382-A:13-305 Priority. –
(a) Determination of priority. Subject to subsections (b) and (c), this Article determines the priority of conflicting claims to collateral.
(b) Established priorities. Subject to subsection (c), if the relative priorities of claims to collateral were established before the effective date of this Article, Article 9 determines priority.
(c) Determination of certain priorities on adjustment date. On January 1, 2025, to the extent that the relative priorities determined by this Article modify the relative priorities established before the effective date of this Article, the relative priorities of claims to Article 12 property and electronic money which were established before the effective date of this Article cease to apply.
Source. 2022, 281:81, eff. Jan. 1, 2023.