reglab/housing_qa huggingface dataset:
CT Gen Stat § 42a-8-601 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 8 - Investment Securities|Section 42a-8-601 - Savings clause.

 (a) Public act 97-182* does not affect an action or proceeding commenced before October 1, 1997.(b) If a security interest in a security is perfected as of October 1, 1997, and the action by which the security interest was perfected would suffice to perfect a security interest under public act 97-182*, no further action is required to continue perfection. If a security interest in a security is perfected as of October 1, 1997, but the action by which the security interest was perfected would not suffice to perfect a security interests under public act 97-182*, the security interest remains perfected for a period of four months after October 1, 1997, and continues perfected thereafter if appropriate action to perfect under public act 97-182* is taken within that period. If a security interest is perfected as of October 1, 1997, and the security interest can be perfected by filing under public act 97-182*, a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect.(P.A. 97-182, S. 67.)*Note: Public act 97-182 is entitled “An Act Revising Article 8 of the Uniform Commercial Code Concerning Investment Securities”. (See Reference Table captioned “Public Acts of 1997” in Volume 16 which lists the sections amended, created or repealed by the act.)
CT Gen Stat § 42a-9-101 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-101 - Short title.

 This article may be cited as “Uniform Commercial Code–Secured Transactions”.(1959, P.A. 133, S. 9-101; P.A. 01-132, S. 1.)History: P.A. 01-132 replaced “shall be known and may be cited” with “may be cited”.Cited. 4 CA 58.
CT Gen Stat § 42a-9-103 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-103 - Accounts, contract rights, general intangibles and equipment relating to another jurisdiction; incoming goods already subject to security interest.

 Section 42a-9-103 is repealed.(1959, P.A. 133, S. 9-103; 1963, P.A. 526, S. 21; P.A. 76-369, S. 8.)
CT Gen Stat § 42a-9-104 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-104 - Control of deposit account.

 (a) A secured party has control of a deposit account if:(1) The secured party is the bank with which the deposit account is maintained;(2) The debtor, secured party and bank have agreed in an authenticated record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor; or(3) The secured party becomes the bank's customer with respect to the deposit account.(b) A secured party that has satisfied subsection (a) of this section has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.(1959, P.A. 133, S. 9-104; P.A. 76-369, S. 10; P.A. 96-198, S. 21; P.A. 01-132, S. 4.)History: P.A. 76-369 deleted specific reference to Ship Mortgage Act in Subdiv. (a), exempted transfer by governments or governmental agencies rather than equipment trusts covering railway rolling stock in Subdiv. (e), clarified exemption re contract rights and added transfers of single accounts as satisfaction of preexisting indebtedness in Subdiv. (f), added exception re proceeds in Subdiv. (g), specified applicability to judgments “taken on a right to payment which was collateral” in Subdiv. (h) and clarified exemption for deposit accounts in Subdiv. (k), adding exception re proceeds; P.A. 96-198 added Subdiv. (m) making article inapplicable to a transfer of an interest in a letter of credit other than the rights to proceeds of a written letter of credit; P.A. 01-132 replaced former provisions re transactions excluded from article with provisions re when a secured party has control of a deposit account.
CT Gen Stat § 42a-9-106 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-106 - Control of investment property.

 (a) A person has control of a certificated security, uncertificated security or security entitlement as provided in section 42a-8-106.(b) A secured party has control of a commodity contract if:(1) The secured party is the commodity intermediary with which the commodity contract is carried; or(2) The commodity customer, secured party and commodity intermediary have agreed that the commodity intermediary will apply any value distributed on account of the commodity contract as directed by the secured party without further consent by the commodity customer.(c) A secured party having control of all security entitlements or commodity contracts carried in a securities account or commodity account has control over the securities account or commodity account.(1959, P.A. 133, S. 9-106; P.A. 76-369, S. 12; P.A. 96-198, S. 23; P.A. 97-182, S. 54; P.A. 01-132, S. 6.)History: P.A. 76-369 redefined “account” to specify right to payment “whether or not it has been earned by performance”, deleted definition of “contract right”, redefined “general intangibles” to include money and added provision re charter or contract involving use or hire of vessel; P.A. 96-198 redefined “general intangibles” to exclude “rights to proceeds of written letters of credit”; P.A. 97-182 redefined “general intangibles” to exclude investment property; P.A. 01-132 replaced former provisions defining “account” and “general intangibles” with provisions re when a person or secured party has control of investment property.
CT Gen Stat § 42a-9-107 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-107 - Control of letter-of-credit right.

