(c) Investment property: Time of perfection by control; continuation of perfection. A security interest in investment property is perfected by control under section 9-106 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.