Minnesota § 336.9-325 336.9-325 PRIORITY OF SECURITY INTERESTS IN TRANSFERRED COLLATERAL.

Minnesota Statutes

§ 336.9-325 — 336.9-325 PRIORITY OF SECURITY INTERESTS IN TRANSFERRED COLLATERAL.

Minnesota § 336.9-325

PartTRADE REGULATIONS, CONSUMER PROTECTION

Ch. 336UNIFORM COMMERCIAL CODE

This text of Minnesota § 336.9-325 (336.9-325 PRIORITY OF SECURITY INTERESTS IN TRANSFERRED COLLATERAL.) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 336.9-325 (2026).

Text

(a)Subordination of security interest in transferred collateral.Except as otherwise provided in subsection (b), 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)Limitation of subsection (a) subordination.Subsection (a) subordinates a security interest only if the security interest:

(1)otherwise would have priority solely under section336.9-322(a) or336.9-324; or

(2)arose solely under section336.2-711(3) or336.2A-508(5)

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(a)Subordination of security interest in transferred collateral.Except as otherwise provided in subsection (b), 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)Limitation of subsection (a) subordination.Subsection (a) subordinates a security interest only if the security interest:
(1) otherwise would have priority solely under section336.9-322(a) or336.9-324; or
(2) arose solely under section336.2-711(3) or336.2A-508(5).