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Commercial Code - Secured Transactions
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South Carolina Code of Laws
Commercial Code
Commercial Code - Secured Transactions
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Section
36-9-101
Short title.
Section
36-9-102
Definitions and index of definitions.
Section
36-9-103
Purchase-money security interest; application of payments; burden of establishing.
Section
36-9-104
Control of deposit account.
Section
36-9-105
Control of electronic chattel paper
Section
36-9-106
Control of investment property.
Section
36-9-107
Control of letter-of-credit right.
Section
36-9-108
Sufficiency of description.
Section
36-9-109
Scope.
Section
36-9-110
Security interests arising under Chapter 2.
Section
36-9-111
UCC lien satisfaction.
Section
36-9-201
General effectiveness of security agreement.
Section
36-9-202
Title to collateral immaterial.
Section
36-9-203
Attachment and enforceability of security interest; proceeds; supporting obligations; formal requisites.
Section
36-9-204
After-acquired property; future advances.
Section
36-9-205
Use or disposition of collateral permissible.
Section
36-9-206
Security interest arising in purchase or delivery of financial asset.
Section
36-9-207
Rights and duties of secured party having possession or control of collateral.
Section
36-9-208
Additional duties of secured party having control of collateral.
Section
36-9-209
Duties of secured party if account debtor has been notified of assignment.
Section
36-9-210
Request for accounting; request regarding list of collateral or statement of account.
Section
36-9-301
Law governing perfection and priority of security interests.
Section
36-9-302
Law governing perfection and priority of agricultural liens.
Section
36-9-303
Law governing perfection and priority of security interests in goods covered by a certificate of title.
Section
36-9-304
Law governing perfection and priority of security interests in deposit accounts.
Section
36-9-305
Law governing perfection and priority of security interests in investment property.
Section
36-9-306
Law governing perfection and priority of security interests in letter-of-credit rights.
Section
36-9-307
Location of debtor
Section
36-9-308
When security interest or agricultural lien is perfected; continuity of perfection.
Section
36-9-309
Security interest perfected upon attachment.
Section
36-9-310
When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
Section
36-9-311
Perfection of security interests in property subject to certain statutes, regulations, and treaties.
Section
36-9-312
Perfection of security interests in chattel paper, deposit accounts, documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money; perfection by permissive filing; temporary perfection without filing or transfer of possession.
Section
36-9-313
When possession by or delivery to secured party perfects security interest without filing.
Section
36-9-314
Perfection by control.
Section
36-9-315
Secured party ' s rights on disposition of collateral and in proceeds.
Section
36-9-316
Continued perfection of security interest following change in governing law.
Section
36-9-317
Interests that take priority over or take free of security interest or agricultural lien.
Section
36-9-318
No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers.
Section
36-9-319
Rights and title of consignee with respect to creditors and purchasers.
Section
36-9-320
Buyer of goods.
Section
36-9-321
Licensee of general intangible and lessee of goods in ordinary course of business.
Section
36-9-322
Priorities among conflicting security interests in and agricultural liens on same collateral.
Section
36-9-323
Future advances.
Section
36-9-324
Priority of purchase-money security interests.
Section
36-9-325
Priority of security interests in transferred collateral.
Section
36-9-326
Priority of security interests created by new debtor.
Section
36-9-327
Priority of security interests in deposit account.
Section
36-9-328
Priority of security interests in investment property.
Section
36-9-329
Priority of security interests in letter-of-credit right.
Section
36-9-330
Priority of purchaser of chattel paper or instrument.
Section
36-9-331
Priority of rights of purchasers of instruments, documents, and securities under other articles; priority of interests in financial assets and security entitlements under Chapter 8.
Section
36-9-332
Transfer of money; transfer of funds from deposit account.
Section
36-9-333
Priority of certain liens arising by operation of law.
Section
36-9-334
Priority of security interests in fixtures and crops.
Section
36-9-335
Accessions.
Section
36-9-336
Commingled goods.
Section
36-9-337
Priority of security interests in goods covered by certificate of title.
Section
36-9-338
Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.
Section
36-9-339
Priority subject to subordination.
Section
36-9-340
Effectiveness of right of recoupment or set-off against deposit account.
Section
36-9-341
Bank ' s rights and duties with respect to deposit account.
Section
36-9-342
Bank ' s right to refuse to enter into or disclose existence of control agreement.
Section
36-9-401
Alienability of debtor ' s rights.
Section
36-9-402
Secured party not obligated on contract of debtor or in tort.
Section
36-9-403
Agreement not to assert defenses against assignee.
Section
36-9-404
Rights acquired by assignee; claims and defenses against assignee.
Section
36-9-405
Modification of assigned contract.
Section
36-9-406
Discharge of account debtor; notification of assignment; identification and proof of assignment; restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective.
Section
36-9-407
Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest.
Section
36-9-408
Restrictions on assignment of promissory notes, health care insurance receivables, and certain general intangibles ineffective.
