Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.

  1. Law
  2. Code of Alabama
  3. Commercial Code.
  4. Secured Transactions; Sales of Accounts and Chattel Paper.
  5. Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.

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Section
7-9-301

Persons Who Take Priority Over Unperfected Security Interests; "Lien creditor."

Section
7-9-302

When Filing Is Required to Perfect Security Interest; Security Interests to Which Filing Provisions of This Article Do Not Apply.

Section
7-9-303

When Security Interest Is Perfected; Continuity of Perfection.

Section
7-9-304

Perfection of Security Interest in Instruments, Documents, Proceeds of a Written Letter of Credit, and Goods Covered by Documents; Perfection by Permissive Filing; Temporary Perfection Without Filing or Transfer of Possession.

Section
7-9-305

When Possession by Secured Party Perfects Security Interest Without Filing.

Section
7-9-306

"Proceeds"; Secured Party's Rights on Disposition of Collateral.

Section
7-9-307

Protection of Buyer of Goods.

Section
7-9-308

Purchase of Chattel Paper and Instruments.

Section
7-9-309

Protection of Purchasers of Instruments and Documents.

Section
7-9-310

Priority of Certain Liens Arising by Operation of Law; Landlord's Lien.

Section
7-9-311

Alienability of Debtor's Rights: Judicial Process.

Section
7-9-312

Priorities Among Conflicting Security Interests in the Same Collateral.

Section
7-9-313

Priority of Security Interests in Fixtures.

Section
7-9-314

Accessions.

Section
7-9-315

Priority When Goods Are Commingled or Processed.

Section
7-9-316

Priority Subject to Subordination.

Section
7-9-317

Secured Party Not Obligated on Contract of Debtor.

Section
7-9-318

Defenses Against Assignee; Modification of Contract After Notification of Assignment; Term Prohibiting Assignment Ineffective; Identification and Proof of Assignment.