Arizona § 47-9325 Priority of security interests in transferred collateral

Arizona Statutes

§ 47-9325 — Priority of security interests in transferred collateral

Arizona § 47-9325

Title 47Arizona Revised Statutes

Ch. 9SECURED TRANSACTIONS

Art. 3Perfection and Priority

This text of Arizona § 47-9325 (Priority of security interests in transferred collateral) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 47-9325 (2026).

Text

A.Except as otherwise provided in subsection B of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

1.The debtor acquired the collateral subject to the security interest created by the other person;

2.The security interest created by the other person was perfected when the debtor acquired the collateral; and

3.There is no period thereafter when the security interest is unperfected.

B.Subsection A of this section subordinates a security interest only if the security interest:

1.Otherwise would have priority solely under section 47-9322, subsection A or section 47-9324; or

2.Arose solely under section 47-2711, subsection C or section 47-2A508, subsection E.

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A. Except as otherwise provided in subsection B of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

1. The debtor acquired the collateral subject to the security interest created by the other person;

2. The security interest created by the other person was perfected when the debtor acquired the collateral; and

3. There is no period thereafter when the security interest is unperfected.

B. Subsection A of this section subordinates a security interest only if the security interest:

1. Otherwise would have priority solely under section 47-9322, subsection A or section 47-9324; or

2. Arose solely under section 47-2711, subsection C or section 47-2A508, subsection E.