{"data":{"id":"us-il/810-ilcs-5-9-325","jurisdiction":"us-il","citation":"810 ILCS 5/9-325","heading":"Priority of security interests in transferred collateral.","body":"(a) Subordination of security interest in transferred collateral. 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) Limitation of subsection (a) subordination. Subsection (a) subordinates a security interest only if the security interest:\n(1) otherwise would have priority solely under Section 9-322(a) or 9-324; or\n(2) arose solely under Section 2-711(3) or 2A-508(5).","path":["CHAPTER 810 COMMERCIAL CODE","Uniform Commercial Code."],"source_url":"https://www.ilga.gov/legislation/ILCS/details?ActID=2301\u0026ChapterID=66\u0026ChapAct=FullText\u0026Print=True","current_through":"at least Public Act 104-790","vintage":"","retrieved_at":"2026-09-15T04:46:47Z","sha256":"5a86a98c201a7335f773fcca1e36dfba3b0ddf1f18e9c6f0759799410978bc72","source_id":"us-il","stale":false,"prev":"us-il/810-ilcs-5-9-324","next":"us-il/810-ilcs-5-9-326"},"notice":"GroundRules: Original legal text. Not legal advice."}