Maine Revised Statutes

Me. Rev. Stat. tit. 11, § 9-304 (2026)

Perfection of security interest in instruments, documents, proceeds of a written letter of credit and goods covered by documents; perfection by permissive filing; temporary perfection without filing or transfer of possession

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1977, c. 526, §§42,43 (AMD). PL 1987, c. 625, §§10-12 (AMD). PL 1997, c. 429, §C25 (AMD). PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
Notes of Decisions
Cited in 2 cases, 1985–1990 · leading case: A-I Credit Corp. v. Big Squaw Mountain Corp. (In Re Big Squaw Mountain Corp.), 122 B.R. 831 (Bankr. D. Me. 1990).
A-I Credit Corp. v. Big Squaw Mountain Corp. (In Re Big Squaw Mountain Corp.), 122 B.R. 831 (Bankr. D. Me. 1990). “Certainly, were we considering an attempted transfer for security of a negotiable instrument by a separate writing, unaccompanied by delivery of the instrument itself, the opportunity for mischief would exist, and the transfer would not be effective against third parties.”
Norton v. Associated Grocers of Maine, Inc. (In Re Peabody), 51 B.R. 157 (Bankr. D. Me. 1985). “Me.Rev.Stat.Ann. tit. 11 § 9-304(1) provides in pertinent part: “A security interest in money .”
— Me. Rev. Stat. tit. 11, § 9-304(1) — 2 cases
A-I Credit Corp. v. Big Squaw Mountain Corp. (In Re Big Squaw Mountain Corp.), 122 B.R. 831 (Bankr. D. Me. 1990). “Certainly, were we considering an attempted transfer for security of a negotiable instrument by a separate writing, unaccompanied by delivery of the instrument itself, the opportunity for mischief would exist, and the transfer would not be effective against third parties.”
Norton v. Associated Grocers of Maine, Inc. (In Re Peabody), 51 B.R. 157 (Bankr. D. Me. 1985). “Me.Rev.Stat.Ann. tit. 11 § 9-304(1) provides in pertinent part: “A security interest in money .”
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