North Dakota § 41-09-30 (9-310) When filing required to perfect security interest or agricultural lien - Security interests and agricultural liens to which filing provisions do not apply

North Dakota Statutes

§ 41-09-30 — (9-310) When filing required to perfect security interest or agricultural lien - Security interests and agricultural liens to which filing provisions do not apply

North Dakota·Title 41 Uniform Commercial Code·Ch. 41-09 Secured Transactions

Security interests and agricultural liens to which filing provisions do not apply.

1.Except as otherwise provided in subsection 2 and subsection 2 of section 41-09-32, a financing statement must be filed to perfect all security interests and agricultural liens.

2.The filing of a financing statement is not necessary to perfect a security interest:

a.That is perfected under subsection 4, 5, 6, or 7 of section 41-09-28;

b.That is perfected under section 41-09-29 when it attaches;

c.In property subject to a statute, regulation, or treaty described in subsection 1 of section 41-09-31;

d.In goods in possession of a bailee which is perfected under subdivision a or b of subsection 4 of section 41-09-32;

e.In certificated securities, documents, goods, or instruments which is perfected withou

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Security interests and agricultural liens to which filing provisions do not apply.
1. Except as otherwise provided in subsection 2 and subsection 2 of section 41-09-32, a
financing statement must be filed to perfect all security interests and agricultural liens.
2. The filing of a financing statement is not necessary to perfect a security interest:
a. That is perfected under subsection 4, 5, 6, or 7 of section 41-09-28;
b. That is perfected under section 41-09-29 when it attaches;
c. In property subject to a statute, regulation, or treaty described in subsection 1 of
section 41-09-31;
d. In goods in possession of a bailee which is perfected under subdivision a or b of
subsection 4 of section 41-09-32;
e. In certificated securities, documents, goods, or instruments which is perfected
without filing, control, or possession under subsection 5, 6, or 7 of section
41-09-32;
f. In collateral in the secured party's possession under section 41-09-33;
g. In a certificated security which is perfected by delivery of the security certificate to
the secured party under section 41-09-33;
h. In controllable accounts, controllable electronic records, controllable payment
intangibles, deposit accounts, electronic documents, investment property,
letter-of-credit rights, or uncertificated certificates of deposit, which is perfected by
control under section 41-09-34;
i. In chattel paper which is perfected by possession and control under section
41-09-34.1;
j. In proceeds which is perfected under section 41-09-35;
k. That is perfected under section 41-09-36; or
l. In agricultural liens created by chapter 35-17, 35-30, or 35-31.
3. If a secured party assigns a perfected security interest or agricultural lien, a filing
under this chapter is not required to continue the perfected status of the security
interest against creditors of and transferees from the original debtor.

North Dakota § 41-09-30 ((9-310) When filing required to perfect security interest or agricultural lien - Security interests and agricultural liens to which filing provisions do not apply) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.