Chapter 9.1 - SECURED TRANSACTIONS

Section 26-1-9.1-101 - Short title
Section 26-1-9.1-102 - Definitions and index of definitions; principles of construction and interpretation
Section 26-1-9.1-102.5 - "Take free"; "takes free"; "takes the money free"; "takes the funds free"
Section 26-1-9.1-103 - Purchase-money security interest; application of payment; burden of establishing
Section 26-1-9.1-104 - Control of deposit account
Section 26-1-9.1-105 - Control of authoritative electronic copy of a record evidencing chattel paper; exclusive power; control on behalf of purchaser
Section 26-1-9.1-106 - Control of investment property
Section 26-1-9.1-107 - Control of letter-of-credit right
Section 26-1-9.1-107.1 - Control of controllable electronic record, controllable account, or controllable payment intangible
Section 26-1-9.1-107.2 - Control on behalf of another person; deposit accounts and authoritative electronic copies of record evidencing chattel paper; acknowledgment not required
Section 26-1-9.1-108 - Sufficiency of description
Section 26-1-9.1-109 - Scope
Section 26-1-9.1-110 - Security interests arising under IC 26-1-2 or IC 26-1-2.1
Section 26-1-9.1-201 - General effectiveness of security agreement
Section 26-1-9.1-202 - Title to collateral immaterial
Section 26-1-9.1-203 - Attachment and enforceability of security interest; requirements; rights to proceeds; security interest in right to payment or performance
Section 26-1-9.1-204 - Security interest in after-acquired collateral; exceptions; future advances; proceeds
Section 26-1-9.1-205 - Use or disposition of collateral permissible
Section 26-1-9.1-206 - Security interest arising in purchase or delivery of financial asset
Section 26-1-9.1-207 - Rights and duties of secured party having possession or control of collateral
Section 26-1-9.1-208 - Additional duties of secured party having control of collateral
Section 26-1-9.1-209 - Duties of secured party if account debtor has been notified of assignment
Section 26-1-9.1-210 - Request for accounting; request regarding list of collateral or statement of account
Section 26-1-9.1-301 - Law governing perfection, effect of perfection or nonperfection, and priority of security interests in collateral
Section 26-1-9.1-302 - Law governing perfection and priority of agricultural liens
Section 26-1-9.1-303 - Law governing perfection and priority of security interests in goods covered by a certificate of title
Section 26-1-9.1-304 - Law governing perfection, effect of perfection or nonperfection, and priority of security interests in deposit accounts; determination of bank's jurisdiction
Section 26-1-9.1-305 - Law governing perfection and priority of security interests in investment property
Section 26-1-9.1-306 - Law governing perfection and priority of security interests in letter-of-credit rights
Section 26-1-9.1-306.1 - Law governing perfection, effect of perfection or nonperfection, and priority of security interests in chattel paper; chattel paper's jurisdiction
Section 26-1-9.1-306.2 - Law governing perfection, effect of perfection or nonperfection, and priority of security interests in controllable electronic records, controllable accounts, and controllable payment intangibles
Section 26-1-9.1-307 - Location of debtor
Section 26-1-9.1-308 - When security interest or agricultural lien is perfected; continuity of perfection
Section 26-1-9.1-309 - Security interest perfected upon attachment
Section 26-1-9.1-310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
Section 26-1-9.1-311 - Perfection of security interests in property subject to certain statutes, regulations, and treaties
Section 26-1-9.1-312 - Perfection by permissive filing; perfection only by control or possession; temporary perfection without filing or transfer of possession
Section 26-1-9.1-313 - When possession by or delivery to secured party perfects security interest without filing
Section 26-1-9.1-314 - Perfection by control
Section 26-1-9.1-314.1 - [Effective Until 7/1/2024] Perfection of security interest in chattel paper by possession or control
Section 26-1-9.1-314.1 - [Effective 7/1/2024] Perfection of security interest in chattel paper by possession or control
Section 26-1-9.1-315 - Secured party's rights on disposition of collateral and in proceeds
Section 26-1-9.1-316 - Continued perfection of security interest following change in governing law
Section 26-1-9.1-317 - Interests that take priority over or take free of unperfected security interest or agricultural lien
