reglab/housing_qa huggingface dataset:
NY UCC § 9-405 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 4 - Rights of Third Parties 9-405 - Modification of Assigned Contract

Section 9--405. Modification of Assigned Contract.  (a) Effect   of   modification  on  assignee.  A  modification  of  or substitution for an assigned contract is effective against  an  assignee if  made in good faith. The assignee acquires corresponding rights under the modified or substituted contract. The assignment  may  provide  that the  modification  or  substitution  is  a  breach  of  contract  by the assignor. This subsection is subject to subsections (b) through (d).  (b) Applicability of subsection (a). Subsection  (a)  applies  to  the extent that:       (1) the  right  to  payment  or  a part thereof under an assigned            contract has not been fully earned by performance; or       (2) the right to payment or a part thereof has been fully  earned            by  performance  and  the  account  debtor  has  not received            notification of the assignment under Section 9--406(a).  (c) Rule for individual under other law. This section  is  subject  to law  other  than  this article which establishes a different rule for an account debtor who is an individual  and  who  incurred  the  obligation primarily for personal, family, or household purposes.  (d) Inapplicability  to health-care-insurance receivable. This section does not apply to an assignment of a health-care-insurance receivable.
NY UCC § 9-407 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 4 - Rights of Third Parties 9-407 - Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest

Section 9--407. Restrictions  on  Creation  or  Enforcement  of Security                   Interest in Leasehold Interest or in Lessor's Residual                   Interest.  (a) Term  restricting  assignment  generally  ineffective.  Except  as otherwise  provided  in  subsection  (b), a term in a lease agreement is ineffective to the extent that it:       (1) prohibits, restricts, or requires the consent of a  party  to            the  lease to the assignment or transfer of, or the creation,            attachment, perfection, or enforcement of a security interest            in, an interest of a party under the lease contract or in the            lessor's residual interest in the goods; or       (2) provides that the assignment or  transfer  or  the  creation,            attachment,   perfection,  or  enforcement  of  the  security            interest may  give  rise  to  a  default,  breach,  right  of            recoupment,    claim,    defense,   termination,   right   of            termination, or remedy under the lease.  (b) Effectiveness of certain terms. Except as  otherwise  provided  in Section  2-A-303(7),  a term described in subsection (a)(2) is effective to the extent that there is:       (1) a transfer by the lessee of the lessee's right of  possession            or use of the goods in violation of the term; or       (2) a delegation of a material performance of either party to the            lease contract in violation of the term.  (c) Security   interest   not   material   impairment.  The  creation, attachment, perfection, or enforcement of a  security  interest  in  the lessor's  interest  under  the  lease  contract or the lessor's residual interest in the goods is not a  transfer  that  materially  impairs  the lessee's  prospect of obtaining return performance or materially changes the duty of or materially increases the burden or risk  imposed  on  the lessee within the purview of Section 2-A-303(4) unless, and then only to the  extent  that,  enforcement  actually  results  in  a  delegation of material performance of the lessor.
NY UCC § 9-409 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 4 - Rights of Third Parties 9-409 - Restrictions on Assignment of Letter-of-Credit Rights Ineffective

Section 9--409. Restrictions  on  Assignment  of Letter-of-credit Rights                   Ineffective.  (a) Term or law restricting assignment generally ineffective.  A  term in  a letter-of-credit or a rule of law, statute, regulation, custom, or practice applicable to the letter of credit which prohibits,  restricts, or  requires the consent of an applicant, issuer, or nominated person to a beneficiary's assignment of or creation of a security  interest  in  a letter-of-credit  right  is  ineffective  to the extent that the term or rule of law, statute, regulation, custom, or practice:       (1) would impair the creation, attachment,  or  perfection  of  a            security interest in the letter-of-credit right; or       (2) provides  that the assignment or the creation, attachment, or            perfection of the  security  interest  may  give  rise  to  a            default,   breach,   right  of  recoupment,  claim,  defense,            termination,  right  of  termination,  or  remedy  under  the            letter-of-credit right.  (b) Limitation  on ineffectiveness under subsection (a). To the extent that a term in a letter-of-credit is ineffective  under  subsection  (a) but  would be effective under law other than this article or a custom or practice applicable to the letter-of-credit, to the transfer of a  right to  draw  or otherwise demand performance under the letter-of-credit, or to the assignment of a right to proceeds of  the  letter-of-credit,  the creation,  attachment,  or  perfection  of  a  security  interest in the letter-of-credit right:       (1) is not enforceable against the applicant,  issuer,  nominated            person, or transferee beneficiary;       (2) imposes  no  duties  or obligations on the applicant, issuer,            nominated person, or transferee beneficiary; and       (3) does not require the applicant, issuer, nominated person,  or            transferee  beneficiary  to  recognize the security interest,            pay or render performance to the  secured  party,  or  accept            payment or other performance from the secured party.
NY UCC § 9-700 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-700 - Definitions

