§ 4-9-110. Security interests arising under chapter 2 or chapter 2A

AR Code § 4-9-110 (2018) (N/A)
Copy with citation
Copy as parenthetical citation

(1) the security interest is enforceable, even if § 4-9-203(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 Chapter 2A; and

(4) the security interest has priority over a conflicting security interest created by the debtor.