(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 which does not by itself or in
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| 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 a health-care-insurance receivable
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| to the provider of the health-care goods or services;
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(6) a security interest arising under Section 2-401, 2-505, 2-711(3), or 2A-508(5),
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| until the debtor obtains possession of the collateral;
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(7) a security interest of a collecting bank arising under Section
4-210;
(8) a security interest of an issuer or nominated person arising under
Section 5-118;
(9) a security interest arising in the delivery of a financial asset under Section
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(10) a security interest in investment property created by a broker or securities
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(11) a security interest in a commodity contract or a commodity account created by a
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(12) an assignment for the benefit of all creditors of the transferor and subsequent
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| transfers by the assignee thereunder; and
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(13) a security interest created by an assignment of a beneficial interest in a
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(Source: P.A. 91-893, eff. 7-1-01.)
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