Law governing perfection and priority of security interests in controllable accounts, controllable electronic records, and controllable payment intangibles.
Del. Code tit. 6, § 9-306B
in effect(a) Governing law: general rules. —
Except as provided in subsection (b), the local law of the controllable electronic record’s jurisdiction specified in Section 12-107(c) and (d) governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a controllable electronic record and a security interest in a controllable account or controllable payment intangible evidenced by the controllable electronic record.
(b) When perfection governed by law of jurisdiction where debtor located. —
The local law of the jurisdiction in which the debtor is located governs:
(1) perfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing; and
(2) automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.
Source: DE Code (Official Site)URL: https://delcode.delaware.gov/title6/c009/sc03/index.htmlFetched: 10/4/2026