§490:9-309  Security interest perfected upon attachment The following security interests are perfected when they attach:

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

     (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 § 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 § 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 § 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.

Terms Used In Hawaii Revised Statutes 490:9-309

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Decedent: A deceased person.
  • Statute: A law passed by a legislature.