Requirement that financing statement be filed to perfect security interest or agricultural lien--Exceptions.

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57A-9-310. Requirement that financing statement be filed to perfect security interest or agricultural lien--Exceptions.

(a) Except as otherwise provided in subsection (b) and §57A-9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.

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

(1)That is perfected under §57A-9-308(d), (e), (f), or (g);

(2)That is perfected under §57A-9-309 when it attaches;

(3)In property subject to a statute, regulation, or treaty described in §57A-9-311(a);

(4)In goods in possession of a bailee which is perfected under §57A-9-312(d)(1) or (2);

(5)In certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under §57A-9-312(e), (f), or (g);

(6)In collateral in the secured party's possession under §57A-9-313;

(7)In a certificated security which is perfected by delivery of the security certificate to the secured party under §57A-9-313;

(8)In deposit accounts, electronic chattel paper, investment property, or letter-of-credit rights which is perfected by control under §57A-9-314;

(9)In proceeds which is perfected under §57A-9-315;

(10)That is perfected under §57A-9-316; or

(11)Subject to §§49-34-11 to 49-34-11.4, inclusive.

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

Source: SL 2000, ch 231; SL 2009, ch 254, §830.


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