47-9308. When security interest or agricultural lien is perfected; continuity of perfection
A. Except as otherwise provided in this section and section 47-9309, a security interest is perfected if it has attached and all of the applicable requirements for perfection in sections 47-9310 through 47-9316 have been satisfied. A security interest is perfected when it attaches if the applicable requirements are satisfied before the security interest attaches.
B. An agricultural lien is perfected if it has become effective and all of the applicable requirements for perfection in section 47-9310 have been satisfied. An agricultural lien is perfected when it becomes effective if the applicable requirements are satisfied before the agricultural lien becomes effective.
C. A security interest or agricultural lien is perfected continuously if it is originally perfected by one method under this chapter and is later perfected by another method under this chapter, without an intermediate period when it was unperfected.
D. Perfection of a security interest in collateral also perfects a security interest in a supporting obligation for the collateral.
E. Perfection of a security interest in a right to payment or performance also perfects a security interest in a security interest, mortgage or other lien on personal or real property securing the right.
F. Perfection of a security interest in a securities account also perfects a security interest in the security entitlements carried in the securities account.
G. Perfection of a security interest in a commodity account also perfects a security interest in the commodity contracts carried in the commodity account.
Section: Previous 47-9301 47-9302 47-9303 47-9304 47-9305 47-9306 47-9307 47-9308 47-9309 47-9310 47-9311 47-9312 47-9313 47-9314 47-9315 NextLast modified: October 13, 2016