reglab/statecodes huggingface dataset:
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 5: SECURITY ENTITLEMENTS › 11 §8-1506. Duty of securities intermediary to exercise rights as directed by entitlement holder

§8-1506. Duty of securities intermediary to exercise rights as directed by entitlement holder
A securities intermediary shall exercise rights with respect to a financial asset if directed to do so by an entitlement holder. A securities intermediary satisfies the duty if:   [PL 1997, c. 429, Pt. B, §2 (NEW).]
(1).
The securities intermediary acts with respect to the duty as agreed upon by the entitlement holder and the securities intermediary; or
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(2).
In the absence of agreement, the securities intermediary either places the entitlement holder in a position to exercise the rights directly or exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 5: SECURITY ENTITLEMENTS › 11 §8-1507. Duty of securities intermediary to comply with entitlement order

§8-1507. Duty of securities intermediary to comply with entitlement order
(1).
A securities intermediary shall comply with an entitlement order if the entitlement order is originated by the appropriate person, the securities intermediary has had reasonable opportunity to assure itself that the entitlement order is genuine and authorized and the securities intermediary has had reasonable opportunity to comply with the entitlement order. A securities intermediary satisfies the duty if:
(a). The securities intermediary acts with respect to the duty as agreed upon by the entitlement holder and the securities intermediary; or   [PL 1997, c. 429, Pt. B, §2 (NEW).]
(b). In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to comply with the entitlement order.   [PL 1997, c. 429, Pt. B, §2 (NEW).]
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(2).
If a securities intermediary transfers a financial asset pursuant to an ineffective entitlement order, the securities intermediary shall reestablish a security entitlement in favor of the person entitled to it and pay or credit any payments or distributions that the person did not receive as a result of the wrongful transfer. If the securities intermediary does not reestablish a security entitlement, the securities intermediary is liable to the entitlement holder for damages.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 5: SECURITY ENTITLEMENTS › 11 §8-1508. Duty of securities intermediary to change entitlement holder's position to other form of security holding

§8-1508. Duty of securities intermediary to change entitlement holder's position to other form of security holding
A securities intermediary shall act at the direction of an entitlement holder to change a security entitlement into another available form of holding for which the entitlement holder is eligible or to cause the financial asset to be transferred to a securities account of the entitlement holder with another securities intermediary. A securities intermediary satisfies the duty if:   [PL 1997, c. 429, Pt. B, §2 (NEW).]
(1).
The securities intermediary acts as agreed upon by the entitlement holder and the securities intermediary; or
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(2).
In the absence of agreement, the securities intermediary exercises due care in accordance with reasonable commercial standards to follow the direction of the entitlement holder.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 5: SECURITY ENTITLEMENTS › 11 §8-1509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder

§8-1509. Specification of duties of securities intermediary by other statute or regulation; manner of performance of duties of securities intermediary and exercise of rights of entitlement holder
(1).
If the substance of a duty imposed upon a securities intermediary by sections 8‑1504 to 8‑1508 is the subject of other statute, regulation or rule, compliance with that statute, regulation or rule satisfies the duty.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(2).
To the extent that specific standards for the performance of the duties of a securities intermediary or the exercise of the rights of an entitlement holder are not specified by other statute, regulation or rule or by agreement between the securities intermediary and entitlement holder, the securities intermediary shall perform its duties and the entitlement holder shall exercise its rights in a commercially reasonable manner.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(3).
The obligation of a securities intermediary to perform the duties imposed by sections 8‑1504 to 8‑1508 is subject to:
(a). Rights of the securities intermediary arising out of a security interest under a security agreement with the entitlement holder or otherwise; and   [PL 1997, c. 429, Pt. B, §2 (NEW).]
(b). Rights of the securities intermediary under other law, regulation, rule or agreement to withhold performance of its duties as a result of unfulfilled obligations of the entitlement holder to the securities intermediary.   [PL 1997, c. 429, Pt. B, §2 (NEW).]
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(4).
Sections 8‑1504 to 8‑1508 do not require a securities intermediary to take any action that is prohibited by other statute, regulation or rule.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 5: SECURITY ENTITLEMENTS › 11 §8-1510. Rights of purchaser of security entitlement from entitlement holder

