1. (a) Except as otherwise provided in subsection (b) and Section 36-9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.

2. (b) The filing of a financing statement is not necessary to perfect a security interest:

   1. (1) that is perfected under Section 36-9-308(d), (e), (f), or (g);
   2. (2) that is perfected under Section 36-9-309 when it attaches;
   3. (3) in property subject to a statute, regulation, or treaty described in Section 36-9-311(a);
   4. (4) in goods in possession of a bailee which is perfected under Section 36-9-312(d)(1) or (2);
   5. (5) in certificated securities, documents, goods, or instruments which are perfected without filing, control, or possession under Section 36-9-312(e), (f), or (g);
   6. (6) in collateral in the secured party's possession under Section 36-9-313;
   7. (7) in a certificated security which is perfected by delivery of the security certificate to the secured party under Section 36-9-313;
   8. (8) in deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights which is perfected by control under Section 36-9-314;
   9. (9) in proceeds which is perfected under Section 36-9-315; or
   10. (10) that is perfected under Section 36-9-316.
3. (c) 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.

HISTORY: 1962 Code Section 10.9-310; 1966 (54) 2716; 1988 Act No. 494, Section 5; 2001 Act No; 67, Section 12; 2014 Act No. 213 (S.343), Section 39, eff October 1, 2014. "Agricultural lien" Section 36-9-102(a)(5) "Certificated securities" Section 26-8-102(a)(4) "Collateral" Section 36-9-102(a)(12) "Deposit account" Section 36-9-102(a)(29) "Document" Section 36-9-102(a)(30) "Electronic chattel paper" Section 36-9-102(a)(31) "Financing statement" Section 36-9-102(a)(39) "Goods" Section 36-9-102(a)(44) "Investment" Section 36-9-102(a)(47) "Investment property" Section 36-9-102(a)(49) "Letter-of-credit right" Section 36-9-102(a)(51) "Proceeds" Section 36-9-102(a)(64) "Security interest" Section 36-1-201(37) [see now Section 36-1-203]