Neb. U.C.C. § 12A-306: Priority of claims when priority rules of article 9 do not apply.

(a) Subject to subsections (b) and (c), article 12 as amended by Laws 2024, LB94, determines the priority of conflicting claims to article 12 property when the priority rules of article 9 as amended by Laws 2024, LB94, do not apply.

(b) Subject to subsection (c), when the priority rules of article 9 as amended by Laws 2024, LB94, do not apply and the priorities of claims to article 12 property were established before July 19, 2024, law other than article 12 as amended by Laws 2024, LB94, determines priority.

(c) When the priority rules of article 9 as amended by Laws 2024, LB94, do not apply, to the extent the priorities determined by Laws 2024, LB94, modify the priorities established before July 19, 2024, the priorities of claims to article 12 property established before July 19, 2024, cease to apply on the adjustment date.