HRS §490:9-110
Security interests from buying or leasing goods
This section covers security interests that come from certain sales or lease rules. Until the buyer or lessee gets the goods, the interest is valid without extra steps, no filing is needed, and it beats other claims. After default, the original sales or lease rules apply.
buyerssurveyors
The statute, as written — Security interests arising under article 2 or 2A
A security interest arising under section 490:2-401, 490:2-505, 490:2-711(3), or 490:2A-508(e) is subject to this article. However, until the debtor obtains possession of the goods: (1) The security interest is enforceable, even if section 490:9-203(b)(3) has not been satisfied; (2) Filing is not required to perfect the security interest; (3) The rights of the secured party after default by the debtor are governed by article 2 or 2A; and (4) The security interest has priority over a conflicting security interest created by the debtor.
Sections this one refers to
§490:2-401 When ownership of goods passes from seller to buyer
§490:9-203 When a security interest becomes valid and attached
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