8.9A-309 - A-309. Security interest perfected upon attachment.
§ 8.9A-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 otherwiseprovided in § 8.9A-311 (b) with respect to consumer goods that are subject toa statute or treaty described in § 8.9A-311 (a);
(2) an assignment of accounts or payment intangibles which does not by itselfor in conjunction with other assignments to the same assignee transfer asignificant part of the assignor's outstanding accounts or paymentintangibles;
(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-insurancereceivable to the provider of the health-care goods or services;
(6) a security interest arising under §§ 8.2-401, 8.2-505, 8.2-711 (3), or §8.2A-508 (5), until the debtor obtains possession of the collateral;
(7) a security interest of a collecting bank arising under § 8.4-210;
(8) a security interest of an issuer or nominated person arising under §8.5A-118;
(9) a security interest arising in the delivery of a financial asset under §8.9A-206 (c);
(10) a security interest in investment property created by a broker orsecurities intermediary;
(11) a security interest in a commodity contract or a commodity accountcreated by a commodity intermediary;
(12) an assignment for the benefit of all creditors of the transferor andsubsequent transfers by the assignee thereunder; and
(13) a security interest created by an assignment of a beneficial interest ina decedent's estate.
(1964, c. 219, § 8.9-302; 1966, c. 569; 1973, c. 509; 1983, cc. 204, 367;1984, c. 613; 1996, c. 216, §§ 8.9-115, 8.9-116; 2000, c. 1007.)