reglab/housing_qa huggingface dataset:
CT Gen Stat § 42a-9-626 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-626 - Action in which deficiency or surplus is in issue.

 (a) In an action arising from a transaction, other than a consumer transaction, in which the amount of a deficiency or surplus is in issue, the following rules apply:(1) A secured party need not prove compliance with the provisions of this part relating to collection, enforcement, disposition or acceptance unless the debtor or a secondary obligor places the secured party's compliance in issue.(2) If the secured party's compliance is placed in issue, the secured party has the burden of establishing that the collection, enforcement, disposition or acceptance was conducted in accordance with this part.(3) Except as otherwise provided in section 42a-9-628, if a secured party fails to prove that the collection, enforcement, disposition or acceptance was conducted in accordance with the provisions of this part relating to collection, enforcement, disposition or acceptance, the liability of a debtor or a secondary obligor for a deficiency is limited to an amount by which the sum of the secured obligation, expenses and attorney's fees exceeds the greater of:(A) The proceeds of the collection, enforcement, disposition or acceptance; or(B) The amount of proceeds that would have been realized had the noncomplying secured party proceeded in accordance with the provisions of this part relating to collection, enforcement, disposition or acceptance.(4) For purposes of subparagraph (B) of subdivision (3) of this subsection, the amount of proceeds that would have been realized is equal to the sum of the secured obligation, expenses and attorney's fees unless the secured party proves that the amount is less than that sum.(5) If a deficiency or surplus is calculated under subsection (f) of section 42a-9-615, the debtor or obligor has the burden of establishing that the amount of proceeds of the disposition is significantly below the range of prices that a complying disposition to a person other than the secured party, a person related to the secured party or a secondary obligor would have brought.(b) The limitation of the rules in subsection (a) to transactions other than consumer transactions is intended to leave to the court the determination of the proper rules in consumer transactions. The court may not infer from that limitation the nature of the proper rule in consumer transactions and may continue to apply established approaches. Notwithstanding subsection (b) of section 42a-9-627, those approaches may apply principles of existing statutory and case law, including laws concerning the determination of a deficiency or surplus, that apply to analogous consumer transactions in similar goods under part XI of chapter 669 and under other law of this state.(P.A. 01-132, S. 123.)
CT Gen Stat § 42a-9-627 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-627 - Determination of whether conduct was commercially reasonable.

 (a) The fact that a greater amount could have been obtained by a collection, enforcement, disposition or acceptance at a different time or in a different method from that selected by the secured party is not of itself sufficient to preclude the secured party from establishing that the collection, enforcement, disposition or acceptance was made in a commercially reasonable manner.(b) A disposition of collateral is made in a commercially reasonable manner if the disposition is made:(1) In the usual manner on any recognized market;(2) At the price current in any recognized market at the time of the disposition; or(3) Otherwise in conformity with reasonable commercial practices among dealers in the type of property that was the subject of the disposition.(c) A collection, enforcement, disposition or acceptance is commercially reasonable if it has been approved:(1) In a judicial proceeding;(2) By a bona fide creditors' committee;(3) By a representative of creditors; or(4) By an assignee for the benefit of creditors.(d) Approval under subsection (c) need not be obtained, and lack of approval does not mean that the collection, enforcement, disposition or acceptance is not commercially reasonable.(e) Notwithstanding the provisions of subsection (b), in a consumer transaction the determination of a deficiency or surplus is subject to the court determination of the proper rule that applies to a consumer transaction under subsection (b) of section 42a-9-626.(P.A. 01-132, S. 124.)
CT Gen Stat § 42a-9-628 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-628 - Nonliability and limitation on liability of secured party. Liability of secondary obligor.

 (a) Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person and knows how to communicate with the person:(1) The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this article; and(2) The secured party's failure to comply with this article does not affect the liability of the person for a deficiency.(b) A secured party is not liable because of its status as secured party:(1) To a person that is a debtor or obligor, unless the secured party knows:(A) That the person is a debtor or obligor;(B) The identity of the person; and(C) How to communicate with the person; or(2) To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(A) That the person is a debtor; and(B) The identity of the person.(c) A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:(1) A debtor's representation concerning the purpose for which collateral was to be used, acquired or held; or(2) An obligor's representation concerning the purpose for which a secured obligation was incurred.(d) A secured party is not liable to any person under subdivision (2) of subsection (c) of section 42a-9-625 for its failure to comply with section 42a-9-616.(e) A secured party is not liable under subdivision (2) of subsection (c) of section 42a-9-625 more than once with respect to any one secured obligation.(P.A. 01-132, S. 125.)
CT Gen Stat § 42a-9-702 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-702 - Savings clause.

