RS 10:9-309 Security interest perfected upon attachment
§9-309. Security interest perfected upon attachment
The following security interests are perfected when they attach:
NOTE: Paragraph (1) eff. until January 1, 2011. See Acts 2009, No. 508, §1.
(1) a purchase-money security interest in consumer goods, except as otherwise provided in R.S. 10:9-501(a)(1) with respect to titled motor vehicles and R.S. 10:9-311(b) with respect to consumer goods that are subject to a statute or treaty described in R.S. 10:9-311(a) and R.S. 10:9-501(a)(3) with respect to a titled vessel;
NOTE: Paragraph (1) as amended by Acts 2009, No. 508, §1, eff. January 1, 2011.
(1) a purchase-money security interest in consumer goods, except as otherwise provided in R.S. 10:9-501(a)(1) with respect to titled motor vehicles and R.S. 10:9-311(b) with respect to consumer goods that are subject to a statute or treaty described in R.S. 10:9-311(a) and R.S. 10:9-501(a)(3) with respect to a titled vessel or outboard motor;
(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 other than a collateral mortgage 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) [Reserved.]
(7) a security interest of a collecting bank arising under R.S. 10:4-210;
(8) a security interest of an issuer or nominated person arising under R.S. 10:5-118;
(9) a security interest arising in the delivery of a financial asset under R.S. 10:9-206(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; and
(12) an assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder.
(13) [Reserved.]
Acts 1988, No. 528, §1, eff. Jan. 1, 1990; Acts 1995, No. 884, §4, eff. Jan. 1, 1996; Acts 2001, No. 128, §1, eff. July 1, 2001; Acts 2004, No. 303, §2; Acts 2007, No. 319, §1, eff. July 1, 2008; Acts 2009, No. 508, §1, eff. Jan. 1, 2011.