§8-1510. Rights of purchaser of security entitlement from entitlement holder
(1).
In a case not covered by the priority rules in Article 9-A or the rules stated in subsection (3), an action based on an adverse claim to a financial asset or security entitlement, whether framed in conversion, replevin, constructive trust, equitable lien or other theory, may not be asserted against a person who purchases a security entitlement or an interest in a security entitlement from an entitlement holder if the purchaser gives value, does not have notice of the adverse claim and obtains control.
[PL 1999, c. 699, Pt. B, §25 (AMD); PL 1999, c. 699, Pt. B, §28 (AFF).]
(2).
If an adverse claim could not have been asserted against an entitlement holder under section 8-1502, the adverse claim can not be asserted against a person who purchases a security entitlement or an interest in a security entitlement from the entitlement holder.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(3).
In a case not covered by the priority rules in Article 9-A, a purchaser for value of a security entitlement or an interest in a security entitlement who obtains control has priority over a purchaser of a security entitlement or an interest in a security entitlement who does not obtain control. Except as otherwise provided in subsection (4), purchasers who have control rank according to priority in time of:
(a). The purchaser's becoming the person for whom the securities account, in which the security entitlement is carried, is maintained, if the purchaser obtained control under section 8-1106, subsection (4), paragraph (a);   [PL 1999, c. 699, Pt. B, §25 (NEW); PL 1999, c. 699, Pt. B, §28 (AFF).]
(b). The securities intermediary's agreement to comply with the purchaser's entitlement orders with respect to security entitlements carried or to be carried in the securities account in which the security entitlement is carried, if the purchaser obtained control under section 8-1106, subsection (4), paragraph (b); or   [PL 1999, c. 699, Pt. B, §25 (NEW); PL 1999, c. 699, Pt. B, §28 (AFF).]
(c). If the purchaser obtained control through another person under section 8-1106, subsection (4), paragraph (c), the time on which priority would be based under this subsection if the other person were the secured party.   [PL 1999, c. 699, Pt. B, §25 (NEW); PL 1999, c. 699, Pt. B, §28 (AFF).]
[PL 1999, c. 699, Pt. B, §25 (AMD); PL 1999, c. 699, Pt. B, §28 (AFF).]
(4).
A securities intermediary as purchaser has priority over a conflicting purchaser who has control unless otherwise agreed by the securities intermediary.
[PL 1999, c. 699, Pt. B, §25 (NEW); PL 1999, c. 699, Pt. B, §28 (AFF).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW). PL 1999, c. 699, §B25 (AMD). PL 1999, c. 699, §B28 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 8-A: INVESTMENT SECURITIES › Part 5: SECURITY ENTITLEMENTS › 11 §8-1511. Priority among security interests and entitlement holders

§8-1511. Priority among security interests and entitlement holders
(1).
Except as otherwise provided in subsections (2) and (3), if a securities intermediary does not have sufficient interests in a particular financial asset to satisfy both its obligations to entitlement holders who have security entitlements to that financial asset and its obligation to a creditor of the securities intermediary who has a security interest in that financial asset, the claims of entitlement holders, other than the creditor, have priority over the claim of the creditor.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(2).
A claim of a creditor of a securities intermediary who has a security interest in a financial asset held by a securities intermediary has priority over claims of the securities intermediary's entitlement holders who have security entitlements with respect to that financial asset if the creditor has control over the financial asset.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
(3).
If a clearing corporation does not have sufficient financial assets to satisfy both its obligations to entitlement holders who have security entitlements with respect to a financial asset and its obligation to a creditor of the clearing corporation who has a security interest in that financial asset, the claim of the creditor has priority over the claims of entitlement holders.
[PL 1997, c. 429, Pt. B, §2 (NEW).]
SECTION HISTORY
PL 1997, c. 429, §B2 (NEW).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-101. Short title (REPEALED)

§9-101. Short title
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-102. Policy and scope of Article (REPEALED)

§9-102. Policy and scope of Article
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §6 (AMD). PL 1977, c. 696, §118 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-103. Perfection of security interests in multiple state transactions (REPEALED)

§9-103. Perfection of security interests in multiple state transactions
(REPEALED)
SECTION HISTORY
PL 1967, c. 213, §12 (AMD). PL 1977, c. 526, §7 (RP). PL 1977, c. 696, §119 (REEN). PL 1987, c. 625, §§4,5 (AMD). PL 1997, c. 429, §§C6-8 (AMD). PL 1997, c. 429, §C8 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-103-A. Perfection of security interest in multiple state transactions (REPEALED)

