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Current as of January 01, 2024 | Updated by FindLaw Staff
The following security interests are perfected when they attach:
(1) a purchase-money security interest in consumer goods, except as otherwise provided in subsection 9-311(b) of this title with respect to consumer goods that are subject to a statute or treaty described in subsection 9-311(a) of this title;
(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, or 2-505 of this title, or subsection 2-711(3), or 2A-508(5) of this title, until the debtor obtains possession of the collateral;
(7) a security interest of a collecting bank arising under section 4-210 of this title;
(8) a security interest of an issuer or nominated person arising under section 5-118 of this title;
(9) a security interest arising in the delivery of a financial asset under subsection 9-206(c) of this title;
(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.
Cite this article: FindLaw.com - Vermont Statutes Title 9 A. Uniform Commercial Code, § 9-309. Security interest perfected upon attachment - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-9-a-uniform-commercial-code/vt-st-tit-9a-sect-9-309/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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