Vt. Stat. tit. 9A § 9-309

Current through L. 2024, c. 185.
Section 9-309 - Security interest perfected upon attachment

The following security interests are perfected when they attach:

(1) a purchase-money security interest in consumer goods, except as otherwise provided in subsection 9-311(b) of this title with respect to consumer goods that are subject to a statute or treaty described in subsection 9-311(a) of this title;
(2) an assignment of accounts or payment intangibles which 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;
(3) a sale of a payment intangible;
(4) a sale of a promissory note;
(5) a security interest created by the assignment of a health care-insurance receivable to the provider of the health care goods or services;
(6) a security interest arising under section 2-401, or 2-505 of this title, or subsection 2-711(3), or 2A-508(5) of this title, until the debtor obtains possession of the collateral;
(7) a security interest of a collecting bank arising under section 4-210 of this title;
(8) a security interest of an issuer or nominated person arising under section 5-118 of this title;
(9) a security interest arising in the delivery of a financial asset under subsection 9-206(c) of this title;
(10) a security interest in investment property created by a broker or securities intermediary;
(11) a security interest in a commodity contract or a commodity account created by a commodity intermediary;
(12) an assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and
(13) a security interest created by an assignment of a beneficial interest in a decedent's estate.

9A V.S.A. § 9-309

Added 1999, No. 106 (Adj. Sess.), § 2, eff. 7/1/2001.