There Is a Newer Version
of
the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 93 - Perfection and Priority
Section 9309 - Security interest perfected upon attachment
§ 9309. 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 section 9311(b)
(relating to perfection of security interests in property
subject to certain statutes, regulations and treaties) with
respect to consumer goods which are subject to a statute or
treaty described in section 9311(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 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 2401
(relating to passing of title; reservation for security;
limited application of section), 2505 (relating to shipment
by seller under reservation), 2711(c) (relating to security
interest of buyer in rejected goods) or 2A508(e) (relating to
security interest in goods in lessee's possession) until the
debtor obtains possession of the collateral.
(7) A security interest of a collecting bank arising
under section 4210 (relating to security interest of
collecting bank in items, accompanying documents and
proceeds).
(8) A security interest of an issuer or nominated person
arising under section 5118 (relating to security interest of
issuer or nominated person).
(9) A security interest arising in the delivery of a
financial asset under section 9206(c) (relating to security
interest in payment against delivery transaction).
(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.
(13) A security interest created by an assignment of a
beneficial interest in a decedent's estate.
(14) A sale by an individual of an account that is a
right to payment of winnings in a lottery or other game of
chance.
(Apr. 16, 2008, P.L.57, No.13, eff. 60 days)
2008 Amendment. Act 13 added par. (14).
Cross References. Section 9309 is referred to in sections
9308, 9310, 9323 of this title.
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