North Dakota § 41-09-29 - (9-309) Security interest perfected upon attachment
Full text of North Dakota North Dakota Century Code § 41-09-29 — (9-309) Security interest perfected upon attachment, with citation guidance and answers to common questions.
§ 41-09-29. (9-309) 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 subsection 2 of section 41-09-31 with respect to consumer goods that are subject to a statute or treaty described in subsection 1 of section 41-09-31; 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 41-02-46, section 41-02-53, subsection 3 of section 41-02-90, or subsection 5 of section 41-02.1-56, until the debtor obtains possession of the collateral; 7. A security interest of a collecting bank arising under section 41-04-22; 8. A security interest of an issuer or nominated person arising under section 41-05-18; 9. A security interest arising in the delivery of a financial asset under subsection 3 of section 41-09-16; 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; and 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.
Source: official North Dakota text · Last verified 2026-08-27
Frequently Asked Questions About North Dakota § 41-09-29
What does North Dakota Century Code § 41-09-29 cover?
Section 41-09-29 ("(9-309) Security interest perfected upon attachment") is part of the North Dakota Century Code, the codified statutory law of North Dakota. 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 North Dakota § 41-09-29?
A common citation format is "North Dakota Century Code § 41-09-29" (North Dakota). 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 North Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Dakota official source linked on this page or consult a licensed North Dakota attorney.
How does North Dakota § 41-09-29 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Dakota 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 North Dakota.