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2016 Statute


84-9-309.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 K.S.A. 2016 Supp. 84-9-311(b), and amendments thereto, with respect to consumer goods that are subject to a statute or treaty described in K.S.A. 2016 Supp. 84-9-311(a), and amendments thereto;

(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 K.S.A. 84-2-401, 84-2-505, 84-2-711(3), or 84-2a-508(5), and amendments thereto, until the debtor obtains possession of the collateral;

(7) a security interest of a collecting bank arising under K.S.A. 84-4-210, and amendments thereto;

(8) a security interest of an issuer or nominated person arising under K.S.A. 84-5-118, and amendments thereto;

(9) a security interest arising in the delivery of a financial asset under K.S.A. 2016 Supp. 84-9-206, and amendments thereto;

(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.

History: L. 2000, ch. 142, § 29; July 1, 2001.

Revisor's Note:

Former section 84-9-309 was repealed by L. 2000, ch. 142, § 155 and the number reassigned to the current text.