§9-1301. Law governing perfection and priority of security interests Except as otherwise provided in sections 9‑1303 through 9‑1306, the following rules determine the law governing perfection, the effect of perfection or nonperfection and the priority of a security interest in collateral. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. […]
§9-1302. Law governing perfection and priority of agricultural liens 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. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, […]
§9-1303. Law governing perfection and priority of security interests in goods covered by certificate of title (1). This 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. [PL […]
§9-1304. Law governing perfection and priority of security interests in deposit accounts (1). 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. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. […]
§9-1305. Law governing perfection and priority of security interests in investment property (1). Except as otherwise provided in subsection (3), the following rules apply. (a). 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 […]
§9-1306. Law governing perfection and priority of security interests in letter-of-credit rights (1). Subject to subsection (3), 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 person’s […]
§9-1307. Location of debtor (1). In this section, “place of business” means a place where a debtor conducts its affairs. [PL 1999, c. 699, Pt. A, §2 (NEW); PL 1999, c. 699, Pt. A, §4 (AFF).] (2). Except as otherwise provided in this section, the following rules determine a debtor’s location. (a). A […]