Section 9--700. Definitions.The  following words and terms when used in this part 7 shall have the   following meanings:"Former Article 9."  The  provisions  of  article  9  of  the  Uniform   Commercial  Code of this state as in effect before the effective date of   Revised Article 9."Revised Article 9." The  provisions  of  article  9  of  the  Uniform   Commercial  Code of this state, as amended by the chapter of the laws of   2001 which added these words and as they may be further amended.
NY UCC § 9-701 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-701 - Effective Date

Section 9--701. Effective Date.Revised Article 9 takes effect on July 1, 2001.
NY UCC § 9-702 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-702 - Savings Clause

Section 9--702. Savings Clause.  (a) Pre-effective-date  transactions  or  liens.  Except  as otherwise provided in this part, Revised Article 9 applies  to  a  transaction  or lien  within its scope, even if the transaction or lien was entered into or created before Revised Article 9 takes effect.  (b) Continuing validity. Except as otherwise  provided  in  subsection (c) and Sections 9--703 through 9--709:       (1) transactions  and  liens  that  were  not  governed by Former            Article 9,  were  validly  entered  into  or  created  before            Revised  Article  9  takes  effect,  and  would be subject to            Revised Article 9 if they had been entered  into  or  created            after Revised Article 9 takes effect, and the rights, duties,            and  interests  flowing  from  those  transactions  and liens            remain valid after Revised Article 9 takes effect; and       (2) the transactions and  liens  may  be  terminated,  completed,            consummated, and enforced as required or permitted by Revised            Article 9 or by the law that otherwise would apply if Revised            Article 9 had not taken effect.  (c) Pre-effective-date  proceedings. Revised Article 9 does not affect an action, case, or proceeding commenced before Revised Article 9  takes effect.
NY UCC § 9-703 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-703 - Security Interest Perfected Before Effective Date

Section 9--703. Security Interest Perfected Before Effective Date.  (a) Continuing  priority  over  lien creditor: perfection requirements satisfied. A security interest that is  enforceable  immediately  before Revised  Article  9 takes effect and would have priority over the rights of a person that becomes a lien creditor at that  time  is  a  perfected security  interest  under  Revised  Article 9 if, when Revised Article 9 takes  effect,  the  applicable  requirements  for  enforceability   and perfection under Revised Article 9 are satisfied without further action.  (b) Continuing  priority  over  lien creditor: perfection requirements not satisfied. Except  as  otherwise  provided  in  Section  9--705  and subsection  (c),  if,  immediately  before  this article takes effect, 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 this article are not satisfied when this article takes effect,  the  security interest:       (1) is  a  perfected  security  interest  for one year after this            article takes effect;       (2) remains enforceable thereafter only if the security  interest            becomes  enforceable  under  Section  9--203  before the year            expires; and       (3) remains  perfected  thereafter   only   if   the   applicable            requirements  for perfection under this article are satisfied            before the year expires.  (c) Special rule for cooperative  interests:  perfection  requirements not  satisfied. If, immediately before Revised Article 9 takes effect, a security interest in a cooperative 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  perfection  under Revised Article 9 are not satisfied when Revised Article 9 takes effect, the security interest:       (1) is  a  perfected  security interest for 5 years after Revised            Article 9 takes effect; and       (2) remains  perfected  thereafter   only   if   the   applicable            requirements  for  perfection  under  Revised  Article  9 are            satisfied before the 5 years expire.
NY UCC § 9-704 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-704 - Security Interest Unperfected Before Effective Date

