Georgia § 11-9-306b Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles

Georgia Statutes

§ 11-9-306b — Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles

Georgia § 11-9-306b

Title11

This text of Georgia § 11-9-306b (Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 11-9-306b (2026).

Text

(a)Governing law: general rules. Except as provided in subsection (b) of this Code section, the local law of the controllable electronic record's jurisdiction specified in subsections (c) and (d) of Code Section 11-12-107 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) Autom

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Governing law: general rules. Except as provided in subsection (b) of this Code section, the local law of the controllable electronic record's jurisdiction specified in subsections (c) and (d) of Code Section 11-12-107 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.