reglab/housing_qa huggingface dataset:
CT Gen Stat § 42a-9-507 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-507 - Effect of certain events on effectiveness of financing settlement.

 (a) A filed financing statement remains effective with respect to collateral that is sold, exchanged, leased, licensed or otherwise disposed of and in which a security interest or agricultural lien continues, even if the secured party knows of or consents to the disposition.(b) Except as otherwise provided in subsection (c) of this section and section 42a-9-508, a financing statement is not rendered ineffective if, after the financing statement is filed, the information provided in the financing statement becomes seriously misleading under section 42a-9-506.(c) If the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under subsection (a) of section 42a-9-503 so that the financing statement becomes seriously misleading under section 42a-9-506:(1) The financing statement is effective to perfect a security interest in collateral acquired by the debtor before, or within four months after, the filed financing statement becomes seriously misleading; and(2) The financing statement is not effective to perfect a security interest in collateral acquired by the debtor more than four months after the filed financing statement becomes seriously misleading, unless an amendment to the financing statement which renders the financing statement not seriously misleading is filed within four months after the financing statement became seriously misleading.(1959, P.A. 133, S. 9-507; P.A. 01-132, S. 78; P.A. 11-108, S. 11.)History: P.A. 01-132 replaced former provisions re secured party's liability for failure to comply with the default provisions with provisions re the effect of certain events on the effectiveness of financing statements; P.A. 11-108 amended Subsec. (b) to make a technical change and amended Subsec. (c) to replace “If a debtor so changes its name that a filed financing statement becomes seriously misleading under section 42a-9-506” with “If the name that a filed financing statement provides for a debtor becomes insufficient as the name of the debtor under subsection (a) of section 42a-9-503 so that the financing statement becomes seriously misleading under section 42a-9-506”, replace in Subdiv. (1) “the change” with “the filed financing statement becomes seriously misleading” and replace in Subdiv. (2) “the change” with “the filed financing statement becomes seriously misleading” and with “the financing statement became seriously misleading”, effective July 1, 2013.
CT Gen Stat § 42a-9-508 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-508 - Effectiveness of financing statement if new debtor becomes bound by security agreement.

 (a) Except as otherwise provided in this section, a filed financing statement naming an original debtor is effective to perfect a security interest in collateral in which a new debtor has or acquires rights to the extent that the financing statement would have been effective had the original debtor acquired rights in the collateral.(b) If the difference between the name of the original debtor and that of the new debtor causes a filed financing statement that is effective under subsection (a) to be seriously misleading under section 42a-9-506:(1) The financing statement is effective to perfect a security interest in collateral acquired by the new debtor before, and within four months after, the new debtor becomes bound under subsection (d) of section 42a-9-203; and(2) The financing statement is not effective to perfect a security interest in collateral acquired by the new debtor more than four months after the new debtor becomes bound under subsection (d) of section 42a-9-203 unless an initial financing statement providing the name of the new debtor is filed before the expiration of that time.(c) This section does not apply to collateral as to which a filed financing statement remains effective against the new debtor under subsection (a) of section 42a-9-507.(P.A. 01-132, S. 79.)
CT Gen Stat § 42a-9-509 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-509 - Persons entitled to file a record.

 (a) A person may file an initial financing statement, amendment that adds collateral covered by a financing statement or amendment that adds a debtor to a financing statement only if:(1) The debtor authorizes the filing in an authenticated record or pursuant to subsection (b) or (c); or(2) The person holds an agricultural lien that has become effective at the time of filing and the financing statement covers only collateral in which the person holds an agricultural lien.(b) By authenticating or becoming bound as debtor by a security agreement, a debtor or new debtor authorizes the filing of an initial financing statement, and an amendment, covering:(1) The collateral described in the security agreement; and(2) Property that becomes collateral under subdivision (2) of subsection (a) of section 42a-9-315, whether or not the security agreement expressly covers proceeds.(c) By acquiring collateral in which a security interest or agricultural lien continues under subdivision (1) of subsection (a) of section 42a-9-315, a debtor authorizes the filing of an initial financing statement, and an amendment, covering the collateral and property that becomes collateral under subdivision (2) of subsection (a) of section 42a-9-315.(d) A person may file an amendment other than an amendment that adds collateral covered by a financing statement or an amendment that adds a debtor to a financing statement only if:(1) The secured party of record authorizes the filing; or(2) The amendment is a termination statement for a financing statement as to which the secured party of record has failed to file or send a termination statement as required by subsection (a) or (c) of section 42a-9-513, the debtor authorizes the filing, and the termination statement indicates that the debtor authorized it to be filed.(e) If there is more than one secured party of record for a financing statement, each secured party of record may authorize the filing of an amendment under subsection (d).(P.A. 01-132, S. 80.)
CT Gen Stat § 42a-9-510 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-510 - Effectiveness of filed record.

