reglab/housing_qa huggingface dataset:
NY UCC § 9-104 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 1 - General Provisions Sub Part 1 - Short Title, Definitions, and General Concepts 9-104 - Control of Deposit Account.

Section 9--104. Control of Deposit Account.  (a) Requirements for control. A secured party has control of a deposit account if:       (1) the  secured party is the bank with which the deposit account            is maintained;       (2) the debtor,  secured  party,  and  bank  have  agreed  in  an            authenticated   record   that   the  bank  will  comply  with            instructions  originated  by  the  secured  party   directing            disposition  of  the  funds  in  the  deposit account without            further consent by the debtor;       (3) the secured party becomes the bank's customer with respect to            the deposit account;       (4) the name on the deposit account is the name  of  the  secured            party  or  indicates  that  the  secured party has a security            interest in the deposit account; or       (5) another person has control of the deposit account  on  behalf            of  the  secured party or, having previously acquired control            of the deposit account, acknowledges that it has  control  on            behalf of the secured party.  (b) Debtor's  right  to  direct  disposition. A secured party that has satisfied subsection (a) has control, even if  the  debtor  retains  the right to direct the disposition of funds from the deposit account.  (c)  No  implied duties of bank. The authentication of a record by the bank under subsection (a)(2) does not impose upon the bank any duty  not expressly agreed to by the bank in the record. The naming of the deposit account  in the name of the secured party or with an indication that the secured party has a security  interest  in  the  deposit  account  under subsection  (a)(4)  does not impose upon the bank any duty not expressly agreed to by the bank.  (d) Conditions  not  relevant.  A  secured  party  has  control  under subsection  (a)(2)  even  if  any  duty  of  the  bank  to  comply  with instructions originated by the secured party  directing  disposition  of the  funds  in  the  deposit  account  is  subject  to  any condition or conditions (other than further consent by the debtor).  (e) No inferences.  The  procedures  and  requirements  of  subsection (a)(4) available to obtain control shall not be used in interpreting the sufficiency  of  a  secured  party's  compliance with the procedures and requirements of subsection (a)(1), (a)(2) or (a)(3) to  obtain  control. The  provisions of subsection (a)(4) shall create no inference regarding the requirements  for  compliance  with  subsection  (a)(1),  (a)(2)  or (a)(3).
NY UCC § 9-105 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 1 - General Provisions Sub Part 1 - Short Title, Definitions, and General Concepts 9-105 - Control of Electronic Chattel Paper

Section 9--105. Control of Electronic Chattel Paper.A  secured party has control of electronic chattel paper if the record   or records  comprising  the  chattel  paper  are  created,  stored,  and   assigned in such a manner that:(1) a  single  authoritative copy of the record or records existswhich  is  unique,  identifiable  and,  except  as  otherwiseprovided in paragraphs (4), (5), and (6), unalterable;(2) the  authoritative  copy  identifies the secured party as theassignee of the record or records;(3) the authoritative copy is communicated to and  maintained  bythe secured party or its designated custodian;(4) copies or revisions that add or change an identified assigneeof   the  authoritative  copy  can  be  made  only  with  theparticipation of the secured party;(5) each copy of the authoritative copy and any copy of a copy isreadily identifiable as a copy that is not the  authoritativecopy; and(6) any   revision   of   the   authoritative   copy  is  readilyidentifiable as an authorized or unauthorized revision.
NY UCC § 9-106 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 1 - General Provisions Sub Part 1 - Short Title, Definitions, and General Concepts 9-106 - Control of Investment Property

Section 9--106. Control of Investment Property.  (a) Control   under   Section  8--106.  A  person  has  control  of  a certificated security, uncertificated security, or security  entitlement as provided in Section 8--106.  (b) Control  of  commodity  contract. A secured party has control of a commodity contract if:       (1) the secured party is the commodity  intermediary  with  which            the commodity contract is carried; or       (2) the   commodity   customer,   secured  party,  and  commodity            intermediary have agreed that the commodity intermediary will            apply any value  distributed  on  account  of  the  commodity            contract  as  directed  by  the secured party without further            consent by the commodity customer.  (c) Effect of control of securities account or  commodity  account.  A secured  party  having control of all security entitlements or commodity contracts carried in a  securities  account  or  commodity  account  has control over the securities account or commodity account.
NY UCC § 9-107 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 1 - General Provisions Sub Part 1 - Short Title, Definitions, and General Concepts 9-107 - Control of Letter-of-Credit Right

