Act 2014-374 determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2014, Article 9A as it existed before amendment determines priority.
Structure Code of Alabama
Article 9A - Secured Transactions.
Part 8 - Transition for 2014 Amendments.
Section 7-9A-801 - Effective Date.
Section 7-9A-802 - Savings Clause.
Section 7-9A-803 - Security Interest Perfected Before July 1, 2014.
Section 7-9A-804 - Security Interest Unperfected Before Effective Date.
Section 7-9A-805 - Effectiveness of Action Taken Before Effective Date.
Section 7-9A-807 - Amendment of Pre-Effective Date Financing Statement.
Section 7-9A-808 - Person Entitled to File Initial Financing Statement or Continuation Statement.