SEC. 75-9-111. Applicability of bulk transfer laws.
The creation of a security interest is not a bulk transfer under Chapter 6 (see Section 6-103) [Sec. 75-6-103].
SOURCES: Codes, 1942, Sec. 41A:9-111; Laws, 1966, ch. 316, Sec. 9-111, eff March 31, 1968.