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Note: Commerce is now known as Economic Development Law

RETRIEVE BILL
 
  Section 9--309. Security Interest Perfected upon Attachment.
    The following security interests are perfected when they attach:
    (1) a  purchase-money  security  interest in consumer goods, except as
  otherwise provided in Section 9--311(b) with respect to  consumer  goods
  that are subject to a statute or treaty described in Section 9--311(a);
    (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  2--401,  2--505,
  2--711(3), or 2-A-508(5), until the debtor  obtains  possession  of  the
  collateral;
    (7) a  security  interest  of  a collecting bank arising under Section
  4--210;
    (8) a security interest of an issuer or nominated person arising under
  Section 5--118;
    (9) a security interest arising in the delivery of a  financial  asset
  under Section 9--206(c);
    (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.

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