Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

Illinois Compiled Statutes

 ILCS Listing   Public Acts  Search   Guide   Disclaimer

Information maintained by the Legislative Reference Bureau
Updating the database of the Illinois Compiled Statutes (ILCS) is an ongoing process. Recent laws may not yet be included in the ILCS database, but they are found on this site as Public Acts soon after they become law. For information concerning the relationship between statutes and Public Acts, refer to the Guide.

Because the statute database is maintained primarily for legislative drafting purposes, statutory changes are sometimes included in the statute database before they take effect. If the source note at the end of a Section of the statutes includes a Public Act that has not yet taken effect, the version of the law that is currently in effect may have already been removed from the database and you should refer to that Public Act to see the changes made to the current law.

810 ILCS 5/9-310

    (810 ILCS 5/9-310) (from Ch. 26, par. 9-310)
    Sec. 9-310. When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
    (a) General rule: perfection by filing. Except as otherwise provided in subsection (b) and Section 9-312(b), a financing statement must be filed to perfect all security interests and agricultural liens.
    (b) Exceptions: filing not necessary. The filing of a financing statement is not necessary to perfect a security interest:
        (1) that is perfected under Section 9-308(d), (e),
    
(f), or (g);
        (2) that is perfected under Section 9-309 when it
    
attaches;
        (3) in property subject to a statute, regulation, or
    
treaty described in Section 9-311(a);
        (4) in goods in possession of a bailee which is
    
perfected under Section 9-312(d)(1) or (2);
        (5) in certificated securities, documents, goods, or
    
instruments which is perfected without filing, control, or possession under Section 9-312(e), (f), or (g);
        (6) in collateral in the secured party's possession
    
under Section 9-313;
        (7) in a certificated security which is perfected by
    
delivery of the security certificate to the secured party under Section 9-313;
        (8) in deposit accounts, electronic chattel paper,
    
electronic documents, investment property, letter-of-credit rights, or beneficial interests in Illinois land trusts which is perfected by control under Section 9-314;
        (9) in proceeds which is perfected under Section
    
9-315; or
        (10) that is perfected under Section 9-316.
    (c) Assignment of perfected security interest. 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.
(Source: P.A. 95-895, eff. 1-1-09.)