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 is perfected without filing 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, 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.