Quimbee logo with url
Changes in Location

Changes in Location

Learn how to determine a debtor’s business location and how changes in that location can affect secured transactions.

Transcript

In this lesson, we’ll learn how to determine a debtor’s business location and how changes in that location can affect secured transactions.

I. General Choice-of-Law Rule 

If a debtor has locations in multiple states, choice-of-law problems can arise. A court may have to decide which state’s law to apply to resolve disputes. Article 9 provides choice-of-law rules to cover this situation. 

Location of Debtor

The debtor's location is the first thing to consider in a choice-of-law problem....