A security interest in proceeds is not perfected unless it is specifically provided in the security agreement.

Name: A security interest in proceeds is not perfected unless it is specifically provided in the security agreement.
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Question

Quizplus · Accepted Answer

A security interest in proceeds is automatically perfected for a period if the original collateral was perfected, without the need for it to be specifically provided in the security agreement.

A Security Interest in Proceeds Is Not Perfected Unless It