§ 6A-9-709. Priority.
(a) Law governing priority. This chapter determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this chapter takes effect, former chapter 9 of this title determines priority.
(b) Priority if security interest becomes enforceable under § 6A-9-203. For purposes of § 6A-9-322(a), the priority of a security interest that becomes enforceable under § 6A-9-203 of this chapter dates from the time this chapter takes effect if the security interest is perfected under this chapter by the filing of a financing statement before this chapter takes effect which would not have been effective to perfect the security interest under former chapter 9 of this title. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement.
History of Section.P.L. 2000, ch. 182, § 6; P.L. 2000, ch. 420, § 6.
Structure Rhode Island General Laws
Title 6A - Uniform Commercial Code
Chapter 6A-9 - Secured Transactions
Section 6A-9-701. - Effective date.
Section 6A-9-702. - Savings clause.
Section 6A-9-703. - Security interest perfected before effective date.
Section 6A-9-704. - Security interest unperfected before effective date.
Section 6A-9-705. - Effectiveness of action taken before effective date.
Section 6A-9-707. - Amendment of pre-effective-date financing statement.
Section 6A-9-708. - Persons entitled to file initial financing statement or continuation statement.
Section 6A-9-710. - Official comments.
Section 6A-9-801. - Effective date.
Section 6A-9-802. - Savings clause.
Section 6A-9-803. - Security interest perfected before effective date.
Section 6A-9-804. - Security interest unperfected before effective date.
Section 6A-9-805. - Effectiveness of action taken before effective date.
Section 6A-9-807. - Amendment of pre-effective-date financing statement.
Section 6A-9-808. - Person entitled to file initial financing statement or continuation statement.