ALVIN B. RUBIN, Circuit Judge:
The issue is whether a Keogh retirement plan, created to comply with federal tax law, is an intangible on which a security lien may be created pursuant to Article 9 of the Uniform Commercial Code. We hold that it is, and, therefore, reverse the district court's judgment that a Keogh plan is a "bank deposit" excepted from Article 9.
I.
Dr. John Nix borrowed $50,000 from First National Bank on September 17, 1982, executing...
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