Indiana § 26-1-9.1-311 Perfection of security interests in property subject to certain statutes,
regulations, and treaties

Indiana Statutes

§ 26-1-9.1-311 — Perfection of security interests in property subject to certain statutes, regulations, and treaties

Indiana § 26-1-9.1-311

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 9.1Secured Transactions

This text of Indiana § 26-1-9.1-311 (Perfection of security interests in property subject to certain statutes, regulations, and treaties) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-9.1-311 (2026).

Text

(a)Except as otherwise provided in subsection (d), the filing of a financing statement is not necessary or effective to perfect a security interest in property subject to:

(1)a statute, regulation, or treaty of the United States whose requirements for a security interest's obtaining priority over the rights of a lien creditor with respect to the property preempt IC 26-1-9.1-310(a);

(2)any Indiana statute covering automobiles, trailers, mobile homes, or boats, which provides for a security interest to be indicated on a certificate of title as a condition or result of perfection; or

(3)a statute of another jurisdiction which provides for a security interest to be indicated on a certificate of title as a condition or result of the security interest's obtaining priority over the rights of

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(a) Except as otherwise provided in
subsection (d), the filing of a financing statement is not necessary or
effective to perfect a security interest in property subject to:
(1) a statute, regulation, or treaty of the United States whose
requirements for a security interest's obtaining priority over the
rights of a lien creditor with respect to the property preempt IC 26-1-9.1-310(a);
(2) any Indiana statute covering automobiles, trailers, mobile
homes, or boats, which provides for a security interest to be
indicated on a certificate of title as a condition or result of
perfection; or
(3) a statute of another jurisdiction which provides for a security
interest to be indicated on a certificate of title as a condition or
result of the security interest's obtaining priority over the rights of
a lien creditor with respect to the property.
(b) Compliance with the requirements of a statute, regulation, or
treaty described in subsection (a) for obtaining priority over the rights
of a lien creditor is equivalent to the filing of a financing statement
under IC 26-1-9.1. Except as otherwise provided in subsection (d), IC 26-1-9.1-313, IC 26-1-9.1-316(d), and IC 26-1-9.1-316(e) for goods
covered by a certificate of title, a security interest in property subject
to a statute, regulation, or treaty described in subsection (a) may be
perfected only by compliance with those requirements, and a security
interest so perfected remains perfected notwithstanding a change in the
use or transfer of possession of the collateral.
(c) Except as otherwise provided in subsection (d), IC 26-1-9.1-316(d), and IC 26-1-9.1-316(e), duration and renewal of
perfection of a security interest perfected by compliance with the
requirements prescribed by a statute, regulation, or treaty described in
subsection (a) are governed by the statute, regulation, or treaty. In other
respects, the security interest is subject to IC 26-1-9.1.
(d) During any period in which collateral, subject to a statute
specified in subsection (a)(2), is inventory held for sale or lease by a
person or leased by that person as lessor, and that person is in the
business of selling goods of that kind, this section does not apply to a
security interest in that collateral created by that person, but instead,
the filing provisions of IC 26-1-9.1-501 through IC 26-1-9.1-527 apply.