Code of Alabama - Title 7: Commercial Code - Article 9 - Secured Transactions; Sales of Accounts and Chattel Paper

• Part 1 Short Title, Applicability and Definitions.
• Section 7-9-101 Short title
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-102 Policy and subject matter of article
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-103 Perfection of security interests in multiple state transactions
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-104 Transactions excluded from article
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-105 Definitions and index of definitions
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-106 Definitions: "Account"; "general intangibles."
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-107 Definitions: "Purchase money security interest."
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-108 When after-acquired collateral not security for antecedent debt
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-109 Classification of goods; "consumer goods"; "equipment"; "farm products"; "inventory"
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-110 Sufficiency of description
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-111 Applicability of bulk transfer laws
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-112 Where collateral is not owned by debtor
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-113 Security interests arising under the article on sales or under the article on leases
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-114 Consignment
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-115 Investment property
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-116 Security interest arising in purchase or delivery of financial asset
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Part 2 Validity of Security Agreement and Rights of Parties Thereto.
• Section 7-9-201 General validity of security agreement
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-202 Title to collateral immaterial
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-203 Attachment and enforceability of security interest; proceeds; formal requisites
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-204 After-acquired property; future advances
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-205 Use or disposition of collateral without accounting permissible
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-206 Agreement not to assert defenses against assignee; modification of sales warranties where security agreement exists
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-207 Rights and duties when collateral is in secured party's possession
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-208 Request for statement of account or list of collateral
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Part 3 Rights of Third Parties; Perfected and Unperfected Security Interests; Rules of Priority.
• Section 7-9-301 Persons who take priority over unperfected security interests; "lien creditor."
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-302 When filing is required to perfect security interest; security interests to which filing provisions of this article do not apply
  THIS SECTION WAS REPEALED IN THE 2001 REGULAR SESSION, BY ACT 2001-481, EFFECTIVE JAN. 1, 2002. (1) A financing statement must be filed to perfect...
• Section 7-9-303 When security interest is perfected; continuity of perfection
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-304 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 by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-305 When possession by secured party perfects security interest without filing
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-306 "Proceeds"; secured party's rights on disposition of collateral
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-307 Protection of buyer of goods
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-308 Purchase of chattel paper and instruments
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-309 Protection of purchasers of instruments and documents
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-310 Priority of certain liens arising by operation of law; landlord's lien
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-311 Alienability of debtor's rights: Judicial process
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-312 Priorities among conflicting security interests in the same collateral
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-313 Priority of security interests in fixtures
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-314 Accessions
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-315 Priority when goods are commingled or processed
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-316 Priority subject to subordination
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-317 Secured party not obligated on contract of debtor
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-318 Defenses against assignee; modification of contract after notification of assignment; term prohibiting assignment ineffective; identification and proof of assignment
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Part 4 Filing.
• Section 7-9-401 Place of filing; erroneous filing; removal of collateral
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-402 Formal requisites of financing statement; amendments; mortgage as financing statement
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-403 What constitutes filing; duration of filing; effect of lapsed filing; duties of filing officer
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-404 Termination statement
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-405 Assignment of security interest; duties of filing officer; fees
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-406 Release of collateral; duties of filing officer; fees
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-407 Information from filing officer
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-408 Financing statements covering consigned or leased goods
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-409 Prescribed fees in lieu of all others
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-410 Rules and regulations and fees to implement central filing system; user and public training as to Uniform Commercial Code and Farm Products Central Index System Program
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Part 5 Default.
• Section 7-9-501 Default; procedure when security agreement covers both real and personal property
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-502 Collection rights of secured party
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-503 Secured party's right to take possession after default
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-504 Secured party's right to dispose of collateral after default; effect of disposition
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-505 Compulsory disposition of collateral; acceptance of the collateral as discharge of obligation
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-506 Debtor's right to redeem collateral
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.
• Section 7-9-507 Secured party's liability for failure to comply with this part
  Repealed by Act 2001-481, p. 647, § 4, effective January 1, 2002.

Last modified: May 3, 2021