§ 41-09-23 — (9-303) Law governing perfection and priority of security interests in goods covered by a certificate of title

covered by a certificate of title.
1. This section applies to goods covered by a certificate of title, even if there is no other
relationship between the jurisdiction under whose certificate of title the goods are
covered and the goods or the debtor.
2. Goods become covered by a certificate of title when a valid application for the
certificate of title and the applicable fee are delivered to the appropriate authority.
Goods cease to be covered by a certificate of title at the earlier of the time the
certificate of title ceases to be effective under the law of the issuing jurisdiction or the
time the goods become covered subsequently by a certificate of title issued by another
jurisdiction.
3. The local law of the jurisdiction under whose certificate of title the goods are covered
governs perfection, the effect of perfection or nonperfection, and the priority of a
security interest in goods covered by a certificate of title from the time the goods
become covered by the certificate of title until the goods cease to be covered by the
certificate of title.