reglab/housing_qa huggingface dataset:
RI Gen L § 6A-9-110 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-110 - Security interests arising under chapter 2 or 2.1.

§ 6A-9-110. Security interests arising under chapter 2 or 2.1.A security interest arising under §§ 6A-2-401, 6A-2-505, 6A-2-711(3), or 6A-2.1-508(5) is subject to this chapter. However, until the debtor obtains possession of the goods:(1) The security interest is enforceable, even if § 6A-9-203(b)(3) 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 chapter 2 or 2.1 of this title; and(4) The security interest has priority over a conflicting security interest created by the debtor.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-201 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-201 - General effectiveness of security agreement.

§ 6A-9-201. General effectiveness of security agreement.(a) General effectiveness. Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.(b) Applicable consumer laws and other law. A transaction subject to this chapter is subject to (1) any applicable rule of law which establishes a different rule for consumers, (2) any other statute or regulation that regulates the rates, charges, agreements, and practices for loans, credit sales, or other extensions of credit, and (3) any consumer-protection statute or regulation.(c) Other applicable law controls. In case of conflict between this chapter 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) Further deference to other applicable law. This chapter 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.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-202 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-202 - Title to collateral immaterial.

§ 6A-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 chapter with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-204 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-204 - After-acquired property; future advances.

§ 6A-9-204. After-acquired property; future advances.(a) After-acquired collateral. Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral.(b) When after-acquired property clause not effective. 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 10 days after the secured party gives value; or(2) A commercial tort claim.(c) Future advances and other value. 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.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-205 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-205 - Use or disposition of collateral permissible.

§ 6A-9-205. Use or disposition of collateral permissible.(a) When security interest not invalid or fraudulent. A security interest is not invalid or fraudulent against creditors solely because:(1) The debtor has the right or ability to:(i) Use, commingle, or dispose of all or part of the collateral, including returned or repossessed goods;(ii) Collect, compromise, enforce, or otherwise deal with collateral;(iii) Accept the return of collateral or make repossessions; or(iv) Use, commingle, or dispose of proceeds; or(2) The secured party fails to require the debtor to account for proceeds or replace collateral.(b) Requirements of possession not relaxed. 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.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-206 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-206 - Security interest arising in purchase or delivery of financial asset.

§ 6A-9-206. Security interest arising in purchase or delivery of financial asset.(a) Security interest when person buys through securities intermediary. 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) Security interest secures obligation to pay for financial asset. The security interest described in subsection (a) secures the person's obligation to pay for the financial asset.(c) Security interest in payment against delivery transaction. 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:(i) In the ordinary course of business is transferred by delivery with any necessary indorsement or assignment; and(ii) 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) Security interest secures obligation to pay for delivery. The security interest described in subsection (c) secures the obligation to make payment for the delivery.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-207 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-207 - Rights and duties of secured party having possession or control of collateral.

§ 6A-9-207. Rights and duties of secured party having possession or control of collateral.(a) Duty of care when secured party in possession. 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) Expenses, risks, duties, and rights when secured party in possession. 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 debtor 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:(i) For the purpose of preserving the collateral or its value;(ii) As permitted by an order of a court having competent jurisdiction; or(iii) Except in the case of consumer goods, in the manner and to the extent agreed by the debtor.(c) Duties and rights when secured party in possession or control. Except as otherwise provided in subsection (d), a secured party having possession of collateral or control of collateral under §§ 6A-7-106, 6A-9-104, 6A-9-105, 6A-9-106, or 6A-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) Buyer of certain rights to payment. 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:(i) To charge back uncollected collateral; or(ii) 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.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6; P.L. 2006, ch. 112, § 8; P.L. 2006, ch. 135, § 8.
RI Gen L § 6A-9-209 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-209 - Duties of secured party if account debtor has been notified of assignment.

§ 6A-9-209. Duties of secured party if account debtor has been notified of assignment.(a) Applicability of section. 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) Duties of secured party after receiving demand from debtor. Within 10 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 § 6A-9-406(a) an authenticated record that releases the account debtor from any further obligation to the secured party.(c) Inapplicability to sales. This section does not apply to an assignment constituting the sale of an account, chattel paper, or payment intangible.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-301 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-301 - Law governing perfection and priority of security interests.

§ 6A-9-301. Law governing perfection and priority of security interests.Except as otherwise provided in §§ 6A-9-303 through 6A-9-306, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral:(1) Except as otherwise provided in this section, while a debtor is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral.(2) While collateral is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a possessory security interest in that collateral.(3) Except as otherwise provided in paragraph (4), while tangible negotiable documents, goods, instruments, money, or tangible chattel paper is located in a jurisdiction, the local law of that jurisdiction governs:(i) Perfection of a security interest in the goods by filing a fixture filing;(ii) Perfection of a security interest in timber to be cut; and(iii) The effect of perfection or nonperfection and the priority of a nonpossessory security interest in the collateral.(4) The local law of the jurisdiction in which the wellhead or minehead is located governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in as-extracted collateral.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6; P.L. 2006, ch. 112, § 8; P.L. 2006, ch. 135, § 8.
RI Gen L § 6A-9-302 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-302 - Law governing perfection and priority of agricultural liens.

