7-9A-515
Section 7-9A-515 Duration and effectiveness of financing statement; effect of lapsed financing
statement. (a) Five-year effectiveness. Except as otherwise provided in subsections (b), (e),
(f), (g), and (h), a filed financing statement is effective for a period of five years after
the date of filing. (b) Manufactured-home transaction. Except as otherwise provided in subsections
(e), (f), and (g), an initial financing statement filed in connection with a manufactured-home
transaction is effective for a period of 30 years after the date of filing if it indicates
that it is filed in connection with a manufactured-home transaction. (c) Lapse and continuation
of financing statement. The effectiveness of a filed financing statement lapses on the expiration
of the period of its effectiveness unless before the lapse a continuation statement is filed
pursuant to subsection (d). Upon lapse, a financing statement ceases to be effective and any
security interest or agricultural lien that was...
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7-9A-505
Section 7-9A-505 Filing and compliance with other statutes and treaties for consignments, leases,
other bailments, and other transactions. (a) Use of terms other than "debtor" and
"secured party." A consignor, lessor, or other bailor of goods, a licensor, or a
buyer of a payment intangible or promissory note may file a financing statement, or may comply
with a statute or treaty described in Section 7-9A-311(a), using the terms "consignor",
"consignee", "lessor", "lessee", "bailor", "bailee",
"licensor", "licensee", "owner", "registered owner",
"buyer", "seller", or words of similar import, instead of the terms "secured
party" and "debtor". (b) Effect of financing statement under subsection (a).
This part applies to the filing of a financing statement under subsection (a) and, as appropriate,
to compliance that is equivalent to filing a financing statement under Section 7-9A-311(b),
but the filing or compliance is not of itself a factor in determining whether the collateral
secures an...
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32-20-46
Section 32-20-46 Construction with other laws. (a) The method provided in this article of perfecting
and giving notice of security interest in manufactured homes required to be titled under the
terms of this chapter or titled under the terms hereof, shall be exclusive. (b) Security interests
in manufactured homes required to be titled or which are titled under this chapter, are hereby
exempted from the provisions of law which otherwise require the filing or recording of financing
statements or of other instruments creating or evidencing security interests. (c) Security
interests in manufactured homes not required to be titled under this chapter or not titled
under the terms hereof, which are perfected under any other applicable laws of this state
shall not be affected by this chapter but shall continue in all respects to be governed by
such other laws of this state. (Act 2009-746, p. 2236, §4.)...
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32-8-66
Section 32-8-66 Exclusiveness of procedure. The method provided in this article of perfecting
and giving notice of security interest in motor vehicles required to be titled under the terms
of this chapter or titled under the terms hereof, shall be exclusive. Security interests in
motor vehicles required to be titled or which are titled under this chapter, are hereby exempted
from the provisions of law which otherwise require the filing or recording of financing statements
or of other instruments creating or evidencing security interests. Security interests in motor
vehicles not required to be titled under this chapter or not titled under the terms hereof,
which are perfected under any other applicable laws of this state shall not be affected by
this chapter but shall continue in all respects to be governed by such other laws of this
state. (Acts 1973, No. 765, p. 1147, §24.)...
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7-9A-307
Section 7-9A-307 Location of debtor. (a) "Place of business." In this section, "place
of business" means a place where a debtor conducts its affairs. (b) Debtor's location:
General rules. Except as otherwise provided in this section, the following rules determine
a debtor's location: (1) A debtor who is an individual is located at the individual's principal
residence. (2) A debtor that is an organization and has only one place of business is located
at its place of business. (3) A debtor that is an organization and has more than one place
of business is located at its chief executive office. (c) Limitation of applicability of subsection
(b). Subsection (b) applies only if a debtor's residence, place of business, or chief executive
office, as applicable, is located in a jurisdiction whose law generally requires information
concerning the existence of a nonpossessory security interest to be made generally available
in a filing, recording, or registration system as a condition or result...
