§ 41-09-29 — (9-309) Security interest perfected upon attachment

North Dakota § 41-09-29

• Jurisdiction: North Dakota
• Title 41: Uniform Commercial Code
• Ch. 41-09: Secured Transactions

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 2 of section 41-09-31 with respect to consumer goods that are subject to
a statute or treaty described in subsection 1 of section 41-09-31;
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 section 41-02-46, section 41-02-53, subsection 3 of
section 41-02-90, or subsection 5 of section 41-02.1-56, until the debtor obtains
possession of the collateral;
7. A security interest of a collecting bank arising under section 41-04-22;
8. A security interest of an issuer or nominated person arising under section 41-05-18;
9. A security interest arising in the delivery of a financial asset under subsection 3 of
section 41-09-16;
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;
13. A security interest created by an assignment of a beneficial interest in a decedent's
estate; and

14. A sale by an individual of an account that is a right to payment of winnings in a lottery
or other game of chance.