New York Uniform Commercial Code Law Section 9-202 - Title to Collateral Immaterial.

Section 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 article with regard to rights and obligations apply
  whether title to collateral is in the secured party or the debtor.

Last modified: February 3, 2019