reglab/housing_qa huggingface dataset:
810 ILCS 5/9-306.01
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-306.01)Sec. 9-306.01.     (Blank).     (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-306.02
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-306.02)Sec. 9-306.02.     (Blank).     (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-306.1
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

Sec. 9-306.1.         Law Governing Perfection and Priority of Collateral  Assignments  of  Beneficial Interests in Illinois Land Trusts. The local law of the State of  Illinois governs perfection, the effect of perfection or nonperfection, and the  priority of a collateral assignment of, or other security interest in, a  beneficial interest in an Illinois  land  trust.  This Section implements the important interest of this State in matters  associated with the administration of Illinois land trusts created for the  principal purpose of owning an interest in Illinois land and the regulation of  restrictions on the transfer of beneficial interests in, and of the power of  appointments under, such trusts.    (Source: P.A. 92-234, eff. 1-1-02.)
810 ILCS 5/9-307.1
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-307.1)Sec. 9-307.1.     (Blank).     (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-307.2
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-307.2)Sec. 9-307.2.     (Blank).     (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/Art. 9 Pt. 3 Sub. 2 heading
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 SUBPART 2.      PERFECTION
810 ILCS 5/9-308
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-308)Sec. 9-308.         When security interest or agricultural lien is perfected;  continuity of perfection.(a) Perfection of security interest.  Except as otherwise provided  in this Section and Section 9-309, a security interest is perfected if it has  attached  and all of the applicable requirements for perfection in Sections 9-310 through  9-316 have been satisfied.  A security interest is perfected when it attaches  if the  applicable requirements are satisfied before the security interest attaches.(b) Perfection of agricultural lien.  An agricultural lien is  perfected if it has become effective and all of the applicable requirements for  perfection in Section 9-310 have been satisfied.  An agricultural lien is  perfected  when it becomes effective if the applicable requirements are satisfied before  the  agricultural lien becomes effective.(c) Continuous perfection; perfection by different methods.  A  security interest or agricultural lien is perfected continuously if it is originally  perfected by one method under this Article and is later perfected by another method  under this Article, without an intermediate period when it was unperfected.(d) Supporting obligation.  Perfection of a security interest in  collateral also perfects a security interest in a supporting obligation for the  collateral.(e) Lien securing right to payment.  Perfection of a security  interest in a right to payment or performance also perfects a security interest in a  security interest, mortgage, or other lien on personal or real property securing the  right.(f) Security entitlement carried in securities account.  Perfection  of a security interest in a securities account also perfects a security  interest in the  security entitlements carried in the securities account.(g) Commodity contract carried in commodity account.  Perfection of a security interest in a commodity account also perfects a  security  interest in the commodity contracts carried in the commodity account.    (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-309
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-309)Sec. 9-309.     Security interest perfected upon attachment.     The following  security interests are perfected when they attach:(1) a purchase-money security interest in consumer     goods, except as otherwise provided in Section 9-311(b) with respect to consumer goods that are subject to a statute or treaty described in Section 9-311(a);(2) an assignment of accounts or payment intangibles     which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles;(3) a sale of a payment intangible;(4) a sale of a promissory note;(5) a security interest created by the assignment of     a health-care-insurance receivable to the provider of the health-care goods or services;(6) a security interest arising under Section 2-401,     2-505, 2-711(3), or 2A-508(5), until the debtor obtains possession of the collateral;(7) a security interest of a collecting bank arising     under Section 4-210;(8) a security interest of an issuer or nominated     person arising under Section 5-118;(9) a security interest arising in the delivery of a     financial asset under Section 9-206(c);(10) a security interest in investment property     created by a broker or securities intermediary;(11) a security interest in a commodity contract or a     commodity account created by a commodity intermediary;(12) an assignment for the benefit of all creditors     of the transferor and subsequent transfers by the assignee thereunder; and(13) a security interest created by an assignment of     a beneficial interest in a decedent's estate.   (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-310
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-310)Sec. 9-310. When filing required to perfect security interest or  agricultural lien; security interests and agricultural liens to which filing  provisions do not apply.(a) General rule:  perfection by filing.  Except as otherwise  provided in subsection (b) and Section 9-312(b), a financing statement must be  filed to perfect all security interests and agricultural  liens.(b) Exceptions:  filing not necessary.  The filing of a financing  statement is not necessary to perfect a security interest:(1) that is perfected under Section 9-308(d), (e),     (f), or (g);(2) that is perfected under Section 9-309 when it     attaches;(3) in property subject to a statute, regulation, or     treaty described in Section 9-311(a);(4) in goods in possession of a bailee which is     perfected under Section 9-312(d)(1) or (2);(5) in certificated securities, documents, goods, or     instruments which is perfected without filing, control, or possession under Section 9-312(e), (f), or (g);(6) in collateral in the secured party's possession     under Section 9-313;(7) in a certificated security which is perfected by     delivery of the security certificate to the secured party under Section 9-313;(8) in deposit accounts, electronic chattel paper,     electronic documents, investment property, letter-of-credit rights, or beneficial interests in Illinois land trusts which is perfected by control under Section 9-314;(9) in proceeds which is perfected under Section     9-315; or(10) that is perfected under Section 9-316.(c) Assignment of perfected security interest.  If a secured party  assigns a perfected security interest or agricultural lien, a filing under this  Article is  not required to continue the perfected status of the security interest against  creditors  of and transferees from the original debtor.  (Source: P.A. 95-895, eff. 1-1-09.)
