The creation and publicity of a non-possessory security right over tangible property are governed by the law of the State in which the grantor is located, but the priority of such a security right is governed by the law of the State in which the encumbered asset is located.
有形财产上非占有式担保权的设定和公示，受设押所在国的法律管辖，但是，此种担保权的优先权受设押资产所在国的法律管辖。