§9-103-A. Perfection of security interest in multiple state transactions
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §8 (NEW). PL 1977, c. 696, §120 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-104. Transactions excluded from Article (REPEALED)

§9-104. Transactions excluded from Article
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §§9-12 (AMD). PL 1977, c. 696, §§121,122 (AMD). PL 1981, c. 604, §2 (AMD). PL 1987, c. 449, §1 (AMD). PL 1987, c. 625, §6 (AMD). PL 1997, c. 429, §§C9,10 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-105. Definitions and index of definitions (REPEALED)

§9-105. Definitions and index of definitions
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §21 (AMD). PL 1977, c. 526, §§13-24 (AMD). PL 1977, c. 696, §§123-125 (AMD). PL 1987, c. 625, §7 (AMD). PL 1997, c. 429, §§C11-14 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-106. Definitions: "Account;" "general intangibles" (REPEALED)

§9-106. Definitions: "Account;" "general intangibles"
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §25 (RPR). PL 1977, c. 696, §126 (AMD). PL 1997, c. 429, §C15 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-107. Definitions: "purchase money security interest" (REPEALED)

§9-107. Definitions: "purchase money security interest"
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-108. When after-acquired collateral not security for antecedent debt (REPEALED)

§9-108. When after-acquired collateral not security for antecedent debt
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-109. Classification of goods: "consumer goods"; "equipment"; "farm products"; "inventory" (REPEALED)

§9-109. Classification of goods: "consumer goods"; "equipment"; "farm products"; "inventory"
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §22 (AMD). PL 1979, c. 541, §A113 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-110. Sufficiency of description (REPEALED)

§9-110. Sufficiency of description
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-111. Applicability of bulk transfer laws (REPEALED)

§9-111. Applicability of bulk transfer laws
(REPEALED)
SECTION HISTORY
PL 1991, c. 636, §4 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-112. Where collateral is not owned by debtor (REPEALED)

§9-112. Where collateral is not owned by debtor
(REPEALED)
SECTION HISTORY
PL 1967, c. 213, §13 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-113. Security interests arising under Article on sales (REPEALED)

§9-113. Security interests arising under Article on sales
(REPEALED)
SECTION HISTORY
PL 1991, c. 805, §5 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-114. Consignment (REPEALED)

§9-114. Consignment
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §26 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-115. Investment property (REPEALED)

§9-115. Investment property
(REPEALED)
SECTION HISTORY
PL 1997, c. 429, §C16 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 1: SHORT TITLE, APPLICABILITY AND DEFINITIONS › 11 §9-116. Security interest arising in purchase or delivery of financial asset (REPEALED)

§9-116. Security interest arising in purchase or delivery of financial asset
(REPEALED)
SECTION HISTORY
PL 1997, c. 429, §C16 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-201. General validity of security agreement (REPEALED)

§9-201. General validity of security agreement
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-202. Title to collateral immaterial (REPEALED)

§9-202. Title to collateral immaterial
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-203. Attachment and enforceability of security interest; proceeds, formal requisites (REPEALED)

§9-203. Attachment and enforceability of security interest; proceeds, formal requisites
(REPEALED)
SECTION HISTORY
PL 1973, c. 762, §10 (AMD). PL 1977, c. 526, §27 (AMD). PL 1977, c. 696, §127 (RPR). PL 1987, c. 625, §8 (AMD). PL 1987, c. 737, §§C16,C106 (AMD). PL 1989, c. 6 (AMD). PL 1989, c. 9, §2 (AMD). PL 1989, c. 104, §§C8,C10 (AMD). PL 1997, c. 429, §C17 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-204. After-acquired property; future advances (REPEALED)

§9-204. After-acquired property; future advances
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §23 (AMD). PL 1977, c. 526, §§28-32 (AMD). PL 1977, c. 696, §128 (RPR). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-205. Use or disposition of collateral without accounting permissible (REPEALED)

§9-205. Use or disposition of collateral without accounting permissible
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §33 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-206. Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists (REPEALED)

§9-206. Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-207. Rights and duties when collateral is in secured party's possession (REPEALED)

§9-207. Rights and duties when collateral is in secured party's possession
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §24 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 2: VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO › 11 §9-208. Request for statement of account or list of collateral (REPEALED)

§9-208. Request for statement of account or list of collateral
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-301. Persons who take priority over unperfected security interests; rights of "lien creditor" (REPEALED)

