As Amended
SEC. 75-9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply [Effective January 1, 2002].
(a) Except as otherwise provided in subsection (b) and Section 75-9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.
(b) The filing of a financing statement is not necessary to perfect a security interest:
(1) That is perfected under Section 75-9-308(d), (e), (f) or (g);
(2) That is perfected under Section 75-9-309 when it attaches;
(3) In property subject to a statute, regulation or treaty described in Section 75-9-311(a);
(4) In goods in possession of a bailee which is perfected under Section 75-9-312(d)(1) or (2);
(5) In certificated securities, documents, goods or instruments which is perfected without filing or possession under Section 75-9-312(e), (f) or (g);
(6) In collateral in the secured party's possession under Section 75-9-313;
(7) In a certificated security which is perfected by delivery of the security certificate to the secured party under Section 75-9-313;
(8) In deposit accounts, electronic chattel paper, investment property or letter-of-credit rights which is perfected by control under Section 75-9-314;
(9) In proceeds which is perfected under Section 75-9-315; or
(10) That is perfected under Section 75-9-316.
(c) If a secured party assigns a perfected security interest or agricultural lien, a filing under this article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.
SOURCES: Former 1972 Code § 75-9-310 [Codes, 1942, §
41A:9-310; Laws, 1966, ch. 316, § 9-310, eff March 31, 1968] is now
found in comparable provisions enacted at § 75-9-333 by Laws, 2001,
ch. 495, § 1. Present § 75-9-310 was derived from former
1972 Code § 75-9-302 [Codes, 1942, § 41A:9-302; Laws, 1966, ch.
316, § 9-302; Laws, 1977, ch. 452, § 15; Laws, 1986, ch.
401, § 1; Laws, 1990, ch. 384, § 50; Laws, 1996, ch. 468, §
62, eff from and after July 1, 1996] and was enacted by Laws,
2001, ch. 495, § 1, HB 1311, eff from and after January 1, 2
PREVIOUS VERSIONS: Pre-2001