Current through Register Vol. 49, No. 8, August 19, 2024
Section 336.9-310 - 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) and section 336.9-312(b), 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 section 336.9-308(d), (e), (f), or (g);(2) that is perfected under section 336.9-309 when it attaches;(3) in property subject to a statute, regulation, or treaty described in section 336.9-311(a);(4) in goods in possession of a bailee which is perfected under section 336.9-312(d)(1) or (2);(5) in certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under section 336.9-312(e), (f), or (g);(6) in collateral in the secured party's possession under section 336.9-313;(7) in a certificated security which is perfected by delivery of the security certificate to the secured party under section 336.9-313;(8) in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property, or letter of credit rights which is perfected by control under section 336.9-314;(8.1) in chattel paper which is perfected by possession and control under section 336.9-314A;(9) in proceeds which is perfected under section 336.9-315; or(10) that is perfected under section 336.9-316.(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.2000 c 399 art 1 s 30; 2004 c 162 art 5 s 23
Amended by 2024 Minn. Laws, ch. 93,s 9-18, eff. 8/1/2024.