GroundRules
Minn. Stat. § 336.0A-306: PRIORITY OF CLAIMS WHEN PRIORITY RULES OF ARTICLE 9 DO NOT APPLY.
Where this section sits in the code
- TRADE REGULATIONS, CONSUMER PROTECTION
- CHAPTER 336. UNIFORM COMMERCIAL CODE
- Article 0A TRANSITIONAL PROVISIONS, 2022 AMENDMENTS
- Part 3 TRANSITIONAL PROVISIONS FOR ARTICLES 9 AND 10
(a) Determination of priority. Subject to subsections (b) and (c), article 12 determines the priority of conflicting claims to article 12 property when the priority rules of article 9, as amended by Laws 2024, chapter 93, do not apply.
(b) Established priorities. Subject to subsection (c), when the priority rules of article 9, as amended by Laws 2024, chapter 93, do not apply and the priorities of claims to article 12 property were established before August 1, 2024, law other than article 12 determines priority.
(c) Determination of certain priorities on adjustment date. When the priority rules of article 9, as amended by Laws 2024, chapter 93, do not apply, to the extent the priorities determined by Laws 2024, chapter 93, modify the priorities established before August 1, 2024, the priorities of claims to article 12 property established before August 1, 2024, cease to apply on the adjustment date.
Collected 2026-09-02T22:10:43Z. Source file · JSON