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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 28:9-309: Security interest perfected upon attachment.

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Where this section sits in the code
  1. Title 28. Commercial Instruments and Transactions. [Enacted title]
  2. Subtitle I. Uniform Commercial Code.
  3. Article 9. Secured Transactions.
  4. Part III. Perfection and Priority.
  5. Subpart 2. Perfection.

The following security interests are perfected when they attach:

(1)

A purchase-money security interest in consumer goods, except as otherwise provided in § 28:9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 28:9-311(a);

(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 § 28:2-401, 2-505, 2-711(3), or 2A-508(5), until the debtor obtains possession of the collateral;

(7)

A security interest of a collecting bank arising under § 28:4-210;

(8)

A security interest of an issuer or nominated person arising under § 28:5-118;

(9)

A security interest arising in the delivery of a financial asset under § 28:9-206(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;

(13)

A security interest created by an assignment of a beneficial interest in a decedent’s estate; and

(14)

A sale by an individual of an account that is a right to payment of winnings in a lottery or other game of chance.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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