Security interest perfected upon attachment
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Law
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Mississippi Code
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Regulation of Trade, Commerce and Investments
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Uniform Commercial Code-Secured Transactions
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Perfection and Priority
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Perfection
- Security interest perfected upon attachment
The following security interests are perfected when they attach:
- A purchase-money security interest in consumer goods, except as otherwise provided in Section 75-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in Section 75-9-311(a);
- 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;
- A sale of a payment intangible;
- A sale of a promissory note;
- A security interest created by the assignment of a health-care-insurance receivable to the provider of the health-care goods or services;
- A security interest arising under Section 75-2-401, 75-2-505, 75-2-711(3), or 75-2A-508(5), until the debtor obtains possession of the collateral;
- A security interest of a collecting bank arising under Section 75-4-210;
- A security interest of an issuer or nominated person arising under Section 75-5-118;
- A security interest arising in the delivery of a financial asset under Section 75-9-206(c);
- A security interest in investment property created by a broker or securities intermediary;
- A security interest in a commodity contract or a commodity account created by a commodity intermediary;
- An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder;
- A security interest created by an assignment of a beneficial interest in a decedent's estate; and
- 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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