Maine Revised Statutes

Me. Rev. Stat. tit. 11, § 9-105 (2026)

Definitions and index of definitions

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1965, c. 306, §21 (AMD). PL 1977, c. 526, §§13-24 (AMD). PL 1977, c. 696, §§123-125 (AMD). PL 1987, c. 625, §7 (AMD). PL 1997, c. 429, §§C11-14 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
Notes of Decisions
Cited in 4 cases, 1992–1994 · leading case: In Re Dorsey, 155 B.R. 263 (Bankr. D. Me. 1993).
In Re Dorsey, 155 B.R. 263 (Bankr. D. Me. 1993). · cites it 3× “11 M.R.S.A. § 9-105(1)(e). And Article 9 does not govern "the transfer of any interest in any deposit account .”
Ford Motor Credit Co. v. Thompson Mach., Inc., 649 A.2d 19 (Me. 1994). · cites it 2× “11 M.R.S.A. § 9-105(1)(d) (Supp.1993). We agree with the majority of jurisdictions that have held that guarantors are “debtors” covered by this definition on the strength of the broad language “the person who owes payment or other performance of the obligation secured.”
FDIC v. Caliendo, 802 F. Supp. 575 (D.N.H. 1992). “a security (defined in section 8-102) or any other writing which evidences a right to the payment of money and is not itself a security agreement or lease and is of a type which is in ordinary course of business transferred by delivery with any necessary indorsement or…”
First Nat'l Bank of Bar Harbor v. United States, Dep't of Agric., Farmers Home Admin. (In re Dorsey), 155 B.R. 263 (Bankr. D. Me. 1993). · cites it 2× “11 M.R.S.A. § 9-105(1)(e). And Article 9 does not govern “the transfer of any interest in any deposit account .”
— Me. Rev. Stat. tit. 11, § 9-105(1)(d) — 1 case
Ford Motor Credit Co. v. Thompson Mach., Inc., 649 A.2d 19 (Me. 1994). “11 M.R.S.A. § 9-105(1)(d) (Supp.1993). We agree with the majority of jurisdictions that have held that guarantors are “debtors” covered by this definition on the strength of the broad language “the person who owes payment or other performance of the obligation secured.”
— Me. Rev. Stat. tit. 11, § 9-105(1)(e) — 2 cases
In Re Dorsey, 155 B.R. 263 (Bankr. D. Me. 1993). “11 M.R.S.A. § 9-105(1)(e). And Article 9 does not govern "the transfer of any interest in any deposit account .”
First Nat'l Bank of Bar Harbor v. United States, Dep't of Agric., Farmers Home Admin. (In re Dorsey), 155 B.R. 263 (Bankr. D. Me. 1993). “11 M.R.S.A. § 9-105(1)(e). And Article 9 does not govern “the transfer of any interest in any deposit account .”
— Me. Rev. Stat. tit. 11, § 9-105(1)(i) — 2 cases
In Re Dorsey, 155 B.R. 263 (Bankr. D. Me. 1993). “11 M.R.S.A. § 9-105(1)(e). And Article 9 does not govern "the transfer of any interest in any deposit account .”
First Nat'l Bank of Bar Harbor v. United States, Dep't of Agric., Farmers Home Admin. (In re Dorsey), 155 B.R. 263 (Bankr. D. Me. 1993). “11 M.R.S.A. § 9-105(1)(e). And Article 9 does not govern “the transfer of any interest in any deposit account .”
— Me. Rev. Stat. tit. 11, § 9-105(g) — 1 case
FDIC v. Caliendo, 802 F. Supp. 575 (D.N.H. 1992). “a security (defined in section 8-102) or any other writing which evidences a right to the payment of money and is not itself a security agreement or lease and is of a type which is in ordinary course of business transferred by delivery with any necessary indorsement or…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.