Arizona Statutes
§ 47-9326 — Priority of security interests created by new debtor
A.Subject to subsection B of this section, a security interest that is created by a new debtor in collateral in which the new debtor has or acquires rights and is perfected solely by a filed financing statement that would be ineffective to perfect the security interest but for the application of section 47-9316, subsection I, paragraph 1 or section 47-9508 is subordinate to a security interest in the same collateral that is perfected other than by such a filed financing statement.
B.The other provisions of this article determine the priority among conflicting security interests in the same collateral perfected by filed financing statements described in subsection A of this section. However, if the security agreements to which a new debtor became bound as debtor were not entered into by
Free access — add to your briefcase to read the full text and ask questions with AI
Arizona § 47-9326 (Priority of security interests created by new debtor) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
Presumptions