West Virginia Statutes

§ 46-9-307 — Location of debtor

West Virginia·Ch. 46 UNIFORM COMMERCIAL CODE·Art. 9 SECURED TRANSACTIONS; SALES OF ACCOUNTS AND CHATTEL PAPER
(a)"Place of business." -- In this section, "place of business" means a place where a debtor conducts its affairs.
(b)Debtor's location: general rules. -- Except as otherwise provided in this section, the following rules determine a debtor's location:
(1)A debtor who is an individual is located at the individual's principal residence.
(2)A debtor that is an organization and has only one place of business is located at its place of business.
(3)A debtor that is an organization and has more than one place of business is located at its chief executive office.
(c)Limitation of applicability of subsection (b). -- Subsection (b) of this section applies only if a debtor's residence, place of business or chief executive office, as applicable, is located in a jurisdiction whose law gener

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Legislative History

2012 Reg. Sess., HB4251; 2000 Reg. Sess., SB469; 1987 Reg. Sess., HB2892; 1974 Reg. Sess., SB60

Nearby Sections

15
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