(1) The security interest is enforceable, even if s. 679.2031(2)(c) 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 chapter 672 or chapter 680; and
(4) The security interest has priority over a conflicting security interest created by the debtor.
History.—s. 1, ch. 2001-198.