D.C. Code § 28:9-306B: Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles.
Where this section sits in the code
- Title 28. Commercial Instruments and Transactions. [Enacted title]
- Subtitle I. Uniform Commercial Code.
- Article 9. Secured Transactions.
- Part III. Perfection and Priority.
- Subpart 1. Law Governing Perfection and Priority.
(a)
Except as provided in subsection (b) of this section, the local law of the controllable electronic record's jurisdiction specified in § 28:12-107(c) governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a controllable electronic record and a security interest in a controllable account or controllable payment intangible evidenced by the controllable electronic record.
(b)
The local law of the jurisdiction in which the debtor is located governs:
(1)
Perfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing; and
(2)
Automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.
Collected 2026-08-29T05:44:07Z. Source file · JSON