Montana § 30-9A-325 Priority Of Security Interests In Transferred Collateral

Montana Statutes

§ 30-9A-325 — Priority Of Security Interests In Transferred Collateral

Montana § 30-9A-325

Title 30TRADE AND COMMERCE

Ch. 9AUNIFORM COMMERCIAL CODE SECURED TRANSACTIONS

Part 3Perfection and Priority

This text of Montana § 30-9A-325 (Priority Of Security Interests In Transferred Collateral) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 30-9A-325 (2026).

Text

30-9A-325 . Priority of security interests in transferred collateral.

(1)Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:

(a)the debtor acquired the collateral subject to the security interest created by the other person;

(b)the security interest created by the other person was perfected when the debtor acquired the collateral; and

(c)there is no period thereafter when the security interest is unperfected.

(2)Subsection (1) subordinates a security interest only if the security interest:

(a)otherwise would have priority solely under 30-9A-322 (1) or 30-9A-324 ; or

(b)arose solely under 30-2-711 (3) or 30-2A-508 (5).

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30-9A-325 . Priority of security interests in transferred collateral. (1) Except as otherwise provided in subsection (2), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:
(a) the debtor acquired the collateral subject to the security interest created by the other person;
(b) the security interest created by the other person was perfected when the debtor acquired the collateral; and
(c) there is no period thereafter when the security interest is unperfected.
(2) Subsection (1) subordinates a security interest only if the security interest:
(a) otherwise would have priority solely under 30-9A-322 (1) or 30-9A-324 ; or
(b) arose solely under 30-2-711 (3) or 30-2A-508 (5).