 A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated person if the issuer or nominated person has consented to an assignment of proceeds of the letter of credit under subsection (c) of section 42a-5-114 or otherwise applicable law or practice.(1959, P.A. 133, S. 9-107; P.A. 01-132, S. 7.)History: P.A. 01-132 replaced former provisions defining “purchase money security interest” with provisions re when a secured party has control of a letter-of-credit right.
CT Gen Stat § 42a-9-108 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-108 - Sufficiency of description.

 (a) Except as otherwise provided in subsections (c), (d) and (e), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.(b) Except as otherwise provided in subsection (d), a description of collateral reasonably identifies the collateral if it identifies the collateral by:(1) Specific listing;(2) Category;(3) Except as otherwise provided in subsection (e), a type of collateral defined in this title;(4) Quantity;(5) Computational or allocational formula or procedure; or(6) Except as otherwise provided in subsection (c), any other method, if the identity of the collateral is objectively determinable.(c) A description of collateral as “all the debtor's assets” or “all the debtor's personal property” or using words of similar import does not reasonably identify the collateral.(d) Except as otherwise provided in subsection (e), a description of a security entitlement, securities account or commodity account is sufficient if it describes:(1) The collateral by those terms or as investment property; or(2) The underlying financial asset or commodity contract.(e) A description only by type of collateral defined in this title is an insufficient description of:(1) A commercial tort claim; or(2) In a consumer transaction, consumer goods, a security entitlement, a securities account or a commodity account.(1959, P.A. 133, S. 9-108; P.A. 01-132, S. 8.)History: P.A. 01-132 replaced former provisions re when after-acquired collateral is deemed to be taken for new value and not as security for an antecedent debt with provisions re when a description of real or personal property, collateral or investment property is sufficient.Annotation to former section 42a-9-110:Cited. 25 CS 335.
CT Gen Stat § 42a-9-110 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-110 - Security interests arising under article 2 or 2A.

 A security interest arising under section 42a-2-401, section 42a-2-505, subsection (3) of section 42a-2-711 or subsection (d) of section 42a-2A-724 is subject to this article. However, until the debtor obtains possession of the goods;(1) The security interest is enforceable, even if subdivision (3) of subsection (b) of section 42a-9-203 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 article 2 or 2A; and(4) The security interest has priority over a conflicting security interest created by the debtor.(1959, P.A. 133, S. 9-110; P.A. 01-132, S. 10; P.A. 02-131, S. 96.)History: P.A. 01-132 replaced former provisions re when a description of personal property or real estate is sufficient with provisions re when a security interest arising under certain provisions of article 2 is subject to this article; P.A. 02-131 added references to Sec. 42a-2A-724(d) and article 2A.
CT Gen Stat § 42a-9-111 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-111 - Applicability of bulk transfer laws.

 Section 42a-9-111 is repealed.(1959, P.A. 133, S. 9-111; P.A. 93-107, S. 4.)
CT Gen Stat § 42a-9-201 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-201 - General effectiveness of security agreement.

 (a) Except as otherwise provided in this title, a security agreement is effective according to its terms between the parties, against purchasers of the collateral and against creditors.(b) A transaction subject to this article is subject to any applicable rule of law which establishes a different rule for consumers and sections 36a-555 to 36a-573, inclusive, and sections 36a-770 to 36a-786, inclusive.(c) In case of conflict between this article and a rule of law, statute or regulation described in subsection (b), the rule of law, statute or regulation controls. Failure to comply with a statute or regulation described in subsection (b) has only the effect the statute or regulation specifies.(d) This article does not:(1) Validate any rate, charge, agreement or practice that violates a rule of law, statute or regulation described in subsection (b); or(2) Extend the application of the rule of law, statute or regulation to a transaction not otherwise subject to it.(1959, P.A. 133, S. 9-201; P.A. 01-132, S. 11.)History: P.A. 01-132 designated existing provision re general effectiveness of security agreement as Subsec. (a), added Subsec. (b) re applicability of consumer laws, added Subsec. (c) re primacy of other applicable law in case of conflict and designated existing provisions re deference to other applicable law as Subsec. (d) and amended to revise and rephrase provisions.Cited. 168 C. 152; 211 C. 613. Former Sec. 42a-9-203(4) cited. 231 C. 707.Cited. 18 CA 265.
CT Gen Stat § 42a-9-202 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-202 - Title to collateral immaterial.

 Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles or promissory notes, the provisions of this article with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.(1959, P.A. 133, S. 9-202; P.A. 01-132, S. 12.)History: P.A. 01-132 added “Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles or promissory notes” and deleted reference to provisions re “remedies”.Cited. 4 CA 58.Cited. 25 CS 335.
CT Gen Stat § 42a-9-204 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-204 - After-acquired property. Future advances.

 (a) Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral.(b) A security interest does not attach under a term constituting an after-acquired property clause to:(1) Consumer goods, other than an accession when given as additional security, unless the debtor acquires rights in them within ten days after the secured party gives value; or(2) A commercial tort claim.(c) A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment.(1959, P.A. 133, S. 9-204; P.A. 76-369, S. 15; P.A. 01-132, S. 14.)History: P.A. 76-369 deleted former Subsecs. (1) to (4)(a) re attachment of security interest and debtor's rights, inserted new Subsec. (1), designated former Subsec. (4)(b) as Subsec. (2) and renumbered former Subsec. (5) as Subsec. (3); P.A. 01-132 redesignated former Subsecs. (1), (2) and (3) as Subsecs. (a), (b) and (c), amended Subsec. (a) to rephrase provisions, amended Subsec. (b) to rephrase provisions and add Subdiv. (2) re commercial tort claim and amended Subsec. (c) to rephrase provisions.Security agreement including as collateral all inventory “owned or hereafter acquired” was applicable to inventory acquired after the agreement was filed. 168 C. 152.Mere possession of property by debtor does not give him rights in it which he is required to have before it can be collateral in a security transaction. 25 CS 327. Cited. 35 CS 73.
CT Gen Stat § 42a-9-205 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-205 - Use or disposition of collateral permissible.

 (a) A security interest is not invalid or fraudulent against creditors solely because:(1) The debtor has the right or ability to:(A) Use, commingle or dispose of all or part of the collateral, including returned or repossessed goods;(B) Collect, compromise, enforce or otherwise deal with collateral;(C) Accept the return of collateral or make repossessions; or(D) Use, commingle or dispose of proceeds; or(2) The secured party fails to require the debtor to account for proceeds or replace collateral.(b) This section does not relax the requirements of possession if attachment, perfection or enforcement of a security interest depends upon possession of the collateral by the secured party.(1959, P.A. 133, S. 9-205; P.A. 76-369, S. 16; P.A. 01-132, S. 15.)History: P.A. 76-369 deleted reference to collection or compromise of contract rights; P.A. 01-132 rephrased provisions and inserted Subsec., Subdiv. and Subpara. designators.
CT Gen Stat § 42a-9-206 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-206 - Security interest arising in purchase or delivery of financial asset.

 (a) A security interest in favor of a securities intermediary attaches to a person's security entitlement if:(1) The person buys a financial asset through the securities intermediary in a transaction in which the person is obligated to pay the purchase price to the securities intermediary at the time of the purchase; and(2) The securities intermediary credits the financial asset to the buyer's securities account before the buyer pays the securities intermediary.(b) The security interest described in subsection (a) secures the person's obligation to pay for the financial asset.(c) A security interest in favor of a person that delivers a certificated security or other financial asset represented by a writing attaches to the security or other financial asset if:(1) The security or other financial asset:(A) In the ordinary course of business is transferred by delivery with any necessary endorsement or assignment; and(B) Is delivered under an agreement between persons in the business of dealing with such securities or financial assets; and(2) The agreement calls for delivery against payment.(d) The security interest described in subsection (c) secures the obligation to make payment for the delivery.(1959, P.A. 133, S. 9-206; 1963, P.A. 526, S. 22; P.A. 01-132, S. 16.)History: 1963 act added references to lessees and lessors in Subsec. (1); P.A. 01-132 replaced former provisions re enforceability of agreement by a buyer or lessee not to assert claims or defenses against an assignee and re applicability of article 2 to a sale and the seller's warranties when a seller retains a purchase money security interest in goods with provisions re security interest arising in the purchase or delivery of financial asset.
CT Gen Stat § 42a-9-206a (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-206a - Effectiveness of security agreement in household furniture.

