{"data":{"id":"us-al/ala.-code-7-9a-309","jurisdiction":"us-al","citation":"Ala. Code § 7-9A-309","heading":"Security Interest Perfected Upon Attachment.","body":"The following security interests are perfected when they attach:\n(1) a purchase-money security interest in consumer goods, except as otherwise provided in Section 7-9A-311(b) with respect to consumer goods that are subject to a statute or treaty described in Section 7-9A-311(a);\n(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;\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 health-care-insurance receivable to the provider of the health-care goods or services;\n(6) a security interest arising under Section 7-2-401, 7-2-505, 7-2-711(3), or 7-2A-508(5), until the debtor obtains possession of the collateral;\n(7) a security interest of a collecting bank arising under Section 7-4-210;\n(8) a security interest of an issuer or nominated person arising under Section 7-5-118;\n(9) a security interest arising in the delivery of a financial asset under Section 7-9A-206(c);\n(10) a security interest in investment property created by a broker or securities intermediary;\n(11) a security interest in a commodity contract or a commodity account created by a commodity intermediary;\n(12) an assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and\n(13) a security interest created by an assignment of a beneficial interest in a decedent’s estate.","path":["Title 7 Commercial Code.","Article 9A Secured Transactions.","Part 3 Perfection and Priority.","Division 2 Perfection."],"source_url":"https://alison.legislature.state.al.us/code-of-alabama?section=7-9A-309","current_through":"Act 2026-611","vintage":"","retrieved_at":"2026-09-03T14:01:52Z","sha256":"afa990f29af719dc20c19198065765b38ac6e091258191bbb35f7a094197c8d1","source_id":"us-al","stale":false,"prev":"us-al/ala.-code-7-9a-308","next":"us-al/ala.-code-7-9a-310"},"notice":"GroundRules: Original legal text. Not legal advice."}