Borg-Warner Acceptance Corp v. Twelves (In Re Utah Agricorp Inc.)

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that “there is no legal basis for the tolling of the Section 9-103 grace period.”
• secured party may perfect within four month grace period by filing a financing statement or by possession of goods under U.C.C. § 9-305
• Section 9403(b) does not eliminate the filing requirements of Section 9103 when collateral is removed to a new jurisdiction and the secured party fails to file there within four months.
• obligation to perfect security interest under U.C.C. § 9-103(l)(d

Source: CourtListener parenthetical corpus (CC0).