Sec. 1-1a. Terms relating to security in personal property.
Sec. 1-1a. Terms relating to security in personal property. Unless the context of any statute requires a different interpretation, all words and terms appearing in any statute and relating to security in personal property shall be construed to mean their counterparts in section 42a-1-201 and chapter 748. In particular “chattel mortgage”, “conditional sale contract” or “lien” on personal property, except a lien of the type to which chapter 748 does not apply under subdivision (2) of subsection (d) of section 42a-9-109, shall be construed to mean “security interest”; “mortgagor” and “conditional vendee” shall be construed to mean “debtor”; “mortgagee” and “conditional vendor” shall be construed to mean “secured party”.
(1959, P.A. 574, S. 9; P.A. 01-132, S. 152; P.A. 05-109, S. 40; P.A. 25-145, S. 102.)
History: P.A. 01-132 replaced reference to Sec. 42a-9-104(c) with Sec. 42a-9-109(d)(2); P.A. 05-109 replaced reference to Sec. 42a-1-201(37) with reference to Sec. 42a-1-201(b)(35); P.A. 25-145 deleted reference to “subdivision (35) of subsection (b)” of Sec. 42a-1-201, effective January 1, 2026.
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