Which of the following is NOT required for attachment?

• A. The secured party extends value
• B. The debtor has rights in the collateral
• C. There is an authenticated record identifying the collateral
• D. The secured party has the original title to the collateral

Answer: (D)

Attachment creates a security interest against the debtor only once three things are in place: value has been given by the secured party, the debtor has rights in the collateral, and there is a security agreement that describes the collateral and is authenticated by the debtor (or the collateral is in the secured party’s possession under an agreement). An authenticated record identifying the collateral is a valid way to satisfy that security agreement requirement, so that part is required. The secured party having the original title to the collateral is not required for attachment—title may matter for perfection or for specific collateral regimes, but it’s not part of the attachment basics. For example, lending money to buy a car and taking a security interest attaches once you’ve given value, the borrower owns or has rights in the car, and there’s an authenticated security agreement describing the car (or you have possession under an agreement).