North Carolina General Statutes § 25-9-309 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 G.S. 25-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in G.S. 25-9-311(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 G.S. 25-2-401, 25-2-505, 25-2-711(3), or 25-2A-508(5), until the debtor obtains possession of the collateral;

(7)        A security interest of a collecting bank arising under G.S. 25-4-208;

(8)        A security interest of an issuer or nominated person arising under G.S. 25-5-118;

(9)        A security interest arising in the delivery of a financial asset under G.S. 25-9-206(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. (1997-181, s. 5; 2000-169, s. 1.)

Sections:  Previous  25-9-302  25-9-303  25-9-304  25-9-305  25-9-306  25-9-307  25-9-308  25-9-309  25-9-310  25-9-311  25-9-312  25-9-313  25-9-314  25-9-315  25-9-316  Next

Last modified: March 23, 2014