Arizona Statutes
§ 47-9110 — Security interests arising under sales and leases
A security interest arising under section 47-2401 or 47-2505 or section 47-2711, subsection C or section 47-2A508, subsection E is subject to this chapter. However, until the debtor obtains possession of the goods:
1.The security interest is enforceable, even if section 47-9203, subsection B, paragraph 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 2A of this title; and
4.The security interest has priority over a conflicting security interest created by the debtor.
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Related
In Re General Associated Investors Ltd. Partnership
150 B.R. 756 (D. Arizona, 1993)
Garcia v. Dealers Auto
(Court of Appeals of Arizona, 2023)
Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
Presumptions