When Filing Required to Perfect Security Interest or Agricultural Lien — Security Interests and Agricultural Liens to Which Filing Provisions Do Not Apply
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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General rule: perfection by filing. Except as otherwise provided in subsection (b) and § 47-9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.
Exceptions: filing not necessary. The filing of a financing statement is not necessary to perfect a security interest:
that is perfected under § 47-9-308(d), (e), (f), or (g);
that is perfected under § 47-9-309 when it attaches;
in property subject to a statute, regulation, or treaty described in § 47-9-311(a);
in goods in possession of a bailee which is perfected under § 47-9-312(d)(1) or (2);
in certificated securities, documents, goods, or instruments which is perfected without filing, control or possession under § 47-9-312(e), (f), or (g);
in collateral in the secured party's possession under § 47-9-313;
in a certificated security which is perfected by delivery of the security certificate to the secured party under § 47-9-313;
in deposit accounts, electronic chattel paper, electronic documents, investment property or letter-of-credit rights which is perfected by control under § 47-9-314;
in proceeds which is perfected under § 47-9-315; or
that is perfected under § 47-9-316.
Assignment of perfected security interest. 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.