 Any agreement for security in household furniture owned and in the possession of an individual and used primarily for housekeeping purposes shall be effective only to the extent that the agreement involves a purchase-money security interest as provided in section 42a-9-103a.(P.A. 01-132, S. 182.)
CT Gen Stat § 42a-9-207 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-207 - Rights and duties of secured party having possession or control of collateral.

 (a) Except as otherwise provided in subsection (d), a secured party shall use reasonable care in the custody and preservation of collateral in the secured party's possession. In the case of chattel paper or an instrument, reasonable care includes taking necessary steps to preserve rights against prior parties unless otherwise agreed.(b) Except as otherwise provided in subsection (d), if a secured party has possession of collateral:(1) Reasonable expenses, including the cost of insurance and payment of taxes or other charges, incurred in the custody, preservation, use or operation of the collateral are chargeable to the debtor and are secured by the collateral;(2) The risk of accidental loss or damage is on the secured party to the extent of a deficiency in any effective insurance coverage;(3) The secured party shall keep the collateral identifiable, but fungible collateral may be commingled; and(4) The secured party may use or operate the collateral:(A) For the purpose of preserving the collateral or its value;(B) As permitted by an order of a court having competent jurisdiction; or(C) Except in the case of consumer goods, in the manner and to the extent agreed by the debtor.(c) Except as otherwise agreed by a debtor other than a consumer debtor or as otherwise provided in subsection (d) of this section, a secured party having possession of collateral or control of collateral under section 42a-7-106, 42a-9-104, 42a-9-105, 42a-9-106 or 42a-9-107:(1) May hold as additional security any proceeds, except money or funds, received from the collateral;(2) Shall apply money or funds received from the collateral to reduce the secured obligation, unless remitted to the debtor; and(3) May create a security interest in the collateral.(d) If the secured party is a buyer of accounts, chattel paper, payment intangibles or promissory notes or a consignor:(1) Subsection (a) does not apply unless the secured party is entitled under an agreement:(A) To charge back uncollected collateral; or(B) Otherwise to full or limited recourse against the debtor or a secondary obligor based on the nonpayment or other default of an account debtor or other obligor on the collateral; and(2) Subsections (b) and (c) do not apply.(1959, P.A. 133, S. 9-207; P.A. 01-132, S. 17; P.A. 04-64, S. 63.)History: P.A. 01-132 substantially revised and reordered provisions including replacing numeric Subsec. designators with alphabetic designators and alphabetic Subdiv. designators with numeric designators, amending Subsec. (b)(2) to shift the risk of accidental loss or damage from the debtor to the secured party and adding Subsec. (d) re applicability of section if the secured party is a buyer of accounts, chattel paper, payment intangibles or promissory notes or a consignor; P.A. 04-64 amended Subsec. (c) by making a technical change and adding reference to Sec. 42a-7-106 to conform to revisions made to article 7 by the same act.
CT Gen Stat § 42a-9-209 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-209 - Duties of secured party if account debtor has been notified of assignment.

 (a) Except as otherwise provided in subsection (c), this section applies if:(1) There is no outstanding secured obligation; and(2) The secured party is not committed to make advances, incur obligations or otherwise give value.(b) Within ten days after receiving an authenticated demand by the debtor, a secured party shall send to an account debtor that has received notification of an assignment to the secured party as assignee under subsection (a) of section 42a-9-406 an authenticated record that releases the account debtor from any further obligation to the secured party.(c) This section does not apply to an assignment constituting the sale of an account, chattel paper or payment intangible.(1963, P.A. 526, S. 23; P.A. 01-132, S. 19.)History: P.A. 01-132 replaced former provisions re effectiveness of a security agreement in household furniture with provisions re duties of a secured party if an account debtor has been notified of an assignment.