{"data":{"id":"us-or/ors-79a.3250","jurisdiction":"us-or","citation":"ORS 79A.3250","heading":"UCC 9-325. Priority of security interests in transferred collateral.","body":"(1) Except as otherwise provided in subsection (2) of this section, a security interest created by a debtor is subordinate to a security interest in the same collateral created by another person if:\n      (a) The debtor acquired the collateral subject to the security interest created by the other person;\n      (b) The security interest created by the other person was perfected when the debtor acquired the collateral; and\n      (c) There is no period thereafter when the security interest is unperfected.\n      (2) Subsection (1) of this section subordinates a security interest only if the security interest:\n      (a) Otherwise would have priority solely under ORS 79A.3220 (1) or 79A.3230; or\n      (b) Arose solely under ORS 72.7110 (3) or 72A.5080 (5).","path":["02 - Business Organizations, Commercial Code","8. Commercial Transactions","Chapter 79A — Secured Transactions"],"source_url":"https://www.oregonlegislature.gov/bills_laws/ors/ors079A.html","current_through":"2025 Edition","vintage":"","retrieved_at":"2026-09-03T23:50:11Z","sha256":"49045ffc278380475fac77e4ce44acc6ab710d8b9771f94890cf2753ed80ae2a","source_id":"us-or","stale":false,"prev":"us-or/ors-79a.3240","next":"us-or/ors-79a.3260"},"notice":"GroundRules: Original legal text. Not legal advice."}