The following security interests are perfected when they attach:

(1) A purchase-money security interest in consumer goods, except as otherwise provided in section 490:9-311(b) with respect to consumer goods that are subject to a statute or treaty described in section 490:9-311(a);

Terms Used In Hawaii Revised Statutes 490:9-309

  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Statute: A law passed by a legislature.
(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;
(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 490:2-401, 490:2-505, 490:2-711(3), or 490:2A-508(e), until the debtor obtains possession of the collateral;
(7) A security interest of a collecting bank arising under section 490:4-210;
(8) A security interest of an issuer or nominated person arising under § 490:5-118;
(9) A security interest arising in the delivery of a financial asset under section 490:9-206(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 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.

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