810 ILCS 5/9-311
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-311)Sec. 9-311. Perfection of security interests in property subject to  certain  statutes, regulations, and treaties.(a) Security interest subject to other law.  Except as otherwise  provided in subsection (d), the filing of a financing statement is not  necessary or  effective to perfect a security interest in property subject to:(1) a statute, regulation, or treaty of the United     States whose requirements for a security interest's obtaining priority over the rights of a lien creditor with respect to the property preempt Section 9-310(a);(2) the Illinois Vehicle Code or the Boat     Registration and Safety Act; or(3) a statute of another jurisdiction which provides     for a security interest to be indicated on a certificate of title as a condition or result of the security interest's obtaining priority over the rights of a lien creditor with respect to the property.(b) Compliance with other law.  Compliance with the  requirements of a statute, regulation, or treaty described in subsection (a)  for  obtaining priority over the rights of a lien creditor is equivalent to the  filing of a  financing statement under this Article.  Except as otherwise provided in subsection  (d) and Sections 9-313 and 9-316(d) and (e) for goods covered by a certificate of  title, a security interest in property subject to a statute, regulation, or treaty  described in subsection (a) may be perfected only by compliance with those  requirements, and a security interest so perfected remains perfected  notwithstanding a change in the use or transfer of possession of the collateral.(c) Duration and renewal of perfection.  Except as otherwise  provided in subsection (d) and Section 9-316(d) and (e), duration and renewal  of  perfection of a security interest perfected by compliance with the requirements  prescribed by a statute, regulation, or treaty described in subsection (a) are  governed by the statute, regulation, or treaty.  In other respects, the  security interest  is subject to this Article.(d) Inapplicability to certain inventory.  During any period in  which  collateral subject to a  statute specified in subsection (a)(2)  is inventory held for sale or lease by a person or leased by  that  person as lessor and that person is in the business of selling or leasing goods  of that  kind, this Section does not apply to a security interest in that collateral  created by  that person as debtor.  (Source: P.A. 97-1034, eff. 7-1-13.)
810 ILCS 5/9-314
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-314)Sec. 9-314. Perfection by control.(a) Perfection by control.  A security interest in investment  property, deposit accounts,  electronic chattel paper, letter-of-credit rights,  electronic documents, or beneficial interests in Illinois land trusts may be  perfected by control of the collateral under Section 7-106, 9-104, 9-105, 9-106,  9-107, or 9-107.1.(b) Specified collateral:  time of perfection by control;  continuation of perfection.  A security interest in deposit accounts,  electronic  chattel paper, letter-of-credit rights,  electronic documents, or beneficial interests in Illinois land trusts  is perfected by control under Section  7-106, 9-104,  9-105, 9-107, or 9-107.1 when the secured party obtains control and  remains perfected by  control only while the secured party retains control.(c) Investment property:  time of perfection by control;  continuation of perfection.  A security interest in investment property is  perfected  by control under Section 9-106 from the time the secured party obtains control  and  remains perfected by control until:(1) the secured party does not have control; and(2) one of the following occurs:(A) if the collateral is a certificated security,         the debtor has or acquires possession of the security certificate;(B) if the collateral is an uncertificated         security, the issuer has registered or registers the debtor as the registered owner; or(C) if the collateral is a security entitlement,         the debtor is or becomes the entitlement holder. (Source: P.A. 95-895, eff. 1-1-09.)
