Vermont § 331 - § 9—331.
Full text of Vermont Vermont Statutes Online § 331 — § 9—331., with citation guidance and answers to common questions.
§ 331. § 9—331.
- Priority of rights of purchasers of controllable accounts, controllable electronic
records, controllable payment intangibles, documents, instruments, and securities
under other Articles; priority of interests in financial assets and security entitlements
and protection against assertion of claim under Articles 8 and 12 (a) This article does not limit the rights of a holder in due course of a negotiable instrument,
a holder to which a negotiable document of title has been duly negotiated, a protected
purchaser of a security, or a qualifying purchaser of a controllable account, controllable
electronic record, or controllable payment intangible. These holders or purchasers
take priority over an earlier security interest, even if perfected, to the extent
provided in Articles 3, 7, 8, and 12 of this title. (b) This article does not limit the rights of or impose liability on a person to the extent
that the person is protected against the assertion of an adverse claim under Article
8 or 12 of this title. (c) Filing under this article does not constitute notice of a claim or defense to the
holders, or purchasers, or persons described in subsections (a) and (b) of this section. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001; amended 2025, No. 17, § 9, eff. July 1, 2025.)
Frequently Asked Questions About Vermont § 331
What does Vermont Statutes Online § 331 cover?
Section 331 ("§ 9—331.") is part of the Vermont Statutes Online, the codified statutory law of Vermont. 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 Vermont § 331?
A common citation format is "Vermont Statutes Online § 331" (Vermont). 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 Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 331 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont 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 Vermont.