(a) When security interest not invalid or fraudulent. A security interest is not invalid or fraudulent against creditors solely because:

1. (1) The debtor has the right or ability to:

   1. (A) Use, commingle or dispose of all or part of the collateral, including returned or repossessed goods;
   2. (B) Collect, compromise, enforce or otherwise deal with collateral;
   3. (C) Accept the return of collateral or make repossessions; or
   4. (D) Use, commingle or dispose of proceeds; or
2. (2) The secured party fails to require the debtor to account for proceeds or replace collateral.