Idaho State Statutes - Idaho Attorney Directory

Except as otherwise provided in sections 28-9-303 through 28-9-306, the
following rules determine the law governing perfection, the effect of
perfection or nonperfection, and the priority of a security interest in
collateral:
(1) Except as otherwise provided in this section, while a debtor is
located in a jurisdiction, the local law of that jurisdiction governs
perfection, the effect of perfection or nonperfection, and the priority of a
security interest in collateral.
(2) While collateral is located in a jurisdiction, the local law of that
jurisdiction governs perfection, the effect of perfection or nonperfection,
and the priority of a possessory security interest in that collateral.
(3) Except as otherwise provided in subsection (4) of this section, while
tangible negotiable documents, goods, instruments, money or tangible chattel
paper is located in a jurisdiction, the local law of that jurisdiction
governs:
(A) Perfection of a security interest in the goods by filing a fixture
filing;
(B) Perfection of a security interest in timber to be cut; and
(C) The effect of perfection or nonperfection and the priority of a
nonpossessory security interest in the collateral.
(4) The local law of the jurisdiction in which the wellhead or minehead
is located governs perfection, the effect of perfection or nonperfection, and
the priority of a security interest in as-extracted collateral.

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