N.Y. UCC Law § 9-309

This is the official text of N.Y. UCC Law § 9-309, part of New York’s UCC Law — part of the compiled statutory law of New York, published by the state as "UCC Law." Browse the sections below, each linked to its official government source.

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Security Interest Perfected upon Attachment

Official statutory text

Section 9--309. Security Interest Perfected upon Attachment.\n The following security interests are perfected when they attach:\n (1) a purchase-money security interest in consumer goods, except as\notherwise provided in Section 9--311(b) with respect to consumer goods\nthat are subject to a statute or treaty described in Section 9--311(a);\n (2) an assignment of accounts or payment intangibles which does not by\nitself or in conjunction with other assignments to the same assignee\ntransfer a significant part of the assignor's outstanding accounts or\npayment intangibles;\n (3) a sale of a payment intangible;\n (4) a sale of a promissory note;\n (5) a security interest created by the assignment of a\nhealth-care-insurance receivable to the provider of the health-care\ngoods or services;\n (6) a security interest arising under Section 2--401, 2--505,\n2--711(3), or 2-A-508(5), until the debtor obtains possession of the\ncollateral;\n (7) a security interest of a collecting bank arising under Section\n4--210;\n (8) a security interest of an issuer or nominated person arising under\nSection 5--118;\n (9) a security interest arising in the delivery of a financial asset\nunder Section 9--206(c);\n (10) a security interest in investment property created by a broker or\nsecurities intermediary;\n (11) a security interest in a commodity contract or a commodity\naccount created by a commodity intermediary;\n (12) an assignment for the benefit of all creditors of the transferor\nand subsequent transfers by the assignee thereunder;\n (13) a security interest created by an assignment of a beneficial\ninterest in a decedent's estate; and\n (14) a sale by an individual of an account that is a right to payment\nof winnings in a lottery or other game of chance.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.