(a) A security interest or agricultural lien is subordinate to the rights of a person
(1) entitled to priority under AS 45.29.322; and
(2) except as otherwise provided in (e) of this section, that becomes a lien creditor before the earlier of the time
(A) the security interest or agricultural lien is perfected; or
(B) a financing statement covering the collateral is filed.
(b) Except as otherwise provided in (e) of this section, a buyer, other than a secured party, of tangible chattel paper, tangible documents, goods, instruments, or a certificated security takes free of a security interest or agricultural lien if the buyer gives value and receives delivery of the collateral without knowledge of the security interest or agricultural lien and before it is perfected.
(c) Except as otherwise provided in (e) of this section, a lessee of goods takes free of a security interest or agricultural lien if the lessee gives value and receives delivery of the collateral without knowledge of the security interest or agricultural lien and before it is perfected.
(d) A licensee of a general intangible or a buyer, other than a secured party, of collateral other than tangible chattel paper, tangible documents, goods, instruments, or a certificated security takes free of a security interest if the licensee or buyer gives value without knowledge of the security interest and before it is perfected.
(e) Except as otherwise provided in AS 45.29.320 and 45.29.321, if a person files a financing statement with respect to a purchase money security interest before or within 20 days after the debtor receives delivery of the collateral, the security interest takes priority over the rights of a buyer, lessee, or lien creditor that arise between the time the security interest attaches and the time of filing.
Structure Alaska Statutes
Chapter 29. Secured Transactions
Article 3. Perfection and Priority.
Sec. 45.29.301. Law governing perfection and priority of security interests.
Sec. 45.29.302. Law governing perfection and priority of agricultural liens.
Sec. 45.29.304. Law governing perfection and priority of security interests in deposit accounts.
Sec. 45.29.305. Law governing perfection and priority of security interests in investment property.
Sec. 45.29.307. Location of debtor.
Sec. 45.29.308. When security interest or agricultural lien is perfected; continuity of perfection.
Sec. 45.29.309. Security interest perfected upon attachment.
Sec. 45.29.314. Perfection by control.
Sec. 45.29.315. Secured party's rights on disposition of collateral and in proceeds.
Sec. 45.29.316. Continued perfection of security interest following change in governing law.
Sec. 45.29.319. Rights and title of consignee with respect to creditors and purchasers.
Sec. 45.29.320. Buyer of goods.
Sec. 45.29.321. Licensee of general intangible and lessee of goods in ordinary course of business.
Sec. 45.29.323. Future advances.
Sec. 45.29.324. Priority of purchase money security interests.
Sec. 45.29.325. Priority of security interests in transferred collateral.
Sec. 45.29.326. Priority of security interests created by new debtor.
Sec. 45.29.327. Priority of security interests in deposit account.
Sec. 45.29.328. Priority of security interests in investment property.
Sec. 45.29.329. Priority of security interests in letter-of-credit right.
Sec. 45.29.330. Priority of purchaser of chattel paper or instrument.
Sec. 45.29.332. Transfer of money; transfer of funds from deposit account.
Sec. 45.29.333. Priority of certain liens arising by operation of law.
Sec. 45.29.334. Priority of security interests in fixtures and crops.
Sec. 45.29.336. Commingled goods.
Sec. 45.29.337. Priority of security interests in goods covered by certificate of title.
Sec. 45.29.339. Priority subject to subordination.
Sec. 45.29.340. Effectiveness of right of recoupment or setoff against deposit account.
Sec. 45.29.341. Bank's rights and duties with respect to deposit account.
Sec. 45.29.342. Bank's right to refuse to enter into or disclose existence of control agreement.