§9-301. Persons who take priority over unperfected security interests; rights of "lien creditor"
(REPEALED)
SECTION HISTORY
PL 1969, c. 389, §1 (AMD). PL 1977, c. 526, §§34-37 (AMD). PL 1977, c. 696, §129 (AMD). PL 1997, c. 429, §C18 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-302. When filing is required to perfect security interest; security interests to which filing provisions of this Article do not apply (REPEALED)

§9-302. When filing is required to perfect security interest; security interests to which filing provisions of this Article do not apply
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §§38-41 (AMD). PL 1977, c. 696, §§130-132 (AMD). PL 1987, c. 625, §9 (AMD). PL 1991, c. 824, §A17 (AMD). PL 1993, c. 41, §1 (AMD). PL 1995, c. 65, §A25 (AMD). PL 1995, c. 65, §§A153,C15 (AFF). PL 1997, c. 429, §§C19-23 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-303. When security interest is perfected; continuity of perfection (REPEALED)

§9-303. When security interest is perfected; continuity of perfection
(REPEALED)
SECTION HISTORY
PL 1997, c. 429, §C24 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-304. Perfection of security interest in instruments, documents, proceeds of a written letter of credit and goods covered by documents; perfection by permissive filing; temporary perfection without filing or transfer of possession (REPEALED)

§9-304. Perfection of security interest in instruments, documents, proceeds of a written letter of credit and goods covered by documents; perfection by permissive filing; temporary perfection without filing or transfer of possession
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §§42,43 (AMD). PL 1987, c. 625, §§10-12 (AMD). PL 1997, c. 429, §C25 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-305. When possession by secured party perfects security interest without filing (REPEALED)

§9-305. When possession by secured party perfects security interest without filing
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §44 (AMD). PL 1987, c. 625, §13 (AMD). PL 1997, c. 429, §C26 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-306. "Proceeds"; secured party's rights on disposition of collateral (REPEALED)

§9-306. "Proceeds"; secured party's rights on disposition of collateral
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §25 (AMD). PL 1977, c. 526, §§45-50 (AMD). PL 1977, c. 696, §§133,134 (AMD). PL 1987, c. 625, §§14,15 (AMD). PL 1997, c. 429, §§C27-29 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-307. Protection of buyers of goods (REPEALED)

§9-307. Protection of buyers of goods
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §§26,27 (AMD). PL 1977, c. 526, §§51,52 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-308. Purchase of chattel paper and instruments (REPEALED)

§9-308. Purchase of chattel paper and instruments
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §53 (RPR). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-309. Protection of purchasers of instruments, documents and securities (REPEALED)

§9-309. Protection of purchasers of instruments, documents and securities
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §28 (AMD). PL 1987, c. 625, §16 (AMD). PL 1997, c. 429, §C30 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-310. Priority of certain liens arising by operation of law (REPEALED)

§9-310. Priority of certain liens arising by operation of law
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-311. Alienability of debtor's rights: judicial process (REPEALED)

§9-311. Alienability of debtor's rights: judicial process
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-312. Priorities among conflicting security interests in the same collateral (REPEALED)

§9-312. Priorities among conflicting security interests in the same collateral
(REPEALED)
SECTION HISTORY
PL 1969, c. 389, §2 (AMD). PL 1977, c. 526, §§54-64 (AMD). PL 1977, c. 696, §§135-140 (AMD). PL 1987, c. 625, §17 (AMD). PL 1997, c. 429, §§C31,32 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-313. Priority of security interests in fixtures (REPEALED)

§9-313. Priority of security interests in fixtures
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §29 (AMD). PL 1977, c. 526, §§65-72 (AMD). PL 1977, c. 696, §141 (RPR). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-314. Accessions (REPEALED)

§9-314. Accessions
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-315. Priority when goods are commingled or processed (REPEALED)

§9-315. Priority when goods are commingled or processed
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-316. Priority subject to subordination (REPEALED)

§9-316. Priority subject to subordination
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-317. Secured party not obligated on contract of debtor (REPEALED)

§9-317. Secured party not obligated on contract of debtor
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 3: RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY › 11 §9-318. Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; indentification and proof of assignment (REPEALED)

§9-318. Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; indentification and proof of assignment
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §§73-75 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-401. Place of filing; erroneous filing; removal of collateral (REPEALED)

