(A) With respect to any security interest to which this chapter applies, except as provided elsewhere in this section, the rights and obligations of any person shall be governed as if the California UCC applied fully thereto, including those rights and obligations related to enforcement of a security interest or arising after a default.

(B) Except as provided elsewhere in this section, the perfection, effect of perfection or nonperfection and priority of any security interest to which this chapter applies shall be determined as if the California UCC applied fully thereto.

(C) Notwithstanding any provision of the California UCC or this chapter to the contrary, a security interest granted by a Tribal party in pledged revenues shall be created and attach upon the giving of value and the granting of such security interest in a writing executed by that Tribal party. Such security interest may be perfected only by the filing of an initial financing statement in the same manner and in the same location as if all such pledged revenues were accounts.

(D) For avoidance of doubt, no UCC financing statement shall be required to be filed with the Tribe or the District of Columbia, nor shall any filing, if filed, be effective. [Res. 16-R-119 § 4, 7/14/2016.]