Restatement (Second) of Conflict of Laws § 245
Definition
The law of the situs of chattel at the time an interest in the chattel is transferred will usually be used to determine the effect of the conveyance on a preexisting interest in the chattel.
The law of the situs of chattel at the time an interest in the chattel is transferred will usually be used to determine the effect of the conveyance on a preexisting interest in the chattel.