Georgia § 11-9-110 Security interests arising under Article 2 or 2A of this title

Georgia Statutes

§ 11-9-110 — Security interests arising under Article 2 or 2A of this title

Georgia § 11-9-110

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This text of Georgia § 11-9-110 (Security interests arising under Article 2 or 2A of this title) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 11-9-110 (2026).

Text

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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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.