409.309 Security interest perfected upon attachment.

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

409.309 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 s. 409.311

(2)with respect to consumer goods that are subject to a statute or treaty described in s. 409.311

(1);

(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 s. 402.401 , 402.505 , 402.711

(3), or 411.508

(5), until the debtor obtains possession of the collateral;

(7)A security interest of a collecting bank arising under s. 404.210 ;

(8)A security interest of an issuer or nominated person arising under s. 405.118 ;

(9)A security interest arising in the delivery of a financial asset under s. 409.206

(3);

(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.