810 ILCS 5/9-315
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-315)Sec. 9-315.         Secured party's rights on disposition of collateral and in  proceeds.(a) Disposition of collateral:  continuation of security interest or  agricultural lien; proceeds.  Except as otherwise provided in this Article and  in  Section 2-403(2):(1) a security interest or agricultural lien     continues in collateral notwithstanding sale, lease, license, exchange, or other disposition thereof unless the secured party authorized the disposition free of the security interest or agricultural lien; and(2) a security interest attaches to any identifiable     proceeds of collateral.(b) When commingled proceeds identifiable.  Proceeds that are  commingled with other property are identifiable proceeds:(1) if the proceeds are goods, to the extent provided     by Section 9-336; and(2) if the proceeds are not goods, to the extent that     the secured party identifies the proceeds by a method of tracing, including application of equitable principles, that is permitted under law other than this Article with respect to commingled property of the type involved.(c) Perfection of security interest in proceeds.  A security interest  in proceeds is a perfected security interest if the security interest in the original  collateral was perfected.(d) Continuation of perfection.  A perfected security interest in  proceeds becomes unperfected on the 21st day after the security interest attaches to  the proceeds unless:(1) the following conditions are satisfied:(A) a filed financing statement covers the         original collateral;(B) the proceeds are collateral in which a         security interest may be perfected by filing in the office in which the financing statement has been filed; and(C) the proceeds are not acquired with cash         proceeds;(2) the proceeds are identifiable cash proceeds; or(3) the security interest in the proceeds is     perfected other than under subsection (c) when the security interest attaches to the proceeds or within 20 days thereafter.(e) When perfected security interest in proceeds becomes  unperfected.  If a filed financing statement covers the original collateral, a  security  interest in proceeds which remains perfected under subsection (d)(1) becomes  unperfected at the later of:(1) when the effectiveness of the filed financing     statement lapses under Section 9-515 or is terminated under Section 9-513; or(2) the 21st day after the security interest attaches     to the proceeds.   (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-315.01
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

Sec. 9-315.01.         Debtor disposing of collateral and failing to pay secured  party  amount due under security agreement; penalties for violation.(1) It is unlawful for a debtor under the terms of a security agreement  (a)  who has  no right of sale or other disposition of the collateral or (b) who has a right  of sale or other  disposition of the collateral and is to account to the secured party for the  proceeds of any  sale or other disposition of the collateral, to sell or otherwise dispose of  the collateral and  willfully and wrongfully to fail to pay the secured party the amount of said  proceeds due  under the security agreement.  Failure to pay such proceeds to the secured  party within 10  days after the sale or other disposition of the collateral is prima facie  evidence of a willful  and wanton failure to pay.(2) An individual convicted of a violation of this Section shall be guilty  of  a Class  3 felony.(3) A corporation convicted of a violation of this Section shall be guilty  of  a  business offense and shall be fined not less than $2,000 nor more than $10,000.(4) In the event the debtor under the terms of a security agreement is a  corporation  or a partnership, any officer, director, manager, or managerial agent of the  debtor who  violates this Section or causes the debtor to violate this Section shall be  guilty of a Class  3 felony.    (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-315.02
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

Sec. 9-315.02.         Disposal of collateral by debtor to persons  other than those previously disclosed to secured party - penalties for  violation - defense.(1) Where, pursuant to Section 9-205.1, a secured party has required that  before the debtor sells or otherwise disposes of collateral in the debtor's  possession he disclose to the secured party the persons to whom he desires to  sell or otherwise dispose of such collateral, it is unlawful for the debtor to  sell or otherwise dispose of the collateral to a person other than a person so  disclosed to the secured party.(2) An individual convicted of a violation of this Section shall be guilty  of a Class A misdemeanor.(3) A corporation convicted of a violation of this Section shall be guilty  of a business offense and shall be fined not less than $2,000 nor more than  $10,000.(4) In the event the debtor under the terms of a security agreement is a  corporation or a partnership, any officer, director, manager, or managerial  agent of the debtor who violates this Section or causes the debtor to violate  this Section shall be guilty of a Class A misdemeanor.(5) It is an affirmative defense to a prosecution for the violation of this  Section that the debtor has paid to the secured party the proceeds from the  sale or other disposition of the collateral within 10 days after such sale or  disposition.    (Source: P.A. 91-893, eff. 7-1-01; 92-16, eff. 6-28-01.)
