Accessions

Question 1

Accessions

Answer 1

Goods that are physically united in other goods in such a manner that the identity of the original goods is not lost

Question 2

Perfection of Accessions

Answer 2

First to file, PMSI rules apply

Question 3

Priority of Accessons

Answer 3

Regular rules apply
Special priority rule: A security interest in an accession is subordinate to a security interest in the whole which is perfected by compliance with the requirements of a certificate-of-title statute.

Question 4

Removal and Reimbursement for Physical Injury to the Whole

Answer 4

A secured party may remove an accession from other goods if the security
interest in the accession has priority over the claims of every person having
an interest in the whole. The secured party removing the accession is
responsible for the cost of repair of any physical injury to the whole or the
other goods. A person entitled to reimbursement may refuse permission to
remove until the secured party gives adequate assurance for the
performance of the obligation to reimburse.