Code of Alabama
Division 3 - Priority.
Section 7-9A-331 - Priority of Rights of Purchasers of Instruments, Documents, and Securities Under Other Articles; Priority of Interests in Financial Assets and Security Entitlements Under Article 8.

(a) Rights under Articles 3, 7, and 8 not limited. This article does not limit the rights of a holder in due course of a negotiable instrument, a holder to which a negotiable document of title has been duly negotiated, or a protected purchaser of a security. These holders or purchasers take priority over an earlier security interest, even if perfected, to the extent provided in Articles 3, 7, and 8.
(b) Protection under Article 8. This article does not limit the rights of or impose liability on a person to the extent that the person is protected against the assertion of a claim under Article 8.
(c) Filing not notice. Filing under this article does not constitute notice of a claim or defense to the holders, or purchasers, or persons described in subsections (a) and (b).

Structure Code of Alabama

Code of Alabama

Title 7 - Commercial Code.

Article 9A - Secured Transactions.

Part 3 - Perfection and Priority.

Division 3 - Priority.

Section 7-9A-317 - Interests That Take Priority Over or Take Free of Security Interest or Agricultural Lien.

Section 7-9A-318 - No Interest Retained in Right to Payment That Is Sold; Rights and Title of Seller of Account or Chattel Paper With Respect to Creditors and Purchasers.

Section 7-9A-319 - Rights and Title of Consignee With Respect to Creditors and Purchasers.

Section 7-9A-320 - Buyer of Goods; Alabama Farmers Credit Protection Fund.

Section 7-9A-321 - Licensee of General Intangible and Lessee of Goods in Ordinary Course of Business.

Section 7-9A-322 - Priorities Among Conflicting Security Interests in and Agricultural Liens on Same Collateral.

Section 7-9A-323 - Future Advances.

Section 7-9A-324 - Priority of Purchase-Money Security Interests.

Section 7-9A-325 - Priority of Security Interests in Transferred Collateral.

Section 7-9A-326 - Priority of Security Interests Created by New Debtor.

Section 7-9A-327 - Priority of Security Interests in Deposit Account.

Section 7-9A-328 - Priority of Security Interests in Investment Property.

Section 7-9A-329 - Priority of Security Interests in Letter-of-Credit Right.

Section 7-9A-330 - Priority of Purchaser of Chattel Paper or Instrument.

Section 7-9A-331 - Priority of Rights of Purchasers of Instruments, Documents, and Securities Under Other Articles; Priority of Interests in Financial Assets and Security Entitlements Under Article 8.

Section 7-9A-332 - Transfer of Money; Transfer of Funds From Deposit Account.

Section 7-9A-333 - Priority of Certain Liens Arising by Operation of Law.

Section 7-9A-334 - Priority of Security Interests in Fixtures and Crops.

Section 7-9A-335 - Accessions.

Section 7-9A-336 - Commingled Goods.

Section 7-9A-337 - Priority of Security Interests in Goods Covered by Certificate of Title.

Section 7-9A-338 - Priority of Security Interest or Agricultural Lien Perfected by Filed Financing Statement Providing Certain Incorrect Information.

Section 7-9A-339 - Priority Subject to Subordination.