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United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:9-306.2

This section says which law governs perfection and priority of certain security interests, with an exception for filing and automatic perfection rules tied to the debtor’s location.

perfectionprioritysecurity interests
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United States — Louisiana
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“This section says which law governs perfection and priority of certain security interests, with an exception for filing and automatic perfection rules tied to the debtor’s location.”

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RS 10:9-306.2

This section says which law governs perfection and priority of certain security interests, with an exception for filing and automatic perfection rules tied to the debtor’s location.

Section 10:9-306.2

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§ 10:9-306.2RS 10:9-306.2Provision

This section says which law governs perfection and priority of certain security interests, with an exception for filing and automatic perfection rules tied to the debtor’s location.

§9-306.2. Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles (a) Governing law: general rules. Except as provided in Subsection (b) of this Section, the local law of the controllable electronic record's jurisdiction specified in R.S. 10:12-107(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. (b) When perfection governed by law of jurisdiction where debtor located. 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. Acts 2024, No. 773, §1.
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