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Illinois Compiled Statutes

810 ILCS 5/9-302 (2026)

Law governing perfection and priority of agricultural liens

✓ current as of May 2026
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(810 ILCS 5/9-302) (from Ch. 26, par. 9-302)
    Sec. 9-302. Law governing perfection and priority of agricultural liens. While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products.
(Source: P.A. 90-665, eff. 7-30-98; 91-893, eff. 7-1-01.)

    
Notes of Decisions
Cited in 3 cases, 1995–1999 · leading case: Christine Adams, on Behalf of Herself & All Others Similarly Situated v. Plaza Fin. Co., Inc., 168 F.3d 932 (7th Cir. 1999).
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Christine Adams, on Behalf of Herself & All Others Similarly Situated v. Plaza Fin. Co., Inc., 168 F.3d 932 (7th Cir. 1999). · cites it 2× “, UCC 9-103, 9-401, 9-403(2), it is easy for a lender to make a mistake, such as filing in the wrong place or failing to renew the filing statement after its expiration; and lenders sometimes insure themselves against the consequences of such a mistake by buying nonfiling…”
Capitol Indem. Corp. v. United States of Am., Defendant-Third Party v. Mt. Vernon Twp. High Sch. Dist. 201, Third Party, 41 F.3d 320 (3rd Cir. 1995). “See 810 ILCS 5/9-302 (Illinois law requires sureties to file financing statement in appropriate office in order to perfect claim).”
First Nat'l Bank in Staunton v. Superior Equip., Inc. (In Re Superior Equip., Inc.), 195 B.R. 77 (Bankr. C.D. Ill. 1996). “810 ILCS 5/9-302 and 9-303. The Bank argues that its security interest attached because the Bank has a written security agreement signed by the Debtor which describes inventory as being part of the security granted to the Bank, the Bank gave value (a loan) to the Debtor, and the…”
— 810 ILCS 5/9-302(1)(d) — 1 case
Christine Adams, on Behalf of Herself & All Others Similarly Situated v. Plaza Fin. Co., Inc., 168 F.3d 932 (7th Cir. 1999). “, UCC 9-103, 9-401, 9-403(2), it is easy for a lender to make a mistake, such as filing in the wrong place or failing to renew the filing statement after its expiration; and lenders sometimes insure themselves against the consequences of such a mistake by buying nonfiling…”
— 810 ILCS 5/9-302(l)(d) — 1 case
Christine Adams, on Behalf of Herself & All Others Similarly Situated v. Plaza Fin. Co., Inc., 168 F.3d 932 (7th Cir. 1999). “, UCC 9-103, 9-401, 9-403(2), it is easy for a lender to make a mistake, such as filing in the wrong place or failing to renew the filing statement after its expiration; and lenders sometimes insure themselves against the consequences of such a mistake by buying nonfiling…”
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