§9-401. Place of filing; erroneous filing; removal of collateral
(REPEALED)
SECTION HISTORY
PL 1969, c. 302, §1 (AMD). PL 1975, c. 269, §§1,2 (AMD). PL 1975, c. 770, §60 (AMD). PL 1977, c. 526, §76 (RP). PL 1977, c. 696, §142 (REEN). PL 1985, c. 824, §2 (AMD). PL 1987, c. 27, §2 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-401-A. Place of filing; erroneous filing; removal of collateral (REPEALED)

§9-401-A. Place of filing; erroneous filing; removal of collateral
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §77 (NEW). PL 1977, c. 696, §143 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-402. Formal requisites of financing statements; amendments; mortgages as financing statements (REPEALED)

§9-402. Formal requisites of financing statements; amendments; mortgages as financing statements
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §§78-82 (AMD). PL 1977, c. 696, §§144-147 (AMD). PL 1977, c. 702, §1 (AMD). PL 1993, c. 642, §40 (AMD). PL 1995, c. 462, §A28 (AMD). PL 1995, c. 462, §§A29,87,88 (AFF). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-403. What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer (REPEALED)

§9-403. What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer
(REPEALED)
SECTION HISTORY
PL 1967, c. 213, §4 (AMD). PL 1969, c. 225, §3 (AMD). PL 1969, c. 582, §2 (AMD). PL 1977, c. 526, §§83-86 (AMD). PL 1977, c. 696, §§148,149 (AMD). PL 1981, c. 279, §1 (AMD). PL 1989, c. 501, §L5 (AMD). PL 1993, c. 410, §M2 (AMD). PL 1993, c. 560, §1 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-404. Termination statement (REPEALED)

§9-404. Termination statement
(REPEALED)
SECTION HISTORY
PL 1969, c. 225, §§4,5 (AMD). PL 1969, c. 421, §2 (AMD). PL 1969, c. 582, §§3,4 (AMD). PL 1971, c. 544, §28 (AMD). PL 1977, c. 526, §87 (AMD). PL 1981, c. 279, §2 (AMD). PL 1989, c. 875, §§E8,9 (AMD). PL 1993, c. 410, §M3 (AMD). PL 1993, c. 560, §2 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-405. Assignment of security interest; duties of filing officer; fees (REPEALED)

§9-405. Assignment of security interest; duties of filing officer; fees
(REPEALED)
SECTION HISTORY
PL 1969, c. 225, §§6,7 (AMD). PL 1969, c. 582, §5 (AMD). PL 1971, c. 11 (AMD). PL 1977, c. 526, §§88-91 (AMD). PL 1977, c. 696, §§150,151 (AMD). PL 1981, c. 279, §3 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-406. Release of collateral; duties of filing officer; fees (REPEALED)

§9-406. Release of collateral; duties of filing officer; fees
(REPEALED)
SECTION HISTORY
PL 1969, c. 225, §8 (AMD). PL 1977, c. 526, §§92,93 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-407. Information from filing officer (REPEALED)

§9-407. Information from filing officer
(REPEALED)
SECTION HISTORY
PL 1969, c. 302, §2 (AMD). PL 1977, c. 90 (AMD). PL 1977, c. 526, §94 (AMD). PL 1977, c. 696, §152 (AMD). PL 1977, c. 702, §2 (AMD). PL 1981, c. 279, §4 (AMD). PL 1989, c. 501, §L6 (AMD). PL 1989, c. 600, §§A20-22 (AMD). PL 1989, c. 600, §§A21,A22 (AMD). PL 1993, c. 616, §3 (AMD). PL 1995, c. 458, §1 (AMD). PL 1995, c. 625, §A18 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-408. Financing statements covering consigned or leased goods (REPEALED)

§9-408. Financing statements covering consigned or leased goods
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §95 (RP). PL 1977, c. 696, §153 (REEN). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-408-A. Financing statements covering consigned or leased goods (REPEALED)

§9-408-A. Financing statements covering consigned or leased goods
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §96 (NEW). PL 1977, c. 696, §154 (RP).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-409. Expedited service (REPEALED)

§9-409. Expedited service
(REPEALED)
SECTION HISTORY
PL 1991, c. 465, §13 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-410. Access to Secretary of State's database (REPEALED)

§9-410. Access to Secretary of State's database
(REPEALED)
SECTION HISTORY
PL 1991, c. 465, §13 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-411. Publications (REPEALED)

