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Code · California · Commercial Code

§ 9501

201 words·~1 min read·/ca/commercial-code/9501

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(a)Except as otherwise provided in subdivision (b), if the local law of this state governs perfection of a security interest or agricultural lien, the office in which to file a financing statement to perfect the security interest or agricultural lien is either of the following:
(1)The office designated for the filing or recording of a record of a mortgage on the related real property, if either of the following conditions is satisfied:
(A)The collateral is as-extracted collateral or timber to be cut.
(B)The financing statement is filed as a fixture filing and the collateral is goods that are or are to become fixtures.
(2)The office of the Secretary of State in all other cases, including a case in which the collateral is goods that are or are to become fixtures and the financing statement is not filed as a fixture filing.
(b)The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the office of the Secretary of State. The financing statement also constitutes a fixture filing as to the collateral indicated in the financing statement which is or is to become fixtures.
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