{"data":{"id":"us-dc/d.c.-code-28-9-323","jurisdiction":"us-dc","citation":"D.C. Code § 28:9-323","heading":"Future advances.","body":"(a)\nExcept as otherwise provided in subsection (c), for purposes of determining the priority of a perfected security interest under § 28:9-322(a)(1), perfection of the security interest dates from the time an advance is made to the extent that the security interest secures an advance that:\n(1)\nIs made while the security interest is perfected only:\n(A)\nUnder § 28:9-309 when it attaches; or\n(B)\nTemporarily under § 28:9-312(e), (f), or (g); and\n(2)\nIs not made pursuant to a commitment entered into before or while the security interest is perfected by a method other than under § 28:9-309 or 28:9-312(e), (f), or (g).\n\n(b)\nExcept as otherwise provided in subsection (c), a security interest is subordinate to the rights of a person that becomes a lien creditor to the extent that the security interest secures an advance made more than 45 days after the person becomes a lien creditor unless the advance is made:\n\n(b)\nExcept as otherwise provided in subsection (c), a security interest is subordinate to the rights of a person that becomes a lien creditor while the security interest is perfected only to the extent that it secures advances made more than 45 days after the person becomes a lien creditor unless the advance is made:\n(1)\nWithout knowledge of the lien; or\n(2)\nPursuant to a commitment entered into without knowledge of the lien.\n\n(c)\nSubsections (a) and (b) do not apply to a security interest held by a secured party that is a buyer of accounts, chattel paper, payment intangibles, or promissory notes or a consignor.\n\n(d)\nExcept as otherwise provided in subsection (e), a buyer of goods  takes free of a security interest to the extent that it secures advances made after the earlier of:\n(1)\nThe time the secured party acquires knowledge of the buyer’s purchase; or\n(2)\nForty-five days after the purchase.\n\n(e)\nSubsection (d) does not apply if the advance is made pursuant to a commitment entered into without knowledge of the buyer’s purchase and before the expiration of the 45-day period.\n\n(f)\nExcept as otherwise provided in subsection (g), a lessee of goods, takes the leasehold interest free of a security interest to the extent that it secures advances made after the earlier of:\n(1)\nThe time the secured party acquires knowledge of the lease; or\n(2)\nForty-five days after the lease contract becomes enforceable.\n\n(g)\nSubsection (f) does not apply if the advance is made pursuant to a commitment entered into without knowledge of the lease and before the expiration of the 45-day period.","path":["Title 28. Commercial Instruments and Transactions. [Enacted title]","Subtitle I. Uniform Commercial Code.","Article 9. Secured Transactions.","Part III. Perfection and Priority.","Subpart 3. Priority."],"source_url":"https://code.dccouncil.gov/us/dc/council/code/sections/28:9-323","current_through":"2026-08-20 (D.C. Law 26-175)","vintage":"","retrieved_at":"2026-08-29T05:44:07Z","sha256":"a3be28351423824d217a85d0f3625fac1e555118e6854de47e4a95b59cbff7e9","source_id":"us-dc","stale":false,"prev":"us-dc/d.c.-code-28-9-322","next":"us-dc/d.c.-code-28-9-324"},"notice":"GroundRules: Original legal text. Not legal advice."}