New Jersey § 12a:9-301
Full text of New Jersey New Jersey Statutes § 12a:9-301, with citation guidance and answers to common questions.
§ 12a:9-301.
Except as otherwise provided in sections 12A:9-303 through 12A: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 tangible 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. (5) Notwithstanding paragraph (1), the local law of this State shall govern the perfection,
the effect of perfection or nonperfection, and the priority of a security interest
in bondable transition property.
Frequently Asked Questions About New Jersey § 12a:9-301
What does New Jersey Statutes § 12a:9-301 cover?
Section 12a:9-301 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:9-301?
A common citation format is "New Jersey Statutes § 12a:9-301" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:9-301 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.