(a) Except as otherwise provided in (b) of this section and AS 45.29.312(b), a financing statement must be filed to perfect all security interests and agricultural liens.
(b) The filing of a financing statement is not necessary to perfect a security interest
(1) that is perfected under AS 45.29.308(d), (e), (f), or (g);
(2) that is perfected under AS 45.29.309 when it attaches;
(3) in property subject to a statute, regulation, or treaty described in AS 45.29.311(a);
(4) in goods in possession of a bailee that is perfected under AS 45.29.312(d)(1) or (2);
(5) in certificated securities, documents, goods, or instruments that is perfected without filing, control, or possession under AS 45.29.312(e), (f), or (g);
(6) in collateral in the secured party's possession under AS 45.29.313;
(7) in a certificated security that is perfected by delivery of the security certificate to the secured party under AS 45.29.313;
(8) in deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights that is perfected by control under AS 45.29.314;
(9) in proceeds that is perfected under AS 45.29.315; or
(10) that is perfected under AS 45.29.316.
(c) If a secured party assigns a perfected security interest or agricultural lien, a filing under this chapter is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
