Tex. Bus. & Com. Code § 9.309 · Subchapter C. PERFECTION AND PRIORITY
SECURITY INTEREST PERFECTED UPON ATTACHMENT.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The following security interests are perfected when they attach:
(1) a purchase money security interest in consumer goods, except as otherwise provided in Section 9.311(b) with respect to consumer goods that are subject to a statute or treaty described in Section 9.311(a);
(2) an assignment of accounts or payment intangibles that 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, 2.505, 2.711(c), or 2A.508(e), until the debtor obtains possession of the collateral;
(7) a security interest of a collecting bank arising under Section 4.210;
(8) a security interest of an issuer or nominated person arising under Section 5.118;
(9) a security interest arising in the delivery of a financial asset under Section 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 the 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.
Notes and commentary — not statutory text
History
Amended by Acts 1999, 76th Leg., ch. 414, Sec. 1.01, eff. July 1, 2001; Acts 2003, 78th Leg., ch. 917, Sec. 4, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.9.htm
- Text hash
- sha256 dbacacf7e59ef0ffedc32a0c09123923e0cdf13128c137050d476fcd22f10d99
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business & Commerce Code
- Tex. Bus. & Com. Code § 2.401PASSING OF TITLE; RESERVATION FOR SECURITY; LIMITED APPLICATION OF THIS SECTION.Printed as Section 2.401, 2.505, 2.711(c), or 2A.508(e)
- Tex. Bus. & Com. Code § 2.505SELLER'S SHIPMENT UNDER RESERVATION.Printed as Section 2.401, 2.505, 2.711(c), or 2A.508(e)
- Tex. Bus. & Com. Code § 2.711BUYER'S REMEDIES IN GENERAL; BUYER'S SECURITY INTEREST IN REJECTED GOODS.Printed as Section 2.401, 2.505, 2.711(c), or 2A.508(e)
- Tex. Bus. & Com. Code § 2A.508LESSEE'S REMEDIES.Printed as Section 2.401, 2.505, 2.711(c), or 2A.508(e)
- Tex. Bus. & Com. Code § 4.210SECURITY INTEREST OF COLLECTING BANK IN ITEMS, ACCOMPANYING DOCUMENTS AND PROCEEDS.Printed as Section 4.210
- Tex. Bus. & Com. Code § 5.118SECURITY INTEREST OF ISSUER OR NOMINATED PERSON.Printed as Section 5.118
- Tex. Bus. & Com. Code § 9.206SECURITY INTEREST ARISING IN PURCHASE OR DELIVERY OF FINANCIAL ASSET.Printed as Section 9.206(c)
- Tex. Bus. & Com. Code § 9.311PERFECTION OF SECURITY INTERESTS IN PROPERTY SUBJECT TO CERTAIN STATUTES, REGULATIONS, AND TREATIES.Printed as Section 9.311(a) | Section 9.311(b)
Cited by 3 provisions
Provisions in this library whose text cites Tex. Bus. & Com. Code § 9.309. Each shows the citation as that text prints it.
Business & Commerce Code
- Tex. Bus. & Com. Code § 9.308WHEN SECURITY INTEREST OR AGRICULTURAL LIEN IS PERFECTED; CONTINUITY OF PERFECTION.Printed as Section 9.309
- Tex. Bus. & Com. Code § 9.310WHEN FILING REQUIRED TO PERFECT SECURITY INTEREST OR AGRICULTURAL LIEN; SECURITY INTERESTS AND AGRICULTURAL LIENS TO WHICH FILING PROVISIONS DO NOT APPLY.Printed as Section 9.309
- Tex. Bus. & Com. Code § 9.323FUTURE ADVANCES.Printed as Section 9.309 | Section 9.309 or 9.312(e)
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.