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Article

Article 9 Secured Transactions -- Sales of Accounts, Contract Rights, and Chattel Paper

  • KRS 355.9-101— Short title
  • KRS 355.9-102— Definitions and index of definitions
  • KRS 355.9-103— Purchase-money security interest -- Application of payments -- Burden of establishing
  • KRS 355.9-104— Control of deposit account
  • KRS 355.9-105— Control of electronic copy of record evidencing chattel paper
  • KRS 355.9-106— Control of investment property
  • KRS 355.9-107— Control of letter-of-credit right
  • KRS 355.9-108— Sufficiency of description
  • KRS 355.9-109— Scope
  • KRS 355.9-110— Security interests arising under Article 2 or 2A
  • KRS 355.9-111— Repealed, 1992
  • KRS 355.9-112— Repealed, 2000
  • KRS 355.9-113— Repealed, 2000
  • KRS 355.9-114— Repealed, 2000
  • KRS 355.9-115— Repealed, 2000
  • KRS 355.9-116— Repealed, 2000
  • KRS 355.9-201— General effectiveness of security agreement
  • KRS 355.9-202— Title to collateral immaterial
  • KRS 355.9-203— Attachment and enforceability of security interest -- Proceeds -- Supporting obligations -- Formal requisites
  • KRS 355.9-204— After-acquired property -- Future advances
  • KRS 355.9-205— Use or disposition of collateral permissible
  • KRS 355.9-206— Security interest arising in purchase or delivery of financial asset
  • KRS 355.9-207— Rights and duties of secured party having possession or control of collateral
  • KRS 355.9-208— Additional duties of secured party having control of collateral
  • KRS 355.9-209— Duties of secured party if account debtor has been notified of assignment
  • KRS 355.9-210— Request for accounting -- Request regarding list of collateral or statement of account
  • KRS 355.9-301— Law governing perfection and priority of security interests
  • KRS 355.9-302— Law governing perfection and priority of agricultural liens
  • KRS 355.9-303— Law governing perfection and priority of security interests in goods covered by a certificate of title
  • KRS 355.9-304— Law governing perfection and priority of security interests in deposit accounts
  • KRS 355.9-305— Law governing perfection and priority of security interests in investment property
  • KRS 355.9-306— Law governing perfection and priority of security interests in letter-of-credit rights
  • KRS 355.9-307— Location of debtor
  • KRS 355.9-308— When security interest or agricultural lien is perfected -- Continuity of perfection
  • KRS 355.9-309— Security interest perfected upon attachment
  • KRS 355.9-310— When filing required to perfect security interest or agricultural lien -- Security interests and agricultural liens to which filing provisions do not apply
  • KRS 355.9-311— Perfection of security interests in property subject to certain statutes, regulations, and treaties
  • KRS 355.9-312— Perfection of security interests in chattel paper, controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, negotiable documents, goods covered by documents, instruments, investment property, letter-of-credit rights, and money -- Perfection by permissive filing -- Temporary perfection without filing or transfer of possession
  • KRS 355.9-313— When possession by or delivery to secured party perfects security interest without filing
  • KRS 355.9-314— Perfection by control
  • KRS 355.9-315— Secured party's rights on disposition of collateral and in proceeds
  • KRS 355.9-316— Continued perfection of security interest following change in governing law
  • KRS 355.9-317— Interests that take priority over or take free of security interest or agricultural lien
  • KRS 355.9-318— No interest retained in right to payment that is sold -- Rights and title of seller of account or chattel paper with respect to creditors and purchasers
  • KRS 355.9-319— Rights and title of consignee with respect to creditors and purchasers
  • KRS 355.9-320— Buyer of goods
  • KRS 355.9-321— Licensee of general intangible and lessee of goods in ordinary course of business
  • KRS 355.9-322— Priorities among conflicting security interests in and agricultural liens on same collateral
  • KRS 355.9-323— Future advances
