PART 5. 
FILING



 



Subpart 1. 
Filing Office; Contents and



Effectiveness
of Financing Statement



 



§490:9-501  Filing office.  (a) 
Except as otherwise provided in subsection (b), if the local law of this State
governs perfection of a security interest or agricultural lien, the office in
which to file a financing statement to perfect the security interest or
agricultural lien is:



(1)  The office designated for the filing or recording
of a record of a mortgage on the related real property, if:



(A)  The collateral is as-extracted collateral
or timber to be cut; or



(B)  The financing statement is filed as a
fixture filing and the collateral is goods that are or are to become fixtures;
or



(2)  The bureau of conveyances, in all other cases,
including a case in which the collateral is goods that are or are to become
fixtures and the financing statement is not filed as a fixture filing.



(b)  The office in which to file a financing
statement to perfect a security interest in collateral, including fixtures, of
a transmitting utility is the bureau of conveyances.  The financing statement
also constitutes a fixture filing as to the collateral indicated in the
financing statement which is or is to become fixtures. [L 2000, c 241, pt of
§1]