Conn. Gen. Stat. § 42a-9-325
This is the official text of Conn. Gen. Stat. § 42a-9-325, part of Connecticut’s Gen. Stat — part of the compiled statutory law of Connecticut, published by the state as "Gen. Stat." Browse the sections below, each linked to its official government source.
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Sec. 42a-9-325. Priority of security interests in transferred collateral.
Official statutory text
(1) The debtor acquired the collateral subject to the security interest created by the other person;
(2) The security interest created by the other person was perfected when the debtor acquired the collateral; and
(3) There is no period thereafter when the security interest is unperfected.
(b) Subsection (a) subordinates a security interest only if the security interest:
(1) Otherwise would have priority solely under subsection (a) of section 42a-9-322 or section 42a-9-324 ; or
(2) Arose solely under subdivision (3) of section 42a-2-711 or subsection (d) of section 42a-2A-724 .
(2) The security interest created by the other person was perfected when the debtor acquired the collateral; and
(3) There is no period thereafter when the security interest is unperfected.
(b) Subsection (a) subordinates a security interest only if the security interest:
(1) Otherwise would have priority solely under subsection (a) of section 42a-9-322 or section 42a-9-324 ; or
(2) Arose solely under subdivision (3) of section 42a-2-711 or subsection (d) of section 42a-2A-724 .
Status: in_force · Read it on the official government site
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