Section 26-1-9.1-318 - No interest retained in right to payment that is sold; rights and title of seller of account or chattel paper with respect to creditors and purchasers
Section 26-1-9.1-319 - Rights and title of consignee with respect to creditors and purchasers
Section 26-1-9.1-320 - Buyer of goods
Section 26-1-9.1-321 - Licensee of general intangible and lessee of goods in ordinary course of business
Section 26-1-9.1-322 - Priorities among conflicting security interests in and agricultural liens on same collateral
Section 26-1-9.1-323 - Future advances
Section 26-1-9.1-324 - Priority of purchase-money security interests
Section 26-1-9.1-325 - Priority of security interests in transferred collateral
Section 26-1-9.1-326 - Priority of security interests created by new debtor
Section 26-1-9.1-326.1 - Priority of security interest in controllable account, controllable electronic record, or controllable payment intangible
Section 26-1-9.1-327 - Priority of security interests in deposit account
Section 26-1-9.1-328 - Priority of security interests in investment property
Section 26-1-9.1-329 - Priority of security interests in letter-of-credit rights
Section 26-1-9.1-330 - Priority of purchases of chattel paper or instrument
Section 26-1-9.1-331 - Priority of rights of holders or purchasers; persons protected against adverse claims; filing not considered notice of claim or defense
Section 26-1-9.1-332 - Transferee of money or of funds from a deposit account
Section 26-1-9.1-333 - Priority of certain liens arising by operation of law
Section 26-1-9.1-334 - Priority of security interests in fixtures and crops
Section 26-1-9.1-335 - Accessions
Section 26-1-9.1-336 - Commingled goods
Section 26-1-9.1-337 - Priority of security interests in goods covered by certificate of title
Section 26-1-9.1-338 - Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information
Section 26-1-9.1-339 - Priority subject to subordination
Section 26-1-9.1-340 - Effectiveness of right of recoupment or setoff against deposit account
Section 26-1-9.1-341 - Bank's rights and duties with respect to deposit account subject to security interest
Section 26-1-9.1-342 - Bank's right to refuse to enter into or disclose existence of control agreement
Section 26-1-9.1-401 - Alienability of debtor's rights
Section 26-1-9.1-402 - Secured party not obligated on contract of debtor or in tort
Section 26-1-9.1-403 - Agreement not to assert defenses against assignee
Section 26-1-9.1-404 - Rights acquired by assignee; claims and defenses against assignee
Section 26-1-9.1-405 - Modification of assigned contract
Section 26-1-9.1-406 - Accounts, chattel paper, and payment intangibles; notification of assignment; discharge of account debtor's obligation; proof of assignment; restrictions on assignment ineffective; exceptions
Section 26-1-9.1-407 - Restrictions on creation or enforcement of security interest in leasehold interest or in lessor's residual interest
Section 26-1-9.1-408 - Promissory notes, health care insurance receivables, and general intangibles; restrictions on assignment or security interest ineffective; exception
Section 26-1-9.1-409 - Restrictions on assignment of letter-of-credit rights ineffective
Section 26-1-9.1-501 - Filing office
Section 26-1-9.1-502 - Contents of financing statement; record of mortgage as financing statement; time of filing financing statement
Section 26-1-9.1-503 - Name of debtor and secured party
Section 26-1-9.1-504 - Indication of collateral
Section 26-1-9.1-505 - Filing and compliance with other statutes and treaties for consignments, leases, other bailments, and other transactions
Section 26-1-9.1-506 - Effect of errors or omissions
Section 26-1-9.1-507 - Effect of certain events on effectiveness of financing statement
Section 26-1-9.1-508 - Effectiveness of financing statement if new debtor becomes bound by security agreement
Section 26-1-9.1-509 - Persons entitled to file initial financing statement or amendment
Section 26-1-9.1-510 - Effectiveness of filed record
Section 26-1-9.1-511 - Secured party of record
Section 26-1-9.1-512 - Amendment of financing statement
Section 26-1-9.1-513 - Termination statement for financing statement
Section 26-1-9.1-514 - Assignment of powers of secured party of record
Section 26-1-9.1-515 - Duration and effectiveness of financing statement; effect of lapsed financing statement
Section 26-1-9.1-516 - What constitutes filing; effectiveness of filing
Section 26-1-9.1-517 - Effect of indexing errors
Section 26-1-9.1-518 - Claim concerning inaccurate or wrongfully filed record
