2010 New York Code
UCC - Uniform Commercial Code
Article 9 - SECURED TRANSACTIONS
Part 3 - PERFECTION AND PRIORITY
Sub Part 1 - (9-301 - 9-307) LAW GOVERNING PERFECTION AND PRIORITY
9-307 - Location of Debtor.

Section 9--307. Location of Debtor.
    (a) "Place  of business." In this section, "place of business" means a
  place where a debtor conducts its affairs.
    (b) Debtor's location: general rules. Except as otherwise provided  in
  this section, the following rules determine a debtor's location:
         (1) A  debtor who is an individual is located at the individual's
             principal residence.
         (2) A debtor that is an organization and has only  one  place  of
             business is located at its place of business.
         (3) A  debtor that is an organization and has more than one place
             of business is located at its chief executive office.
    (c) Limitation of applicability  of  subsection  (b).  Subsection  (b)
  applies  only  if  a  debtor's  residence,  place  of business, or chief
  executive office, as applicable, is located in a jurisdiction whose  law
  generally   requires   information   concerning   the   existence  of  a
  nonpossessory security interest to be  made  generally  available  in  a
  filing,  recording,  or  registration system as a condition or result of
  the security interest's obtaining priority over the  rights  of  a  lien
  creditor  with  respect  to  the  collateral. If subsection (b) does not
  apply, the debtor is located in the District of Columbia.
    (d) Continuation of location: cessation of existence,  etc.  A  person
  that  ceases  to  exist,  have  a residence, or have a place of business
  continues to be located in the  jurisdiction  specified  by  subsections
  (b) and (c).
    (e) Location  of  registered organization organized under state law. A
  registered organization that is organized under the law of  a  state  is
  located in that state.
    (f) Location  of  registered organization organized under federal law;
  bank branches and agencies. Except as otherwise provided  in  subsection
  (i),  a  registered  organization that is organized under the law of the
  United States and a branch or agency of a bank  that  is  not  organized
  under the law of the United States or a state are located:
         (1) in the state that the law of the United States designates, if
             the law designates a state of location;
         (2) in  the  state  that  the registered organization, branch, or
             agency designates, if the law of the United States authorizes
             the registered organization, branch, or agency  to  designate
             its state of location; or
         (3) in  the  District  of  Columbia, if neither paragraph (1) nor
             paragraph (2) applies.
    (g) Continuation  of  location:  change  in   status   of   registered
  organization.  A  registered organization continues to be located in the
  jurisdiction specified by subsection (e) or (f) notwithstanding:
         (1) the suspension,  revocation,  forfeiture,  or  lapse  of  the
             registered  organization's status as such in its jurisdiction
             of organization; or
         (2) the dissolution, winding up, or cancellation of the existence
             of the registered organization.
    (h) Location of United States. The United States  is  located  in  the
  District of Columbia.
    (i) Location  of foreign bank branch or agency if licensed in only one
  state. A branch or agency of a bank that is not organized under the  law
  of  the  United  States  or a state is located in the state in which the
  branch or agency is licensed, if all branches and agencies of  the  bank
  are licensed in only one state.
    (j) Location  of  foreign air carrier. A foreign air carrier under the
  Federal Aviation Act of 1958, as amended, is located at  the  designated

office  of the agent upon which service of process may be made on behalf
  of the carrier.
    (k) Section  applies  only to this part. This section applies only for
  purposes of this part.

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