{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-301","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-301","heading":"Law governing perfection and priority of security interests.","body":"Except as otherwise provided in G.S. 25-9-303 through G.S. 25-9-306.2, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral:\n(1)\tExcept as otherwise provided in this section, while a debtor 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 collateral.\n(2)\tWhile collateral is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a possessory security interest in that collateral.\n(3)\tExcept as otherwise provided in subdivision (4) of this section, while negotiable tangible documents, goods, instruments, or tangible money is located in a jurisdiction, the local law of that jurisdiction governs all of the following:\na.\tPerfection of a security interest in the goods by filing a fixture filing.\nb.\tPerfection of a security interest in timber to be cut.\nc.\tThe effect of perfection or nonperfection and the priority of a nonpossessory security interest in the collateral.\n(4)\tThe local law of the jurisdiction in which the wellhead or minehead is located governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in as-extracted collateral. (1945, c. 196, s. 2; 1957, c. 564; 1965, c. 700, s. 1; 1967, c. 562, s. 1; 1975, c. 862, s. 7; 1989 (Reg. Sess., 1990), c. 1024, s. 8(e), (f); 1997-181, s. 2; 1999-73, s. 4(a), (b); 2000-169, s. 1; 2006-112, s. 48; 2025-25, s. 70.)","path":["Chapter 25. Uniform Commercial Code.","Article 9. Secured Transactions.","Part 3. Perfection and Priority."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_25/GS_25-9-301.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"e6214d9e4aefa88059552d4beb7640a7671dec01fab8416e47fb2093bf0c572f","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-210","next":"us-nc/n.c.-gen.-stat.-25-9-302"},"notice":"GroundRules: Original legal text. Not legal advice."}