{"data":{"id":"us-il/810-ilcs-5-9-309","jurisdiction":"us-il","citation":"810 ILCS 5/9-309","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 9-311(b) with respect to consumer goods that 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 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 2-401, 2-505, 2-711(3), or 2A-508(5), until the debtor obtains possession of the collateral;\n(7) a security interest of a collecting bank arising under Section 4-210;\n(8) a security interest of an issuer or nominated person arising under Section 5-118;\n(9) a security interest arising in the delivery of a financial asset under Section 9-206(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":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"37e5619da6653ee85f46befd3eadc54f63fd85aad6d16f3d6b943fe56d5ae9c6","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-9-308","next":"us-il/810-ilcs-5-9-310"},"notice":"GroundRules: Original legal text. Not legal advice."}