Section 9--107. Control of Letter-of-credit Right.A  secured party has control of a letter-of-credit right to the extent   of any right to payment or performance by the issuer  or  any  nominated   person  if the issuer or nominated person has consented to an assignment   of proceeds of the letter of credit under Section 5--114(c) or otherwise   applicable law or practice.
NY UCC § 9-108 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 1 - General Provisions Sub Part 1 - Short Title, Definitions, and General Concepts 9-108 - Sufficiency of Description

Section 9--108. Sufficiency of Description.  (a) Sufficiency  of  description.  Except  as  otherwise  provided  in subsections (c), (d),  and  (e),  a  description  of  personal  or  real property  is sufficient, whether or not it is specific, if it reasonably identifies what is described.  (b) Examples  of  reasonable  identification.  Except   as   otherwise provided  in  Section  9--502  and  subsection  (d),  a  description  of collateral reasonably identifies the collateral  if  it  identifies  the collateral by:       (1) specific listing;       (2) category;       (3) except  as  otherwise  provided  in subsection (e), a type of            collateral defined in this chapter;       (4) quantity;       (5) computational or allocational formula or procedure; or       (6) except as otherwise provided in  subsection  (c),  any  other            method,  if  the  identity  of  the collateral is objectively            determinable.  (c) Supergeneric  description  not  sufficient.   A   description   of collateral  as  "all  the debtor's assets" or "all the debtor's personal property" or using words of similar import does not reasonably  identify the collateral.  (d) Investment  property.  Except  as otherwise provided in subsection (e), a description of a security  entitlement,  securities  account,  or commodity account is sufficient if it describes:       (1) the collateral by those terms or as investment property; or       (2) the underlying financial asset or commodity contract.  (e) When  description by type insufficient. A description only by type of collateral defined in this chapter is an insufficient description of:       (1) a commercial tort claim;       (2) in  a  consumer  transaction,  consumer  goods,  a   security            entitlement, a securities account, or a commodity account; or       (3) a cooperative interest.
NY UCC § 9-110 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 1 - General Provisions Sub Part 2 - Applicability of Article 9-110 - Security Interests Arising Under Article 2 or 2-A

Section 9--110. Security Interests Arising Under Article 2 or 2-A.A  security  interest arising under Section 2--401, 2--505, 2--711(3),   or 2-A-508(5) is subject to this  article.  However,  until  the  debtor   obtains possession of the goods:(1) the   security  interest  is  enforceable,  even  if  Section9--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  debtorare governed by Article 2 or 2-A; and(4) the   security  interest  has  priority  over  a  conflictingsecurity interest created by the debtor.
NY UCC § 9-201 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement Sub Part 1 - Effectiveness and Attachment 9-201 - General Effectiveness of Security Agreement.

Section 9--201. General Effectiveness of Security Agreement.  (a) General  effectiveness.  Except  as  otherwise  provided  in  this chapter, 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 article is subject to:       (1) any applicable rule of law which establishes a different rule            for consumers;       (2) any other statute or regulation of this state which regulates            the  rates,  charges,  agreements  and  practices  for loans,            credit sales or other extensions of credit;       (3) any consumer protection statute or regulation of this state.  (c) Other applicable law controls. In case of  conflict  between  this article  and  a  rule  of  law,  statute,  or  regulation  described  in subsection (b), the  rule  of  law,  statute,  or  regulation  controls. Failure  to  comply with a statute or regulation described in subsection (b) has only the effect the statute or regulation specifies.  (d) Further deference to other applicable law. This article does not:       (1) validate  any  rate,  charge,  agreement,  or  practice  that            violates  a  rule of law, statute, or regulation described in            subsection (b); or       (2) extend the application  of  the  rule  of  law,  statute,  or            regulation to a transaction not otherwise subject to it.
NY UCC § 9-202 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement Sub Part 1 - Effectiveness and Attachment 9-202 - Title to Collateral Immaterial.

