§ 409.309 — Security interest perfected upon attachment.

Wisconsin § 409.309

• Jurisdiction: Wisconsin
• Ch. 409: Uniform commercial code — secured transactions
• Subch.: subch. III of ch. 409 SUBCHAPTER III

Text

409.309 The following security interests are perfected when they attach:
409.309(1) (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) ;
409.309(2) (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;
409.309(3) (3) A sale of a payment intangible;
409.309(4) (4) A sale of a promissory note;
409.309(5) (5) A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;
409.309(6) (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;
409.309(7) (7) A security interest of a collecting bank arising under s. 404.210 ;
409.309(8) (8) A security interest of an issuer or nominated person arising under s. 405.118 ;
409.309(9) (9) A security interest arising in the delivery of a financial asset under s. 409.206 (3) ;
409.309(10) (10) A security interest in investment property created by a broker or securities intermediary;
409.309(11) (11) A security interest in a commodity contract or a commodity account created by a commodity intermediary;
409.309(12) (12) An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and
409.309(13) (13) A security interest created by an assignment of a beneficial interest in a decedent’s estate.

Legislative History

409.309 History History: 2001 a. 10 .