Title 11, Chapter 9, Section 201
General effectiveness of security agreement.
(a) General effectiveness. Except as otherwise provided in this
title, a security agreement is effective according to its terms
between the parties, against purchasers of the collateral, and
(b) Applicable consumer laws and other law. A transaction subject
to this article is subject to any applicable rule of law which
establishes a different rule for consumers and is subject to Chapter
3 of Title 7; Chapter 4 of Title 7; and Article 1 of Chapter 1 of
(c) Other applicable law controls. In case of conflict between this
article and a rule of law, statute, or regulation described in
subsection (b) of this Code section, the rule of law, statute, or
regulation controls. Failure to comply with a statute or regulation
described in subsection (b) of this Code section has only the effect
the statute or regulation specifies.
(d) Further deference to other applicable law. This article does
(1) Validate any rate, charge, agreement, or practice that
violates a rule of law, statute, or regulation described in
subsection (b) of this Code section; or
(2) Extend the application of the rule of law, statute, or
regulation to a transaction not otherwise subject to it.