 (a) A filed record is effective only to the extent that it was filed by a person that may file it under section 42a-9-509.(b) A record authorized by one secured party of record does not affect the financing statement with respect to another secured party of record.(c) A continuation statement that is not filed within the six-month period prescribed by subsection (d) of section 42a-9-515 is ineffective.(P.A. 01-132, S. 81.)
CT Gen Stat § 42a-9-511 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-511 - Secured party of record.

 (a) A secured party of record with respect to a financing statement is a person whose name is provided as the name of the secured party or a representative of the secured party in an initial financing statement that has been filed. If an initial financing statement is filed under subsection (a) of section 42a-9-514, the assignee named in the initial financing statement is the secured party of record with respect to the financing statement.(b) If an amendment of a financing statement which provides the name of a person as a secured party or a representative of a secured party is filed, the person named in the amendment is a secured party of record. If an amendment is filed under subsection (b) of section 42a-9-514, the assignee named in the amendment is a secured party of record.(c) A person remains a secured party of record until the filing of an amendment of the financing statement which deletes the person.(P.A. 01-132, S. 82.)
CT Gen Stat § 42a-9-512 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-512 - Amendment of financing statement.

 (a) Subject to section 42a-9-509, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or, subject to subsection (e), otherwise amend the information provided in, a financing statement by filing an amendment that:(1) Identifies, by its file number, the initial financing statement to which the amendment relates; or(2) If the amendment relates to an initial financing statement recorded in a filing office described in subdivision (1) of subsection (a) of section 42a-9-501, identifies the initial financing statement to which the amendment relates by book and page number on which or the date and time that the initial financing statement was recorded.(b) Except as otherwise provided in section 42a-9-515, the filing of an amendment does not extend the period of effectiveness of the financing statement.(c) A financing statement that is amended by an amendment that adds collateral is effective as to the added collateral only from the date of the filing of the amendment.(d) A financing statement that is amended by an amendment that adds a debtor is effective as to the added debtor only from the date of the filing of the amendment.(e) An amendment is ineffective to the extent it:(1) Purports to delete all debtors and fails to provide the name of a debtor to be covered by the financing statement; or(2) Purports to delete all secured parties of record and fails to provide the name of a new secured party of record.(P.A. 01-132, S. 83; P.A. 03-62, S. 10.)History: P.A. 03-62 amended Subsec. (a)(2) to replace “by book and page or the date that” with “by book and page number on which or the date and time that”.Annotation to former section 42a-9-406:Cited. 39 CS 39.
CT Gen Stat § 42a-9-513 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-513 - Termination statement.

 (a) A secured party shall cause the secured party of record for a financing statement to file a termination statement for the financing statement if the financing statement covers consumer goods and:(1) There is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation or otherwise give value; or(2) The debtor did not authorize the filing of the initial financing statement.(b) To comply with subsection (a), a secured party shall cause the secured party of record to file the termination statement:(1) Within one month after there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation or otherwise give value; or(2) If earlier, within twenty days after the secured party receives an authenticated demand from a debtor.(c) In cases not governed by subsection (a), within twenty days after a secured party receives an authenticated demand from a debtor, the secured party shall cause the secured party of record for a financing statement to send to the debtor a termination statement for the financing statement or file the termination statement in the filing office if:(1) Except in the case of a financing statement covering accounts or chattel paper that has been sold or goods that are the subject of a consignment, there is no obligation secured by the collateral covered by the financing statement and no commitment to make an advance, incur an obligation or otherwise give value;(2) The financing statement covers accounts or chattel paper that has been sold but as to which the account debtor or other person obligated has discharged its obligation;(3) The financing statement covers goods that were the subject of a consignment to the debtor but are not in the debtor's possession; or(4) The debtor did not authorize the filing of the initial financing statement.(d) Except as otherwise provided in section 42a-9-510, upon the filing of a termination statement with the filing office, the financing statement to which the termination statement relates ceases to be effective. Except as otherwise provided in section 42a-9-510, for purposes of subsection (f) of section 42a-9-519, subsection (a) of section 42a-9-522 and subsection (c) of section 42a-9-523, the filing with the filing office of a termination statement relating to a financing statement that indicates that the debtor is a transmitting utility also causes the effectiveness of the financing statement to lapse.(P.A. 01-132, S. 84.)
CT Gen Stat § 42a-9-514 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-514 - Assignment of powers of secured party of record.

