Perfection and Priority
Cal. COM § 9310
California Statutes
(
a) Except as otherwise provided in subdivision (
b) and in subdivision (
b) of
Section 9312, a financing statement must be filed to perfect all security interests and agricultural liens. (
b) The filing of a financing statement is not necessary to perfect a security interest that satisfies any of the following conditions:
(1) It is perfected under subdivision (d), (e), (f), or (
g) of
Section 9308.
(2) It is perfected under
Section when it attaches.
(3) It is a security interest in property subject to a statute, regulation, or treaty described in subdivision (
a) of
Section 9311.
(4) It is a security interest in goods in possession of a bailee which is perfected under paragraph (1) or (2) of subdivision (
d) of
Section 9312.
(5) It is a security interest in certificated securities, documents, goods, or instruments which is perfected without filing, control, or possession under subdivision (e), (f), or (
g) of
Section 9312.
(6) It is a security interest in collateral in the secured party’s possession under
Section 9313.
(7) It is a security interest in a certificated security which is perfected by delivery of the security certificate to the secured party under
Section 9313.
(8) It is a security interest in controllable accounts, controllable electronic records, controllable payment intangibles, deposit accounts, electronic documents, investment property, or letter-of-credit rights which is perfected by control under
Section 9314.
(9) It is a security interest in proceeds which is perfected under
Section 9315.
(10) It is perfected under
Section 9316.
(11) It is a security interest in, or claim in or under, any policy of insurance including unearned premiums which is perfected by written notice to the insurer under paragraph (4) of subdivision (
b) of
Section 9312.
(12) It is a security interest in chattel paper which is perfected by possession and control under
Section 9314.1. (
c) If a secured party assigns a perfected security interest or agricultural lien, a filing under this division is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.