Current through the 2024 legislative session
Section 34.1-9-309 - Security interest perfected upon attachment(a) The following security interests are perfected when they attach: (i) A purchase-money security interest in consumer goods, except as otherwise provided in section 34.1-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in section 34.1-9-311(a);(ii) 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;(iii) A sale of a payment intangible;(iv) A sale of a promissory note;(v) A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;(vi) A security interest arising under section 34.1-2-401, 34.1-2-505, 34.1-2-711(c) or 34.1-2A-508(e), until the debtor obtains possession of the collateral;(vii) A security interest of a collecting bank arising under section 34.1-4-210;(viii) A security interest of an issuer or nominated person arising under section 34.1-5-118;(ix) A security interest arising in the delivery of a financial asset under section 34.1-9-206(c);(x) A security interest in investment property created by a broker or securities intermediary;(xi) A security interest in a commodity contract or a commodity account created by a commodity intermediary;(xii) An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and(xiii) A security interest created by an assignment of a beneficial interest in a decedent's estate.