(810 ILCS 5/9-202)
(from Ch. 26, par. 9-202)
Title to collateral immaterial.
Except as otherwise provided
respect to consignments or sales of accounts, chattel paper, payment
promissory notes, the provisions of this Article with regard to rights and
apply whether title to collateral is in the secured party or the debtor.
(Source: P.A. 91-893, eff. 7-1-01.)