72-3-113. Rules for determining location of property. (1) For the purpose of aiding determinations concerning location of assets which may be relevant in cases involving nondomiciliaries, a debt, other than one evidenced by investment or commercial paper or other instrument in favor of a nondomiciliary, is located where the debtor resides or, if the debtor is a person other than an individual, at the place where it has its principal office.
(2) Commercial paper, investment paper, and other instruments are located where the instrument is.
(3) An interest in property held in trust is located where the trustee may be sued.