13 Pa. C.S. § 9310

Current through P.A. Acts 2023-66
Section 9310 - When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply
(a) General rule: perfection by filing.--Except as otherwise provided in subsection (b) and section 9312(b) (relating to control or possession of certain collateral), a financing statement must be filed to perfect all security interests and agricultural liens.
(b) Exceptions: filing not necessary.--The filing of a financing statement is not necessary to perfect a security interest:
(1) which is perfected under section:
(i) 9308(d) (relating to supporting obligation);
(ii) 9308(e) (relating to lien securing right to payment);
(iii) 9308(f) (relating to security entitlement carried in securities account); or
(iv) 9308(g) (relating to commodity contract carried in commodity account);
(2) which is perfected under section 9309 (relating to security interest perfected upon attachment) when it attaches;
(3) in property subject to a statute, regulation or treaty described in section 9311(a) (relating to perfection of security interests in property subject to certain statutes, regulations and treaties);
(4) in goods in possession of a bailee which is perfected under section 9312(d)(1) or (2) (relating to goods covered by nonnegotiable document);
(5) in certificated securities, documents, goods or instruments which is perfected without filing, control or possession under section:
(i) 9312(e) (relating to temporary perfection: new value);
(ii) 9312(f) (relating to temporary perfection: goods or documents made available to debtor); or
(iii) 9312(g) (relating to temporary perfection: delivery of security certificate or instrument to debtor);
(6) in collateral in the secured party's possession under section 9313 (relating to when possession by or delivery to secured party perfects security interest without filing);
(7) in a certificated security which is perfected by delivery of the security certificate to the secured party under section 9313;
(8) in deposit accounts, electronic chattel paper, electronic documents, investment property or letter-of-credit rights which is perfected by control under section 9314 (relating to perfection by control);
(9) in proceeds which is perfected under section 9315 (relating to secured party's rights on disposition of collateral and in proceeds); or
(10) which is perfected under section 9316 (relating to effect of change in governing law).
(c) Assignment of perfected security interest.--If a secured party assigns a perfected security interest or agricultural lien, a filing under this division is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.

13 Pa.C.S. § 9310

Amended by P.L. 154 2013 No. 30, § 2, eff. 7/1/2013.
2001, June 8, P.L. 123, No. 18, § 16, effective July 1, 2001. Amended 2008, April 16, P.L. 57, No. 13, § 21, effective in 60 days [June 16, 2008].