SUBTITLE 3. PERFECTION AND PRIORITY.
9-301. LAW GOVERNING PERFECTION AND PRIORITY OF SECURITY INTERESTS.

EXCEPT AS OTHERWISE PROVIDED IN §§ 9-303 THROUGH 9-306, 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 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), WHILE
NEGOTIABLE DOCUMENTS, GOODS, INSTRUMENTS, MONEY, OR TANGIBLE CHATTEL
PAPER 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;

AND

(C) THE EFFECT OF PERFECTION OR NONPERFECTION AND THE
PRIORITY OF A NONPOSSESSORY SECURITY INTEREST IN THE COLLATERAL.

(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.

9-302. LAW GOVERNING PERFECTION AND PRIORITY OF AGRICULTURAL LIENS.

WHILE FARM PRODUCTS ARE LOCATED IN A JURISDICTION, THE LOCAL LAW OF
THAT JURISDICTION GOVERNS PERFECTION, THE EFFECT OF PERFECTION OR
NONPERFECTION, AND THE PRIORITY OF AN AGRICULTURAL LIEN ON THE FARM
PRODUCTS.

9-303. LAW GOVERNING PERFECTION AND PRIORITY OF SECURITY INTERESTS IN
GOODS COVERED BY CERTIFICATE OF TITLE.

(A) 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.