Maine Revised Statutes

Me. Rev. Stat. tit. 11, § 9-315 (2026)

Priority when goods are commingled or processed

✓ current as of May 2026
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(REPEALED)
SECTION HISTORY
PL 1999, c. 699, §A1 (RP). PL 1999, c. 699, §A4 (AFF).
Notes of Decisions
Cited in 2 cases, 1984–1993 · leading case: Casco N. Bank, N.A. v. Green Corp. (In Re Green Corp.), 154 B.R. 819 (Bankr. D. Me. 1993).
Casco N. Bank, N.A. v. Green Corp. (In Re Green Corp.), 154 B.R. 819 (Bankr. D. Me. 1993). “11 M.R.S.A. § 9-315. 17 c. Wrapping Up. In view of § 552(b)’s injunction to give postpetition effect to a security interest only in the “proceeds, products, offspring, rents or profits” of prepetition collateral in accordance with applicable nonbankruptcy law and the content of…”
Argus Mgmt. Corp. v. Pillsbury Co. (In Re Hillcrest Foods, Inc.), 40 B.R. 360 (Bankr. D. Me. 1984). “at 67 , and the Court will leave for future determination issues such as tracing, the application (if any) of Me.Rev.Stat.Ann. tit. 11, § 9-315, etc. 4 .”
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