This legal document, governed by the Minnesota Statutes under the Uniform Commercial Code, specifically section 336.9-309, outlines the types of security interests that are considered perfected upon attachment. The document lists various scenarios where security interests are automatically perfected, such as purchase-money security interests in consumer goods, assignments of accounts or payment intangibles that do not transfer a significant part of the assignor’s outstanding accounts, sales of payment intangibles or promissory notes, security interests created by the assignment of health-care-insurance receivables, and more.

This legal document, part of the Minnesota Statutes’ Uniform Commercial Code, addresses the requirements for filing to perfect security interests and agricultural liens. In general, a financing statement must be filed to perfect these interests, unless specific exemptions apply. The exemptions include security interests that are perfected through other means, such as possession or control, and certain types of collateral. The document also clarifies that the assignment of a perfected security interest or agricultural lien does not require a new filing to maintain its perfected status against creditors and transferees.

This legal document, under the Minnesota Statutes, specifically under the Uniform Commercial Code, addresses the perfection of security interests in property subject to certain statutes, regulations, and treaties. It states that filing a financing statement is not necessary or effective to perfect a security interest in property subject to specified laws and regulations. Compliance with the requirements of the relevant laws and regulations for obtaining priority over the rights of a lien creditor is equivalent to filing a financing statement.

This legal document, governed by the Minnesota Statutes under the Uniform Commercial Code, addresses the perfection of security interests in various types of collateral. It allows for the perfection of security interests in chattel paper, negotiable documents, instruments, and investment property through filing. However, for deposit accounts, letter of credit rights, and money, perfection can only be achieved through control or possession. The document also outlines the methods of perfection for goods covered by negotiable and nonnegotiable documents while in the possession of a bailee.

This legal document, under the Minnesota Statutes, specifically under the Uniform Commercial Code, addresses the perfection of security interests without filing. It states that a secured party can perfect a security interest in tangible negotiable documents, goods, instruments, money, or tangible chattel paper by taking possession of the collateral. Additionally, a secured party can perfect a security interest in certificated securities by taking delivery of the certificated securities. However, for goods covered by a certificate of title issued by the state, a secured party can only perfect a security interest by taking possession of the goods in specific circumstances described in section 336.

This legal document, under the Minnesota Statutes, specifically under the Uniform Commercial Code, addresses the concept of perfection by control of security interests. It states that a security interest in investment property, deposit accounts, letter of credit rights, electronic chattel paper, or electronic documents can be perfected by control. The document outlines the specific sections under which control can be obtained and retained. It distinguishes between different types of collateral, such as deposit accounts, electronic chattel paper, letter of credit rights, electronic documents, and investment property, and explains the time of perfection by control and the continuation of perfection for each type.

This legal document, governed by the Minnesota Statutes under the Uniform Commercial Code, addresses the rights of secured parties and agricultural lienholders regarding the disposition of collateral and the proceeds derived from such disposition. It states that a security interest or agricultural lien continues in collateral even after its sale, lease, license, exchange, or other disposition, unless the secured party authorized the disposition free of the security interest or agricultural lien.

This legal document, section 336.9-316 of the Minnesota Statutes, addresses the effect of a change in governing law on the perfection of security interests. It applies to creditors and debtors who have security interests in collateral. According to the document, a security interest remains perfected until the earliest of three events: the time perfection would have ceased under the law of the designated jurisdiction, the expiration of four months after a change of the debtor’s location to another jurisdiction, or the expiration of one year after a transfer of collateral to a person located in another jurisdiction.

This legal document, governed by the Minnesota Statutes under the Uniform Commercial Code, addresses the interests that take priority over or take free of security interest or agricultural lien. It states that a security interest or agricultural lien is subordinate to the rights of persons entitled to priority under section 336.9-322 and lien creditors who become lien creditors before the security interest or agricultural lien is perfected or a financing statement is filed.

336.9-318 MS 1998 [Repealed, 2000 c 399 art 1 s 140] 336.9-318 NO INTEREST RETAINED IN RIGHT TO PAYMENT THAT IS SOLD; RIGHTS AND TITLE OF SELLER OF ACCOUNT OR CHATTEL PAPER WITH RESPECT TO CREDITORS AND PURCHASERS. (a) Seller retains no interest. A debtor that has sold an account, chattel paper, payment intangible, or promissory note does not retain a legal or equitable interest in the collateral sold. (b) Deemed rights of debtor if buyer’s security interest unperfected.