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§ 26-1-9-1-318 — Indiana Law | CourtGPT
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  2. Laws/
  3. Indiana/
  4. Title 26 - Commercial Law/
  5. Article 1 - Uniform Commercial Code/
  6. Chapter 9.1 - Secured Transactions26-1-9.1-101. Short Title/
  7. § 26-1-9-1-318
Indiana Legal Code

§ 26-1-9-1-318

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(b) For purposes of determining the rights of creditors of, and purchasers for value of an account or chattel paper from, a debtor that has sold an account or chattel paper, while the buyer's security interest is unperfected, the debtor is deemed to have rights and title to the account or chattel paper identical to those the debtor sold.As added by P.L.57-2000, SEC.45.