1. Except as provided in subsection 2, the local law of the controllable electronic record's jurisdiction specified in subsections 3 and 4 of section 41-12-07 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.