62A.9A-110 - Security interests arising under Article 2 or 2A. - Washington Statutes

Security interests arising under Article 2 or 2A.

A security interest arising under RCW 62A.2-401, 62A.2-505, 62A.2-711(3), or 62A.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 RCW 62A.9A-203(b)(3) has not been satisfied;

     (2) Filing is not required to perfect the security interest;

     (3) The rights of the secured party after default by the debtor are governed by Article 2 or 2A; and

     (4) The security interest has priority over a conflicting security interest created by the debtor.

[2000 c 250 § 9A-110.]