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Home » US Law » 2022 West Virginia Code » Chapter 46. Uniform Commercial Code » Article 9. Secured Transactions; Sales of Accounts and Chattel Paper » §46-9-304. Law Governing Perfection and Priority of Security Interests in Deposit Accounts

(a) The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank.

(b) Bank's jurisdiction. The following rules determine a bank's jurisdiction for purposes of this part:

(1) If an agreement between the bank and the debtor governing the deposit account expressly provides that a particular jurisdiction is the bank's jurisdiction for purposes of this part, this article, or the Uniform Commercial Code, that jurisdiction is the bank's jurisdiction.