Except as otherwise provided in Code Sections 11-9-303 through 11-9-306, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral: Except as otherwise provided in this Code section, while a debtor is located in a jurisdiction, the local law of that jurisdiction […]
While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of an agricultural lien on the farm products. History. Code 1981, § 11-9-302 , enacted by Ga. L. 2001, p. 362, § 1.
Applicability of Code section. This Code section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose certificate of title the goods are covered and the goods or the debtor. When goods covered by certificate of title. Goods become covered by a […]
Law of bank’s jurisdiction governs. 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. Bank’s jurisdiction. The following rules determine a bank’s jurisdiction for purposes of this part: If an agreement between […]
Governing law; general rules. Except as otherwise provided in subsection (c) of this Code section, the following rules apply: While a security certificate is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in the certificated security represented […]
Governing law; issuer’s or nominated person’s jurisdiction. Subject to subsection (c) of this Code section, the local law of the issuer’s jurisdiction or a nominated person’s jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a letter of credit right if the issuer’s jurisdiction or nominated […]
“Place of business.” As used in this Code section, the term “place of business” means a place where a debtor conducts its affairs. Debtor’s location; general rules. Except as otherwise provided in this Code section, the following rules determine a debtor’s location: A debtor who is an individual is located at the individual’s […]
