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§12A-9-204.
§12A-9-204.
After-Acquired Property; Future Advances. -
(1) Except as provided in subsection (2) of this section a security
agreement may provide that any or all obligations covered by the
security agreement are to be secured by after-acquired collateral.
(2) No security interest attaches under an after-acquired property
clause to consumer goods other than accessions (Section 9-314) when
given as additional security unless the debtor acquires rights in them
within ten (10) days after the secured party gives value.
(3) Obligations covered by a security agreement may include future
advances or other value whether or not the advances or value are given
pursuant to commitment (subsection (1) of Section 9-105).
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