Interests in Letter-of-Credit Rights
Section 9-307 Location of Debtor
Section 9-308 When Security Interest or Agricultural Lien is Perfected; Continuity of Perfection
Section 9-309 Security Interest Perfected Upon Attachment
Section 9-310 When Filing Required to Perfect Security Interest or Agricultural Lien; Security Interests and Agricultural Liens to Which Filing Provisions Do Not Apply
Section 9-311 Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties
Section 9-312 Perfection of Security Interests in Chattel Paper, Deposit Accounts, Documents, Goods Covered by Documents, Instruments, Investment Property, Letter-of-Credit Rights, and Money; Perfecti
Section 9-313 When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing
Section 9-314 Perfection by Control
Section 9-315 Secured Party’s Rights on Disposition of Collateral and in Proceeds
Section 9-316 Continued Perfection of Security Interest Following Change in Governing Law
Section 9-317 Interests That Take Priority Over or Take Free of Security Interest or Agricultural Lien
Section 9-318 No Interest Retained in Right to Payment That is Sold; Rights and Title of Seller of Account or Chattel Paper With Respect to Creditors and Purchasers
Section 9-319 Rights and Title of Consignee with Respect to Creditors and Purchasers
Section 9-320 Buyer of Goods
Section 9-321 License of General Intangible and Lessee of Goods in Ordinary Course of Business
Section 9-322 Priorities Among Conflicting Security Interests in and Agricultural Liens on Same Collateral
Section 9-323 Future Advances
Section 9-324 Priority of Purchase-money Security Interests
Section 9-325 Priority of Security Interests in Transferred Collateral
Section 9-326 Priority of Security Interests Created by New Debtor
Section 9-327 Priority of Security Interests in Deposit Account
Section 9-328 Priority of Security Interests in Investment Property
Section 9-329 Priority of Security Interests in Letter-of-credit Right
Section 9-330 Priority of Purchaser of Chattel Paper or Instrument
Section 9-331 Priority of Rights of Purchasers of Instruments, Documents, and Securities Under Other Articles; Priority of Interests in Financial Assets and Security Entitlements Under Article 8
Section 9-332 Transfer of Money; Transfer of Funds from Deposit Account
Section 9-333 Priority of Certain Liens Arising by Operation of Law
Section 9-334 Priority of Security Interests in Fixtures and Crops
Section 9-335 Accessions
Section 9-336 Commingled Goods
Section 9-337 Priority of Security Interests in Goods Covered by Certificate of Title
Section 9-338 Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information
Section 9-339 Priority Subject to Subordination
Section 9-340 Effectiveness of Right of Recoupment or Set-off Against Deposit Account
Section 9-341 Bank’s Rights and Duties with Respect to Deposit Account
Section 9-401 Alienability of Debtor’s Rights
Section 9-402 Agreement Not to Assert Defenses Against Assignee
Section 9-403 Rights Acquired by Assignee; Claims and Defenses Against Assignee
Section 9-404 Modification of Assigned Contract
Section 9-405 Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, Chattel Paper, Payment Intangibles, and Promissor
Section 9-406 Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor’s Residual Interest
Section 9-407 Restrictions on Assignment of Promissory Notes, Health-Care-Insurance Receivables, and Certain General Intangibles Ineffective
Section 9-408 Restrictions on Assignment of Letter-of-Credit Rights Ineffective
Section 9-501 Filing Office
Section 9-502 Contents of Financing Statement; Record of Mortgage as Financing Statement; Time of Filing Financing Statement
Section 9-503 Name of Debtor and Secured Party
Section 9-504 Indication of Collateral
Section 9-505 Filing and Compliance With Other Statutes and Treaties for Consignments, Leases, Other Bailments, and Other Transactions
