Del. C. » Title 6 — SUBTITLE I · Commerce and Trade · Part 5
Delaware Code

6 Del. C. § 9-504 (2026)

Indication of collateral

✓ current as of May 2026
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A financing statement sufficiently indicates the collateral that it covers if the financing statement provides:

(1) a description of the collateral pursuant to Section 9-108; or

(2) an indication that the financing statement covers all assets or all personal property.

72 Del. Laws, c. 401, §  1; 
Notes of Decisions
Cited in 5 cases, 1976–2014 · leading case: Assocs. Fin. Servs. Co., Inc. v. DiMarco, 383 A.2d 296 (Del. Super. Ct. 1978).
Sort: Relevance Newest Treatment
Assocs. Fin. Servs. Co., Inc. v. DiMarco, 383 A.2d 296 (Del. Super. Ct. 1978). · cites it 7× “6 Del.C. § 9-504(2) permits the creditor to sell the secured goods and look to the debtor for any deficiency.”
Rushton v. Shea, 423 F. Supp. 468 (D. Del. 1976). · cites it 3× “6 Del.C. § 9-504(1). But, if he wishes to sell the collateral, he may do so only after reasonable notification to the “debtor”.”
Friendly Fin. Corp. v. Bovee, 702 A.2d 1225 (Del. 1997). · cites it 5× “Upon default, 6 Del.C. § 9-504 (UCC) allows a secured creditor to repossess and sell the debtor’s collateral and seek any deficiency.”
Rushton v. Shea, 419 F. Supp. 1349 (D. Del. 1976). · cites it 2× “6 Del.C. §§ 9-504, 9-505. But DIC availed itself of neither of these remedies.”
Seitz v. Repub. First Bank (In re Gem Refrigerator Co.), 512 B.R. 194 (Bankr. E.D. Pa. 2014). “6 Del. C. § 9-504. A description of investment property collateral is sufficient if the financing statements describes the collateral “as investment property.”
— 6 Del. C. § 9-504(1) — 1 case
Rushton v. Shea, 423 F. Supp. 468 (D. Del. 1976). “6 Del.C. § 9-504(1). But, if he wishes to sell the collateral, he may do so only after reasonable notification to the “debtor”.”
— 6 Del. C. § 9-504(2) — 1 case
Assocs. Fin. Servs. Co., Inc. v. DiMarco, 383 A.2d 296 (Del. Super. Ct. 1978). “6 Del.C. § 9-504(2) permits the creditor to sell the secured goods and look to the debtor for any deficiency.”
— 6 Del. C. § 9-504(3) — 4 cases
Assocs. Fin. Servs. Co., Inc. v. DiMarco, 383 A.2d 296 (Del. Super. Ct. 1978). “6 Del.C. § 9-504(2) permits the creditor to sell the secured goods and look to the debtor for any deficiency.”
Rushton v. Shea, 423 F. Supp. 468 (D. Del. 1976). “6 Del.C. § 9-504(1). But, if he wishes to sell the collateral, he may do so only after reasonable notification to the “debtor”.”
Friendly Fin. Corp. v. Bovee, 702 A.2d 1225 (Del. 1997). “Upon default, 6 Del.C. § 9-504 (UCC) allows a secured creditor to repossess and sell the debtor’s collateral and seek any deficiency.”
Rushton v. Shea, 419 F. Supp. 1349 (D. Del. 1976). “6 Del.C. §§ 9-504, 9-505. But DIC availed itself of neither of these remedies.”
— 6 Del. C. § 9-504(8) — 1 case
Friendly Fin. Corp. v. Bovee, 702 A.2d 1225 (Del. 1997). “Upon default, 6 Del.C. § 9-504 (UCC) allows a secured creditor to repossess and sell the debtor’s collateral and seek any deficiency.”
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