Montana Statutes

§ 30-9A-307 — Location Of Debtor

Montana·Title 30 TRADE AND COMMERCE·Ch. 9A UNIFORM COMMERCIAL CODE SECURED TRANSACTIONS·Part 3 Perfection and Priority

30-9A-307 . Location of debtor.

(1)In this section, "place of business" means a place where a debtor conducts its affairs.
(2)Except as otherwise provided in this section, the following rules determine a debtor's location:
(a)A debtor who is an individual is located at the individual's residence.
(b)A debtor that is an organization and has only one place of business is located at its place of business.
(c)A debtor that is an organization and has more than one place of business is located at its chief executive office.
(3)Subsection (2) applies only if a debtor's residence, place of business, or chief executive office, as applicable, is located in a jurisdiction whose law generally requires information concerning the existence of a nonpossessory security interest to be made generally

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Legislative History

En. Sec. 26, Ch. 305, L. 1999; Sec. 30-9-327 , MCA 1999; redes. 30-9A-307 by Code Commissioner, 2001; amd. Sec. 4, Ch. 75, L. 2013.

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