Section 9--202. Title to Collateral Immaterial.Except  as otherwise provided with respect to consignments or sales of   accounts, chattel paper, payment intangibles, or promissory  notes,  the   provisions  of  this article with regard to rights and obligations apply   whether title to collateral is in the secured party or the debtor.
NY UCC § 9-204 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement Sub Part 1 - Effectiveness and Attachment 9-204 - After-Acquired Property; Future Advances.

Section 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.
NY UCC § 9-205 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement Sub Part 1 - Effectiveness and Attachment 9-205 - Use or Disposition of Collateral Permissible.

Section 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:           (A) use,  commingle,  or  dispose  of  all  or  part  of  the                collateral, including returned or repossessed goods;           (B) collect,  compromise,  enforce,  or  otherwise  deal with                collateral;           (C) accept the return of collateral or make repossessions; or           (D) use, commingle, or dispose of proceeds; or       (2) the secured party fails to require the debtor to account  for            proceeds or replace collateral.  (b) 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.
NY UCC § 9-206 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement Sub Part 1 - Effectiveness and Attachment 9-206 - Security Interest Arising in Purchase or Delivery of Financial Asset.

Section 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:           (A) in  the  ordinary  course  of  business is transferred by                delivery with any necessary  indorsement  or  assignment;                and           (B) is  delivered  under  an agreement between persons in the                business of dealing with  such  securities  or  financial                assets; and       (2) the agreement calls for delivery against payment.  (d) Security  interest  secures  obligation  to  pay for delivery. The security interest described in subsection (c) secures the obligation  to make payment for the delivery.
NY UCC § 9-209 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement Sub Part 2 - Rights and Duties 9-209 - Duties of Secured Party if Account Debtor Has Been Notified of Assignment.

Section 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 Section 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.
NY UCC § 9-301 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 3 - Perfection and Priority Sub Part 1 - Law Governing Perfection and Priority 9-301 - Law Governing Perfection and Priority of Security Interests.

Section 9--301. Law   Governing  Perfection  and  Priority  of  Security                   Interests.   Except as otherwise provided in Sections 9--303  through  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:  (a) 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.  (b) 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.  (c) Except  as  otherwise  provided  in subsection (d), while tangible negotiable documents, goods, instruments,  money,  or  tangible  chattel paper  is  located in a jurisdiction, the local law of that jurisdiction governs:       (1) perfection of a security interest in the goods  by  filing  a            fixture filing;       (2) perfection of a security interest in timber to be cut; and       (3) the effect of perfection or nonperfection and the priority of            a nonpossessory security interest in the collateral.  (d) 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.  (e) When collateral is a cooperative interest, the law of  this  state governs  perfection,  the effect of perfection or nonperfection, and the priority of the security interest in such collateral.
NY UCC § 9-302 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 3 - Perfection and Priority Sub Part 1 - Law Governing Perfection and Priority 9-302 - Law Governing Perfection and Priority of Agricultural Liens.

Section 9--302. Law  Governing  Perfection  and Priority of AgriculturalLiens.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.
NY UCC § 9-303 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 3 - Perfection and Priority Sub Part 1 - Law Governing Perfection and Priority 9-303 - Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title.

Section 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.
NY UCC § 9-304 (2021)
2021 New York Laws UCC - Uniform Commercial Code Article 9 - Secured Transactions Part 3 - Perfection and Priority Sub Part 1 - Law Governing Perfection and Priority 9-304 - Law Governing Perfection and Priority of Security Interests in Deposit Accounts.

Section 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 article, or this chapter, 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  apply,  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  apply,  the  bank's            jurisdiction is the jurisdiction in which the chief executive            office of the bank is located.