Section 9--704. Security Interest Unperfected Before Effective Date.   A  security  interest  that  is enforceable immediately before Revised Article 9 takes effect but which would be subordinate to the rights of a person that becomes a lien creditor at that time:  (a) remains an  enforceable  security  interest  for  one  year  after Revised Article 9 takes effect;  (b) remains  enforceable  thereafter  if the security interest becomes enforceable under Section 9--203 when Revised Article 9 takes effect  or within one year thereafter; and  (c) becomes perfected:       (1) without  further  action, when Revised Article 9 takes effect            if the applicable requirements for perfection  under  Revised            Article 9 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.
NY UCC § 9-706 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-706 - When Initial Financing Statement Sufficies to Continue Effectiveness of Financing Statement

Section 9--706. When  Initial  Financing  Statement Suffices to Continue                   Effectiveness of Financing Statement.  (a) Initial financing statement in lieu of continuation statement. The filing of an initial financing statement  in  the  office  specified  in Section  9--501  continues  the  effectiveness  of a financing statement filed before Revised Article 9 takes effect if:       (1) the filing of an initial financing statement in  that  office            would  be  effective  to  perfect  a  security interest under            Revised Article 9;       (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) Period  of  continued  effectiveness.  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 Revised            Article 9 takes effect, for the  period  provided  in  Former            Section 9--403 with respect to a financing statement; and       (2) if  the  initial  financing  statement is filed after Revised            Article 9 takes effect, for the period  provided  in  Section            9--515 with respect to an initial financing statement.  (c) Requirements for initial financing statement under subsection (a). To  be  effective  for  purposes of subsection (a), an initial financing statement must:       (1) satisfy the requirements of Part 5 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.
NY UCC § 9-707 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-707 - Amendment of Pre-Effective-Date Financing Statement

Section 9--707. Amendment of Pre-effective-date Financing Statement.  (a) "Pre-effective-date   financing   statement".   In  this  section, "pre-effective-date financing statement"  means  a  financing  statement filed before Revised Article 9 takes effect.  (b) Applicable law. After Revised Article 9 takes effect, 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. 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) Method of amending: general rule. 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 Revised Article 9 takes effect only if:       (1) the  pre-effective-date  financing statement and an amendment            are filed in the office specified in Section 9--501;       (2) an amendment is filed in  the  office  specified  in  Section            9--501  concurrently with, or after the filing in that office            of, an initial financing  statement  that  satisfies  Section            9--706 (c); or       (3) an  initial financing statement that provides the information            as amended and satisfies Section 9--706 (c) is filed  in  the            office specified in Section 9--501.  (d) Method of amending: continuation. 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 Section 9--705 (d) and (f) or 9--706.  (e) Method  of  amending:  additional termination rule. 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 Revised Article 9 takes effect 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  Section  9--706 (c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in  Part  3 as the office in which to file a financing statement.
NY UCC § 9-708 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-708 - Persons Entitled to File Initial Financing Statement or Continuation Statement

Section 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:  (a) the secured party of record authorizes the filing; and  (b) the filing is necessary under this part:       (1) to  continue the effectiveness of a financing statement filed            before Revised Article 9 takes effect; or       (2) to perfect or continue the perfection of a security interest.
NY UCC § 9-709 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 7 - Transition 9-709 - Priority

Section 9--709. Priority.  (a) Law  governing priority. Revised Article 9 determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before Revised Article  9  takes  effect, Former Article 9 determines priority.  (b) Priority  if  security  interest becomes enforceable under Section 9--203. For purposes of Section 9--322(a), the priority  of  a  security interest  that  becomes  enforceable  under  Section  9--203  of Revised Article 9 dates from the time Revised Article  9  takes  effect  if  the security  interest is perfected under Revised Article 9 by the filing of a financing statement before Revised Article 9 takes effect which  would not  have  been  effective to perfect the security interest under Former Article 9. This  subsection  does  not  apply  to  conflicting  security interests  each  of which is perfected by the filing of such a financing statement.
NY UCC § 11-101 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 11 - Provisions for Transition From Original Article 9 to Revised Article 9 11-101 - Definitions.

