Section 2 Creation and Scope of Security Interests

• Library: Secured Transactions 2005

Article 9, Uniform Commercial Code—Secured Transactions, §§ 400.9-101 et seq., RSMo Supp. 2004, as amended effective July 1, 2001, reaches all aspects of security interests in personal property. Section 400.9-109, RSMo Supp. 2004. There are special rules in Article 9 for the perfection and priority of security interests in property covered by certificates of title. Sections 400.9-303 and 400.9-311(a), RSMo Supp. 2004. Except for perfection, and the duration and renewal of the security interest, Article 9 states that all aspects of a security interest in motor vehicles are governed by...