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State Statutes - Idaho - Title 28 - Chapter 9 - 28-9-307
Idaho Statutes
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28-9-307 - LOCATION OF DEBTOR
(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 (1) place of
business is located at its place of business.
(3) A debtor that is an organization and has more than one (1) place of
business is located at its chief executive office.
(c) Subsection (b) of this section 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 subsection (b) of this section 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 subsections
(b) and (c) of this section.
(e) A registered organization that is organized under the law of a state
is located in that state.
(f) Except as otherwise provided in subsection (i) of this section, 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:
(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; or
(3) In the District of Columbia, if neither paragraph (1) nor paragraph
(2) of this subsection applies.
(g) A registered organization continues to be located in the jurisdiction
specified by subsection (e) or (f) of this section notwithstanding:
(1) The suspension, revocation, forfeiture or lapse of the registered
organization's status as such in its jurisdiction of organization; or
(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 (1) 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 part.
 
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