Section 11--101. Definitions.   As used in this Article 11:  (a)  The  term  "Original  Article  9"  means Article 9 of the uniform commercial code as enacted by chapter five hundred  fifty-three  of  the laws  of  nineteen  hundred  sixty-two  and  as amended by chapter eight hundred ninety-nine of the laws of nineteen hundred seventy.  (b) The term "Revised Article  9"  means  Article  9  of  the  uniform commercial code as amended by the act enacting this Article.
NY UCC § 11-102 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 11 - Provisions for Transition From Original Article 9 to Revised Article 9 11-102 - Preservation of Old Transition Provision.

Section 11--102. Preservation of Old Transition Provision.The provisions of Article 10 of the uniform commercial code as enacted   by  chapter  five  hundred  fifty-three  of the laws of nineteen hundred   sixty-two and as last amended by chapter eight  hundred  sixty-eight  of   the  laws  of  nineteen  hundred  sixty-five  shall continue to apply to   Revised Article 9 and for this purpose Original Article  9  and  Revised   Article 9 shall be considered one continuous statute.
NY UCC § 11-103 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 11 - Provisions for Transition From Original Article 9 to Revised Article 9 11-103 - Transition to Revised Article 9-General Rule.

Section 11--103. Transition to Revised Article 9--General Rule.Transactions  validly  entered  into  after  September twenty-seventh,   nineteen hundred sixty-four and before the  effective  date  of  Revised   Article  9, and which were subject to the provisions of Original Article   9 and which would be subject to Revised  Article  9  if  they  had  been   entered into on or after the effective date of Revised Article 9 and the   rights, duties and interests flowing from such transactions remain valid   after  the  latter date and may be terminated, completed, consummated or   enforced as required or  permitted  by  Revised  Article  9.    Security   interests  arising  out  of  such  transactions which are perfected when   Revised Article 9 becomes effective shall remain  perfected  until  they   lapse  as  provided  in  Revised  Article  9,  and  may  be continued as   permitted by the Revised  Article  9,  except  as  provided  in  Section   11-105.
NY UCC § 11-104 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 11 - Provisions for Transition From Original Article 9 to Revised Article 9 11-104 - Transition Provision on Change of Requirement of Filing.

Section 11--104. Transition   Provision  on  Change  of  Requirement  ofFiling.A security interest for the perfection of which filing or  the  taking   of  possession  was required under Original Article 9 and which attached   prior to the effective date of Revised Article 9 but was  not  perfected   shall  be deemed perfected on the effective date of Revised Article 9 if   Revised Article 9 permits perfection without filing or authorizes filing   in the office or offices where a prior ineffective filing was made.
NY UCC § 11-105 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 11 - Provisions for Transition From Original Article 9 to Revised Article 9 11-105 - Transition Provision on Change of Place of Filing.

Section 11--105. Transition Provision on Change of Place of Filing.  (1) A financing statement or continuation statement filed prior to the effective date of Revised Article 9 which shall not have lapsed prior to the  effective  date of Revised Article 9 shall remain effective for the period provided in Original Article 9, but  not  less  than  five  years after the filing.  (2)  With  respect to any collateral acquired by the debtor subsequent to the effective date of Revised  Article  9,  any  effective  financing statement  or  continuation  statement  described  in this section shall apply only if the filing or filings are in the office  or  offices  that would  be  appropriate  to  perfect  the  security  interests in the new collateral under Revised Article 9.  (3) The effectiveness  of  any  financing  statement  or  continuation statement  filed prior to the effective date of Revised Article 9 may be continued by a continuation statement as permitted by Revised Article 9, except that if Revised Article 9 requires a filing in  an  office  where there  was  no  previous  financing statement, a new financing statement conforming to Section 11-106 shall be filed in that office.  (4) If the record of  a  mortgage  of  real  estate  would  have  been effective  as  a  fixture  filing  of goods described therein if Revised Article 9 had been in effect on the date of recording the mortgage,  the mortgage  shall be deemed effective as a fixture filing as to such goods under subsection (6) of Section  9-402  of  Revised  Article  9  on  the effective date of Revised Article 9.