The following security interests are perfected when they attach:
(1) A purchase-money security interest in consumer goods, except as otherwise provided in section 28-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in section 28-9-311(a);

Terms Used In Idaho Code 28-9-309

  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • person: includes a corporation as well as a natural person;
Idaho Code 73-114
  • Property: includes both real and personal property. See Idaho Code 73-114
  • 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 28-2-401, 28-2-505, 28-2-711(3) or 28-12-508(5), until the debtor obtains possession of the collateral;
    (7) A security interest of a collecting bank arising under section 28-4-210;
    (8) A security interest of an issuer or nominated person arising under section 28-5-120;
    (9) A security interest arising in the delivery of a financial asset under section 28-9-206(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.