Section 45.29.309. 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 AS 45.29.311(b) with respect to consumer goods that are subject to a statute or treaty described in AS 45.29.311(a);
        (2) an assignment of accounts or payment intangibles that 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 AS 45.02.401, 45.02.505, 45.02.711(c), or AS 45.12.508(e), until the debtor obtains possession of the collateral;
        (7) a security interest of a collecting bank arising under AS 45.04.210;
        (8) a security interest of an issuer or nominated person arising under AS 45.05.118;
        (9) a security interest arising in the delivery of a financial asset under AS 45.29.206(c);
        (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.

Authorities

45.29.308;45.29.310;45.29.323

Notes

References

AS 45.29.308 When security interest or agricultural lien is perfected; continuity of perfection.
AS 45.29.310 When filing required to perfect security interest or agricultural lien; security interests and agricultural liens to which filing provisions do not apply.
AS 45.29.323 Future advances.

History

(Sec. 1 ch 113 SLA 2000)