{"data":{"id":"us-nd/n.d.-cent.-code-41-09-26.2","jurisdiction":"us-nd","citation":"N.D. Cent. Code § 41-09-26.2","heading":"(9-306B) Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles","body":"1.Except as provided in subsection 2, the local law of the controllable electronic record's jurisdiction specified in subsections 3 and 4 of section 41-12-07 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.\n2.The local law of the jurisdiction in which the debtor is located governs:\na.Perfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing; and\nb.Automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.","path":["Title 41 Uniform Commercial Code","Chapter 41-09 Secured Transactions"],"source_url":"https://ndlegis.gov/cencode/t41c09.pdf","current_through":"2026-07-31T11:12:02","vintage":"","retrieved_at":"2026-09-02T21:04:14Z","sha256":"062506992dc6dab1db125c36c7412e70cf3e204e5d476d04e5742b1e464a5ee0","source_id":"us-nd","stale":true,"prev":"us-nd/n.d.-cent.-code-41-09-26.1","next":"us-nd/n.d.-cent.-code-41-09-27"},"notice":"GroundRules: Original legal text. Not legal advice."}