U.C.C. § 9-308 (Am. L. Inst. & Unif. L. Comm'n 1998) — When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfection — Reading Room

U.C.C. § 9-308 — When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfection

Editorial summary. Section 9-308 states the general perfection rule: a security interest is perfected when it has attached and when all applicable requirements for perfection under Article 9 (filing, possession, control, or automatic perfection) have been satisfied.

Citation: U.C.C. § 9-308 (Am. L. Inst. & Unif. L. Comm'n 1998)Jurisdiction: United StatesEffective: 2001-07-01

Governing Rule

Codified text.

Editorial note. Perfection dates from attachment plus completion of the applicable perfection step (§ 9-308(a)). Continuity of perfection is preserved when the initial perfection is followed by another without a gap (§ 9-308(c)).

Doctrinal Significance

Codified text.

Editorial note. Perfection is the Article 9 mechanism that gives constructive notice to third parties and determines priority under § 9-322.

Cross References

Codified text.

Editorial note. See U.C.C. §§ 9-310 through 9-316 (perfection methods); 9-322 (priorities); 9-501 (filing office).

Revision history

1998-07-25 — Revised Article 9 promulgated.

Related Publications

Editorial articles from Real Law Society Press that discuss this authority.

Real Law Society Press
Priority, Subordination, and Transfer of Mortgaged Property
Ranking Security Interests in Land and Moving the Property, the Debt, and the Lien

Canonical source: https://www.law.cornell.edu/ucc/9/9-308