 (a) Except as otherwise provided in subsection (c), an initial financing statement may reflect an assignment of all of the secured party's power to authorize an amendment to the financing statement by providing the name and mailing address of the assignee as the name and address of the secured party.(b) Except as otherwise provided in subsection (c), a secured party of record may assign of record all or part of its power to authorize an amendment to a financing statement by filing in the filing office an amendment of the financing statement which:(1) Identifies, by its file number, the initial financing statement to which it relates;(2) Provides the name of the assignor; and(3) Provides the name and mailing address of the assignee.(c) An assignment of record of a security interest in a fixture covered by a fixture filing or record of a mortgage which is effective as a financing statement filed as a fixture filing under subsection (c) of section 42a-9-502 may be made only by an assignment of record of the fixture filing or mortgage in the manner provided by law of this state other than this title.(P.A. 01-132, S. 85.)
CT Gen Stat § 42a-9-517 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-517 - Effect of indexing errors.

 The failure of the filing office to index a record correctly does not affect the effectiveness of the filed record.(P.A. 01-132, S. 88.)
CT Gen Stat § 42a-9-520 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-520 - Acceptance and refusal to accept record.

 (a) A filing office shall refuse to accept a record for filing for a reason set forth in subsection (b) of section 42a-9-516 and may refuse to accept a record for filing only for a reason set forth in subsection (b) of section 42a-9-516.(b) If a filing office refuses to accept a record for filing, it shall communicate to the person that presented the record the fact of and reason for the refusal and the date and time the record would have been filed had the filing office accepted it. The communication must be made at the time and in the manner prescribed by filing-office regulation but, in the case of a filing office described in subdivision (2) of subsection (a) of section 42a-9-501, in no event more than five business days after the filing office receives the record.(c) A filed financing statement satisfying subsections (a) and (b) of section 42a-9-502 is effective, even if the filing office is required to refuse to accept it for filing under subsection (a). However, section 42a-9-338 applies to a filed financing statement providing information described in subdivision (5) of subsection (b) of section 42a-9-516 which is incorrect at the time the financing statement is filed.(d) If a record communicated to a filing office provides information that relates to more than one debtor, this part applies as to each debtor separately.(P.A. 01-132, S. 91.)
CT Gen Stat § 42a-9-521 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-521 - Refusal to accept financing statement, amendment or other written record in prescribed form prohibited. Exception.

 A filing office that accepts written records may not refuse to accept a written initial financing statement, an amendment to a financing statement or other written record in a form and format prescribed by the Secretary of the State except for a reason set forth in subsection (b) of section 42a-9-516.(P.A. 01-132, S. 92.)
CT Gen Stat § 42a-9-522 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-522 - Maintenance and destruction of records.

 (a) The filing office shall maintain a record of the information provided in a filed financing statement for at least one year after the effectiveness of the financing statement has lapsed under section 42a-9-515 with respect to all secured parties of record. The record must be retrievable by using the name of the debtor and:(1) If the record was recorded in the filing office described in subdivision (1) of subsection (a) of section 42a-9-501, by using the book and page number assigned to the initial financing statement to which the record relates or the date and time that the record was recorded; or(2) If the record was filed in the filing office described in subdivision (2) of subsection (a) of section 42a-9-501, by using the file number assigned to the initial financing statement to which the record relates.(b) Except to the extent that a statute governing disposition of public records provides otherwise, the filing office immediately may destroy any written record evidencing a financing statement. However, if the filing office destroys a written record, it shall maintain another record of the financing statement which complies with subsection (a).(P.A. 01-132, S. 93.)
CT Gen Stat § 42a-9-524 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-524 - Delay by filing office.

 Delay by the filing office beyond a time limit prescribed by this part is excused if:(1) The delay is caused by interruption of communication or computer facilities, war, emergency conditions, failure of equipment or other circumstances beyond control of the filing office; and(2) The filing office exercises reasonable diligence under the circumstances.(P.A. 01-132, S. 95.)
CT Gen Stat § 42a-9-526 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-526 - Filing-office regulations.

 The Secretary of the State shall adopt regulations in accordance with the provisions of chapter 54 to implement this article.(P.A. 01-132, S. 97.)
CT Gen Stat § 42a-9-601 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-601 - Rights after default. Judicial enforcement. Consignor or buyer of accounts, chattel paper, payment intangibles or promissory notes.

