New York Laws
Sub Part 3 - Priority
9-335 - Accessions

(a) Creation of security interest in accession. A security interest
may be created in an accession and continues in collateral that becomes
an accession.
(b) Perfection of security interest. If a security interest is
perfected when the collateral becomes an accession, the security
interest remains perfected in the collateral.
(c) Priority of security interest. Except as otherwise provided in
subsection (d), the other provisions of this part determine the priority
of a security interest in an accession.
(d) Compliance with certificate-of-title statute. A security interest
in an accession is subordinate to a security interest in the whole which
is perfected by compliance with the requirements of a
certificate-of-title statute under Section 9--311 (b).
(e) Removal of accession after default. After default, subject to Part
6, a secured party may remove an accession from other goods if the
security interest in the accession has priority over the claims of every
person having an interest in the whole.
(f) Reimbursement following removal. A secured party that removes an
accession from other goods under subsection (e) shall promptly reimburse
any holder of a security interest or other lien on, or owner of, the
whole or of the other goods, other than the debtor, for the cost of
repair of any physical injury to the whole or the other goods. The
secured party need not reimburse the holder or owner for any diminution
in value of the whole or the other goods caused by the absence of the
accession removed or by any necessity for replacing it. A person
entitled to reimbursement may refuse permission to remove until the
secured party gives adequate assurance for the performance of the
obligation to reimburse.