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(a) General effectiveness. Except as otherwise provided in Title 11A, Virgin Islands Code [the Uniform Commercial Code], a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.\n(b) Applicable consumer laws and other law. A transaction subject to this article is subject to any applicable rule of law which establishes a different rule for consumers and Titles 11A and 12A, Virgin Islands Code, and/or any other applicable laws in the Virgin Islands Code.\n(c) Other applicable law controls. In case of conflict between this article and a rule of law, statute, or regulation described in subsection (b), the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in subsection (b) has only the effect the statute or regulation specifies.\n(d) Further deference to other applicable law. This article does not:\n(1) validate any rate, charge, agreement, or practice that violates a rule of law, statute, or regulation described in subsection (b); or\n(2) extend the application of the rule of law, statute, or regulation to a transaction not otherwise subject to it.