Statute · New York Uniform Commercial Code
N.Y. U.C.C. Law § 9-110 — Security Interests Arising Under Article 2 or 2-A
N.Y. U.C.C. Law § 9-110
- Type
- Statute
- Source
- New York Uniform Commercial Code
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
Section 9--110. Security Interests Arising Under Article 2 or 2-A.
Citator
N.Y. U.C.C. Law § 9-110 — Security Interests Arising Under Article 2 or 2-A is in force in the current edition of the Code, and nothing recorded condemns it.
Section 9--110. Security Interests Arising Under Article 2 or 2-A.
A security interest arising under Section 2--401, 2--505, 2--711(3), or 2-A-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
9--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 2-A; and
(4) the security interest has priority over a conflicting
security interest created by the debtor.