Current through 2024 Regular Session legislation effective June 6, 2024
Section 79.0309 - UCC 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 ORS 79.0311(2) with respect to consumer goods that are subject to a statute or treaty described in ORS 79.0311(1);(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 ORS 72.4010, 72.5050, 72.7110(3), or 72A.5080(5), until the debtor obtains possession of the collateral;(7) A security interest of a collecting bank arising under ORS 74.2100;(8) A security interest of an issuer or nominated person arising under ORS 75.1180;(9) A security interest arising in the delivery of a financial asset under ORS 79.0206(3);(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.