The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 9A V.S.A. § 9-309)
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§ 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 subsection 9—311(b) of this title with respect to consumer goods that are subject to a statute or treaty described
in subsection 9—311(a) of this title;
(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 2—401, or 2—505 of this title, or subsection 2—711(3), or 2A—508(5) of this title, until the debtor obtains possession of the collateral;
(7) a security interest of a collecting bank arising under section 4—210 of this title;
(8) a security interest of an issuer or nominated person arising under section 5—118 of this title;
(9) a security interest arising in the delivery of a financial asset under subsection 9—206(c) of this title;
(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; and
(13) a security interest created by an assignment of a beneficial interest in a decedent’s
estate. (Added 1999, No. 106 (Adj. Sess.), § 2, eff. July 1, 2001.)