Georgia § 11-9-309 Security interest perfected upon attachment

Georgia Statutes

§ 11-9-309 — Security interest perfected upon attachment

Georgia § 11-9-309

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This text of Georgia § 11-9-309 (Security interest perfected upon attachment) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 11-9-309 (2026).

Text

The following security interests are perfected when they attach:

(1)A purchase money security interest in consumer goods, except as otherwise provided in subsection (b) of Code Section 11-9-311 with respect to consumer goods that are subject to a statute or treaty described in subsection (a) of Code Section 11-9-311 ;

(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

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The following security interests are perfected when they attach: (1) A purchase money security interest in consumer goods, except as otherwise provided in subsection (b) of Code Section 11-9-311 with respect to consumer goods that are subject to a statute or treaty described in subsection (a) of Code Section 11-9-311 ; (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 Code Section 11-2-401 or 11-2-505 , subsection (3) of Code Section 11-2-711 , or subsection (5) of Code Section 11-2A-508 , until the debtor obtains possession of the collateral; (7) A security interest of a collecting bank arising under Code Section 11-4-210 ; (8) A security interest of an issuer or nominated person arising under Code Section 11-5-118 ; (9) A security interest arising in the delivery of a financial asset under subsection (c) of Code Section 11-9-206 ; (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.