North Dakota § 41-09-76 (9-505) Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions

North Dakota Statutes

§ 41-09-76 — (9-505) Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions

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

consignments, leases, other bailments, and other transactions.

1.A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment intangible or promissory note may file a financing statement, or may comply with a statute or treaty described in subsection 1 of section 41-09-31, using the terms "consignor", "consignee", "lessor", "lessee", "bailor", "bailee", "licensor", "licensee", "owner", "registered owner", "buyer", "seller", or words of similar import, instead of the terms "secured party" and "debtor".

2.This part applies to the filing of a financing statement under subsection 1 and, as appropriate, to compliance that is equivalent to filing a financing statement under subsection 2 of section 41-09-31, but the filing or compliance is not of itself a factor in determi

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consignments, leases, other bailments, and other transactions.
1. A consignor, lessor, or other bailor of goods, a licensor, or a buyer of a payment
intangible or promissory note may file a financing statement, or may comply with a
statute or treaty described in subsection 1 of section 41-09-31, using the terms
"consignor", "consignee", "lessor", "lessee", "bailor", "bailee", "licensor", "licensee",
"owner", "registered owner", "buyer", "seller", or words of similar import, instead of the
terms "secured party" and "debtor".
2. This part applies to the filing of a financing statement under subsection 1 and, as
appropriate, to compliance that is equivalent to filing a financing statement under
subsection 2 of section 41-09-31, but the filing or compliance is not of itself a factor in
determining whether the collateral secures an obligation. If it is determined for another
reason that the collateral secures an obligation, a security interest held by the
consignor, lessor, bailor, licensor, owner, or buyer which attaches to the collateral is
perfected by the filing or compliance.

North Dakota § 41-09-76 ((9-505) Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.