Section
36-9-409
Restrictions on assignment of letter-of-credit rights ineffective.
Section
36-9-410
Unlawful sale or disposal of personal property subject to security interest; exceptions; penalties.
Section
36-9-501
Filing office.
Section
36-9-502
Contents of financing statement; record of mortgage as financing statement; time of filing financing statement.
Section
36-9-503
Name of debtor and secured party.
Section
36-9-504
Indication of collateral.
Section
36-9-505
Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions.
Section
36-9-506
Effect of errors or omissions.
Section
36-9-507
Effect of certain events on effectiveness of financing statement.
Section
36-9-508
Effectiveness of financing statement if new debtor becomes bound by security agreement.
Section
36-9-509
Persons entitled to file a record.
Section
36-9-510
Effectiveness of filed record.
Section
36-9-511
Secured party of record.
Section
36-9-512
Amendment of financing statement.
Section
36-9-513
Termination statement.
Section
36-9-514
Assignment of powers of secured party of record.
Section
36-9-515
Duration and effectiveness of financing statement; effect of lapsed financing statement.
Section
36-9-516
What constitutes filing; effectiveness of filing.
Section
36-9-517
Effect of indexing errors.
Section
36-9-518
Claim concerning inaccurate or wrongfully filed record.
Section
36-9-519
Numbering, maintaining, and indexing records; communicating information provided in records.
Section
36-9-520
Acceptance and refusal to accept record.
Section
36-9-521
Uniform form of written financing statement and amendment.
Section
36-9-522
Maintenance and destruction of records.
Section
36-9-523
Information from filing office; sale or license of records.
Section
36-9-524
Delay by filing office.
Section
36-9-525
Fees.
Section
36-9-526
Filing-office rules.
Section
36-9-601
Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
Section
36-9-602
Waiver and variance of rights and duties.
Section
36-9-603
Agreement on standards concerning rights and duties.
Section
36-9-604
Procedure if security agreement covers real property or fixtures.
Section
36-9-605
Unknown debtor or secondary obligor.
Section
36-9-606
Time of default for agricultural lien.
Section
36-9-607
Collection and enforcement by secured party.
Section
36-9-608
Application of proceeds of collection or enforcement; liability for deficiency and right to surplus.
Section
36-9-609
Secured party ' s right to take possession after default.
Section
36-9-610
Disposition of collateral after default.
Section
36-9-611
Notification before disposition of collateral.
Section
36-9-612
Timeliness of notification before disposition of collateral.
Section
36-9-613
Contents and form of notification before disposition of collateral: general.
Section
36-9-614
Contents and form of notification before disposition of collateral: consumer-goods transaction.
Section
36-9-615
Application of proceeds of disposition; liability for deficiency and right to surplus.
Section
36-9-616
Explanation of calculation of surplus or deficiency.
Section
36-9-617
Rights of transferee of collateral.
Section
36-9-618
Rights and duties of certain secondary obligors.
Section
36-9-619
Transfer of record or legal title.
Section
36-9-620
Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
Section
36-9-621
Notification of proposal to accept collateral.
Section
36-9-622
Effect of acceptance of collateral.
Section
36-9-623
Right to redeem collateral.
Section
36-9-624
Waiver.
Section
36-9-625
Remedies for secured party ' s failure to comply with chapter.
Section
36-9-626
Action in which deficiency or surplus is in issue.
Section
36-9-627
Determination of whether conduct was commercially reasonable.
Section
36-9-628
Nonliability and limitation on liability of secured party; liability of secondary obligor.
Section
36-9-629
Disposition of collateral by public sale.
Section
36-9-630
Contents of notice of sale.
Section
36-9-631
Posting and mailing notice of sale.
Section
36-9-632
Exception as to perishable property.
Section
36-9-633
Postponement of public sale.
Section
36-9-634
Procedure upon dissolution of order restraining or enjoining sale.
Section
36-9-635
Disposition of proceeds of sale.
Section
36-9-702
Savings clause.
Section
36-9-703
Security interest perfected before effective date.
Section
36-9-704
Security interest unperfected before effective date.
Section
36-9-705
Effectiveness of action taken before effective date.
Section
36-9-706
When initial financing statement suffices to continue effectiveness of financing statement.
Section
36-9-707
Pre-effective-date financing statement.
Section
36-9-708
Persons entitled to file initial financing statement or continuation statement.
Section
36-9-709
Priority.
Section
36-9-802
Application and effect.
Section
36-9-803
Effect on previously perfected security interests.
Section
36-9-804
Timing of perfection of preexisting security interests.
Section
36-9-805
Effect of previous filing of financing statement.
Section
36-9-806
Filing of initial financing statement; requirements.
Section
36-9-807
Pre-effective-date financing statement defined; addition or deletion of collateral; effect of pre-effective-date financing statement.
Section
36-9-808
Filing of initial financing statement or continuation statement.
Section
36-9-809
Determination of priority.