62A.9A-309 - Security interest perfected upon attachment.

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 RCW 62A.9A-311(b) with respect to consumer goods that are subject to a statute or treaty described in RCW 62A.9A-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 more than fifty thousand dollars, or ten percent of the total amount of the assignor's outstanding accounts and 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 RCW 62A.2-401, 62A.2-505, 62A.2-711(3), or 62A.2A-508(5), until the debtor obtains possession of the collateral;

     (7) A security interest of a collecting bank arising under RCW 62A.4-210;

     (8) A security interest of an issuer or nominated person arising under RCW 62A.5-118;

     (9) A security interest arising in the delivery of a financial asset under RCW 62A.9A-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.

[2000 c 250 § 9A-309.]