Document ID: chunk:federal_register_of_legislation:C2024C00719:front:0:p2
Version: federal_register_of_legislation:C2024C00719
Segment Type: other
Provision Reference: 
Character Range: 2667–5923

Part 2.2—Security interests: general principles
17 Guide to this Part
18 General rules about security agreements and security interests
19 Enforceability of security interests against grantors—attachment
20 Enforceability of security interests against third parties
21 Perfection—main rule
22 Perfection—goods possessed by a bailee
Part 2.3—Possession and control of personal property
23 Guide to this Part
24 Possession
25 Control of an ADI account
26 Control of intermediated securities
27 Control of investment instruments
28 Control of a letter of credit
29 Control of negotiable instruments that are not evidenced by a certificate
Part 2.4—Attachment and perfection: specific rules
Division 1—Introduction
30 Guide to this Part
Division 2—Proceeds and transfer
31 Meaning of proceeds
32 Proceeds—attachment
33 Proceeds—perfection and temporary perfection
34 Transferred collateral—temporary perfection after transfer
Division 3—Collateral returned to grantor or debtor
35 Returned collateral—from bailee
36 Returned collateral—negotiable instruments and investment instruments
37 Returned collateral—following sale or lease
38 Returned collateral—accounts and chattel paper
Division 4—Relocation of collateral or grantor to Australia etc.
39 Relocation—main rule
40 Relocation—intangible property and financial property
Part 2.5—Taking personal property free of security interests
41 Guide to this Part
42 Application of this Part
43 Taking personal property free of unperfected security interest
44 Taking personal property free of security interest if serial number incorrect or missing
45 Taking motor vehicles free of security interest
46 Taking personal property free of security interest in ordinary course of business
47 Taking personal, domestic or household property free of security interest
48 Taking currency free of security interest
49 Taking investment instrument or intermediated security free of security interest in the ordinary course of trading
50 Taking investment instrument free of security interest
51 Taking intermediated security free of security interest
52 Taking personal property free of temporarily perfected security interest
53 Rights of secured party and transferee on taking personal property free of security interest
Part 2.6—Priority between security interests
Division 1—Introduction
54 Guide to this Part
Division 2—Priority of security interests generally
55 Default priority rules
56 How a security interest is continuously perfected
57 Priority of security interests perfected by control
58 Priority of advances
59 Priority rules and intervening security interests
60 Transfer of security interests does not affect priority
61 Voluntary subordination of security interests
Division 3—Priority of purchase money security interests
62 When purchase money security interests take priority over other security interests
63 Priority between competing purchase money security interests in collateral
64 Non‑purchase money security interests in accounts
65 Possession of goods shipped by a common carrier
Division 4—Priority of security interests in transferred collateral
66 Application of this Division
67 Priority when transferor‑granted interest has been continuously perfected
68 Priority when there is a break