Título 11. COMMERCIAL CODE · Capítulo 9. · Artículo 9. SECURED TRANSACTIONS · Parte 3. PERFECTION AND PRIORITY
11-9-301. Law governing perfection and priority of security interests.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
Except as otherwise provided in Code Sections 11-9-303 through 11-9-306B, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral:
- (1)
Except as otherwise provided in this Code section, while a debtor is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in collateral;#
- (2)
While collateral is located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a possessory security interest in that collateral;#
- (3)
Except as otherwise provided in paragraph (4) of this Code section, while negotiable tangible documents, goods, instruments, or tangible money is located in a jurisdiction, the local law of that jurisdiction governs:#
- (A)
Perfection of a security interest in the goods by filing a fixture filing;#
- (B)
Perfection of a security interest in timber to be cut;#
- (C)
Perfection of a security interest in crops; and#
- (D)
The effect of perfection or nonperfection and the priority of a nonpossessory security interest in the collateral; and#
- (4)
The local law of the jurisdiction in which the wellhead or minehead is located governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in as-extracted collateral.#
History
Code 1981, § 11-9-301, enacted by Ga. L. 2001, p. 362, § 1; Ga. L. 2010, p. 481, § 2-23/HB 451; Ga. L. 2024, p. 817, § 5-51/HB 1240, effective July 1, 2024.
Amendments
The 2024 amendment, effective July 1, 2024, substituted “11-9-306B” for “11-9-306” in the introductory paragraph and, in paragraph (3), substituted “negotiable tangible” for “tangible negotiable” and substituted “or tangible money” for “money, or tangible chattel paper” in the middle.
Editor's notes
Ga. L. 2024, p. 817, § 1-1/HB 1240, not codified by the General Assembly, provides: “This Act shall be known and may be cited as the ‘Uniform Commercial Code Modernization Act of 2024.’” Ga. L. 2024, p. 817, § 1-2/HB 1240, not codified by the General Assembly, provides: “Nothing in this Act shall be construed to support, endorse, create, or implement a national digital currency.”
Leer la página oficial (el PDF del estado, abierto en la página de la que se leyó este texto).
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t11-(v9)-pdf.pdf, Volumen V9, edición 2022, suplemento de 2025, páginas 102 a 103; acción de fusión: replaced; SHA-256 del archivo df9393c4ba3b.