North Carolina § 25-9-309 - Security interest perfected upon attachment.

§ 25-9-309. Security interest perfected upon attachment.

The following security interests are perfected when they attach: A purchase-money security interest in consumer goods, except as otherwise provided in G.S. 25-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in G.S. 25-9-311(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 G.S. 25-2-401, 25-2-505, 25-2-711(3), or 25-2A-508(5), until the debtor obtains possession of the collateral; A security interest of a collecting bank arising under G.S. 25-4-208; A security interest of an issuer or nominated person arising under G.S. 25-5-118; A security interest arising in the delivery of a financial asset under G.S. 25-9-206(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; and A security interest created by an assignment of a beneficial interest in a decedent's estate. History (1997-181, s. 5; 2000-169, s. 1.)