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

6 DE Code § 9-110 (2019) (N/A)
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A security interest arising under Section 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:

(1) the security interest is enforceable, even if Section 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 Article 2 or 2A; and

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

72 Del. Laws, c. 401, § 1.

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§ 9-111 Law governing creation, attachment and enforcement of security interests; characterizations; and certain other rights.