There Is a Newer Version
of
the Pennsylvania Consolidated Statutes
2012 Pennsylvania Consolidated Statutes
Title 13 - COMMERCIAL CODE
Chapter 93 - Perfection and Priority
Section 9303 - Law governing perfection and priority of security interests in goods covered by certificate of title
§ 9303. Law governing perfection and priority of security
interests in goods covered by certificate of title.
(a) Applicability of section.--This section applies to goods
covered by a certificate of title even if there is no other
relationship between the jurisdiction under whose certificate of
title the goods are covered and the goods or the debtor.
(b) When goods covered by certificate of title.--Goods
become covered by a certificate of title when a valid
application for the certificate of title and the applicable fee
are delivered to the appropriate authority. Goods cease to be
covered by a certificate of title at the earlier of the time the
certificate of title ceases to be effective under the law of the
issuing jurisdiction or the time the goods become covered
subsequently by a certificate of title issued by another
jurisdiction.
(c) Applicable law.--The local law of the jurisdiction under
whose certificate of title the goods are covered governs
perfection, the effect of perfection or nonperfection and the
priority of a security interest in goods covered by a
certificate of title from the time the goods become covered by
the certificate of title until the goods cease to be covered by
the certificate of title.
Cross References. Section 9303 is referred to in section
9301 of this title.
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