A security interest in consumer goods is always automatically perfected upon attachment.

Question

Quizplus · Accepted Answer

A security interest in consumer goods is often perfected upon attachment without further action (due to a provision for automatic perfection for consumer goods under UCC Article 9), but this is not always the case. There are exceptions and specific conditions that must be met, and not all types of consumer goods or security interests may qualify for automatic perfection.

A Security Interest in Consumer Goods Is Always Automatically Perfected