§ 6a-9-110

1. A security interest arising under §§ 6A-2-401, 6A-2-505, 6A-2-711(3), or 6A-2.1-508(5) is subject to this chapter. However, until the debtor obtains possession of the goods: (1) The security interest is enforceable, even if § 6A-9-203(b)(3) has not been satisfied; (2) Filing is not required to perfect the security interest; (3) The rights of the secured party after default by the debtor are governed by chapter 2 or 2.1 of this title; and (4) The security interest has priority over a conflicting security interest created by the debtor. History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.