Commercial Code - COM - COM § 9501

Summary

(a) Except as otherwise provided in subdivision (b), if the local law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is either of the following:

Text

(a)
Except as otherwise provided in subdivision (b), if the local law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is either of the following:
(1)
The office designated for the filing or recording of a record of a mortgage on the related real
property, if either of the following conditions is satisfied:
(A)
The collateral is as-extracted collateral or timber to be cut.
(B)
The financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures.
(2)
The office of the Secretary of State in all other cases, including a case in which the collateral is goods that are or are to become fixtures and the financing statement is not filed as a fixture filing.
(b)
The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the office of the Secretary of State. The financing statement also constitutes a fixture filing as to the collateral indicated in the financing statement
which is or is to become fixtures.

Retrieval chunks

• #1 | Commercial Code - COM - COM § 9501

  (a) Except as otherwise provided in subdivision (b), if the local law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is either of the following: (1) The office designated for the fi…