Title 11, Chapter 9, Section 310
( 11-9-310)
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) of this Code section and subsection (b) of Code Section 11-9-312, 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) That is perfected under subsection (d), (e), (f), or (g) of Code Section 11-9-308; (2) That is perfected under Code Section 11-9-309 when it attaches; (3) In property subject to a statute, regulation, or treaty described in subsection (a) of Code Section 11-9-311; (4) In goods in possession of a bailee which is perfected under paragraph (1) or (2) of subsection (d) of Code Section 11-9-312; (5) In certificated securities, documents, goods, or instruments which is perfected without filing or possession under subsection (e), (f), or (g) of Code Section 11-9-312; (6) In collateral in the secured party's possession under Code Section 11-9-313; (7) In a certificated security which is perfected by delivery of the security certificate to the secured party under Code Section 11-9-313; (8) In deposit accounts, electronic chattel paper, investment property, or letter of credit rights which is perfected by control under Code Section 11-9-314; (9) In proceeds which is perfected under Code Section 11-9-315; or (10) That is perfected under Code Section 11-9-316. (c) Assignment of perfected security interest. 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. |