§ 6A-9-302. Law governing perfection and priority of agricultural liens.While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-303 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-303 - Law governing perfection and priority of security interests in goods covered by a certificate of title.

§ 6A-9-303. Law governing perfection and priority of security interests in goods covered by a certificate of title.(a) Applicability of section. This section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goods are covered and the goods or the debtor.(b) When goods covered by certificate of title. Goods become covered by a certificate of title when a valid application for the certificate of title and the applicable fee are delivered to the appropriate authority. Goods cease to be covered by a certificate of title at the earlier of the time the certificate of title ceases to be effective under the law of the issuing jurisdiction or the time the goods become covered subsequently by a certificate of title issued by another jurisdiction.(c) Applicable law. The local law of the jurisdiction under whose certificate of title the goods are covered governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in goods covered by a certificate of title from the time the goods become covered by the certificate of title until the goods cease to be covered by the certificate of title.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-304 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-304 - Law governing perfection and priority of security interests in deposit accounts.

§ 6A-9-304. Law governing perfection and priority of security interests in deposit accounts.(a) Law of bank's jurisdiction governs. The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank.(b) Bank's jurisdiction. The following rules determine a bank's jurisdiction for purposes of this part:(1) If an agreement between the bank and its customer governing the deposit account expressly provides that a particular jurisdiction is the bank's jurisdiction for purposes of this part, this chapter, or the Uniform Commercial Code, that jurisdiction is the bank's jurisdiction.(2) If paragraph (1) does not apply and an agreement between the bank and its customer governing the deposit account expressly provides that the agreement is governed by the law of a particular jurisdiction, that jurisdiction is the bank's jurisdiction.(3) If neither paragraph (1) nor paragraph (2) applies and an agreement between the bank and its customer governing the deposit account expressly provides that the deposit account is maintained at an office in a particular jurisdiction, that jurisdiction is the bank's jurisdiction.(4) If none of the preceding paragraphs applies, the bank's jurisdiction is the jurisdiction in which the office identified in an account statement as the office serving the customer's account is located.(5) If none of the preceding paragraphs applies, the bank's jurisdiction is the jurisdiction in which the chief executive office of the bank is located.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6; P.L. 2002, ch. 244, § 1.
RI Gen L § 6A-9-306 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-306 - Law governing perfection and priority of security interests in letter-of-credit rights.

§ 6A-9-306. Law governing perfection and priority of security interests in letter-of-credit rights.(a) Governing law: issuer's or nominated person's jurisdiction. Subject to subsection (c), the local law of the issuer's jurisdiction or a nominated person's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a letter-of-credit right if the issuer's jurisdiction or nominated person's jurisdiction is a State.(b) Issuer's or nominated person's jurisdiction. For purposes of this part, an issuer's jurisdiction or nominated person's jurisdiction is the jurisdiction whose law governs the liability of the issuer or nominated person with respect to the letter-of-credit right as provided in § 6A-5-116.(c) When section not applicable. This section does not apply to a security interest that is perfected only under § 6A-9-308(d).History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-308 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-308 - When security interest or agricultural lien is perfected; continuity of perfection.

§ 6A-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 § 6A-9-309, a security interest is perfected if it has attached and all of the applicable requirements for perfection in §§ 6A-9-310 through 6A-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 § 6A-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 chapter and is later perfected by another method under this chapter, 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.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
RI Gen L § 6A-9-309 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-309 - Security interest perfected upon attachment.

§ 6A-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 § 6A-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 6A-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 §§ 6A-2-401, 6A-2-505, 6A-2-711(3), or 6A-2.1-508(5), until the debtor obtains possession of the collateral;(7) A security interest of a collecting bank arising under § 6A-4-210;(8) A security interest of an issuer or nominated person arising under § 6A-5-118;(9) A security interest arising in the delivery of a financial asset under § 6A-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;(13) A security interest created by an assignment of a beneficial interest in a decedent's estate; and(14) A sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6; P.L. 2002, ch. 244, § 1.
RI Gen L § 6A-9-310 (2021)
2021 Rhode Island General Laws|Title 6A - Uniform Commercial Code|Chapter 6A-9 - Secured Transactions|Section 6A-9-310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.

§ 6A-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 § 6A-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 § 6A-9-308(d), (e), (f), or (g);(2) That is perfected under § 6A-9-309 when it attaches;(3) In property subject to a statute, regulation, or treaty described in § 6A-9-311(a);(4) In goods in possession of a bailee which is perfected under § 6A-9-312(d)(1) or (2);(5) In certificated securities, documents, goods, or instruments which is perfected without filing, control or possession under § 6A-9-312(e), (f), or (g);(6) In collateral in the secured party's possession under § 6A-9-313;(7) In a certificated security which is perfected by delivery of the security certificate to the secured party under § 6A-9-313;(8) In deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights which is perfected by control under § 6A-9-314;(9) In proceeds which is perfected under § 6A-9-315; or(10) That is perfected under § 6A-9-316.(c) Assignment of perfected security interest. If a secured party assigns a perfected security interest or agricultural lien, a filing under this chapter is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6; P.L. 2006, ch. 112, § 8; P.L. 2006, ch. 135, § 8.