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![handle is hein.nccusl/nccpub00995 and id is 1 raw text is: 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.
(2) An account debtor, debtor, or secured party that is an individual or
organization that has only one place of business is located at its place of
business.](ViewImageLocal?handle=hein.nccusl/nccpub00995&div=1&collection=&method=preview&ext=.png&size=3)