  • KRS 355.9-324— Priority of purchase-money security interests
  • KRS 355.9-325— Priority of security interests in transferred collateral
  • KRS 355.9-326— Priority of security interests created by new debtor
  • KRS 355.9-327— Priority of security interests in deposit account
  • KRS 355.9-328— Priority of security interests in investment property
  • KRS 355.9-329— Priority of security interests in letter-of-credit right
  • KRS 355.9-330— Priority of purchaser of chattel paper or instrument
  • KRS 355.9-331— Priority of rights of purchasers of controllable accounts, controllable electronic records, controllable payment tangibles, documents, instruments, and securities under other articles -- Priority of interests in financial assets and security entitlements and protection against assertion of claim under Articles 8 and 12
  • KRS 355.9-332— Transfer of money -- Transfer of funds from deposit account
  • KRS 355.9-333— Priority of certain liens arising by operation of law
  • KRS 355.9-334— Priority of security interests in fixtures and crops
  • KRS 355.9-335— Accessions
  • KRS 355.9-336— Commingled goods
  • KRS 355.9-337— Priority of security interests in goods covered by certificate of title
  • KRS 355.9-338— Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
  • KRS 355.9-339— Priority subject to subordination
  • KRS 355.9-340— Effectiveness of right of recoupment or set-off against deposit account
  • KRS 355.9-341— Bank's rights and duties with respect to deposit account
  • KRS 355.9-342— Bank's right to refuse to enter into or disclose existence of control agreement
  • KRS 355.9-401— Alienability of debtor's rights
  • KRS 355.9-401A— Repealed, 2000
  • KRS 355.9-402— Secured party not obligated on contract of debtor or in tort
  • KRS 355.9-403— Agreement not to assert defenses against assignee
  • KRS 355.9-404— Rights acquired by assignee -- Claims and defenses against assignee
  • KRS 355.9-405— Modification of assigned contract
  • KRS 355.9-406— Discharge of account debtor -- Notification of assignment -- Identification and proof of assignment -- Restrictions on assignment of accounts, chattel paper, payment intangibles, and promissory notes ineffective
  • KRS 355.9-407— Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
  • KRS 355.9-408— Restrictions on assignment of promissory notes, health-care-insurance receivables, and certain general intangibles ineffective
  • KRS 355.9-409— Restrictions on assignment of letter-of-credit rights ineffective
  • KRS 355.9-501— Filing office
  • KRS 355.9-502— Contents of financing statement -- Record of mortgage as financing statement -- Time of filing financing statement
  • KRS 355.9-503— Name of debtor and secured party
  • KRS 355.9-504— Indication of collateral
  • KRS 355.9-505— Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions
  • KRS 355.9-506— Effect of errors or omissions
  • KRS 355.9-507— Effect of certain events on effectiveness of financing statement
  • KRS 355.9-508— Effectiveness of financing statement if new debtor becomes bound by security agreement
  • KRS 355.9-509— Persons entitled to file a record
  • KRS 355.9-510— Effectiveness of filed record
  • KRS 355.9-511— Secured party of record
  • KRS 355.9-512— Amendment of financing statement
  • KRS 355.9-513— Termination statement
  • KRS 355.9-513A— Termination of wrongfully filed record -- Reinstatement
  • KRS 355.9-514— Assignment of powers of secured party of record
  • KRS 355.9-515— Duration and effectiveness of financing statement -- Effect of lapsed financing statement
  • KRS 355.9-516— What constitutes filing -- Effectiveness of filing
  • KRS 355.9-516A— Administrative rejection of unauthorized records
  • KRS 355.9-517— Effect of indexing errors
  • KRS 355.9-518— Claim concerning inaccurate or wrongfully filed record
  • KRS 355.9-519— Numbering, maintaining, and indexing records -- Communicating information provided in records
  • KRS 355.9-520— Acceptance and refusal to accept record
  • KRS 355.9-521— Uniform form of written financing statement and amendment
  • KRS 355.9-522— Maintenance and destruction of records
