W. Va. Code § 46-9-110

Security interests arising under article two or two-a

Known as the Uniform Commercial Code

The act spans §§ 46–46 (630 sections).

Applied in 3 court decisions — leading case Leasing Service Corp. v. Eastern Equipment Co. (In Re Eastern Equipment Co.) (1981)

Most recently applied in Federal Deposit Ins. Corp. v. Quality Inns, Inc. (April 1990)

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 two or two-a; and

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

Official source: West Virginia Legislature. Reproduced from public-domain West Virginia statutes; confirm against the official source for the current text. Not legal advice.