{"data":{"id":"us-tx/tex.-business-commerce-code-9.309","jurisdiction":"us-tx","citation":"Tex. Business \u0026 Commerce Code § 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 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(c), or 2A.508(e), 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 the creditors of the transferor and subsequent transfers by the assignee thereunder;\n(13) a security interest created by an assignment of a beneficial interest in a decedent's estate; and\n(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.\nAmended by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001; Acts 2003, 78th Leg., ch. 917, Sec. 4, eff. Sept. 1, 2003.","path":["BUSINESS AND COMMERCE CODE","TITLE 1. UNIFORM COMMERCIAL CODE","CHAPTER 9. SECURED TRANSACTIONS","SUBCHAPTER C. PERFECTION AND PRIORITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/BC/htm/BC.9.htm#9.309","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:56Z","sha256":"e22b5a04f609f415e7972770dc173bfc1bf79866be84ad312de4eb75102d7098","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-commerce-code-9.308","next":"us-tx/tex.-business-commerce-code-9.310"},"notice":"GroundRules: Original legal text. Not legal advice."}
