(c) A security interest in investment property is perfected by control under AS 45.29.106 from the time the secured party obtains control and remains perfected by control until
- (1) the secured party does not have control; and
(2) one of the following occurs:
- (A) if the collateral is a certificated security, the debtor has or acquires possession of the security certificate;
- (B) if the collateral is an uncertificated security, the issuer has registered or registers the debtor as the registered owner; or
- (C) if the collateral is a security entitlement, the debtor is or becomes the entitlement holder.