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Can you summarize Com Code CACL Division 9?
Commercial Code > SECURED TRANSACTIONS [9101. - 9907.]
Short Summary
The provided legal document content covers various aspects of secured transactions under the California Commercial Code. It governs the creation, attachment, and perfection of security interests in personal property or fixtures, as well as the rights and obligations of parties involved in secured transactions. The documents also provide guidelines for filing financing statements and determining the sufficiency of debtor’s names on such statements. They apply to secured parties, debtors, obligors, lienholders, account debtors, and other obligated persons. Specific exemptions are provided in certain sections of the California Commercial Code. However, no specific penalties for non-compliance or violation of the provisions are mentioned in these documents.
Whom does it apply to?
Secured parties, debtors, obligors, secondary obligors, lienholders, account debtors, and other obligated persons involved in secured transactions under the California Commercial Code
What does it govern?
Secured transactions, creation of security interests, attachment and perfection of security interests, rights and obligations of parties in secured transactions, filing requirements for financing statements
What are exemptions?
Specific exemptions are provided in certain sections of the California Commercial Code
What are the Penalties?
No specific penalties for non-compliance or violation of the provisions are mentioned in these documents
Jurisdiction
California