12A:9-501. Filing Office.

   (a)   Filing offices. 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 Division of Commercial Recording or other office designated by Executive Order, 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)   Filing office for transmitting utilities. The office in which to file a financing statement to perfect a security interest in collateral, including fixtures, of a transmitting utility is the Division of Commercial Recording or other office designated by Executive Order. 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.2001, c.117, s.1; amended 2001, c.386, s.66.