(1) Except as provided in subsection (2), the local law of the controllable electronic record's jurisdiction specified in 30-12A-107 (3) and (4) governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a controllable electronic record and a security interest in a controllable account or controllable payment intangible evidenced by the controllable electronic record.
(2) The local law of the jurisdiction in which the debtor is located governs:
(a) perfection of a security interest in a controllable account, controllable electronic record, or controllable payment intangible by filing; and
(b) automatic perfection of a security interest in a controllable payment intangible created by a sale of the controllable payment intangible.