When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply

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Except as otherwise provided in subsection (b) and Section 75-9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.

The filing of a financing statement is not necessary to perfect a security interest:

  1. That is perfected under Section 75-9-308(d), (e), (f), or (g);
  2. That is perfected under Section 75-9-309 when it attaches;
  3. In property subject to a statute, regulation, or treaty described in Section 75-9-311(a);
  4. In goods in possession of a bailee which is perfected under Section 75-9-312(d)(1) or (2);
  5. In certificated securities, documents, goods or instruments which is perfected without filing, control or possession under Section 75-9-312(e), (f), or (g);
  6. In collateral in the secured party's possession under Section 75-9-313;
  7. In a certificated security which is perfected by delivery of the security certificate to the secured party under Section 75-9-313;
  8. In deposit accounts, electronic chattel paper, investment property, or letter-of-credit rights which is perfected by control under Section 75-9-314;
  9. In proceeds which is perfected under Section 75-9-315; or
  10. That is perfected under Section 75-9-316.

If a secured party assigns a perfected security interest or agricultural lien, a filing under this article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.


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