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§ 9 110 — 9 110 — U.S. Virgin Islands Law | CourtGPT
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  8. 9 110
U.S. Virgin Islands Legal Code

9 110

U.S. Virgin Islands § 9 110 — U.S. Virgin Islands law

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A security interest arising under § 2–401, 2–505, 2–711(3), or 2A-508(5) is subject to this article. However, until the debtor obtains possession of the goods:\n(1) the security interest is enforceable, even if § 9–203(b)(3) has not been satisfied;\n(2) filing is not required to perfect the security interest;\n(3) the rights of the secured party after default by the debtor are governed by Article 2 or 2A; and\n(4) the security interest has priority over a conflicting security interest created by the debtor.