  • KRS 355.9-523— Information from filing office -- Sale or license of records
  • KRS 355.9-524— Delay by filing office
  • KRS 355.9-525— Fees
  • KRS 355.9-526— Filing-office rules
  • KRS 355.9-527— Duty to report
  • KRS 355.9-601— Rights after default -- Judicial enforcement -- Consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
  • KRS 355.9-602— Waiver and variance of rights and duties
  • KRS 355.9-603— Agreement on standards concerning rights and duties
  • KRS 355.9-604— Procedure if security agreement covers real property or fixtures
  • KRS 355.9-605— Unknown debtor or secondary obligor
  • KRS 355.9-606— Time of default for agricultural lien
  • KRS 355.9-607— Collection and enforcement by secured party
  • KRS 355.9-608— Application of proceeds of collection or enforcement -- Liability for deficiency and right to surplus
  • KRS 355.9-609— Secured party's right to take possession after default
  • KRS 355.9-610— Disposition of collateral after default
  • KRS 355.9-611— Notification before disposition of collateral
  • KRS 355.9-612— Timeliness of notification before disposition of collateral
  • KRS 355.9-613— Contents and form of notification before disposition of collateral: General
  • KRS 355.9-614— Contents and form of notification before disposition of collateral: Consumer-goods transaction
  • KRS 355.9-615— Application of proceeds of disposition -- Liability for deficiency and right to surplus
  • KRS 355.9-616— Explanation of calculation of surplus or deficiency
  • KRS 355.9-617— Rights of transferee of collateral
  • KRS 355.9-618— Rights and duties of certain secondary obligors
  • KRS 355.9-619— Transfer of record or legal title
  • KRS 355.9-620— Acceptance of collateral in full or partial satisfaction of obligation -- Compulsory disposition of collateral
  • KRS 355.9-621— Notification of proposal to accept collateral
  • KRS 355.9-622— Effect of acceptance of collateral
  • KRS 355.9-623— Right to redeem collateral
  • KRS 355.9-624— Waiver
  • KRS 355.9-625— Remedies for secured party's failure to comply with article
  • KRS 355.9-626— Action in which deficiency or surplus is in issue
  • KRS 355.9-627— Determination of whether conduct was commercially reasonable
  • KRS 355.9-628— Nonliability and limitation on liability of secured party -- Liability of secondary obligor
  • KRS 355.9-701— Effective date
  • KRS 355.9-702— Savings clause
  • KRS 355.9-703— Security interest perfected before effective date
  • KRS 355.9-704— Security interest unperfected before effective date
  • KRS 355.9-705— Effectiveness of action taken before effective date
  • KRS 355.9-706— When initial financing statement suffices to continue effectiveness of financing statement -- Minor errors or omissions
  • KRS 355.9-707— Amendment of pre-effective-date financing statement
  • KRS 355.9-708— Persons entitled to file initial financing statement or continuation statement
  • KRS 355.9-709— Priority
  • KRS 355.9-710— Duties of county clerk
  • KRS 355.9-801— Effective date of statutory changes contained in 2012 Ky. Acts ch. 132
  • KRS 355.9-802— Application
  • KRS 355.9-803— Security interest perfected before effective date
  • KRS 355.9-804— Security interest unperfected before effective date
  • KRS 355.9-805— Effectiveness of action taken before effective date
  • KRS 355.9-806— When initial financing statement suffices to continue effectiveness of financing statement
  • KRS 355.9-807— Amendment of pre-effective-date financing statement
  • KRS 355.9-808— Person entitled to file initial financing statement or continuation statement
  • KRS 355.9-809— Priority
  • KRS 355.9-1051— Control of electronic money
  • KRS 355.9-1071— Control of controllable electronic record, controllable account, or controllable payment intangible
  • KRS 355.9-1072— No requirement to acknowledge or confirm -- No duties
  • KRS 355.9-3061— Law governing perfection and priority of security interests in chattel paper
  • KRS 355.9-3062— Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles
  • KRS 355.9-3141— Perfection by possession and control of chattel paper
  • KRS 355.9-3261— Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible