1. The law of a banks jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in a deposit account maintained with that bank, even if a transaction does not bear any relation to the banks jurisdiction. 2. The following rules determine a banks jurisdiction for purposes of this part: (a) If an agreement between the bank and the debtor governing the deposit account expressly provides that a particular jurisdiction is the banks jurisdiction for purposes of this part, this article or the Uniform Commercial Code, that jurisdiction is the banks jurisdiction. (b) If paragraph (a) does not apply and an agreement between the bank and its customer governing the deposit account expressly provides that the agreement is governed by the law of a particular jurisdiction, that jurisdiction is the banks jurisdiction. (c) If neither paragraph (a) nor paragraph (b) applies and an agreement between the bank and its customer governing the deposit account expressly provides that the deposit account is maintained at an office in a particular jurisdiction, that jurisdiction is the banks jurisdiction. (d) If neither paragraph (a) nor paragraph (b) nor paragraph (c) applies, the banks jurisdiction is the jurisdiction in which the office identified in an account statement as the office serving the customers account is located. (e) If none of the preceding paragraphs applies, the banks jurisdiction is the jurisdiction in which the chief executive office of the bank is located.
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