Arizona § 47-9338 Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information

Arizona Statutes

§ 47-9338 — Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information

Arizona § 47-9338

Title 47Arizona Revised Statutes

Ch. 9SECURED TRANSACTIONS

Art. 3Perfection and Priority

This text of Arizona § 47-9338 (Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information) 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. § 47-9338 (2026).

Text

If a security interest or agricultural lien is perfected by a filed financing statement providing information that is described in section 47-9516, subsection B, paragraph 5 and that is incorrect at the time the financing statement is filed:

1.The security interest or agricultural lien is subordinate to a conflicting perfected security interest in the collateral to the extent that the holder of the conflicting security interest gives value in reasonable reliance on the incorrect information; and

2.A purchaser, other than a secured party, of the collateral takes free of the security interest or agricultural lien to the extent that, in reasonable reliance on the incorrect information, the purchaser gives value and, in the case of tangible chattel paper, tangible documents, goods, instrum

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If a security interest or agricultural lien is perfected by a filed financing statement providing information that is described in section 47-9516, subsection B, paragraph 5 and that is incorrect at the time the financing statement is filed:

1. The security interest or agricultural lien is subordinate to a conflicting perfected security interest in the collateral to the extent that the holder of the conflicting security interest gives value in reasonable reliance on the incorrect information; and

2. A purchaser, other than a secured party, of the collateral takes free of the security interest or agricultural lien to the extent that, in reasonable reliance on the incorrect information, the purchaser gives value and, in the case of tangible chattel paper, tangible documents, goods, instruments or a security certificate, receives delivery of the collateral.