Com. Code, § 9306.2 · Chapter 3. Perfection and Priority
Com. Code, § 9306.2
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Except as provided in subdivision (b), the local law of the controllable electronic record’s jurisdiction specified in subdivisions (c) and (d) of Section 12107 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) The local law of the jurisdiction in which the debtor is located governs both of the following:
(1) Perfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing.
(2) Automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.
Notes and commentary — not statutory text
History
Added by Stats. 2023, Ch. 210, Sec. 40. (SB 95) Effective January 1, 2024.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=COM§ionNum=9306.2.
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- sha256 dd805c032bf35cf5c294a659921217d79d51f5f87107613519f7a91abea668cf
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- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
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Commercial Code
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