 (a) Except as otherwise provided in this part, public act 01-132* applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before October 1, 2001.(b) Except as otherwise provided in subsection (c) and sections 42a-9-703 to 42a-9-709, inclusive:(1) Transactions and liens that were not governed by sections 42a-9-101 to 42a-9-507, inclusive, of the general statutes, revision of 1958, revised to January 1, 2001, were validly entered into or created before October 1, 2001, and would be subject to public act 01-132* if they had been entered into or created after October 1, 2001, and the rights, duties and interests flowing from those transactions and liens remain valid after October 1, 2001; and(2) The transactions and liens may be terminated, completed, consummated and enforced as required or permitted by public act 01-132* or by the law that otherwise would apply if public act 01-132* had not taken effect.(c) Public act 01-132* does not affect an action, case or proceeding commenced before October 1, 2001.(P.A. 01-132, S. 126.)*Note: Public act 01-132 is entitled “An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2001” in Volume 16 which lists the sections amended, created or repealed by the act.)
CT Gen Stat § 42a-9-703 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-703 - Security interest perfected before October 1, 2001.

 (a) A security interest that is enforceable immediately before October 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under public act 01-132* if, on October 1, 2001, the applicable requirements for enforceability and perfection under public act 01-132* are satisfied without further action.(b) Except as otherwise provided in section 42a-9-705, if, immediately before October 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under public act 01-132* are not satisfied on October 1, 2001, the security interest:(1) Is a perfected security interest for one year after October 1, 2001;(2) Remains enforceable thereafter only if the security interest becomes enforceable under section 42a-9-203 before the year expires; and(3) Remains perfected thereafter only if the applicable requirements for perfection under public act 01-132* are satisfied before the year expires.(P.A. 01-132, S. 127.)*Note: Public act 01-132 is entitled “An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2001” in Volume 16 which lists the sections amended, created or repealed by the act.)
CT Gen Stat § 42a-9-704 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-704 - Security interest unperfected before October 1, 2001.

 A security interest that is enforceable immediately before October 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:(1) Remains an enforceable security interest for one year after October 1, 2001;(2) Remains enforceable thereafter if the security interest becomes enforceable under section 42a-9-203 on October 1, 2001, or within one year thereafter; and(3) Becomes perfected:(A) Without further action, on October 1, 2001, if the applicable requirements for perfection under public act 01-132* are satisfied before or at that time; or(B) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.(P.A. 01-132, S. 128.)*Note: Public act 01-132 is entitled “An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2001” in Volume 16 which lists the sections amended, created or repealed by the act.)
CT Gen Stat § 42a-9-706 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-706 - When initial financing statement suffices to continue effectiveness of financing statement.

 (a) The filing of an initial financing statement in the office specified in section 42a-9-501 continues the effectiveness of a financing statement filed before October 1, 2001, if:(1) The filing of an initial financing statement in that office would be effective to perfect a security interest under public act 01-132*;(2) The pre-effective-date financing statement was filed in an office in another state or another office in this state; and(3) The initial financing statement satisfies subsection (c).(b) The filing of an initial financing statement under subsection (a) continues the effectiveness of the pre-effective-date financing statement:(1) If the initial financing statement is filed before October 1, 2001, for the period provided in section 42a-9-403 of the general statutes, revision of 1958, revised to January 1, 2001, with respect to a financing statement; and(2) If the initial financing statement is filed after October 1, 2001, for the period provided in section 42a-9-515 with respect to an initial financing statement.(c) To be effective for purposes of subsection (a), an initial financing statement must:(1) Satisfy the requirements of part 5 of this article for an initial financing statement;(2) Identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3) Indicate that the pre-effective-date financing statement remains effective.(P.A. 01-132, S. 130.)*Note: Public act 01-132 is entitled “An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2001” in Volume 16 which lists the sections amended, created or repealed by the act.)
CT Gen Stat § 42a-9-707 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-707 - Amendment of pre-effective-date financing statement.

 (a) In this section, “pre-effective-date financing statement” means a financing statement filed before October 1, 2001.(b) After October 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in part 3 of this article. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(c) Except as otherwise provided in subsection (d), if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after October 1, 2001, only if:(1) The pre-effective-date financing statement and an amendment are filed in the office specified in section 42a-9-501;(2) An amendment is filed in the office specified in section 42a-9-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies subsection (c) of section 42a-9-706; or(3) An initial financing statement that provides the information as amended and satisfies subsection (c) of section 42a-9-706 is filed in the office specified in section 42a-9-501.(d) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under subsections (d) and (f) of section 42a-9-705 or section 42a-9-706.(e) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after October 1, 2001, by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies subsection (c) of section 42a-9-706 has been filed in the office specified by the law of the jurisdiction governing perfection as provided in part 3 of this article as the office in which to file a financing statement.(P.A. 01-132, S. 131.)
CT Gen Stat § 42a-9-708 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-708 - Persons entitled to file initial financing statement or continuation statement.

