The following security interests are perfected when they attach: A purchase-money security interest in consumer goods, except as otherwise provided in § 28:9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 28:9-311(a) ; 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; A sale of a payment intangible; A sale of a promissory note; A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services; A security interest arising under § 28:2-401 , 2-505, 2-711(3), or 2A-508(5), until the debtor obtains possession of the collateral; A security interest of a collecting bank arising under § 28:4-210 ; A security interest of an issuer or nominated person arising under § 28:5-118 ; A security interest arising in the delivery of a financial asset under § 28:9-206(c) ; A security interest in investment property created by a broker or securities intermediary; A security interest in a commodity contract or a commodity account created by a commodity intermediary; An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; A security interest created by an assignment of a beneficial interest in a decedent’s estate; and A sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance.
‹ Prev All District Of Columbia sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.