 (a) After default, a secured party has the rights provided in this part and, except as otherwise provided in section 42a-9-602, those provided by agreement of the parties. A secured party:(1) May reduce a claim to judgment, foreclose or otherwise enforce the claim, security interest or agricultural lien by any available judicial procedure; and(2) If the collateral is documents, may proceed either as to the documents or as to the goods they cover.(b) A secured party in possession of collateral or control of collateral under section 42a-7-106, 42a-9-104, 42a-9-105, 42a-9-106 or 42a-9-107 has the rights and duties provided in section 42a-9-207.(c) The rights under subsections (a) and (b) are cumulative and, except as may otherwise be prohibited under other law in a consumer transaction, may be exercised simultaneously.(d) Except as otherwise provided in subsection (g) and section 42a-9-605, after default, a debtor and an obligor have the rights provided in this part and by agreement of the parties.(e) If a secured party has reduced its claim to judgment, the lien of any levy that may be made upon the collateral by virtue of an execution based upon the judgment relates back to the earliest of:(1) The date of perfection of the security interest or agricultural lien in the collateral;(2) The date of filing a financing statement covering the collateral; or(3) Any date specified in a statute under which the agricultural lien was created.(f) A sale pursuant to an execution is a foreclosure of the security interest or agricultural lien by judicial procedure within the meaning of this section. A secured party may purchase at the sale and thereafter hold the collateral free of any other requirements of this article.(g) Except as otherwise provided in subsection (c) of section 42a-9-607, this part imposes no duties upon a secured party that is a consignor or is a buyer of accounts, chattel paper, payment intangibles or promissory notes.(P.A. 01-132, S. 98; P.A. 04-64, S. 72.)History: P.A. 04-64 amended Subsec. (b) by adding reference to Sec. 42a-7-106 to conform to revisions made to article 7 by the same act.Annotations to former section 42a-9-501:Cited. 221 C. 530.Cited. 35 CA 81.
CT Gen Stat § 42a-9-602 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-602 - Waiver and variance of rights and duties.

 Except as otherwise provided in section 42a-9-624, to the extent that they give rights to a debtor or obligor and impose duties on a secured party, the debtor or obligor may not waive or vary the rules stated in the following listed sections:(1) Subparagraph (C) of subdivision (4) of subsection (b) of section 42a-9-207, which deals with use and operation of the collateral by the secured party;(2) Section 42a-9-210, which deals with requests for an accounting and requests concerning a list of collateral and statement of account;(3) Subsection (c) of section 42a-9-607, which deals with collection and enforcement of collateral;(4) Subsection (a) of section 42a-9-608 and subsection (c) of section 42a-9-615 to the extent that they deal with application or payment of noncash proceeds of collection, enforcement or disposition;(5) Subsection (a) of section 42a-9-608 and subsection (d) of section 42a-9-615 to the extent that they require accounting for or payment of surplus proceeds of collateral;(6) Section 42a-9-609 to the extent that it imposes upon a secured party that takes possession of collateral without judicial process the duty to do so without breach of the peace;(7) Subsection (b) of section 42a-9-610 and sections 42a-9-611, 42a-9-613 and 42a-9-614, which deal with disposition of collateral;(8) Subsection (f) of section 42a-9-615, which deals with calculation of a deficiency or surplus when a disposition is made to the secured party, a person related to the secured party, or a secondary obligor;(9) Section 42a-9-616, which deals with explanation of the calculation of a surplus or deficiency;(10) Sections 42a-9-620, 42a-9-621 and 42a-9-622, which deal with acceptance of collateral in satisfaction of obligation;(11) Section 42a-9-623, which deals with redemption of collateral;(12) Section 42a-9-624, which deals with permissible waivers; and(13) Sections 42a-9-625 and 42a-9-626, which deal with the secured party's liability for failure to comply with this article.(P.A. 01-132, S. 99.)Annotations to former section 42a-9-501(3):Cited. 221 C. 530.Cited. 34 CS 632.
CT Gen Stat § 42a-9-603 (2020)
2020 Connecticut General Statutes|Title 42a - Uniform Commercial Code|Article 9 - Secured Transactions|Section 42a-9-603 - Agreement on standards concerning rights and duties.

 (a) The parties may determine by agreement the standards measuring the fulfillment of the rights of a debtor or obligor and the duties of a secured party under a rule stated in section 42a-9-602 if the standards are not manifestly unreasonable or, in the case of a consumer transaction, if the standards are not unreasonable.(b) Subsection (a) does not apply to the duty under section 42a-9-609 to refrain from breaching the peace.(P.A. 01-132, S. 100.)