(810 ILCS 5/9-309) (from Ch. 26, par. 9-309)
Sec. 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 Section 9-311(b) with respect to consumer goods that are subject to a statute or treaty described in Section 9-311(a);
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(2) an assignment of accounts or payment intangibles
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| 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;
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(3) a sale of a payment intangible;
(4) a sale of a promissory note;
(5) a security interest created by the assignment of
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| a health-care-insurance receivable to the provider of the health-care goods or services;
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(6) a security interest arising under Section 2-401,
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| 2-505, 2-711(3), or 2A-508(5), until the debtor obtains possession of the collateral;
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(7) a security interest of a collecting bank arising
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(8) a security interest of an issuer or nominated
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| person arising under Section 5-118;
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(9) a security interest arising in the delivery of a
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| financial asset under Section 9-206(c);
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(10) a security interest in investment property
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| created by a broker or securities intermediary;
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(11) a security interest in a commodity contract or a
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| commodity account created by a commodity intermediary;
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(12) an assignment for the benefit of all creditors
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| of the transferor and subsequent transfers by the assignee thereunder; and
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(13) a security interest created by an assignment of
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| a beneficial interest in a decedent's estate.
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(Source: P.A. 91-893, eff. 7-1-01.)
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