Tex.
Bus. & Com. Code Section 9.309
Security Interest Perfected Upon Attachment
(1)
a purchase money security interest in consumer goods, except as otherwise provided in Section 9.311 (Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties)(b) with respect to consumer goods that are subject to a statute or treaty described in Section 9.311 (Perfection of Security Interests in Property Subject to Certain Statutes, Regulations, and Treaties)(a);(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;(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 Section 2.401 (Passing of Title; Reservation for Security; Limited Application of This Section), 2.505 (Seller’s Shipment Under Reservation), 2.711 (Buyer’s Remedies in General; Buyer’s Security Interest in Rejected Goods)(c), or 2A.508 (Lessee’s Remedies)(e), until the debtor obtains possession of the collateral;(7)
a security interest of a collecting bank arising under Section 4.210 (Security Interest of Collecting Bank in Items, Accompanying Documents and Proceeds);(8)
a security interest of an issuer or nominated person arising under Section 5.118 (Security Interest of Issuer or Nominated Person);(9)
a security interest arising in the delivery of a financial asset under Section 9.206 (Security Interest Arising in Purchase or Delivery of Financial Asset)(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 the 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.
Source:
Section 9.309 — Security Interest Perfected Upon Attachment, https://statutes.capitol.texas.gov/Docs/BC/htm/BC.9.htm#9.309 (accessed Jun. 5, 2024).
