{"data":{"id":"us-ne/neb.-u.c.c.-9-323","jurisdiction":"us-ne","citation":"Neb. U.C.C. § 9-323","heading":"Future advances.","body":"(a) Except as otherwise provided in subsection (c), for purposes of determining the priority of a perfected security interest under section 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) is made while the security interest is perfected only:\n(A) under section 9-309 when it attaches; or\n(B) temporarily under section 9-312(e), (f), or (g); and\n(2) is not made pursuant to a commitment entered into before or while the security interest is perfected by a method other than under section 9-309 or 9-312(e), (f), or (g).\n(b) Except 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 forty-five days after the person becomes a lien creditor unless the advance is made:\n(1) without knowledge of the lien; or\n(2) pursuant to a commitment entered into without knowledge of the lien.\n(c) Subsections (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(d) Except 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) the time the secured party acquires knowledge of the buyer's purchase; or\n(2) forty-five days after the purchase.\n(e) Subsection (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 forty-five-day period.\n(f) Except 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) the time the secured party acquires knowledge of the lease; or\n(2) forty-five days after the lease contract becomes enforceable.\n(g) Subsection (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 forty-five-day period.","path":["Uniform Commercial Code","Article 9"],"source_url":"https://nebraskalegislature.gov/laws/ucc.php?code=9-323","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:12Z","sha256":"99017997d35c71f1e5872d94f765d36260432a23743166876c953439ec62cef1","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-u.c.c.-9-322","next":"us-ne/neb.-u.c.c.-9-324"},"notice":"GroundRules: Original legal text. Not legal advice."}