Chapter 62A.9A. Secured transactions; sales of accounts, contract rights and chattel paper.  


Section 62A.9A-101. Short title.
Section 62A.9A-102. Definitions and index of definitions.
Section 62A.9A-103. Purchase-money security interest; application of payments; burden of establishing.
Section 62A.9A-104. Control of deposit account.
Section 62A.9A-105. Control of electronic chattel paper.
Section 62A.9A-106. Control of investment property.
Section 62A.9A-107. Control of letter-of-credit right.
Section 62A.9A-108. Sufficiency of description in security agreement.
Section 62A.9A-109. Scope.
Section 62A.9A-110. Security interests arising under Article 2 or 2A.
Section 62A.9A-201. General effectiveness of security agreement.
Section 62A.9A-202. Title to collateral immaterial.
Section 62A.9A-203. Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
Section 62A.9A-204. After-acquired property; future advances.
Section 62A.9A-205. Use or disposition of collateral permissible.
Section 62A.9A-206. Security interest arising in purchase or delivery of financial asset.
Section 62A.9A-207. Rights and duties of secured party having possession or control of collateral.
Section 62A.9A-208. Additional duties of secured party having control of collateral.
Section 62A.9A-209. Duties of secured party if account debtor has been notified of assignment.
Section 62A.9A-210. Request for accounting; request regarding list of collateral or statement of account.
Section 62A.9A-301. Law governing perfection and priority of security interests.
Section 62A.9A-302. Law governing perfection and priority of agricultural liens.
Section 62A.9A-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.
Section 62A.9A-304. Law governing perfection and priority of security interests in deposit accounts.
Section 62A.9A-305. Law governing perfection and priority of security interests in investment property.
Section 62A.9A-306. Law governing perfection and priority of security interests in letter-of-credit rights.
Section 62A.9A-307. Location of debtor.
Section 62A.9A-308. When security interest or agricultural lien is perfected; continuity of perfection.
Section 62A.9A-309. Security interest perfected upon attachment.
Section 62A.9A-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
Section 62A.9A-311. Perfection of security interests in property subject to certain statutes, regulations, and treaties.
Section 62A.9A-312. Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.
Section 62A.9A-313. When possession by or delivery to secured party perfects security interest without filing.
Section 62A.9A-314. Perfection by control.
Section 62A.9A-315. Secured party's rights on disposition of collateral and in proceeds.
Section 62A.9A-316. Effect of change in governing law.
Section 62A.9A-317. Interests that take priority over or take free of security interest or agricultural lien.
Section 62A.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 62A.9A-319. Rights and title of consignee with respect to creditors and purchasers.
Section 62A.9A-320. Buyer of goods.
Section 62A.9A-321. Licensee of general intangible and lessee of goods in ordinary course of business.
Section 62A.9A-322. Priorities among conflicting security interests in and agricultural liens on same collateral.
Section 62A.9A-323. Future advances.
Section 62A.9A-324. Priority of purchase-money security interests.
Section 62A.9A-325. Priority of security interests in transferred collateral.
Section 62A.9A-326. Priority of security interests created by new debtor.
Section 62A.9A-327. Priority of security interests in deposit account.
Section 62A.9A-328. Priority of security interests in investment property.
Section 62A.9A-329. Priority of security interests in letter-of-credit right.
Section 62A.9A-330. Priority of purchaser of chattel paper or instrument.
Section 62A.9A-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 62A.9A-332. Transfer of money; transfer of funds from deposit account.
Section 62A.9A-333. Priority of certain liens arising by operation of law.
Section 62A.9A-334. Priority of security interests in fixtures and crops.
Section 62A.9A-335. Accessions.
Section 62A.9A-336. Commingled goods.
Section 62A.9A-337. Priority of security interests in goods covered by certificate of title.
Section 62A.9A-338. Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
Section 62A.9A-339. Priority subject to subordination.
Section 62A.9A-340. Effectiveness of right of recoupment or set-off against deposit account.
Section 62A.9A-341. Bank's rights and duties with respect to deposit account.
Section 62A.9A-342. Bank's right to refuse to enter into or disclose existence of control agreement.
Section 62A.9A-401. Alienability of debtor's rights.
Section 62A.9A-402. Secured party not obligated on contract of debtor or in tort.
Section 62A.9A-403. Agreement not to assert defenses against assignee.
Section 62A.9A-404. Rights acquired by assignee; claims and defenses against assignee.
Section 62A.9A-405. Modification of assigned contract.
Section 62A.9A-406. Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.
Section 62A.9A-407. Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
Section 62A.9A-408. Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective.
