California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 2 — Special Relations of Debtor and Creditor, Title 2 — Void and Voidable Transfers and Undertakings, Chapter 2 — Conveyance of Personal Property Without Delivery, Section 3440.2

Subject to Section 3440.3, a transfer of personal property shall not be void under Section 3440 as against a creditor of the transferor or as against a buyer from the transferor, if the creditor’s or buyer’s claim or right against the transferor arises after the date all of the requirements of subdivision (h) of Section 3440.1 have been met, other than the requirement that filing of the financing statement and publication of the notice referred to therein be completed prior to the transfer.

Notes

Exempts a personal-property transfer from being void under the referenced possession rule against a creditor or buyer whose claim or right arises after the date the specified filing-related requirements are met, subject to the separate referenced limitation. The protection can apply even though filing the financing statement and publishing notice were not completed before the transfer itself.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 3440.2 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-2/title-2/chapter-2/section-3440-2

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