Question: How does a security interest apply to personal property that is not yet in the debtor's possession? After - acquired property: Creditor has security interest

How does a security interest apply to personal property that is not yet in the debtor's possession?

After

-

acquired property: Creditor has security interest in property acquired by debtor after security agreement made if clause to this effect included in agreement

Proceeds: Creditor automatically have rights to proceeds from sale of collateral for

10

days

How does a security interest apply to personal

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