2012 Statute
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84-9-110. Security interests arising under Article 2 or 2a. A security interest arising under K.S.A. 84-2-401, 84-2-505, 84-2-711(3) or 84-2a-508(5), and amendments thereto, is subject to this article. However, until the debtor obtains possession of the goods: (1) The security interest is enforceable, even if K.S.A. 2012 Supp. 84-9-203(b)(3), and amendments thereto, has not been satisfied; (2) filing is not required to perfect the security interest; (3) the rights of the secured party after default by the debtor are governed by article 2 or 2a; and (4) the security interest has priority over a conflicting security interest created by the debtor. |
History: L. 2000, ch. 142, § 10; July 1, 2001. |
Revisor's Note: Former section 84-9-110 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text. |
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