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California Commercial Code Section 9307

Legal Research Home > California Laws > Commercial Code > California Commercial Code Section 9307

(a) In this section, "place of business" means a place where
a debtor conducts its affairs.
   (b) 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) Subdivision (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
subdivision (b) does not apply, the debtor is located in the
District of Columbia.
   (d) A person that ceases to exist, have a residence, or have a
place of business continues to be located in the jurisdiction
specified by subdivisions (b) and (c).
   (e) A registered organization that is organized under the law of a
state is located in that state.
   (f) Except as otherwise provided in subdivision (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 in any of the following
jurisdictions:
   (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.
   (3) In the District of Columbia, if neither paragraph (1) nor
paragraph (2) applies.
   (g) A registered organization continues to be located in the
jurisdiction specified by subdivision (e) or (f) notwithstanding
either of the following:
   (1) The suspension, revocation, forfeiture, or lapse of the
registered organization's status as such in its jurisdiction of
organization.
   (2) The dissolution, winding up, or cancellation of the existence
of the registered organization.
   (h) The United States is located in the District of Columbia.
   (i) 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) 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) This section applies only for purposes of this chapter.

Last modified: February 13, 2012