Section 9-506 Effect of Errors or Omissions
Section 9-507 Effect of Certain Events on Effectiveness of Financing Statement
Section 9-508 Effectiveness of Financing Statement if New Debtor Becomes Bound by Security Agreement
Section 9-509 Persons Entitled to File a Record
Section 9-510 Effectiveness of Filed Record
Section 9-511 Secured Party of Record
Section 9-512 Amendment of Financing Statement
Section 9-513 Termination Statement
Section 9-514 Assignment of Powers of Secured Party of Record
Section 9-515 Duration and Effectiveness of Financing Statement; Effect of Lapsed Financing Statement
Section 9-516 What Constitutes Filing; Effectiveness of Filing
Section 9-516A Expired. See 2001, 26, Sec. 39
Section 9-517 Effect of Indexing Errors
Section 9-518 Claim Concerning Inaccurate or Wrongfully Filed Record
Section 9-519 Numbering, Maintaining, and Indexing Records; Communicating Information Provided in Records
Section 9-520 Acceptance and Refusal to Accept Record
Section 9-520A Expired. See 2001, 26, Sec. 39
Section 9-521 Uniform Form of Written Financing Statement and Amendment
Section 9-522 Maintenance and Destruction of Records
Section 9-523 Information from Filing Office; Sale or License of Records
Section 9-524 Delay by Filing Office
Section 9-525 Fees
Section 9-526 Filing-Office Rules
Section 9-601 Rights After Default; Judicial Enforcement; Consignor or Buyer of Accounts, Chattel Paper, Payment Intangibles, or Promissory Notes
Section 9-602 Waiver and Variance of Rights and Duties
Section 9-603 Agreement on Standards Concerning Rights and Duties
Section 9-604 Procedure if Security Agreement Covers Real Property or Fixtures
Section 9-605 Unknown Debtor or Secondary Obligor
Section 9-606 Time of Default for Agricultural Lien
Section 9-607 Collection and Enforcement by Secured Party
Section 9-608 Application of Proceeds of Collection or Enforcement; Liability for Deficiency and Right to Surplus
Section 9-609 Secured Party’s Right to Take Possession After Default
Section 9-610 Disposition of Collateral After Default
Section 9-611 Notification Before Disposition of Collateral
Section 9-612 Timeliness of Notification Before Disposition of Collateral
Section 9-613 Contents and Form of Notification Before Disposition of Collateral: General
Section 9-614 Contents and Form of Notification Before Disposition of Collateral: Consumer-Goods Transaction
Section 9-615 Application of Proceeds of Disposition; Liability for Deficiency and Right to Surplus
Section 9-616 Explanation of Calculation of Surplus or Deficiency
Section 9-617 Rights of Transferee of Collateral
Section 9-618 Rights and Duties of Certain Secondary Obligors
Section 9-619 Transfer of Record or Legal Title
Section 9-620 Acceptance of Collateral in Full or Partial Satisfaction of Obligation; Compulsory Disposition of Collateral
Section 9-621 Notification of Proposal to Accept Collateral
Section 9-622 Effect of Acceptance of Collateral
Section 9-623 Right to Redeem Collateral
Section 9-624 Waiver
Section 9-625 Remedies for Secured Party’s Failure to Comply with Article
Section 9-626 Action in Which Deficiency or Surplus is in Issue
Section 9-627 Determination of Whether Conduct was Commercially Reasonable
Section 9-628 Nonliability and Limitation on Liability of Secured Party; Liability of Secondary Obligor
Section 9-701 Effective Date
Section 9-702 Savings Clause
Section 9-703 Security Interest Perfected Before Effective Date
Section 9-704 Security Interest Unperfected Before Effective Date
Section 9-705 Effectiveness of Action Taken Before Effective Date
Section 9-706 When Initial Financing Statement Suffices to Continue Effectiveness of Financing Statement
Section 9-707 Amendment of Pre-effective-date Financing Statement
Section 9-708 Persons Entitled to File Initial Financing Statement or Continuation Statement
Section 9-709 Priority
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