This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, outlines the rights of secured parties and agricultural lienholders regarding the disposition of collateral and the proceeds derived from it. It states that a security interest or agricultural lien continues in collateral even after its sale, lease, license, exchange, or other disposition, unless the secured party authorized the disposition without the security interest or agricultural lien.

This legal document governs the effect of a change in governing law on the perfection of security interests. It applies to creditors and debtors involved in security interests. The document outlines the rules for the continuation of perfection of security interests in various scenarios, such as a change in the debtor’s location, transfer of collateral to another jurisdiction, possessory security interests in collateral moved to a new jurisdiction, goods covered by a certificate of title, and change in jurisdiction of specific types of collateral.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, outlines the priority of interests over security interests or agricultural liens. It states that a security interest or agricultural lien is subordinate to the rights of a person entitled to priority under Section 9-322 and a person that becomes a lien creditor before the security interest or agricultural lien is perfected or certain conditions are met.

(a) Seller retains no interest. A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold. (b) Deemed rights of debtor if buyer’s security interest unperfected. For purposes of determining the rights of creditors of, and purchasers for value of an account or chattel paper from, a debtor that has sold an account or chattel paper, while the buyer’s security interest is unperfected, the debtor is deemed to have rights and title to the account or chattel paper identical to those the debtor sold.

(a) Consignee has consignor’s rights. Except as otherwise provided in subsection (b), for purposes of determining the rights of creditors of, and purchasers for value of goods from, a consignee, while the goods are in the possession of the consignee, the consignee is deemed to have rights and title to the goods identical to those the consignor had or had power to transfer. (b) Applicability of other law. For purposes of determining the rights of a creditor of a consignee, law other than this article determines the rights and title of a consignee while goods are in the consignee’s possession if, under this part, a perfected security interest held by the consignor would have priority over the rights of the creditor.

This legal document, part of the New Hampshire Revised Statutes, specifically the Uniform Commercial Code, governs the rights and obligations of buyers of goods. It outlines the circumstances under which a buyer in ordinary course of business or a buyer of consumer goods can take ownership of the goods free of any security interest created by the seller, even if the security interest is perfected and the buyer is aware of its existence.

This section of the New Hampshire Revised Statutes, specifically the Uniform Commercial Code (Chapter 382-A), governs the rights and obligations of licensees of general intangibles and lessees of goods in the ordinary course of business. A ’licensee in ordinary course of business’ refers to a person who becomes a licensee of a general intangible in good faith, without knowledge that the license violates the rights of another person in the general intangible, and in the ordinary course from a person in the business of licensing general intangibles of that kind.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, establishes the rules for determining priority among conflicting security interests and agricultural liens in the same collateral. The general priority rules state that conflicting perfected security interests and agricultural liens rank according to the time of filing or perfection. A perfected security interest or agricultural lien takes priority over a conflicting unperfected security interest or agricultural lien.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, governs the priority of perfected security interests and the rights of various parties. It applies to secured parties, lien creditors, buyers of receivables, buyers of goods, and lessees of goods. The document establishes rules for determining the priority of a perfected security interest based on the time of advance. It also addresses the subordination of a security interest to the rights of a lien creditor, the rights of buyers of goods and lessees of goods, and the priority of advances made pursuant to commitments.

This legal document, part of the New Hampshire Revised Statutes under the Uniform Commercial Code, governs the priority of purchase-money security interests. It establishes that a perfected purchase-money security interest in goods, other than inventory or livestock, has priority over conflicting security interests in the same goods. The same priority applies to identifiable proceeds of the collateral. For inventory, a perfected purchase-money security interest has priority over conflicting security interests in the same inventory, chattel paper, instruments constituting proceeds of the inventory, and identifiable cash proceeds received before the delivery of the inventory to a buyer.