Sec. 9310.
(1) Except as otherwise provided in subsection (2) and section 9312(2), a financing statement must be filed to perfect all security interests and agricultural liens.
(2) The filing of a financing statement is not necessary to perfect 1 or more of the following:
(a) A security interest that is perfected under section 9308(4), (5), (6), or (7).
(b) A security interest that is perfected under section 9309 when it attaches.
(c) A security interest in property subject to a statute, regulation, or treaty described in section 9311(1).
(d) A security interest in goods in possession of a bailee that is perfected under section 9312(4)(a) or (b).
(e) A security interest in certificated securities, documents, goods, or instruments that is perfected without filing, control, or possession under section 9312(5), (6), or (7).
(f) A security interest in collateral in the secured party's possession under section 9313.
(g) A security interest in a certificated security that is perfected by delivery of the security certificate to the secured party under section 9313.
(h) A security interest in deposit accounts, electronic chattel paper, electronic documents, investment property, or letter-of-credit rights that is perfected by control under section 9314.
(i) A security interest in proceeds that is perfected under section 9315.
(j) A security interest that is perfected under section 9316.
(3) If a secured party assigns a perfected security interest or agricultural lien, a filing under this article is not required to continue the perfected status of the security interest against creditors of and transferees from the original debtor.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001 ;-- Am. 2012, Act 87, Eff. July 1, 2013
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 9 - Secured Transactions (440.9101...440.9994)
174-1962-9-3 - Part 3 Perfection and Priority (440.9301...440.9342)
174-1962-9-3-2. - Subpart 2. Perfection (440.9308...440.9316)
Section 440.9309 - Security Interest Perfected Upon Attachment.
Section 440.9314 - Perfection by Control.
Section 440.9315 - Secured Party's Rights on Disposition of Collateral and in Proceeds.
Section 440.9316 - Continued Perfection of Security Interest Following Change in Governing Law.