PART 1 - SHORT TITLE, APPLICABILITY AND DEFINITIONS
14-9-101. SHORT TITLE.
14-9-102. POLICY AND SCOPE OF CHATER.
14-9-103. PERFECTION OF SECURITY INTERESTS IN TRANSACTIONS INVOLVING MORE THAN ONE JURISDICTION.
14-9-104. TRANSACTIONS EXLUDED FROM CHAPTER.
14-9-105. DEFINITIONS AND INDEX OF DEFINITIONS.
14-9-106. DEFINITIONS: ACCOUNT; GENERAL INTANGIBLES.
14-9-107. DEFINITIONS: PURCHASE MONEY SECURITY INTEREST.
14-9-108. WHEN AFTER-ACQUIRED COLLATERAL IS NOT SECURITY FOR AN ANTECEDENT DEBT.
14-9-109. CLASSIFICATION OF GOODS: CONSUMER GOODS; EQUIPMENT; FARM PRODUCTS; INVENTORY.
14-9-110. SUFFICIENCY OF DESCRIPTION.
14-9-111. APPLICABILITY OF BULK TRANSFERS LAWS.
14-9-112. WHERE COLLATERAL IS NOT OWNED BY THE DEBTOR.
14-9-113. SECURITY INTERESTS ARISING UNDER CHAPTER ON SALES.
14-9-114. CONSIGNMENT.
PART 2 - VALIDITY OF SECURITY AGREEMENT AND RIGHTS OF PARTIES THERETO
14-9-201. GENERAL VALIDITY OF SECURITY AGREEMENTS.
14-9-202. TITLE TO COLLATERAL IMMATERIAL.
14-9-203. ENFORCEABILITY OF SECURITY INTERESTS; PROCEEDS; FORMAL REQUISITES.
14-9-204. AFTER-ACQUIRED PROPERTY; FUTURE ADVANCES.
14-9-205. USE OR DISPOSITION OF COLLATERAL WITHOUT ACCOUNTING IS PERMISSIBLE.
14-9-206. AGREEMENT NOT TO ASSERT DEFENSES AGAINST AN ASSIGNEE; MODIFICATION OF SALES WARRANTIES WHERE A SECURITY AGREEMENT EXISTS.
14-9-207. RIGHTS AND DUTIES WHEN COLLATERAL IS IN THE SECURED PARTY’S POSSESSION.
14-9-208. REQUEST FOR STATEMENT OF ACCOUNT OR LIST OF COLLATERAL.
PART 3 - RIGHTS OF THIRD PARTIES; PERFECTED AND UNPERFECTED SECURITY INTERESTS; RULES OF PRIORITY
14-9-301. PERSONS WHO TAKE PRIORITY OVER UNPERFECTED SECURITY INTERESTS; RIGHTS OF THE LIEN CREDITOR.
14-9-302. WHEN FILING IS REQUIRED TO PERFECT A SECURITY INTEREST; SECURITY INTERESTS TO WHICH THE FILING PROVISIONS OF THIS CHAPTER DO NOT APPLY.
14-9-303. WHEN A SECURITY INTEREST IS PERFECTED; CONTINUITY OF PERFECTION.
14-9-304. PERFECTION OF SECURITY INTEREST IN INSTRUMENTS, DOCUMENTS, AND GOODS COVERED BY DOCUMENTS; PERFECTION BY PERMISSIVE FILING; TEMPORARY PERFECTION WITHOUT FILING OF TRANSFER OF POSSESSION.
14-9-305. WHEN POSSESSION BY SECURED PARTY PERFECTS SECURITY INTEREST WITHOUT FILING.
14-9-306. PROCEEDS; THE SECURED PARTY’S RIGHTS ON DISPOSITION OF COLLATERAL.
14-9-307. PROTECTION OF BUYERS OF GOODS.
14-9-308. PURCHASE OF CHATTEL PAPER AND INSTRUMENTS.
14-9-309. PROTECTION OF PURCHASER OF INSTRUMENTS, DOCUMENTS, AND SECURITIES.
14-9-310. PRIORITY OF CERTAIN LIENS ARISING BY OPERATION OF LAW.
14-9-311. ALIENABILITY OF DEBTOR’S RIGHTS: JUDICIAL PROCESS.
14-9-312. PRIORITIES AMONG CONFLICTING SECURITY INTERESTS IN THE SAME COLLATERAL.
14-9-313. PRIORITY OF SECURED INTERESTS IN FIXTURES.
14-9-314. ACCESSIONS.
14-9-315. PRIORITY WHEN GOODS ARE COMMINGLED OR PROCESSED.
14-9-316. PRIORITY SUBJECT TO SUBORDINATION.
14-9-317. SECURED PARTY NOT OBLIGATED ON CONTRACT OF DEBTOR.
14-9-318. DEFENSES AGAINST AN ASSIGNEE; MODIFICATION OF A CONTRACT AFTER NOTIFICATION OF ASSIGNMENT; TERM PROHIBITING ASSIGNMENT INEFFECTIVE; IDENTIFICATION AND PROOF OF ASSIGNMENT.
PART 4 - FILING
14-9-401. FILING REQUIREMENTS.
14-9-402. PLACE OF FILING FOR FIXTURES ON TRUST OR RESTRICTED LAND.
PART 5 - DEFAULT
14-9-501. DEFAULT; PROCEDURE WHEN SECURITY AGREEMENT COVERS BOTH REAL AND PERSONAL PROPERTY.
14-9-502. COLLECTION RIGHTS OF SECURED PARTY.
14-9-503. REPOSSESSION OF PERSONAL PROPERTY.
14-9-504. SECURED PARTY’S RIGHT TO DISPOSE OF COLLATERAL AFTER DEFAULT; EFFECT OF DISPOSITION.
14-9-505. COMPULSORY DISPOSITION OF COLLATERAL; ACCEPTANCE OF THE COLLATERAL AS A DISCHARGE OF OBLIGATION.
14-9-506. DEBTOR’S RIGHT TO REDEEM COLLATERAL.
14-9-507. SECURED PARTY’S LIABILITY FOR FAILURE TO COMPLY WITH THIS PART.

14-9-107. DEFINITIONS: PURCHASE MONEY SECURITY INTEREST.

A security interest is a “purchase money security interest” to the extent that it is:

Taken or retained by the seller of the collateral to secure all or part of its purchase price; or
Taken by a person who by making advances or incurring an obligation gives value to enable the debtor to acquire rights in o r the use of collateral is such value is in fact so used.

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