West Virginia Statutes

§ 46-9-109 — Scope

West Virginia·Ch. 46 UNIFORM COMMERCIAL CODE·Art. 9 SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER
(a)General scope of article. -– Except as otherwise provided in subsections (c) and (d) of this section, this article applies to:
(1)A transaction, regardless of its form, that creates a security interest in personal property or fixtures by contract;
(2)An agricultural lien;
(3)A sale of accounts, chattel paper, payment intangibles or promissory notes;
(4)A consignment;
(5)A security interest arising under section 2-401, 2-505, 2-711(3) or 2A-508(5) as provided in section 9-110; and
(6)A security interest arising under section 4-210 or 5-118.
(b)Security interest in secured obligation. -– The application of this article to a security interest in a secured obligation is not affected by the fact that the obligation is itself secured by a transaction or interest to which this a

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Legislative History

2005 Reg. Sess., SB455; 2001 Reg. Sess., SB732; 2000 Reg. Sess., SB469

Nearby Sections

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