California § 9314.1 - A secured party may perfect a security interest in chattel paper by taking posses
Full text of California Public Contract Code - PCC § 9314.1 — A secured party may perfect a security interest in chattel paper by taking posses, with citation guidance and answers to common questions.
§ 9314.1. A secured party may perfect a security interest in chattel paper by taking posses
(a) A secured party may perfect a security interest in chattel paper by taking possession of each authoritative tangible copy of the record evidencing the chattel paper and obtaining control of each authoritative electronic copy of the electronic record evidencing the chattel paper. (b) A security interest is perfected under subdivision (a) not earlier than the time the secured party takes possession and obtains control and remains perfected under subdivision (a) only while the secured party retains possession and control. (c) Subdivisions (c) and (f) to (i), inclusive, of Section 9313 apply to perfection by possession of an authoritative tangible copy of a record evidencing chattel paper.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 9314.1
What does Public Contract Code - PCC § 9314.1 cover?
Section 9314.1 ("A secured party may perfect a security interest in chattel paper by taking posses") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 9314.1?
A common citation format is "Public Contract Code - PCC § 9314.1" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 9314.1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.