New Jersey § 12a:9-309
Full text of New Jersey New Jersey Statutes § 12a:9-309, with citation guidance and answers to common questions.
§ 12a:9-309.
The following security interests are perfected when they attach: (1) a purchase-money security interest in consumer goods, except as otherwise provided
in 12A:9-311 (b) with respect to consumer goods that are subject to a statute or treaty described
in 12A:9-311 (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 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 12A:2-401, 12A:2-505, 12A:2-711(3), 12A:2A-508(5),
until the debtor obtains possession of the collateral; (7) security interest of a collecting bank arising under 12A:4-210; (8) a security interest of an issuer or nominated person arising under 12A:5-118; (9) a security interest arising in the delivery of a financial asset under 12A: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; (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.
Frequently Asked Questions About New Jersey § 12a:9-309
What does New Jersey Statutes § 12a:9-309 cover?
Section 12a:9-309 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:9-309?
A common citation format is "New Jersey Statutes § 12a:9-309" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-309 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.