Article 9-A: TRANSACTIONS HEADING: PL 1999, C. 699, PT. A, §2 (NEW)
Part 3: PERFECTION AND PRIORITY HEADING: PL 1999, C. 699, PT. A, §2 (NEW)
Subpart 2: PERFECTION HEADING: PL 1999, C. 699, PT. A, §2 (NEW)
§9-1309. Security interest perfected upon attachment
The following security interests are perfected when they attach: [1999, c. 699, Pt. A, §2 (NEW); 1999, c. 699, Pt. A, §4 (AFF).]
(1). A purchase-money security interest in a consumer good having a purchase price of $10,000 or less, except as otherwise provided
in section 9-1311, subsection (2) with respect to consumer goods that are subject to a statute or treaty described in section
9-1311, subsection (1);
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(2). An assignment of accounts or payment intangibles that does not by itself or in conjunction with other assignments to the
same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(3). A sale of a payment intangible;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(4). A sale of a promissory note;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(5). A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods
or services;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(6). A security interest arising under section 2-401, 2-505, 2-711, subsection (3) or 2-1508, subsection (5), until the debtor
obtains possession of the collateral;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(7). A security interest of a collecting bank arising under section 4-210;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(8). A security interest of an issuer or nominated person arising under section 5-1118;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(9). A security interest arising in the delivery of a financial asset under section 9-1206, subsection (3);
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(10). A security interest in investment property created by a broker or securities intermediary;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(11). A security interest in a commodity contract or a commodity account created by a commodity intermediary;
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(12). An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
(13). A security interest created by an assignment of a beneficial interest in a decedent's estate.
[
1999, c. 699, Pt. A, §2 (NEW);
1999, c. 699, Pt. A, §4 (AFF)
.]
SECTION HISTORY
1999, c. 699, §A2 (NEW).
1999, c. 699, §A4 (AFF).
Data for this page extracted on 11/02/2009 01:51:30.