§ 30-9A-309 — Security Interest Perfected On Attachment

30-9A-309 . Security interest perfected on attachment. The following security interests are perfected when they attach:
(1) a purchase-money security interest in consumer goods, except as otherwise provided in 30-9A-311 (2) with respect to consumer goods that are subject to a statute or treaty described in 30-9A-311 (1);
(2) an assignment of accounts or payment intangibles that 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 30-2-401 , 30-2-505 , 30-2-711 (3), or 30-2A-508 (5), until the debtor obtains possession of the collateral;
(7) a security interest of a collecting bank arising under 30-4-208 ;
(8) a security interest of an issuer or nominated person arising under 30-5-118 ;
(9) a security interest arising in the purchase or delivery of a financial asset under 30-9A-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.

Legislative History

En. Sec. 28, Ch. 305, L. 1999; Sec. 30-9-329 , MCA 1999; redes. 30-9A-309 by Code Commissioner, 2001.