{"data":{"id":"us-nc/n.c.-gen.-stat.-25-9-306.2","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 25-9-306.2","heading":"Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles.","body":"(a)\tGeneral Rules for Governing Law. - Except as provided in subsection (b) of this section, the local law of the controllable electronic record's jurisdiction specified in G.S. 25-12-107(c) and (d) 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.\n(b)\tWhen Perfection Governed by Law of Jurisdiction Where Debtor Located. - The local law of the jurisdiction in which the debtor is located governs both of the following:\n(1)\tPerfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing.\n(2)\tAutomatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible. (2025-25, s. 74.)","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_25-9-306.2.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T17:58:47Z","sha256":"fe6596e11e13176645e031fd9196d9cfdb1f99bfe350a8aff4f4c16ca278bc45","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-25-9-306.1","next":"us-nc/n.c.-gen.-stat.-25-9-307"},"notice":"GroundRules: Original legal text. Not legal advice."}