Indiana § 26-1-12.5-306 Determination of priority of conflicting claims to controllable accounts,
controllable electronic records, and controllable payment intangibles

Indiana Statutes

§ 26-1-12.5-306 — Determination of priority of conflicting claims to controllable accounts, controllable electronic records, and controllable payment intangibles

Indiana § 26-1-12.5-306

Title 26COMMERCIAL LAW

Art. 1UNIFORM COMMERCIAL CODE

Ch. 12.5Transitional Provisions For Uniform Commercial

This text of Indiana § 26-1-12.5-306 (Determination of priority of conflicting claims to controllable accounts, controllable electronic records, and controllable payment intangibles) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 26-1-12.5-306 (2026).

Text

(a)Subject to subsections (b) and (c), chapter 12 determines the priority of conflicting claims to chapter 12 property when the priority rules of IC 26-1-9.1, as amended by the act, do not apply.

(b)Subject to subsection (c), when the priority rules of IC 26-1-9.1, as amended by the act, do not apply and the priorities of claims to chapter 12 property were established before July 1, 2023, law other than chapter 12 determines priority.

(c)When the priority rules of IC 26-1-9.1, as amended by the act, do not apply, to the extent the priorities determined by the act modify the priorities established before July 1, 2023, the priorities of claims to chapter 12 property established before July 1, 2023, cease to apply on the adjustment date.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Subject to subsections (b) and (c),
chapter 12 determines the priority of conflicting claims to chapter 12
property when the priority rules of IC 26-1-9.1, as amended by the act,
do not apply.
(b) Subject to subsection (c), when the priority rules of IC 26-1-9.1,
as amended by the act, do not apply and the priorities of claims to
chapter 12 property were established before July 1, 2023, law other
than chapter 12 determines priority.
(c) When the priority rules of IC 26-1-9.1, as amended by the act, do
not apply, to the extent the priorities determined by the act modify the
priorities established before July 1, 2023, the priorities of claims to
chapter 12 property established before July 1, 2023, cease to apply on
the adjustment date.