LD 2245
pg. 133
Page 132 of 493 An Act to Adopt the Model Revised Article 9 Secured Transactions Page 134 of 493
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LR 1087
Item 1

 
organized under the law of the United States or a state are
located:

 
(a)__In the state that the law of the United States
designates, if the law designates a state of location;

 
(b)__In the state that the registered organization, branch
or agency designates, if the law of the United States
authorizes the registered organization, branch or agency to
designate its state of location; or

 
(c)__In the District of Columbia, if neither paragraph (a)
nor paragraph (b) applies.

 
(7)__A registered organization continues to be located in the
jurisdiction specified by subsection (5) or (6) notwithstanding:

 
(a)__The suspension, revocation, forfeiture or lapse of the
registered organization's status as such in its jurisdiction
of organization; or

 
(b)__The dissolution, winding up or cancellation of the
existence of the registered organization.

 
(8)__The United States is located in the District of Columbia.

 
(9)__A branch or agency of a bank that is not organized under
the law of the United States or a state is located in the state
in which the branch or agency is licensed if all branches and
agencies of the bank are licensed in only one state.

 
(10)__A foreign air carrier under the Federal Aviation Act of
1958, as amended, is located at the designated office of the
agent upon which service of process may be made on behalf of the
carrier.

 
(11)__This section applies only for purposes of this Part.

 
Official Comment

 
1. Source. Former Section 9-103(3)(d), substantially
revised.

 
2. General Rules. As a general matter, the location of the
debtor determines the jurisdiction whose law governs perfection
of a security interest. See Sections 9-301(1) [Maine cite
section 9-1301, subsection (1)], 9-305(c) [Maine cite section


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