Texas Statutes
Subchapter C. Perfection and Priority
Section 9.335. Accessions

Sec. 9.335. ACCESSIONS. (a) A security interest may be created in an accession and continues in collateral that becomes an accession.
(b) If a security interest is perfected when the collateral becomes an accession, the security interest remains perfected in the collateral.
(c) Except as otherwise provided in Subsection (d), the other provisions of this subchapter determine the priority of a security interest in an accession.
(d) A security interest in an accession is subordinate to a security interest in the whole that is perfected by compliance with the requirements of a certificate-of-title statute under Section 9.311(b).
(e) After default, subject to Subchapter F, 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) 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 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.
Added by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001.

Structure Texas Statutes

Texas Statutes

Business and Commerce Code

Title 1 - Uniform Commercial Code

Chapter 9 - Secured Transactions

Subchapter C. Perfection and Priority

Section 9.301. Law Governing Perfection and Priority of Security Interests

Section 9.302. Law Governing Perfection and Priority of Agricultural Liens

Section 9.303. Law Governing Perfection and Priority of Security Interests in Goods Covered by a Certificate of Title

Section 9.304. Law Governing Perfection and Priority of Security Interests in Deposit Accounts

Section 9.305. Law Governing Perfection and Priority of Security Interests in Investment Property

Section 9.306. Law Governing Perfection and Priority of Security Interests in Letter-of-Credit Rights

Section 9.307. Location of Debtor

Section 9.308. When Security Interest or Agricultural Lien Is Perfected; Continuity of Perfection

Section 9.309. Security Interest Perfected Upon Attachment

Section 9.310. When Filing Required to Perfect Security Interest or Agricultural Lien; Security Interests and Agricultural Liens to Which Filing Provisions Do Not Apply

Section 9.311. Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties

Section 9.312. Perfection of Security Interests in Chattel Paper, Deposit Accounts, Documents, and Goods Covered by Documents, Instruments, Investment Property, Virtual Currencies, Letter-of-Credit Rights, and Money; Perfection by Permissive Filing;...

Section 9.313. When Possession by or Delivery to Secured Party Perfects Security Interest Without Filing

Section 9.314. Perfection by Control

Section 9.315. Secured Party's Rights on Disposition of Collateral and in Proceeds

Section 9.316. Effect of Change in Governing Law

Section 9.317. Interests That Take Priority Over or Take Free of Security Interest or Agricultural Lien

Section 9.318. No Interest Retained in Right to Payment That Is Sold; Rights and Title of Seller of Account or Chattel Paper With Respect to Creditors and Purchasers

Section 9.319. Rights and Title of Consignee With Respect to Creditors and Purchasers

Section 9.320. Buyers of Goods

Section 9.321. Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business

Section 9.322. Priorities Among Conflicting Security Interests in and Agricultural Liens on Same Collateral

Section 9.323. Future Advances

Section 9.324. Priority of Purchase-Money Security Interests

Section 9.325. Priority of Security Interests in Transferred Collateral

Section 9.326. Priority of Security Interests Created by New Debtor

Section 9.327. Priority of Security Interests in Deposit Account

Section 9.328. Priority of Security Interests in Investment Property

Section 9.329. Priority of Security Interests in Letter-of-Credit Right

Section 9.330. Priority of Purchaser of Chattel Paper or Instrument

Section 9.331. Priority of Rights of Purchasers of Instruments, Documents, Securities, and Virtual Currencies Under Other Chapters; Priority of Interests in Financial Assets and Security Entitlements Under Chapter 8 and Virtual Currencies Under Chapt...

Section 9.332. Transfer of Money; Transfer of Funds From Deposit Account

Section 9.333. Priority of Certain Liens Arising by Operation of Law

Section 9.334. Priority of Security Interests in Fixtures and Crops

Section 9.335. Accessions

Section 9.336. Commingled Goods

Section 9.337. Priority of Security Interests in Goods Covered by Certificate of Title

Section 9.338. Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information

Section 9.339. Priority Subject to Subordination

Section 9.340. Effectiveness of Right of Recoupment or Set-Off Against Deposit Account

Section 9.341. Bank's Rights and Duties With Respect to Deposit Account

Section 9.342. Bank's Right to Refuse to Enter Into or Disclose Existence of Control Agreement