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- Alaska Statutes.
- Title 45. Trade and Commerce
- Chapter 29. Secured Transactions
- Section 308. When Security Interest or Agricultural Lien is Perfected; Continuity of Perfection.
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Section 307. Location of Debtor.
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Section 309. Security Interest Perfected Upon Attachment.
AS 45.29.308. When Security Interest or Agricultural Lien is Perfected; Continuity of Perfection.
- (a) Except as otherwise provided in this section and AS 45.29.309
, a security interest is perfected if it has attached and all of the applicable requirements for perfection in AS 45.29.310
- 45.29.316 have been satisfied. A security interest
is perfected when it attaches if the applicable requirements are satisfied before the security interest attaches.
- (b) An agricultural lien is perfected if it has become effective and all of the applicable requirements for perfection in
AS 45.29.310
have been satisfied. An agricultural lien is perfected when it becomes effective if the applicable requirements are
satisfied before the agricultural lien becomes effective.
- (c) A security interest or agricultural lien is perfected continuously if it is originally perfected by one method under
this chapter and is later perfected by another method under this chapter, without an intermediate period when it was
unperfected.
- (d) Perfection of a security interest in collateral also perfects a security interest in a supporting obligation for the
collateral.
- (e) Perfection of a security interest in a right to payment or performance also perfects a security interest in a security
interest, mortgage, or other lien on personal or real property securing the right.
- (f) Perfection of a security interest in a securities account also perfects a security interest in the security
entitlements carried in the securities account.
- (g) Perfection of a security interest in a commodity account also perfects a security interest in the commodity contracts
carried in the commodity account.
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