{"data":{"id":"us-ar/ark.-code-ann.-4-9-325","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 4-9-325","heading":"Priority of security interests in transferred collateral.","body":"(a) Except as otherwise provided in subsection (b), a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:\n(1) the debtor acquired the collateral subject to the security interest created by the other person;\n(2) the security interest created by the other person was perfected when the debtor acquired the collateral; and\n(3) there is no period thereafter when the security interest is unperfected.\n(b) Subsection (a) subordinates a security interest only if the security interest:\n(1) otherwise would have priority solely under § 4-9-322(a) or § 4-9-324; or\n(2) arose solely under § 4-2-711(3) or § 4-2A-508(5).","path":["Title 4 Business and Commercial Law","Subtitle 1. Uniform Commercial Code","Chapter 9 Secured Transactions","Part 3 — Perfection and Priority","Subpart 3 Priority"],"source_url":"https://archive.org/download/gov.ar.code/release78.2020.11.06/gov.ar.code.title.04.odt","current_through":"2020-11-06","vintage":"Arkansas Code Release 78 (2020-11), retrieved 2026-09-17","retrieved_at":"2026-09-17T21:07:03Z","sha256":"9f1b27a440d6e041e0ef9ec4e36079555b6145f6ed16878fbb001f8723c0b242","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-4-9-324","next":"us-ar/ark.-code-ann.-4-9-326"},"notice":"GroundRules: Original legal text. Not legal advice."}