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Commercial Code - COM - COM § 9306.1

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9306.1

(a) Except as provided in subdivision (d), if chattel paper is evidenced only by an authoritative electronic copy of the chattel paper or is evidenced by an authoritative electronic copy and an authoritative tangible copy, the local law of the chattel paper’s jurisdiction governs

Commercial Code - COM - COM § 9306.2

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9306.2

(a) Except as provided in subdivision (b), the local law of the controllable electronic record’s jurisdiction specified in subdivisions (c) and (d) of Section 12107 governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a control

Commercial Code - COM - COM § 9307

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9307

(a) In this section, “place of business” means a place where a debtor conducts its affairs. (b) Except as otherwise provided in this section, the following rules determine a debtor’s location: (1) A debtor who is an individual is located at the individual’s principal residence. (

Commercial Code - COM - COM § 9308

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9308

(a) Except as otherwise provided in this section and in Section 9309, a security interest is perfected if it has attached and all of the applicable requirements for perfection in Sections 9310 to 9316, inclusive, have been satisfied. A security interest is perfected when it attac

Commercial Code - COM - COM § 9309

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9309

The following security interests are perfected when they attach: (1) A purchase money security interest in consumer goods, except as otherwise provided in subdivision (b) of Section 9311 with respect to consumer goods that are subject to a statute or treaty described in subdivisi

Commercial Code - COM - COM § 9310

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9310

(a) Except as otherwise provided in subdivision (b) and in subdivision (b) of Section 9312, a financing statement must be filed to perfect all security interests and agricultural liens. (b) The filing of a financing statement is not necessary to perfect a security interest that s

Commercial Code - COM - COM § 9311

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9311

(a) Except as otherwise provided in subdivision (d), the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to any of the following: (1) A statute, regulation, or treaty of the United States whose requirements for a se

Commercial Code - COM - COM § 9312

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9312

(a) A security interest in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, instruments, investment property, or negotiable documents may be perfected by filing. (b) Except as otherwise provided in subdivisions (c) and (d) o

Commercial Code - COM - COM § 9313

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9313

(a) Except as otherwise provided in subdivision (b), a secured party may perfect a security interest in goods, instruments, negotiable tangible documents, or tangible money by taking possession of the collateral. A secured party may perfect a security interest in certificated sec

Commercial Code - COM - COM § 9314

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9314

(a) A security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, electronic money, investment property, or letter-of-credit rights may be perfected by control of the collateral under Secti

Commercial Code - COM - COM § 9314.1

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9314.1

(a) A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel pap

Commercial Code - COM - COM § 9315

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9315

(a) Except as otherwise provided in this division and in subdivision (2) of Section 2403, both of the following apply: (1) A security interest or agricultural lien continues in collateral notwithstanding sale, lease, license, exchange, or other disposition thereof unless the secu

Commercial Code - COM - COM § 9316

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9316

(a) A security interest perfected pursuant to the law of the jurisdiction designated in subdivision (1) of Section 9301, subdivision (c) of Section 9305, subdivision (d) of Section 9306.1, or subdivision (b) of Section 9306.2 remains perfected until the earliest of any of the fol

Commercial Code - COM - COM § 9317

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9317

(a) A security interest or agricultural lien is subordinate to the rights of both of the following: (1) A person entitled to priority under Section 9322. (2) Except as otherwise provided in subdivision (e), a person that becomes a lien creditor before the earlier of the time the

Commercial Code - COM - COM § 9318

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9318

(a) A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold. (b) For purposes of determining the rights of creditors of, and purchasers for value of an account or chattel paper f

Commercial Code - COM - COM § 9319

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9319

(a) Except as otherwise provided in subdivision (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods

Commercial Code - COM - COM § 9320

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9320

(a) Except as otherwise provided in subdivision (e), a buyer in ordinary course of business takes free of a security interest created by the buyer’s seller, even if the security interest is perfected and the buyer knows of its existence. (b) Except as otherwise provided in subdiv

Commercial Code - COM - COM § 9321

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9321

(a) In this section, “licensee in ordinary course of business” means a person that becomes a licensee of a general intangible in good faith, without knowledge that the license violates the rights of another person in the general intangible, and in the ordinary course from a perso

Commercial Code - COM - COM § 9321.1

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9321.1

A licensee of nonexclusive rights in a motion picture that is produced pursuant to one or more collective bargaining agreements governed by the laws of the United States takes its nonexclusive license in that motion picture subject to any perfected security interest securing the

Commercial Code - COM - COM § 9322

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9322

(a) Except as otherwise provided in this section, priority among conflicting security interests and agricultural liens in the same collateral is determined according to the following rules: (1) Conflicting perfected security interests and agricultural liens rank according to prio

Commercial Code - COM - COM § 9323

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9323

(a) Except as otherwise provided in subdivision (c), for purposes of determining the priority of a perfected security interest under paragraph (1) of subdivision (a) of Section 9322, perfection of the security interest dates from the time an advance is made to the extent that the

Commercial Code - COM - COM § 9324

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9324

(a) Except as otherwise provided in subdivision (g), a perfected purchase money security interest in goods other than inventory or livestock has priority over a conflicting security interest in the same goods, and, except as otherwise provided in Section 9327, a perfected securit

Commercial Code - COM - COM § 9325

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9325

(a) Except as otherwise provided in subdivision (b), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if all of the following apply: (1) The debtor acquired the collateral subject to the security intere

Commercial Code - COM - COM § 9326

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9326

(a) Subject to subdivision (b), a security interest that is created by a new debtor in collateral in which the new debtor has or acquires rights and is perfected solely by a filed financing statement that would be ineffective to perfect the security interest but for the applicati

Commercial Code - COM - COM § 9326.1

statute | California | California Legislative Counsel

Commercial Code - COM - COM § 9326.1

A security interest in a controllable account, controllable electronic record, or controllable payment intangible held by a secured party having control of the account, electronic record, or payment intangible has priority over a conflicting security interest held by a secured pa