§9-411. Publications
(REPEALED)
SECTION HISTORY
RR 1991, c. 1, §19 (COR). PL 1991, c. 465, §13 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-412. Federal tax liens (REPEALED)

§9-412. Federal tax liens
(REPEALED)
SECTION HISTORY
PL 1991, c. 465, §13 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 4: FILING › 11 §9-413. Powers of the Secretary of State (REPEALED)

§9-413. Powers of the Secretary of State
(REPEALED)
SECTION HISTORY
PL 1991, c. 780, §U3 (NEW). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-501. Default; procedure when security agreement covers both real and personal property (REPEALED)

§9-501. Default; procedure when security agreement covers both real and personal property
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §97 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-502. Collection rights of secured party (REPEALED)

§9-502. Collection rights of secured party
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §98 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-503. Secured party's right to take possession after default (REPEALED)

§9-503. Secured party's right to take possession after default
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-504. Secured party's right to dispose of collateral after default; effect of disposition (REPEALED)

§9-504. Secured party's right to dispose of collateral after default; effect of disposition
(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §§29-A (AMD). PL 1977, c. 526, §§99-101 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-505. Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation (REPEALED)

§9-505. Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation
(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §102 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-506. Debtor's right to redeem collateral (REPEALED)

§9-506. Debtor's right to redeem collateral
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9: SECURED TRANSACTIONS; SALE OF ACCOUNTS, CONTRACT RIGHTS AND CHATTEL PAPERS (REPEALED) › Part 5: DEFAULT › 11 §9-507. Secured party's liability for failure to comply with this part (REPEALED)

§9-507. Secured party's liability for failure to comply with this part
(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9-A: TRANSACTIONS › Part 1: GENERAL PROVISIONS › Subpart 1: SHORT TITLE, DEFINITIONS AND GENERAL CONCEPTS › 11 §9-1101. Short title

§9-1101. Short title
This Article may be cited as "Uniform Commercial Code-Secured Transactions."   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9-A: TRANSACTIONS › Part 1: GENERAL PROVISIONS › Subpart 1: SHORT TITLE, DEFINITIONS AND GENERAL CONCEPTS › 11 §9-1103-A. Production-money crops; production-money obligation; production-money security interest; burden of establishing

§9-1103-A. Production-money crops; production-money obligation; production-money security interest; burden of establishing
(1).
A security interest in crops is a production-money security interest to the extent that the crops are production-money crops.
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(2).
If the extent to which a security interest is a production-money security interest depends on the application of a payment to a particular obligation, the payment must be applied:
(a). In accordance with any reasonable method of application to which the parties agree;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(b). In the absence of the parties' agreement to a reasonable method, in accordance with any intention of the obligor manifested at or before the time of payment; or   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(c). In the absence of an agreement to a reasonable method and a timely manifestation of the obligor's intention, in the following order:
(i) To obligations that are not secured; and
(ii) If more than one obligation is secured, to obligations secured by production-money security interests in the order in which those obligations were incurred.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(3).
A production-money security interest does not lose its status as such, even if:
(a). The production-money crops also secure an obligation that is not a production-money obligation;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(b). Collateral that is not production-money crops also secures the production-money obligation; or   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(c). The production-money obligation has been renewed, refinanced or restructured.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(4).
A secured party claiming a production-money security interest has the burden of establishing the extent to which the security interest is a production-money security interest.
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
SECTION HISTORY
PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF).
2023 Maine Revised Statutes › TITLE 11: UNIFORM COMMERCIAL CODE › Article 9-A: TRANSACTIONS › Part 1: GENERAL PROVISIONS › Subpart 1: SHORT TITLE, DEFINITIONS AND GENERAL CONCEPTS › 11 §9-1104. Control of deposit account

§9-1104. Control of deposit account
(1).
A secured party has control of a deposit account if:
(a). The secured party is the bank with which the deposit account is maintained;   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(b). 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; or   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(c). The secured party becomes the bank's customer with respect to the deposit account.   [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
[PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).]
(2).
A secured party that has satisfied subsection (1) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account.
[PL 2001, c. 286, §1 (AMD).]
SECTION HISTORY
PL 1999, c. 699, §A2 (NEW). PL 1999, c. 699, §A4 (AFF). PL 2001, c. 286, §1 (AMD).