Title 09A, Title 09A: Uniform Commercial Code

§ 9—707. Amendment of preeffective-date financing statement (a) In this section and in section 9—706 of this title, “preeffective-date financing statement” means a financing statement filed before July 1, 2001. (b) After July 1, 2001, a person may add or delete collateral covered…

§ 9—708. Persons entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement under this part if: (1) the secured party of record authorizes the filing; and (2) the filing is necessary under th…

§ 9—709. Priority (a) The provisions of this article as in effect prior to July 1, 2001 determine the priority of conflicting claims to collateral if the relative priorities of the parties were fixed before July 1, 2001. In other cases, the provisions of this article as in effect…

§ 9—801. Effective date 2014 Acts and Resolves No. 157, adopting the 2010 Uniform Commercial Code amendments promulgated by the National Conference of Commissioners on Uniform State Laws, referred to in this part as “the Act,” takes effect on July 1, 2014. (Added 2013, No. 157 (A…

§ 9—802. Savings clause (a) Except as otherwise provided in this part, the provisions of the Act apply to a transaction or lien within its scope, even if the transaction or lien was entered into or created before the Act takes effect. (b) The provisions of the Act do not affect a…

§ 9—803. Security interest perfected before effective date (a) A security interest that is a perfected security interest immediately before the Act takes effect is a perfected security interest under Article 9 of this title, as amended by the Act if, when the Act takes effect, th…

§ 9—804. Security interest unperfected before effective date A security interest that is an unperfected security interest immediately before the Act takes effect becomes a perfected security interest: (1) without further action, when the Act takes effect if the applicable require…

§ 9—805. Effectiveness of action taken before effective date (a) The filing of a financing statement before the Act takes effect is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under Article 9 of this t…

§ 9—806. When an initial financing statement suffices to continue effectiveness of a financing statement (a) The filing of an initial financing statement in the office specified in section 9—501 of this title continues the effectiveness of a financing statement filed before the A…

§ 9—807. Amendment of pre-effective-date financing statement (a) In this section, “pre-effective-date financing statement” means a financing statement filed before the Act takes effect. (b) After the Act takes effect, a person may add or delete collateral covered by, continue or …

§ 9—808. Person entitled to file initial financing statement or continuation statement A person may file an initial financing statement or a continuation statement pursuant to the provisions of this section if: (1) the secured party of record authorizes the filing; and (2) the fi…

§ 9—809. Priority The Act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before the Act takes effect, Article 9 of this title, as it existed before amendment by the Act, determines priority. (Added 2…

§ 12—101. Title This article may be cited as Uniform Commercial Code—Controllable Electronic Records. (Added 2025, No. 17, § 10, eff. July 1, 2025.)

§ 12—102. Definitions (a) In this article: (1) “Controllable electronic record” means a record stored in an electronic medium that can be subjected to control under section 12—105 of this title. The term does not include a controllable account, a controllable payment intangible, …

§ 12—103. Relation to Article 9 and consumer laws (a) If there is conflict between this article and Article 9, Article 9 governs. (b) A transaction subject to this article is subject to any applicable rule of law that establishes a different rule for consumers, to any other statu…

§ 12—104. Rights in controllable account, controllable electronic record, and controllable payment intangible (a) This section applies to the acquisition and purchase of rights in a controllable account or controllable payment intangible, including the rights and benefits under s…

§ 12—105. Control of controllable electronic record (a) A person has control of a controllable electronic record if the electronic record, a record attached to or logically associated with the electronic record, or a system in which the electronic record is recorded: (1) gives th…

§ 12—106. Discharge of account debtor on controllable account or controllable payment intangible (a) An account debtor on a controllable account or controllable payment intangible may discharge its obligation by paying: (1) the person having control of the controllable electronic…

§ 12—107. Governing law (a) Except as provided in subsection (b) of this section, the local law of a controllable electronic record’s jurisdiction governs a matter covered by this article. (b) For a controllable electronic record that evidences a controllable account or controlla…