| (a)__The collateral is located in one jurisdiction and | subject to a security interest perfected under the law of | that jurisdiction; |
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| (b)__Thereafter the collateral is brought into another | jurisdiction; and |
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| (c)__Upon entry into the other jurisdiction, the security | interest is perfected under the law of the other | jurisdiction. |
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| | (4)__Except as otherwise provided in subsection (5), a | security interest in goods covered by a certificate of title that | is perfected by any method under the law of another jurisdiction | when the goods become covered by a certificate of title from this | State remains perfected until the security interest would have | become unperfected under the law of the other jurisdiction had | the goods not become so covered. |
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| | (5)__A security interest described in subsection (4) becomes | unperfected as against a purchaser of the goods for value and is | deemed never to have been perfected as against a purchaser of the | goods for value if the applicable requirements for perfection | under section 9-1311, subsection (2) or section 9-1313 are not | satisfied before the earlier of: |
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| (a)__The time the security interest would have become | unperfected under the law of the other jurisdiction had the | goods not become covered by a certificate of title from this | State; or |
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| (b)__The expiration of 4 months after the goods had become | so covered. |
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| | (6)__A security interest in deposit accounts, letter-of-credit | rights or investment property that is perfected under the law of | the bank's jurisdiction, the issuer's jurisdiction, a nominated | person's jurisdiction, the securities intermediary's jurisdiction | or the commodity intermediary's jurisdiction, as applicable, | remains perfected until the earlier of: |
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| (a)__The time the security interest would have become | unperfected under the law of that jurisdiction; or |
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| (b)__The expiration of 4 months after a change of the | applicable jurisdiction to another jurisdiction. |
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| | (7)__If a security interest described in subsection (6) | becomes perfected under the law of the other jurisdiction before |
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