400.9-309. Security interest perfected upon attachment. - Missouri Statutes

Security interest perfected upon attachment.

400.9-309. The following security interests are perfected when theyattach:

(1) A purchase-money security interest in consumer goods, except asotherwise provided in section 400.9-311(b) with respect to consumer goods thatare subject to a statute or treaty described in section 400.9-311(a);

(2) An assignment of accounts or payment intangibles which does not byitself or in conjunction with other assignments to the same assignee transfera significant part of the assignor's outstanding accounts or paymentintangibles;

(3) A sale of a payment intangible;

(4) A sale of a promissory note;

(5) A security interest created by the assignment of ahealth-care-insurance receivable to the provider of the health-care goods orservices;

(6) A security interest arising under section 400.2-401, 400.2-505,400.2-711(3) or 400.2A-508(5), until the debtor obtains possession of thecollateral;

(7) A security interest of a collecting bank arising under section400.4-210;

(8) A security interest of an issuer or nominated person arising undersection 400.5-118;

(9) A security interest arising in the delivery of a financial assetunder section 400.9-206(c);

(10) A security interest in investment property created by a broker orsecurities intermediary;

(11) A security interest in a commodity contract or a commodity accountcreated by a commodity intermediary;

(12) An assignment for the benefit of all creditors of the transferorand subsequent transfers by the assignee thereunder; and

(13) A security interest created by an assignment of a beneficialinterest in a decedent's estate.

(L. 1963 p. 503 § 9-309, A.L. 1992 S.B. 448, A.L. 1997 S.B. 6, A.L. 2001 S.B. 288)

Effective 7-01-01