Arkansas Code Title 4, Subtitle 1, Chapter 9, Part 2 - Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement, Subpart 1 - Effectiveness and Attachment

• § 4-9-201 - General Effectiveness of Security Agreement.
  (a) Except as otherwise provided in the Uniform Commercial Code, a security agreement is effective according to its terms between the parties, against purchasers...
• § 4-9-202 - Title to Collateral Immaterial.
  Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this chapter...
• § 4-9-203 - Attachment and Enforceability of Security Interest -- Proceeds -- Supporting Obligations -- Formal Requisites.
  (a) A security interest attaches to collateral when it becomes enforceable against the debtor with respect to the collateral, unless an agreement expressly postpones...
• § 4-9-204 - After-Acquired Property -- Future Advances.
  (a) Except as otherwise provided in subsection (b), a security agreement may create or provide for a security interest in after-acquired collateral.(b) A security...
• § 4-9-205 - Use or Disposition of Collateral Permissible.
  (a) A security interest is not invalid or fraudulent against creditors solely because: (1) the debtor has the right or ability to: (A) use,...
• § 4-9-206 - Security Interest Arising in Purchase or Delivery of Financial Asset.
  (a) A security interest in favor of a securities intermediary attaches to a person's security entitlement if: (1) the person buys a financial asset...

Last modified: November 15, 2016