Alabama Code (Last Updated: November 28, 2014) |
Title7 COMMERCIAL CODE. |
Article9A. SECURED TRANSACTIONS. |
Part2. EFFECTIVENESS OF SECURITY AGREEMENT, ATTACHMENT OF SECURITY INTEREST; RIGHTS OF PARTIES TO SECURITY AGREEMENT. |
Division1. Effectiveness and Attachment. |
§7-9A-202. Title to collateral immaterial.
Latest version.
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Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this article with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.