| | | (9)__A security interest arising in the delivery of a | | financial asset under section 9-1206, subsection (3); |
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| | | (10)__A security interest in investment property created by a | | broker or securities intermediary; |
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| | | (11)__A security interest in a commodity contract or a | | commodity account created by a commodity intermediary; |
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| | | (12)__An assignment for the benefit of all creditors of the | | transferor and subsequent transfers by the assignee thereunder; | | and |
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| | | (13)__A security interest created by an assignment of a | | beneficial interest in a decedent's estate. |
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| | | 1. Source. Derived from former Sections 9-302(1), 9- | | 115(4)(c), (d), 9-116. |
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| | | 2. Automatic Perfection. This section contains the | | perfection-upon-attachment rules previously located in former | | Sections 9-302(1), 9-115(4)(c), (d), and 9-116 [Maine cite | | section 9-1302, subsection (1), section 9-115, subsection (4), | | paragraph (c) and (d), and section 9-1116]. Rather than continue | | to state the rule by indirection, this section explicitly | | provides for perfection upon attachment. |
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| | | 3. Purchase-Money Security Interest in Consumer Goods. | | Former Section 9-302(1)(d) has been revised and appears here as | | paragraph (1) [Maine cite paragraph (a)]. No filing or other | | step is required to perfect a purchase-money security interest in | | consumer goods, other than goods, such as automobiles, that are | | subject to a statute or treaty described in Section 9-311(a) | | [Maine cite section 9-1311, subsection (1)]. However, filing is | | required to perfect a non-purchase-money security interest in | | consumer goods and is necessary to prevent a buyer of consumer | | goods from taking free of a security interest under Section 9- | | 320(b) [Maine cite section 9-1320, subsection (2)]. A fixture | | filing is required for priority over conflicting interests in | | fixtures to the extent provided in Section 9-334 [Maine cite | | section 9-1334]. |
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| | | 4. Rights to Payment. Paragraph (2) [Maine cite paragraph | | (b)] expands upon former Section 9-302(1)(e) by affording | | automatic perfection to certain assignments of payment | | intangibles as well as accounts. The purpose of paragraph (2) | | [Maine cite paragraph (b)] is to save from ex post facto | | invalidation casual or isolated assignments-assignments which no |
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