 A person may file an initial financing statement or a continuation statement under this part if:(1) The secured party of record authorizes the filing; and(2) The filing is necessary under this part:(A) To continue the effectiveness of a financing statement filed before October 1, 2001; or(B) To perfect or continue the perfection of a security interest.(P.A. 01-132, S. 132.)
CT Gen Stat § 42a-9-709 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-709 - Priority.

 (a) Public act 01-132* determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before October 1, 2001, sections 42a-9-101 to 42a-9-507, inclusive, of the general statutes, revision of 1958, revised to January 1, 2001, determine priority.(b) For purposes of subsection (a) of section 42a-9-322, the priority of a security interest that becomes enforceable under section 42a-9-203 dates from October 1, 2001, if the security interest is perfected under public act 01-132* by the filing of a financing statement before October 1, 2001, which would not have been effective to perfect the security interest under sections 42a-9-101 to 42a-9-507, inclusive, of the general statutes, revision of 1958, revised to January 1, 2001. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.(P.A. 01-132, S. 133.)*Note: Public act 01-132 is entitled “An Act Adopting Revised Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2001” in Volume 16 which lists the sections amended, created or repealed by the act.)
CT Gen Stat § 42a-9-802 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-802 - Savings clause.

 (a) Except as otherwise provided in this part, public act 11-108* applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013.(b) Public act 11-108* does not affect an action, case or proceeding commenced before July 1, 2013.(P.A. 11-108, S. 18.)*Note: Public act 11-108 is entitled “An Act Concerning Amendments to Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2011” in Volume 16 which lists the sections amended, created or repealed by the act.)History: P.A. 11-108 effective July 1, 2013.
CT Gen Stat § 42a-9-803 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-803 - Security interest perfected before July 1, 2013.

 (a) A security interest that is a perfected security interest immediately before July 1, 2013, is a perfected security interest under this article, as amended by public act 11-108*, if, on July 1, 2013, the applicable requirements for attachment and perfection under this article, as amended by public act 11-108*, are satisfied without further action.(b) Except as otherwise provided in section 42a-9-805, if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under this article, as amended by public act 11-108*, are not satisfied on July 1, 2013, the security interest remains perfected thereafter only if the applicable requirements for perfection under this article, as amended by public act 11-108*, are satisfied within one year after July 1, 2013.(P.A. 11-108, S. 19.)*Note: Public act 11-108 is entitled “An Act Concerning Amendments to Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2011” in Volume 16 which lists the sections amended, created or repealed by the act.)History: P.A. 11-108 effective July 1, 2013.
CT Gen Stat § 42a-9-804 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-804 - Security interest unperfected before July 1, 2013.

 A security interest that is an unperfected security interest immediately before July 1, 2013, becomes a perfected security interest:(1) Without further action, on July 1, 2013, if the applicable requirements for perfection under this article, as amended by public act 11-108*, are satisfied before or at that time; or(2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.(P.A. 11-108, S. 20.)*Note: Public act 11-108 is entitled “An Act Concerning Amendments to Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2011” in Volume 16 which lists the sections amended, created or repealed by the act.)History: P.A. 11-108 effective July 1, 2013.
CT Gen Stat § 42a-9-806 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-806 - When initial financing statement suffices to continue effectiveness of financing statement.

 (a) The filing of an initial financing statement in the office specified in section 42a-9-501 continues the effectiveness of a financing statement filed before July 1, 2013, if:(1) The filing of an initial financing statement in that office would be effective to perfect a security interest under this article, as amended by public act 11-108*;(2) The pre-effective-date financing statement, as defined in section 42a-9-807, was filed in an office in another state; and(3) The initial financing statement satisfies subsection (c) of this section.(b) The filing of an initial financing statement under subsection (a) of this section continues the effectiveness of the pre-effective-date financing statement, as defined in section 42a-9-807:(1) If the initial financing statement is filed before July 1, 2013, for the period provided in section 42a-9-515 in effect on June 30, 2013, with respect to an initial financing statement; and(2) If the initial financing statement is filed on or after July 1, 2013, for the period provided in section 42a-9-515, as amended by public act 11-108*, with respect to an initial financing statement.(c) To be effective for purposes of subsection (a) of this section, an initial financing statement must:(1) Satisfy the requirements of part 5 of this article, as amended by public act 11-108*, for an initial financing statement;(2) Identify the pre-effective-date financing statement, as defined in section 42a-9-807, by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3) Indicate that the pre-effective-date financing statement, as defined in section 42a-9-807, remains effective.(P.A. 11-108, S. 22.)*Note: Public act 11-108 is entitled “An Act Concerning Amendments to Article 9 of the Uniform Commercial Code Concerning Secured Transactions”. (See Reference Table captioned “Public Acts of 2011” in Volume 16 which lists the sections amended, created or repealed by the act.)History: P.A. 11-108 effective July 1, 2013.