Section 26-1-9.1-519 - Numbering, maintaining, and indexing records; communicating information provided in records
Section 26-1-9.1-520 - Acceptance and refusal to accept record
Section 26-1-9.1-521 - Written record filing; format
Section 26-1-9.1-522 - Maintenance and destruction of records
Section 26-1-9.1-523 - Information from filing office; sale or license of records
Section 26-1-9.1-524 - Delay by filing office
Section 26-1-9.1-525 - Fees
Section 26-1-9.1-526 - Filing-office rules
Section 26-1-9.1-527 - Duty to report
Section 26-1-9.1-601 - Rights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes
Section 26-1-9.1-602 - Waiver and variance of rights and duties
Section 26-1-9.1-603 - Agreement on standards concerning rights and duties
Section 26-1-9.1-604 - Procedure if security agreement covers real property or fixtures
Section 26-1-9.1-605 - Unknown debtor or secondary obligor; no duty owed by secured party; exception for controllable account, controllable electronic record, or controllable payment intangible
Section 26-1-9.1-606 - Time of default for agricultural lien
Section 26-1-9.1-607 - Collection and enforcement by secured party
Section 26-1-9.1-608 - Application of proceeds of collection or enforcement; liability for deficiency and right to surplus
Section 26-1-9.1-609 - Secured party's right to take possession after default
Section 26-1-9.1-610 - Disposition of collateral after default
Section 26-1-9.1-611 - Notification by secured party of disposition of collateral
Section 26-1-9.1-612 - Timeliness of notification before disposition of collateral
Section 26-1-9.1-613 - Contents and form of notification before disposition of collateral; transaction other than consumer-goods transaction
Section 26-1-9.1-614 - Contents and form of notification before disposition of collateral; consumer goods transaction
Section 26-1-9.1-615 - Application of proceeds of disposition; liability for deficiency and right to surplus
Section 26-1-9.1-616 - Explanation of calculation of surplus or deficiency
Section 26-1-9.1-617 - Rights of transferee of collateral
Section 26-1-9.1-618 - Rights and duties of certain secondary obligors
Section 26-1-9.1-619 - Transfer of record or legal title to collateral
Section 26-1-9.1-620 - Acceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral
Section 26-1-9.1-621 - Acceptance of collateral in full or partial satisfaction of obligation; notification of proposal
Section 26-1-9.1-622 - Effect of acceptance of collateral
Section 26-1-9.1-623 - Right to redeem collateral
Section 26-1-9.1-624 - Debtor's or secondary obligor's waiver of rights regarding disposition or redemption of collateral
Section 26-1-9.1-625 - Remedies for secured party's failure to comply with chapter
Section 26-1-9.1-626 - Action in which deficiency or surplus is in issue
Section 26-1-9.1-627 - Determination of whether conduct was commercially reasonable
Section 26-1-9.1-628 - Nonliability and limitation on liability of secured party; exception for controllable accounts, controllable electronic records, and controllable payment intangibles
Section 26-1-9.1-701 - Effective date
Section 26-1-9.1-702 - Savings clause
Section 26-1-9.1-703 - Security interest perfected before effective date
Section 26-1-9.1-704 - Security interest unperfected before effective date
Section 26-1-9.1-705 - Effectiveness of action taken before effective date
Section 26-1-9.1-706 - Filing of initial financing statement; effectiveness of financing statement
Section 26-1-9.1-707 - Pre-effective-date financing statement
Section 26-1-9.1-708 - Persons entitled to file initial financing statement or continuation statement
Section 26-1-9.1-709 - Priority
Section 26-1-9.1-801 - Transactions or liens entered into or created before July 1, 2013
Section 26-1-9.1-802 - Security interest perfected before July 1, 2013
Section 26-1-9.1-803 - Security interest unperfected before July 1, 2013
Section 26-1-9.1-804 - Effectiveness of action taken before July 1, 2013
Section 26-1-9.1-805 - When initial financing statement suffices to continue effectiveness of financing statement
Section 26-1-9.1-806 - Amendment of financing statement filed before July 1, 2013
Section 26-1-9.1-807 - Person entitled to file initial financing statement or continuation statement
Section 26-1-9.1-808 - Priority
Section 26-1-9.1-901 - Refusal to accept financing statements; fraudulent financing statements; no duty to inspect financing statements
Section 26-1-9.1-902 - Judicial reviews of financing statements; pro se motions