Section 62A.9A-409. Restrictions on assignment of letter-of-credit rights ineffective.
Section 62A.9A-501. Filing office.
Section 62A.9A-502. Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
Section 62A.9A-503. Name of debtor and secured party.
Section 62A.9A-504. Indication of collateral.
Section 62A.9A-505. Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
Section 62A.9A-506. Effect of errors or omissions.
Section 62A.9A-507. Effect of certain events on effectiveness of financing statement.
Section 62A.9A-508. Effectiveness of financing statement if new debtor becomes bound by security agreement.
Section 62A.9A-509. Persons entitled to file a record.
Section 62A.9A-510. Effectiveness of filed record.
Section 62A.9A-511. Secured party of record.
Section 62A.9A-512. Amendment of financing statement.
Section 62A.9A-513. Termination statement.
Section 62A.9A-514. Assignment of powers of secured party of record.
Section 62A.9A-515. Duration and effectiveness of financing statement; effect of lapsed financing statement.
Section 62A.9A-516. What constitutes filing; effectiveness of filing.
Section 62A.9A-517. Effect of indexing errors.
Section 62A.9A-518. Claim concerning inaccurate or wrongfully filed record.
Section 62A.9A-519. Numbering, maintaining, and indexing records; communicating information provided in records.
Section 62A.9A-520. Acceptance and refusal to accept record.
Section 62A.9A-521. Uniform form of written financing statement and amendment.
Section 62A.9A-522. Maintenance and destruction of records.
Section 62A.9A-523. Information from filing office; sale or license of records.
Section 62A.9A-524. Delay by filing office.
Section 62A.9A-525. Fees.
Section 62A.9A-526. Filing-office rules.
Section 62A.9A-527. Duty to report.
Section 62A.9A-601. Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
Section 62A.9A-602. Waiver and variance of rights and duties.
Section 62A.9A-603. Agreement on standards concerning rights and duties.
Section 62A.9A-604. Procedure if security agreement covers real property, fixtures, or manufactured home.
Section 62A.9A-605. Unknown debtor or secondary obligor.
Section 62A.9A-606. Time of default for agricultural lien.
Section 62A.9A-607. Collection and enforcement by secured party.
Section 62A.9A-608. Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
Section 62A.9A-609. Secured party's right to take possession after default.
Section 62A.9A-610. Disposition of collateral after default.
Section 62A.9A-611. Notification before disposition of collateral.
Section 62A.9A-612. Timeliness of notification before disposition of collateral.
Section 62A.9A-613. Contents and form of notification before disposition of collateral: General.
Section 62A.9A-614. Contents and form of notification before disposition of collateral: Consumer-goods transaction.
Section 62A.9A-615. Application of proceeds of disposition; liability for deficiency and right to surplus.
Section 62A.9A-616. Explanation of calculation of surplus or deficiency.
Section 62A.9A-617. Rights of transferee of collateral.
Section 62A.9A-618. Rights and duties of certain secondary obligors.
Section 62A.9A-619. Transfer of record or legal title.
Section 62A.9A-620. Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
Section 62A.9A-621. Notification of proposal to accept collateral.
Section 62A.9A-622. Effect of acceptance of collateral.
Section 62A.9A-623. Right to redeem collateral.
Section 62A.9A-624. Waiver.
Section 62A.9A-625. Remedies for secured party's failure to comply with Article.
Section 62A.9A-626. Action in which deficiency or surplus is in issue.
Section 62A.9A-627. Determination of whether conduct was commercially reasonable.
Section 62A.9A-628. Nonliability and limitation on liability of secured party; liability of secondary obligor.
Section 62A.9A-701. Effective date—2000 c 250.
Section 62A.9A-702. Savings clause.
Section 62A.9A-703. Security interest perfected before effective date.
Section 62A.9A-704. Security interest unperfected before effective date.
Section 62A.9A-705. Effectiveness of action taken before effective date.
Section 62A.9A-706. When initial financing statement suffices to continue effectiveness of financing statement.
Section 62A.9A-707. Amendment of preeffective-date financing statement.
Section 62A.9A-708. Persons entitled to file initial financing statement or continuation statement.
Section 62A.9A-709. Priority.
Section 62A.9A-803. Security interest perfected before effective date.
Section 62A.9A-804. Security interest unperfected before effective date.
Section 62A.9A-805. Effectiveness of action taken before effective date.
Section 62A.9A-806. When initial financing statement suffices to continue effectiveness of financing statement.
Section 62A.9A-807. Amendment of preeffective date financing statement.
Section 62A.9A-808. Person entitled to file initial financing statement or continuation statement.
Section 62A.9A-809. Priority.