Georgia Statutes
§ 11-9-110 — Security interests arising under Article 2 or 2A of this title
Georgia·Title 11
A security interest arising under Code Section 11-2-401 or 11-2-505 , subsection (3) of Code Section 11-2-711 , or subsection (5) of Code Section 11-2A-508 is subject to this article. However, until the debtor obtains possession of the goods:
(1)The security interest is enforceable, even if paragraph (3) of subsection (b) of Code Section 11-9-203 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 of this title; and (4) The security interest has priority over a conflicting security interest created by the debtor.
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Related
Mull v. Mickey's Lumber & Supply Co.
461 S.E.2d 270 (Court of Appeals of Georgia, 1995)
Kubota Tractor Corp. v. Citizens & Southern National Bank
403 S.E.2d 218 (Court of Appeals of Georgia, 1991)
Farm Credit of Northwest Florida v. Easom Peanut Co.
718 S.E.2d 590 (Court of Appeals of Georgia, 2011)
FARMERS &C. BANK OF TRENTON v. State
306 S.E.2d 11 (Court of Appeals of Georgia, 1983)
Mason v. Rabun Waste, Inc.
330 S.E.2d 400 (Court of Appeals of Georgia, 1985)
Lehigh Press, Inc. v. National Bank
389 S.E.2d 376 (Court of Appeals of Georgia, 1989)
Matter of Coody
59 B.R. 164 (M.D. Georgia, 1986)
ITT Financial Services v. Gibson
372 S.E.2d 468 (Court of Appeals of Georgia, 1988)
Goodin v. South Atlantic Production Credit Ass'n
410 S.E.2d 159 (Court of Appeals of Georgia, 1991)
Legislative History
Added by 2001 Ga. Laws 191, § 1, eff. 7/1/2001.
Nearby Sections
15
§ 11-1-101
Short titles§ 11-1-102
Scope of article§ 11-1-104
Construction against implicit repeal§ 11-1-105
Severability§ 11-1-106
Use of singular and plural; gender§ 11-1-107
Section captions§ 11-1-201
General definitions§ 11-1-202
Notice; knowledge§ 11-1-204
Value§ 11-1-205
Reasonable time; seasonableness§ 11-1-206
Presumptions