KRS 355.9-3062: Law governing perfection and priority of security interests in

controllable accounts, controllable electronic records, and controllable

payment intangibles.

(1) Except as provided in subsection (2) of this section, the local law of the controllable

electronic record's jurisdiction specified in KRS 355.12 -107(3) and (4) 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.

(2) The local law of the jurisdiction in which the debtor is located governs:

(a) Perfection of a security interest in a controllable account, controll able

electronic record, or controllable payment intangible by filing; and

(b) Automatic perfection of a security interest in a controllable payment

intangible created by a sale of the controllable payment intangible.