New Jersey § 12a:9-335

§ 12a:9-335.

(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 12A: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.