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Security interests arising under Article 2 or 2A

9A V.S.A. § 9—110
in effect
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9—110. Security interests arising under Article 2 or 2A A security interest arising under section 2—401, or 2—505, or subsection 2—711(3) or 2A—508(5) of this title is subject to this article. However, until the debtor obtains possession of the goods: (1) the security interest is enforceable, even if subdivision 9—203(b)(3) of this title 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. Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/09A/009/00110Fetched: 10/21/2026

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