Current with changes from the 2024 Legislative Session
Section 10:9-309 - Security interest perfected upon attachmentThe following security interests are perfected when they attach:
(1) a purchase-money security interest in consumer goods, except as otherwise provided in R.S. 10:9-501(a)(1) with respect to titled motor vehicles and R.S. 10:9-311(b) with respect to consumer goods that are subject to a statute or treaty described in R.S. 10:9-311(a) and R.S. 10:9-501(a)(3) with respect to a titled vessel or outboard motor;(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 other than a collateral mortgage 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;(7) a security interest of a collecting bank arising under R.S. 10:4-210;(8) a security interest of an issuer or nominated person arising under R.S. 10:5-118;(9) a security interest arising in the delivery of a financial asset under R.S. 10:9-206(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) An agricultural lien in favor of an agricultural laborer upon crops and upon their proceeds to the extent subject to the agricultural lien.Acts 1988, No. 528, §1, eff. 1/1/1990; Acts 1995, No. 884, §4, eff. 1/1/1996; Acts 2001, No. 128, §1, eff. 7/1/2001; Acts 2004, No. 303, §2; Acts 2007, No. 319, §1, eff. 7/1/2008; Acts 2009, No. 508, §1, eff. 1/1/2011; Acts 2010, No. 378, §3.