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![handle is hein.nccusl/nccpub00973 and id is 1 raw text is: HISTORICAL DRAFT OF UCC ARTICLE 9 AMENDMENTS
CONSIDERED BY THE COMMITTEE
Draft - July 27, 2006
§ 9-301
(5) This section is subject to Section 9-307A.
Drafting Note: We might consider making the existing subsections (1) (4) a subsection
(a) and making new subsection (5) a subsection (b) .
§ 9-307
(1) [Special rule for certain (international) transactions] This section is subject
to Section 9-307A.
Drafting Note: There was a suggestion at the meeting to change the subject to
language in 9-301 and 9-307 to something like to the extent; other existing uses of
subject to in Article 9 use that phrase with an implicit to the extent so I have not
changed the language here. See e.g. 9-201(b), 9-203(c), 9-210(b), 9-306(a).
§ 9-307A. Special Rules (International) for Security Interests in Certain Rights to
Payment
(a) [Definitions] In this section:
(1) place of business has the meaning given to that phrase in section 9-
307(a); and
(2) territorial unit means a province or territory of Canada or a State.
Drafting Note: Reference to Mixico deleted because commercial law is at
federal level in Mixico.
(b) [Location of persons] For purposes of this section, the following rules apply:
(1) An account debtor, debtor, or secured party that is an individual who
does not have a place of business is located at the individual's principal
residence.](ViewImageLocal?handle=hein.nccusl/nccpub00973&div=1&collection=&method=preview&ext=.png&size=3)