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7-9A-514
Section 7-9A-514 Assignment of powers of secured party of record. (a) Assignment reflected
on initial financing statement. Except as otherwise provided in subsection (c), an initial
financing statement may reflect an assignment of all of the secured party's power to authorize
an amendment to the financing statement by providing the name and mailing address of the assignee
as the name and address of the secured party. (b) Assignment of filed financing statement.
Except as otherwise provided in subsection (c), a secured party of record may assign of record
all or part of its power to authorize an amendment to a financing statement by filing in the
filing office an amendment of the financing statement which: (1) identifies, by its file number,
the initial financing statement to which it relates; (2) provides the name of the assignor;
and (3) provides the name and mailing address of the assignee. (c) Assignment of record of
mortgage. An assignment of record of a security interest in a...
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7-9A-331
Section 7-9A-331 Priority of rights of purchasers of instruments, documents, and securities
under other articles; priority of interests in financial assets and security entitlements
under Article 8. (a) Rights under Articles 3, 7, and 8 not limited. This article does not
limit the rights of a holder in due course of a negotiable instrument, a holder to which a
negotiable document of title has been duly negotiated, or a protected purchaser of a security.
These holders or purchasers take priority over an earlier security interest, even if perfected,
to the extent provided in Articles 3, 7, and 8. (b) Protection under Article 8. This article
does not limit the rights of or impose liability on a person to the extent that the person
is protected against the assertion of a claim under Article 8. (c) Filing not notice. Filing
under this article does not constitute notice of a claim or defense to the holders, or purchasers,
or persons described in subsections (a) and (b). (Act 2001-481, p....
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7-9A-523
Section 7-9A-523 Information from filing office; sale or license of records. (a) Acknowledgment
of filing written record. If a person that files a written record requests an acknowledgment
of the filing, the filing office shall send to the person an image of the record showing the
number assigned to the record pursuant to Section 7-9A-519(a)(1) and the date and time of
the filing of the record. However, if the person furnishes a copy of the record to the filing
office, the filing office may instead: (1) note upon the copy the number assigned to the record
pursuant to Section 7-9A-519(a)(1) and the date and time of the filing of the record; and
(2) send the copy to the person. (b) Acknowledgment of filing other record. If a person files
a record other than a written record, the filing office shall communicate to the person an
acknowledgment that provides: (1) the information in the record; (2) the number assigned to
the record pursuant to Section 7-9A-519(a)(1); and (3) the date and...
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7-9A-625
Section 7-9A-625 Remedies for secured party's failure to comply with article. (a) Judicial
orders concerning noncompliance. If it is established that a secured party is not proceeding
in accordance with this article, a court may order or restrain collection, enforcement, or
disposition of collateral on appropriate terms and conditions. (b) Damages for noncompliance.
Subject to subsections (c), (d), and (f), a person is liable for damages in the amount of
any loss caused by a failure to comply with this article. Loss caused by a failure to comply
may include loss resulting from the debtor's inability to obtain, or increased costs of, alternative
financing. (c) Persons entitled to recover damages; statutory damages in consumer-goods transaction.
Except as otherwise provided in Section 7-9A-628: (1) a person that, at the time of the failure,
was a debtor, was an obligor, or held a security interest in or other lien on the collateral
may recover damages under subsection (b) for its loss;...
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27-29-3
Section 27-29-3 Acquisition of control of, or merger with, domestic insurers. (a)(1) No person
other than the issuer shall make a tender offer for or a request or invitation for tenders
of, or enter into any agreement to exchange securities for, seek to acquire, or acquire in
the open market any voting security of a domestic insurer if, after the consummation thereof,
such person would, directly or indirectly, or by conversion or by exercise of any right to
acquire, be in control of such insurer, and no person shall enter into an agreement to merge
with or otherwise to acquire control of a domestic insurer, or any person controlling a domestic
insurer unless, at the time any such offer, request, or invitation is made or any such agreement
is entered into, or prior to the acquisition of such securities if no offer or agreement is
involved such person has filed with the commissioner and has sent to such insurer a statement
containing the information required by this section and such...
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