810 ILCS 5/Art. 9 Pt. 3 Sub. 3 heading
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 SUBPART 3.      PRIORITY
810 ILCS 5/9-317
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-317)Sec. 9-317. Interests that take priority over or take free of  security interest or agricultural lien.(a) Conflicting security interests and rights of lien creditors.  A  security interest or agricultural lien is subordinate to the rights  of:(1) a person entitled to priority under Section     9-322; and(2) except as otherwise provided in subsection (e) or     (f), a person that becomes a lien creditor before the earlier of the time:(A) the security interest or agricultural lien is         perfected; or(B) one of the conditions specified in Section         9-203(b)(3) is met and a financing statement covering the collateral is filed.(b) Buyers that receive delivery.  Except as otherwise provided in  subsection (e), a buyer, other than a secured party, of tangible chattel paper,  tangible documents, goods, instruments, or a certificated security takes free of a  security  interest or agricultural lien if the buyer gives value and receives delivery of  the  collateral without knowledge of the security interest or agricultural lien and  before  it is perfected.(c) Lessees that receive delivery.  Except as otherwise provided in  subsection (e), a lessee of goods takes free of a security interest or agricultural lien  if the lessee gives value and receives delivery of the collateral without knowledge  of the security interest or agricultural lien and before it is perfected.(d) Licensees and buyers of certain collateral.  A licensee of a  general intangible or a buyer, other than a secured party, of collateral other than tangible chattel paper, tangible documents, goods, instruments, or a certificated  security takes free of a security interest if the licensee or buyer gives value  without  knowledge of the security interest and before it is perfected.(e) Purchase-money security interest.  Except as otherwise  provided in Sections 9-320 and 9-321, if a person files a financing statement  with  respect to a purchase-money security interest before or within 20 days after  the  debtor receives delivery of the collateral, the security interest takes  priority over the  rights of a buyer, lessee, or lien creditor which arise between the time the  security  interest  attaches and the time of filing.(f) Public deposits.  An unperfected security interest shall take priority  over the rights of  a lien creditor if (i) the lien creditor is a trustee or receiver of a bank  or acting in furtherance of its  supervisory authority over such bank and (ii) a security interest is granted by  the bank to secure a deposit of  public funds with the bank or a repurchase agreement  with the bank pursuant to the Government Securities  Act of 1986, as amended.  (Source: P.A. 97-1034, eff. 7-1-13.)
810 ILCS 5/9-318
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

 (from Ch. 26, par. 9-318)Sec. 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.(a) Seller retains no interest.  A debtor that has sold an account,  chattel paper, payment intangible, or promissory note does not retain a legal  or  equitable interest in the collateral sold.(b) Deemed rights of debtor if buyer's security interest  unperfected.  For purposes of determining the rights of creditors of, and  purchasers for value of an account or chattel paper from, a debtor that has  sold an  account or chattel paper, while the buyer's security interest is unperfected,  the  debtor is deemed to have rights and title to the account or chattel paper  identical to  those the debtor sold.    (Source: P.A. 91-893, eff. 7-1-01.)
810 ILCS 5/9-319
2021 Illinois Compiled Statutes|Chapter 810 - COMMERCIAL CODE|810 ILCS 5/ - Uniform Commercial Code.|Article 9 - Secured Transactions

Sec. 9-319.         Rights and title of consignee with respect to creditors and  purchasers.(a) Consignee has consignor's rights.  Except as otherwise  provided in subsection (b), for purposes of determining the rights of creditors  of,  and purchasers for value of goods from, a consignee, while the goods are in the  possession of the consignee, the consignee is deemed to have rights and title  to the  goods identical to those the consignor had or had power to transfer.(b) Applicability of other law.  For purposes of determining the  rights of a creditor of a consignee, law other than this Article determines the  rights  and title of a consignee while goods are in the consignee's possession if,  under this  Part, a perfected security interest held by the consignor would have priority  over  the rights of the creditor.    (Source: P.A. 91-893, eff. 7-1-01.)