With regard to future goods:

Question

Quizplus · Accepted Answer

According to the Uniform Commercial Code (UCC), a security interest in future goods can exist but it does not attach until the debtor has acquired rights in those goods. Until that point, any security interest claimed in the goods is considered unperfected and can be defeated by a competing claim of interest. No financing statement or bank is necessary for a security interest in future goods, but the interest is only recognized once the debtor has acquired rights to the goods.

With Regard to Future Goods