Vermont § 335 - § 9—335.
Full text of Vermont Vermont Statutes Online § 335 — § 9—335., with citation guidance and answers to common questions.
§ 335. § 9—335.
- Accessions (a) A security interest may be created in an accession and continues in collateral that
becomes an accession. (b) If a security interest is perfected when the collateral becomes an accession, the
security interest remains perfected in the collateral. (c) Except as otherwise provided in subsection (d) of this section, the other provisions
of this part determine the priority of a security interest in an accession. (d) 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 subsection 9—311(b) of this title. (e) After default, subject to Part 6 of this article, 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) A secured party that removes an accession from other goods under subsection (e) of
this section shall promptly reimburse any encumbrancer 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 encumbrancer
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. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)
Frequently Asked Questions About Vermont § 335
What does Vermont Statutes Online § 335 cover?
Section 335 ("§ 9—335.") 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 § 335?
A common citation format is "Vermont Statutes Online § 335" (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 § 335 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.