{"data":{"id":"us-me/11-m.r.s.-9-1309","jurisdiction":"us-me","citation":"11 M.R.S. §9-1309","heading":"Security interest perfected upon attachment","body":"The following security interests are perfected when they attach:\n(1).   A purchase-money security interest in a consumer good having a purchase price of $10,000 or less, except as otherwise provided in section 9‑1311, subsection (2) with respect to consumer goods that are subject to a statute or treaty described in section 9‑1311, subsection (1);\n(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;\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, subsection (3) or 2‑1508, subsection (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 5‑1118;\n(9).   A security interest arising in the delivery of a financial asset under section 9‑1206, subsection (3);\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 11: UNIFORM COMMERCIAL CODE","PART 3: PERFECTION AND PRIORITY"],"source_url":"https://legislature.maine.gov/statutes/11/title11sec9-1309.html","current_through":"October 1, 2025","vintage":"","retrieved_at":"2026-09-04T15:12:25Z","sha256":"4f466e046f9d8b0da679d36c98c95597e8b454dbf7531d1c3318ab503f945dcf","source_id":"us-me","stale":false,"prev":"us-me/11-m.r.s.-9-1308","next":"us-me/11-m.r.s.-9-1310"},"notice":"GroundRules: Original legal text. Not legal advice."}